Blue Owl Capital Inc. (NYSE:OWL) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Blue Owl Capital Inc. (NYSE:OWL) have received a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, seven have given a hold recommendation, eight have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $15.9688.

Several analysts have commented on OWL shares. Evercore set a $14.00 target price on shares of Blue Owl Capital in a research note on Friday, February 6th. Deutsche Bank Aktiengesellschaft cut shares of Blue Owl Capital from a “buy” rating to a “hold” rating and lowered their target price for the stock from $15.00 to $10.00 in a research note on Tuesday, February 24th. TD Cowen lowered their target price on shares of Blue Owl Capital from $16.00 to $14.00 and set a “buy” rating for the company in a research note on Monday, March 23rd. Citigroup reaffirmed an “outperform” rating on shares of Blue Owl Capital in a research note on Tuesday, January 27th. Finally, UBS Group lowered their target price on shares of Blue Owl Capital from $16.50 to $12.00 and set a “neutral” rating for the company in a research note on Friday, February 20th.

Blue Owl Capital Stock Performance

OWL stock opened at $8.45 on Thursday. The stock has a market capitalization of $13.13 billion, a P/E ratio of 84.46, a PEG ratio of 0.89 and a beta of 1.21. Blue Owl Capital has a one year low of $7.95 and a one year high of $21.08. The company has a 50 day moving average price of $10.12 and a two-hundred day moving average price of $13.66.

Blue Owl Capital (NYSE:OWL) last released its earnings results on Thursday, February 5th. The company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.22 by $0.05. The firm had revenue of $701.47 million during the quarter, compared to analysts’ expectations of $712.75 million. Blue Owl Capital had a net margin of 2.75% and a return on equity of 20.93%. Research analysts forecast that Blue Owl Capital will post 0.92 earnings per share for the current fiscal year.

Blue Owl Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 2nd. Shareholders of record on Friday, February 20th were issued a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 10.7%. The ex-dividend date was Friday, February 20th. Blue Owl Capital’s dividend payout ratio (DPR) is 900.00%.

Hedge Funds Weigh In On Blue Owl Capital

A number of hedge funds have recently made changes to their positions in the stock. Nisa Investment Advisors LLC boosted its holdings in shares of Blue Owl Capital by 7.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 10,011 shares of the company’s stock valued at $169,000 after purchasing an additional 685 shares during the last quarter. Park Avenue Securities LLC boosted its holdings in shares of Blue Owl Capital by 5.6% in the 3rd quarter. Park Avenue Securities LLC now owns 13,149 shares of the company’s stock valued at $223,000 after purchasing an additional 699 shares during the last quarter. Bessemer Group Inc. boosted its holdings in shares of Blue Owl Capital by 20.3% in the 3rd quarter. Bessemer Group Inc. now owns 4,967 shares of the company’s stock valued at $84,000 after purchasing an additional 838 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Blue Owl Capital by 117.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,608 shares of the company’s stock valued at $27,000 after purchasing an additional 867 shares during the last quarter. Finally, Stonegate Investment Group LLC boosted its holdings in shares of Blue Owl Capital by 3.6% in the 3rd quarter. Stonegate Investment Group LLC now owns 25,465 shares of the company’s stock valued at $431,000 after purchasing an additional 884 shares during the last quarter. Institutional investors and hedge funds own 35.85% of the company’s stock.

Blue Owl Capital Company Profile

Blue Owl Capital is a global alternative asset manager that focuses on private credit, direct lending and equity-related strategies for institutional investors. Headquartered in New York, the firm develops and manages a range of private markets products designed to provide capital solutions to middle-market and larger corporate borrowers, as well as liquidity and partnership arrangements with private equity firms and other alternative managers.

Its core activities include direct lending and credit strategies that provide senior, unitranche and other structured loan products to companies across industries.