Blue Owl Capital Inc. (NYSE:OWL) Shares Purchased by Beck Mack & Oliver LLC

Beck Mack & Oliver LLC raised its stake in Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,045,216 shares of the company's stock after buying an additional 37,386 shares during the period. Blue Owl Capital makes up approximately 2.6% of Beck Mack & Oliver LLC's holdings, making the stock its 11th largest holding. Beck Mack & Oliver LLC owned about 0.40% of Blue Owl Capital worth $140,612,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Rakuten Securities Inc. purchased a new stake in shares of Blue Owl Capital in the fourth quarter valued at about $27,000. Allworth Financial LP raised its position 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 worth $36,000 after purchasing an additional 428 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in Blue Owl Capital by 232.7% in the 4th quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company's stock valued at $44,000 after buying an additional 1,315 shares in the last quarter. Versant Capital Management Inc grew its holdings in Blue Owl Capital by 136.2% during the 4th 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 last quarter. Finally, Principal Securities Inc. increased its position in Blue Owl Capital by 30.6% during the fourth quarter. Principal Securities Inc. now owns 1,921 shares of the company's stock worth $45,000 after buying an additional 450 shares in the last quarter. 35.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

OWL has been the topic of several recent research reports. JMP Securities reduced their price objective on Blue Owl Capital from $32.00 to $28.00 and set a "market outperform" rating on the stock in a research report on Tuesday, April 8th. Citigroup decreased their price target on shares of Blue Owl Capital from $30.00 to $23.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Cfra Research upgraded shares of Blue Owl Capital to a "moderate buy" rating in a report on Thursday, March 27th. Piper Sandler lowered their target price on shares of Blue Owl Capital from $27.00 to $21.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Finally, Barclays reduced their price target on Blue Owl Capital from $29.00 to $20.00 and set an "overweight" rating on the stock in a research note on Monday, April 7th. Four 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, Blue Owl Capital currently has a consensus rating of "Moderate Buy" and an average target price of $23.79.

Blue Owl Capital Trading Up 2.8 %

NYSE OWL traded up $0.46 on Tuesday, hitting $16.96. 8,799,534 shares of the stock traded hands, compared to its average volume of 6,649,912. The company has a market capitalization of $26.08 billion, a P/E ratio of 99.77, a price-to-earnings-growth ratio of 1.23 and a beta of 1.20. The stock has a 50-day moving average of $19.68 and a 200 day moving average of $22.16. Blue Owl Capital Inc. has a twelve month low of $14.55 and a twelve month high of $26.73.

Blue Owl Capital (NYSE:OWL - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. As a group, equities research analysts expect that Blue Owl Capital Inc. will post 0.92 earnings per share for the current year.

Blue Owl Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 19th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.25%. The ex-dividend date was Wednesday, February 19th. Blue Owl Capital's dividend payout ratio is presently 423.53%.

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.