Atala Financial Inc Invests $416,000 in Blue Owl Capital Co. (NYSE:OBDC)

Atala Financial Inc acquired a new position in shares of Blue Owl Capital Co. (NYSE:OBDC - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 27,494 shares of the company's stock, valued at approximately $416,000.

A number of other large investors have also made changes to their positions in OBDC. Fifth Third Bancorp raised its stake in shares of Blue Owl Capital by 192.2% in the 4th quarter. Fifth Third Bancorp now owns 2,922 shares of the company's stock valued at $44,000 after buying an additional 1,922 shares in the last quarter. National Bank of Canada FI increased its stake in Blue Owl Capital by 144.7% in the third quarter. National Bank of Canada FI now owns 4,160 shares of the company's stock valued at $61,000 after acquiring an additional 2,460 shares during the period. Westend Capital Management LLC lifted its stake in Blue Owl Capital by 58.8% during the fourth quarter. Westend Capital Management LLC now owns 4,816 shares of the company's stock worth $73,000 after purchasing an additional 1,784 shares during the period. Venturi Wealth Management LLC acquired a new stake in Blue Owl Capital during the fourth quarter valued at approximately $77,000. Finally, Canton Hathaway LLC bought a new stake in shares of Blue Owl Capital in the 4th quarter valued at approximately $84,000. Institutional investors and hedge funds own 42.83% of the company's stock.

Insider Buying and Selling

In related news, Director Chris Temple bought 15,000 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were acquired at an average price of $14.80 per share, with a total value of $222,000.00. Following the completion of the transaction, the director now owns 51,000 shares in the company, valued at $754,800. The trade was a 41.67 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.12% of the stock is currently owned by corporate insiders.

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Blue Owl Capital Stock Up 0.0 %

NYSE OBDC traded up $0.01 during trading hours on Tuesday, reaching $14.91. 4,207,333 shares of the company's stock were exchanged, compared to its average volume of 2,232,641. The company's 50-day moving average is $15.00 and its two-hundred day moving average is $15.01. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.28 and a current ratio of 1.19. Blue Owl Capital Co. has a one year low of $13.98 and a one year high of $16.91. The company has a market capitalization of $7.61 billion, a price-to-earnings ratio of 9.74 and a beta of 0.85.

Blue Owl Capital (NYSE:OBDC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.01. The business had revenue of $394.39 million during the quarter, compared to the consensus estimate of $395.24 million. Blue Owl Capital had a return on equity of 12.38% and a net margin of 37.26%. On average, analysts forecast that Blue Owl Capital Co. will post 1.71 EPS for the current fiscal year.

Blue Owl Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date of this dividend is Monday, March 31st. Blue Owl Capital's dividend payout ratio is presently 96.73%.

Analysts Set New Price Targets

OBDC has been the topic of several analyst reports. Citizens Jmp raised shares of Blue Owl Capital to a "strong-buy" rating in a report on Monday, February 3rd. Keefe, Bruyette & Woods raised shares of Blue Owl Capital from a "moderate sell" rating to a "hold" rating in a report on Friday, February 21st. Wells Fargo & Company raised Blue Owl Capital from an "underweight" rating to an "equal weight" rating and boosted their target price for the stock from $14.00 to $15.00 in a report on Monday. Royal Bank of Canada reaffirmed an "outperform" rating and set a $17.00 price target on shares of Blue Owl Capital in a report on Tuesday, November 19th. Finally, JMP Securities reissued an "outperform" rating on shares of Blue Owl Capital in a research note on Tuesday, February 4th. Three investment analysts have rated the stock with a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, Blue Owl Capital presently has an average rating of "Moderate Buy" and a consensus target price of $16.17.

About Blue Owl Capital

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.