17,948 Shares in Blue Owl Capital Inc. (NYSE:OWL) Purchased by XTX Topco Ltd

XTX Topco Ltd acquired a new stake in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 17,948 shares of the company's stock, valued at approximately $417,000.

Several other institutional investors and hedge funds have also modified their holdings of OWL. Rothschild Investment LLC increased its stake in Blue Owl Capital by 316.1% during the fourth quarter. Rothschild Investment LLC now owns 33,955 shares of the company's stock worth $790,000 after acquiring an additional 25,795 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Blue Owl Capital by 17.9% in the third quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company's stock valued at $174,829,000 after purchasing an additional 1,372,865 shares during the period. Arizona State Retirement System raised its stake in shares of Blue Owl Capital by 14.7% during the fourth quarter. Arizona State Retirement System now owns 154,708 shares of the company's stock valued at $3,599,000 after purchasing an additional 19,810 shares in the last quarter. Princeton Global Asset Management LLC acquired a new stake in Blue Owl Capital in the fourth quarter worth approximately $1,773,000. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Blue Owl Capital by 3.2% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,447,057 shares of the company's stock worth $80,179,000 after purchasing an additional 106,485 shares during the last quarter. Hedge funds and other institutional investors own 35.85% of the company's stock.

Blue Owl Capital Trading Up 4.5 %

Shares of OWL traded up $0.79 during trading hours on Thursday, hitting $18.46. 9,538,107 shares of the stock traded hands, compared to its average volume of 6,699,108. The business has a fifty day moving average of $19.45 and a 200-day moving average of $22.11. Blue Owl Capital Inc. has a 1-year low of $14.55 and a 1-year high of $26.73. The firm has a market capitalization of $28.39 billion, a PE ratio of 108.59, a price-to-earnings-growth ratio of 1.23 and a beta of 1.20.

Blue Owl Capital (NYSE:OWL - Get Free Report) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate 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 earnings per share for the current fiscal year.

Blue Owl Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date of this dividend was Wednesday, February 19th. Blue Owl Capital's dividend payout ratio is currently 423.53%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Piper Sandler lowered their target price on Blue Owl Capital from $27.00 to $21.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Evercore ISI lifted their price target on shares of Blue Owl Capital from $25.00 to $26.00 and gave the company an "outperform" rating in a research report on Friday, January 17th. The Goldman Sachs Group lowered Blue Owl Capital from a "buy" rating to a "neutral" rating and lowered their target price for the company from $25.00 to $24.75 in a report on Monday, January 6th. Wells Fargo & Company decreased their target price on Blue Owl Capital from $22.00 to $19.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th. Finally, Cfra Research raised shares of Blue Owl Capital to a "moderate buy" rating in a report on Thursday, March 27th. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $23.79.

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.