Blue Owl Capital Inc. (NYSE:OWL) Position Increased by Swiss National Bank

Swiss National Bank increased its position in shares of Blue Owl Capital Inc. (NYSE:OWL) by 14.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,048,400 shares of the company’s stock after acquiring an additional 133,900 shares during the period. Swiss National Bank owned about 0.07% of Blue Owl Capital worth $24,386,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. bought a new position in Blue Owl Capital during the fourth quarter valued at about $1,830,000. Rakuten Securities Inc. acquired a new stake in shares of Blue Owl Capital in the fourth quarter valued at about $27,000. Jupiter Asset Management Ltd. grew its position in shares of Blue Owl Capital by 333.4% in the fourth quarter. Jupiter Asset Management Ltd. now owns 430,001 shares of the company’s stock valued at $10,002,000 after purchasing an additional 330,790 shares during the last quarter. HighTower Advisors LLC grew its position in shares of Blue Owl Capital by 0.7% in the fourth quarter. HighTower Advisors LLC now owns 3,624,314 shares of the company’s stock valued at $84,302,000 after purchasing an additional 24,462 shares during the last quarter. Finally, AGF Management Ltd. acquired a new stake in shares of Blue Owl Capital in the fourth quarter valued at about $325,000. 35.85% of the stock is currently owned by institutional investors.

Blue Owl Capital Stock Up 3.6 %

Shares of OWL opened at $19.90 on Tuesday. The stock has a market cap of $30.60 billion, a price-to-earnings ratio of 117.04, a P/E/G ratio of 1.23 and a beta of 1.19. Blue Owl Capital Inc. has a 12 month low of $15.18 and a 12 month high of $26.73. The company has a 50-day moving average price of $22.86 and a two-hundred day moving average price of $22.14.

Blue Owl Capital (NYSE:OWL) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.21 EPS for the quarter, hitting analysts’ consensus estimates of $0.21. Blue Owl Capital had a net margin of 4.77% and a return on equity of 20.82%. Equities research analysts expect that Blue Owl Capital Inc. will post 0.92 EPS for the current fiscal year.

Blue Owl Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date was Wednesday, February 19th. Blue Owl Capital’s dividend payout ratio (DPR) is currently 423.53%.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on OWL shares. JMP Securities reaffirmed a “market outperform” rating and issued a $32.00 price target (up from $30.00) on shares of Blue Owl Capital in a research report on Friday, February 7th. Wells Fargo & Company lowered their price target on Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. Barclays started coverage on Blue Owl Capital in a research report on Monday, February 24th. They set an “overweight” rating and a $29.00 target price on the stock. Piper Sandler lifted their target price on Blue Owl Capital from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Monday, December 23rd. Finally, Citigroup reissued a “buy” rating and set a $30.00 target price on shares of Blue Owl Capital in a research report on Thursday, January 23rd. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $26.48.

About Blue Owl Capital

Blue Owl Capital Inc operates as an asset manager in the United States. The company offers permanent capital base solutions that enables it to offer holistic framework of capital solutions to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. It also provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; liquid credit; GP strategic capital products, which offers capital solutions, including GP minority stakes, GP debt financing, and professional sports minority stakes; and real estate products that focuses on acquiring triple net lease real estate by investment grade or creditworthy tenants.