Blair William & Co. IL Takes $586,000 Position in Blue Owl Capital Inc. (NYSE:OWL)

Blair William & Co. IL bought a new position in Blue Owl Capital Inc. (NYSE:OWL - Free Report) in the 4th quarter, according to its most recent disclosure with the SEC. The firm bought 25,203 shares of the company's stock, valued at approximately $586,000.

A number of other large investors have also recently modified their holdings of OWL. Rakuten Securities Inc. purchased a new stake in shares of Blue Owl Capital in the 4th quarter worth about $27,000. Allworth Financial LP lifted its position in 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 acquiring an additional 428 shares during the period. Jones Financial Companies Lllp grew its holdings in Blue Owl Capital by 232.7% in the fourth quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company's stock worth $44,000 after purchasing an additional 1,315 shares during the period. Versant Capital Management Inc lifted its holdings in shares of 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 purchasing an additional 1,110 shares during the last quarter. Finally, Principal Securities Inc. boosted its position in shares of Blue Owl Capital by 30.6% in the 4th quarter. Principal Securities Inc. now owns 1,921 shares of the company's stock worth $45,000 after purchasing an additional 450 shares in the last quarter. Institutional investors own 35.85% of the company's stock.

Blue Owl Capital Stock Performance

Shares of NYSE OWL traded down $0.48 during midday trading on Tuesday, hitting $15.93. 19,235,144 shares of the company's stock traded hands, compared to its average volume of 6,291,196. The firm has a fifty day moving average of $21.25 and a 200 day moving average of $22.35. Blue Owl Capital Inc. has a 1 year low of $14.55 and a 1 year high of $26.73. The stock has a market capitalization of $24.50 billion, a price-to-earnings ratio of 93.72, a price-to-earnings-growth ratio of 1.23 and a beta of 1.20.

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

Blue Owl Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 4.52%. The ex-dividend date was Wednesday, February 19th. Blue Owl Capital's dividend payout ratio is presently 423.53%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on OWL shares. Keefe, Bruyette & Woods raised their price objective on Blue Owl Capital from $22.00 to $26.00 and gave the company a "market perform" rating in a research report on Friday, December 20th. Piper Sandler lowered their price target on Blue Owl Capital from $27.00 to $21.00 and set an "overweight" rating for the company in a research report on Tuesday. Evercore ISI upped their price target on shares of Blue Owl Capital from $25.00 to $26.00 and gave the stock an "outperform" rating in a research note on Friday, January 17th. TD Cowen raised shares of Blue Owl Capital from a "hold" rating to a "buy" rating and lifted their target price for the stock from $26.00 to $28.00 in a report on Thursday, January 16th. Finally, Cfra Research upgraded shares of Blue Owl Capital to a "moderate buy" rating in a report on Thursday, March 27th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $24.10.

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.