Brokerages Set Blue Owl Capital Inc. (NYSE:OWL) Price Target at $26.33

Blue Owl Capital Inc. (NYSE:OWL - Get Free Report) has received an average rating of "Moderate Buy" from the thirteen ratings firms that are covering the firm, MarketBeat reports. Four research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $26.33.

A number of brokerages recently weighed in on OWL. Piper Sandler increased their price objective on shares of Blue Owl Capital from $25.00 to $27.00 and gave the company an "overweight" rating in a research report on Monday, December 23rd. TD Cowen raised Blue Owl Capital from a "hold" rating to a "buy" rating and lifted their price objective for the company from $26.00 to $28.00 in a research report on Thursday, January 16th. The Goldman Sachs Group lowered shares of Blue Owl Capital from a "buy" rating to a "neutral" rating and reduced their target price for the stock from $25.00 to $24.75 in a report on Monday, January 6th. Cfra Research raised shares of Blue Owl Capital to a "moderate buy" rating in a report on Thursday, March 27th. Finally, Oppenheimer increased their price objective on shares of Blue Owl Capital from $24.00 to $28.00 and gave the stock an "outperform" rating in a research note on Thursday, December 12th.

Institutional Investors Weigh In On Blue Owl Capital

Several large investors have recently made changes to their positions in the company. MassMutual Private Wealth & Trust FSB grew its holdings in Blue Owl Capital by 380.4% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,326 shares of the company's stock valued at $27,000 after buying an additional 1,050 shares in the last quarter. California State Teachers Retirement System boosted its position in shares of Blue Owl Capital by 11.6% during the 4th quarter. California State Teachers Retirement System now owns 497,636 shares of the company's stock valued at $11,575,000 after acquiring an additional 51,782 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in shares of Blue Owl Capital in the fourth quarter valued at $235,000. Vise Technologies Inc. increased its position in Blue Owl Capital by 4.6% in the fourth quarter. Vise Technologies Inc. now owns 10,947 shares of the company's stock worth $255,000 after purchasing an additional 478 shares during the last quarter. Finally, JT Stratford LLC purchased a new position in shares of Blue Owl Capital in the 4th quarter worth $271,000. 35.85% of the stock is owned by institutional investors.

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Blue Owl Capital Stock Down 13.7 %

Shares of Blue Owl Capital stock traded down $2.89 on Friday, reaching $18.27. The company's stock had a trading volume of 3,251,434 shares, compared to its average volume of 6,090,433. The company has a market capitalization of $28.10 billion, a price-to-earnings ratio of 107.48, a P/E/G ratio of 1.23 and a beta of 1.19. Blue Owl Capital has a 52 week low of $15.18 and a 52 week high of $26.73. The firm's fifty day simple moving average is $22.20 and its two-hundred day simple moving average is $22.42.

Blue Owl Capital (NYSE:OWL - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.21 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, research analysts predict that Blue Owl Capital will post 0.92 EPS for the current year.

Blue Owl Capital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 3.94%. The ex-dividend date was Wednesday, February 19th. Blue Owl Capital's payout ratio is currently 423.53%.

Blue Owl Capital Company Profile

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.