Swiss National Bank Purchases 133,900 Shares of Blue Owl Capital Inc. (NYSE:OWL)

Swiss National Bank lifted its stake in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 14.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,048,400 shares of the company's stock after buying an additional 133,900 shares during the period. Swiss National Bank owned about 0.07% of Blue Owl Capital worth $24,386,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of OWL. FMR LLC grew its stake in shares of Blue Owl Capital by 29.9% in the 3rd quarter. FMR LLC now owns 35,324,089 shares of the company's stock worth $683,874,000 after acquiring an additional 8,138,475 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Blue Owl Capital by 17.9% during the third quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company's stock worth $174,829,000 after purchasing an additional 1,372,865 shares during the last quarter. State Street Corp increased its stake in Blue Owl Capital by 5.6% in the 3rd quarter. State Street Corp now owns 8,452,073 shares of the company's stock valued at $163,632,000 after buying an additional 449,066 shares during the last quarter. Geode Capital Management LLC increased its stake in Blue Owl Capital by 14.2% in the 3rd quarter. Geode Capital Management LLC now owns 8,152,157 shares of the company's stock valued at $157,870,000 after buying an additional 1,016,505 shares during the last quarter. Finally, Westfield Capital Management Co. LP lifted its position in shares of Blue Owl Capital by 4.6% during the 3rd quarter. Westfield Capital Management Co. LP now owns 6,736,287 shares of the company's stock worth $130,415,000 after buying an additional 293,221 shares in the last quarter. Institutional investors own 35.85% of the company's stock.

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Blue Owl Capital Stock Performance

Blue Owl Capital stock traded up $0.05 during mid-day trading on Friday, reaching $20.69. The company's stock had a trading volume of 11,323,039 shares, compared to its average volume of 5,915,961. The firm's fifty day moving average price is $22.71 and its two-hundred day moving average price is $22.13. Blue Owl Capital Inc. has a 12-month low of $15.18 and a 12-month high of $26.73. The company has a market capitalization of $31.81 billion, a P/E ratio of 121.68, a PEG ratio of 1.23 and a beta of 1.19.

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

Blue Owl Capital Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 3.48%. The ex-dividend date of this dividend was Wednesday, February 19th. Blue Owl Capital's dividend payout ratio is presently 423.53%.

Analyst Ratings Changes

OWL has been the subject of a number of research analyst reports. The Goldman Sachs Group downgraded Blue Owl Capital from a "buy" rating to a "neutral" rating and decreased their price target for the company from $25.00 to $24.75 in a research report on Monday, January 6th. Oppenheimer raised their target price on Blue Owl Capital from $24.00 to $28.00 and gave the company an "outperform" rating in a research report on Thursday, December 12th. Keefe, Bruyette & Woods boosted their price target on shares of Blue Owl Capital from $22.00 to $26.00 and gave the stock a "market perform" rating in a report on Friday, December 20th. JMP Securities restated a "market outperform" rating and set a $32.00 price target (up previously from $30.00) on shares of Blue Owl Capital in a research report on Friday, February 7th. Finally, Wells Fargo & Company dropped their target price on shares of Blue Owl Capital from $24.00 to $22.00 and set an "equal weight" rating on the stock in a research note on Thursday. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $26.33.

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.