Blue Owl Capital Corporation $OBDC Shares Bought by Stephens Inc. AR

Stephens Inc. AR boosted its position in shares of Blue Owl Capital Corporation (NYSE:OBDC) by 1.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,032,304 shares of the company’s stock after buying an additional 41,858 shares during the period. Stephens Inc. AR owned 0.59% of Blue Owl Capital worth $43,483,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. Golden State Equity Partners increased its holdings in shares of Blue Owl Capital by 1.7% in the first quarter. Golden State Equity Partners now owns 45,680 shares of the company’s stock valued at $670,000 after purchasing an additional 742 shares during the period. BlueStem Wealth Partners LLC increased its holdings in shares of Blue Owl Capital by 2.5% in the first quarter. BlueStem Wealth Partners LLC now owns 32,741 shares of the company’s stock valued at $480,000 after purchasing an additional 784 shares during the period. Flagship Harbor Advisors LLC increased its holdings in shares of Blue Owl Capital by 6.1% in the first quarter. Flagship Harbor Advisors LLC now owns 13,930 shares of the company’s stock valued at $204,000 after purchasing an additional 798 shares during the period. NorthRock Partners LLC increased its holdings in shares of Blue Owl Capital by 5.4% in the second quarter. NorthRock Partners LLC now owns 19,106 shares of the company’s stock valued at $281,000 after purchasing an additional 975 shares during the period. Finally, Avantax Advisory Services Inc. increased its holdings in shares of Blue Owl Capital by 2.7% in the first quarter. Avantax Advisory Services Inc. now owns 37,392 shares of the company’s stock valued at $548,000 after purchasing an additional 996 shares during the period. Institutional investors and hedge funds own 42.83% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on OBDC shares. LADENBURG THALM/SH SH upgraded Blue Owl Capital to a “strong-buy” rating in a research note on Friday, August 8th. Raymond James Financial set a $14.00 price target on Blue Owl Capital and gave the company an “outperform” rating in a research note on Tuesday, October 7th. Three investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus price target of $15.21.

Blue Owl Capital Stock Up 0.9%

Shares of NYSE:OBDC opened at $12.65 on Monday. The company has a quick ratio of 0.80, a current ratio of 0.80 and a debt-to-equity ratio of 1.20. Blue Owl Capital Corporation has a 52-week low of $12.04 and a 52-week high of $15.73. The stock’s fifty day simple moving average is $13.62 and its 200-day simple moving average is $14.05. The company has a market capitalization of $6.46 billion, a P/E ratio of 8.38 and a beta of 0.75.

Blue Owl Capital (NYSE:OBDC) last released its earnings results on Wednesday, August 6th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.39 by $0.01. The firm had revenue of $485.84 million during the quarter, compared to analyst estimates of $480.42 million. Blue Owl Capital had a return on equity of 11.24% and a net margin of 38.29%. As a group, equities research analysts forecast that Blue Owl Capital Corporation will post 1.71 earnings per share for the current fiscal year.

Blue Owl Capital Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were paid a dividend of $0.02 per share. This is a boost from Blue Owl Capital’s previous quarterly dividend of $0.01. This represents a $0.08 annualized dividend and a yield of 0.6%. The ex-dividend date was Friday, August 29th. Blue Owl Capital’s payout ratio is currently 98.01%.

Blue Owl Capital Company Profile

Blue Owl Capital Corporation is a business development company. It specializes in direct and fund of fund investments. The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and second lien term loans and common equity investments.