Blue Owl Capital Inc. (NYSE:OWL) Given Consensus Rating of "Moderate Buy" by Analysts

Shares of Blue Owl Capital Inc. (NYSE:OWL - Get Free Report) have received a consensus rating of "Moderate Buy" from the twelve research firms that are currently covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and eight have issued a buy rating on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $22.31.

Several equities analysts have issued reports on the company. UBS Group boosted their target price on Blue Owl Capital from $20.00 to $27.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. Wells Fargo & Company increased their price objective on Blue Owl Capital from $18.50 to $21.00 and gave the stock an "equal weight" rating in a research report on Wednesday, October 9th. Oppenheimer lifted their price target on shares of Blue Owl Capital from $21.00 to $24.00 and gave the company an "outperform" rating in a research report on Wednesday, October 16th. Deutsche Bank Aktiengesellschaft upped their price target on Blue Owl Capital from $23.00 to $24.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Finally, Evercore ISI lifted their price objective on Blue Owl Capital from $21.00 to $22.00 and gave the stock an "outperform" rating in a report on Tuesday, October 8th.

Institutional Trading of Blue Owl Capital

Institutional investors have recently made changes to their positions in the stock. Kovitz Investment Group Partners LLC raised its holdings in Blue Owl Capital by 1.4% in the third quarter. Kovitz Investment Group Partners LLC now owns 32,852 shares of the company's stock valued at $622,000 after buying an additional 443 shares during the period. King Luther Capital Management Corp lifted its holdings in shares of Blue Owl Capital by 0.6% during the 3rd quarter. King Luther Capital Management Corp now owns 79,919 shares of the company's stock valued at $1,547,000 after acquiring an additional 485 shares in the last quarter. Apollon Wealth Management LLC boosted its position in Blue Owl Capital by 1.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 52,097 shares of the company's stock valued at $1,009,000 after buying an additional 565 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in shares of Blue Owl Capital by 0.6% in the third quarter. PNC Financial Services Group Inc. now owns 95,623 shares of the company's stock worth $1,851,000 after acquiring an additional 575 shares in the last quarter. Finally, MAI Capital Management grew its stake in Blue Owl Capital by 0.3% during the 3rd quarter. MAI Capital Management now owns 189,251 shares of the company's stock valued at $3,664,000 after purchasing an additional 607 shares in the last quarter. 35.85% of the stock is owned by hedge funds and other institutional investors.

Blue Owl Capital Price Performance

Shares of NYSE:OWL traded down $0.16 during trading on Monday, reaching $24.39. The company had a trading volume of 9,185,154 shares, compared to its average volume of 5,455,915. The stock's fifty day moving average price is $21.55 and its 200 day moving average price is $19.15. Blue Owl Capital has a fifty-two week low of $13.01 and a fifty-two week high of $25.03. The firm has a market capitalization of $36.43 billion, a price-to-earnings ratio of 144.42, a price-to-earnings-growth ratio of 1.64 and a beta of 1.14.

Blue Owl Capital (NYSE:OWL - Get Free Report) last released its earnings results on Thursday, October 31st. The company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. Blue Owl Capital had a net margin of 4.95% and a return on equity of 19.98%. The company had revenue of $600.88 million during the quarter, compared to analysts' expectations of $565.93 million. During the same quarter last year, the business earned $0.16 EPS. On average, equities analysts anticipate that Blue Owl Capital will post 0.78 EPS for the current fiscal year.

Blue Owl Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 11th were paid a $0.18 dividend. The ex-dividend date of this dividend was Monday, November 11th. This represents a $0.72 annualized dividend and a yield of 2.95%. Blue Owl Capital's payout ratio is currently 423.55%.

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.