Rothschild Investment LLC raised its stake in Blue Owl Capital Inc. (NYSE:OWL – Free Report) by 316.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,955 shares of the company’s stock after acquiring an additional 25,795 shares during the quarter. Rothschild Investment LLC’s holdings in Blue Owl Capital were worth $790,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of the stock. Allworth Financial LP increased its holdings in shares of Blue Owl Capital by 43.3% during the 4th quarter. Allworth Financial LP now owns 1,416 shares of the company’s stock valued at $36,000 after purchasing an additional 428 shares in the last quarter. Versant Capital Management Inc grew its position in Blue Owl Capital by 136.2% during the fourth quarter. Versant Capital Management Inc now owns 1,925 shares of the company’s stock valued at $45,000 after buying an additional 1,110 shares during the period. Principal Securities Inc. increased its holdings in Blue Owl Capital by 30.6% in the fourth quarter. Principal Securities Inc. now owns 1,921 shares of the company’s stock valued at $45,000 after buying an additional 450 shares in the last quarter. Blue Trust Inc. raised its position in shares of Blue Owl Capital by 182.2% in the fourth quarter. Blue Trust Inc. now owns 2,029 shares of the company’s stock worth $47,000 after acquiring an additional 1,310 shares during the period. Finally, Copeland Capital Management LLC acquired a new stake in shares of Blue Owl Capital during the 4th quarter valued at about $103,000. Hedge funds and other institutional investors own 35.85% of the company’s stock.
Analyst Upgrades and Downgrades
Several brokerages recently weighed in on OWL. Oppenheimer lifted their price target on Blue Owl Capital from $24.00 to $28.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Deutsche Bank Aktiengesellschaft upped their target price on Blue Owl Capital from $23.00 to $24.00 and gave the stock a “buy” rating in a research note on Friday, November 1st. TD Cowen raised shares of Blue Owl Capital from a “hold” rating to a “buy” rating and lifted their price target for the company from $26.00 to $28.00 in a research note on Thursday, January 16th. Evercore ISI upped their price objective on shares of Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Friday, January 17th. Finally, Citigroup reaffirmed a “buy” rating and set a $30.00 price objective on shares of Blue Owl Capital in a report on Thursday, January 23rd. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $26.48.
Blue Owl Capital Stock Down 1.6 %
Shares of NYSE OWL opened at $21.79 on Tuesday. The firm has a 50-day simple moving average of $23.95 and a 200-day simple moving average of $21.88. The stock has a market capitalization of $32.54 billion, a price-to-earnings ratio of 128.16, a price-to-earnings-growth ratio of 1.23 and a beta of 1.15. Blue Owl Capital Inc. has a 52 week low of $15.18 and a 52 week high of $26.73.
Blue Owl Capital (NYSE:OWL – Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.21 EPS for the quarter, meeting analysts’ consensus estimates of $0.21. Blue Owl Capital had a net margin of 4.77% and a return on equity of 20.82%. As a group, equities research analysts expect that Blue Owl Capital Inc. will post 0.92 EPS for the current year.
Blue Owl Capital Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Wednesday, February 19th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, February 19th. This represents a $0.72 annualized dividend and a dividend yield of 3.30%. Blue Owl Capital’s dividend payout ratio is presently 423.55%.
Blue Owl Capital Company Profile
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.
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