Fox Run Management L.L.C. Raises Holdings in Blue Owl Capital Co. (NYSE:OBDC)

Fox Run Management L.L.C. boosted its position in Blue Owl Capital Co. (NYSE:OBDC - Free Report) by 195.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,717 shares of the company's stock after buying an additional 38,822 shares during the quarter. Fox Run Management L.L.C.'s holdings in Blue Owl Capital were worth $888,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of OBDC. Stephens Inc. AR boosted its stake in shares of Blue Owl Capital by 3.3% in the 4th quarter. Stephens Inc. AR now owns 3,326,298 shares of the company's stock valued at $50,294,000 after purchasing an additional 106,722 shares in the last quarter. Sound Income Strategies LLC boosted its position in Blue Owl Capital by 6.4% during the fourth quarter. Sound Income Strategies LLC now owns 3,024,260 shares of the company's stock valued at $45,727,000 after buying an additional 182,002 shares during the period. Generali Asset Management SPA SGR bought a new position in shares of Blue Owl Capital during the fourth quarter valued at about $34,103,000. Sage Advisors LLC increased its holdings in shares of Blue Owl Capital by 3.9% in the fourth quarter. Sage Advisors LLC now owns 2,075,330 shares of the company's stock worth $31,379,000 after buying an additional 78,403 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Blue Owl Capital in the 4th quarter valued at about $28,434,000. 42.83% of the stock is currently owned by institutional investors.

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Blue Owl Capital Trading Up 0.3 %

Shares of NYSE:OBDC traded up $0.05 on Thursday, hitting $15.29. The company had a trading volume of 3,024,735 shares, compared to its average volume of 2,310,128. Blue Owl Capital Co. has a 1 year low of $13.98 and a 1 year high of $16.91. The company has a quick ratio of 1.28, a current ratio of 1.19 and a debt-to-equity ratio of 1.25. The firm's 50-day simple moving average is $15.05 and its two-hundred day simple moving average is $15.02. The firm has a market capitalization of $7.81 billion, a price-to-earnings ratio of 9.99 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%. Equities analysts anticipate that Blue Owl Capital Co. will post 1.71 earnings per share for the current fiscal year.

Blue Owl Capital Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.20 annualized dividend and a dividend yield of 1.31%. Blue Owl Capital's payout ratio is 96.73%.

Wall Street Analyst Weigh In

OBDC has been the topic of a number of analyst reports. Keefe, Bruyette & Woods raised Blue Owl Capital from a "moderate sell" rating to a "hold" rating in a research note on Friday, February 21st. Wells Fargo & Company upgraded shares of Blue Owl Capital from an "underweight" rating to an "equal weight" rating and upped their price target for the company from $14.00 to $15.00 in a report on Monday, March 17th. Citizens Jmp raised shares of Blue Owl Capital to a "strong-buy" rating in a research report on Monday, February 3rd. Finally, JMP Securities restated an "outperform" rating on shares of Blue Owl Capital in a research report on Tuesday, February 4th. Three research analysts have rated the stock with a hold rating, four have given a buy rating and two have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $16.17.

Insider Transactions at Blue Owl Capital

In related news, Director Chris Temple purchased 15,000 shares of the stock in a transaction dated Thursday, March 6th. The stock was purchased at an average price of $14.80 per share, with a total value of $222,000.00. Following the transaction, the director now directly owns 51,000 shares in the company, valued at $754,800. This trade represents a 41.67 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.12% of the company's stock.

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.