Stephens Inc. AR Grows Stock Position in Blue Owl Capital Co. (NYSE:OBDC)

Stephens Inc. AR raised its position in Blue Owl Capital Co. (NYSE:OBDC - Free Report) by 3.3% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 3,326,298 shares of the company's stock after purchasing an additional 106,722 shares during the period. Blue Owl Capital comprises approximately 0.7% of Stephens Inc. AR's portfolio, making the stock its 27th biggest holding. Stephens Inc. AR owned 0.85% of Blue Owl Capital worth $50,294,000 at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in OBDC. Fifth Third Bancorp lifted its stake in 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 lifted its position in shares of 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 in the last quarter. Westend Capital Management LLC lifted its position in shares of Blue Owl Capital by 58.8% in the fourth quarter. Westend Capital Management LLC now owns 4,816 shares of the company's stock valued at $73,000 after acquiring an additional 1,784 shares in the last quarter. nVerses Capital LLC boosted its stake in shares of Blue Owl Capital by 19.8% during the third quarter. nVerses Capital LLC now owns 9,700 shares of the company's stock valued at $141,000 after acquiring an additional 1,600 shares during the last quarter. Finally, Quad Cities Investment Group LLC purchased a new stake in Blue Owl Capital during the 3rd quarter worth about $148,000. Hedge funds and other institutional investors own 42.83% of the company's stock.

Blue Owl Capital Trading Up 1.6 %

Shares of NYSE OBDC traded up $0.24 during trading on Wednesday, hitting $15.33. 2,948,035 shares of the company traded hands, compared to its average volume of 2,993,862. Blue Owl Capital Co. has a 1 year low of $13.98 and a 1 year high of $16.91. The firm has a market capitalization of $5.98 billion, a P/E ratio of 9.52 and a beta of 0.83. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.30. The company has a 50-day moving average price of $15.09 and a 200-day moving average price of $14.97.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Royal Bank of Canada restated an "outperform" rating and issued a $17.00 target price on shares of Blue Owl Capital in a report on Tuesday, November 19th. JMP Securities upped their price objective on shares of Blue Owl Capital from $16.50 to $17.00 and gave the company a "market outperform" rating in a research note on Tuesday, February 4th. Citizens Jmp raised shares of Blue Owl Capital to a "strong-buy" rating in a research note on Monday, February 3rd. Wells Fargo & Company boosted their price target on Blue Owl Capital from $14.00 to $14.50 and gave the company an "underweight" rating in a report on Tuesday, October 29th. Finally, Keefe, Bruyette & Woods restated an "underperform" rating and set a $14.00 price objective (down previously from $15.50) on shares of Blue Owl Capital in a report on Thursday, December 12th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat, Blue Owl Capital has an average rating of "Moderate Buy" and an average target price of $16.08.

Blue Owl Capital Profile

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.