Blue Owl Capital Inc. (NYSE:OWL) Receives Consensus Rating of "Moderate Buy" from Brokerages

Blue Owl Capital Inc. (NYSE:OWL - Get Free Report) has been given an average recommendation of "Moderate Buy" by the twelve analysts that are currently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $26.27.

OWL has been the topic of a number of research reports. Citigroup restated a "buy" rating and issued a $30.00 price objective on shares of Blue Owl Capital in a report on Thursday, January 23rd. Evercore ISI lifted their price target on shares of Blue Owl Capital from $25.00 to $26.00 and gave the company an "outperform" rating in a research report on Friday, January 17th. TD Cowen upgraded shares of Blue Owl Capital from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $26.00 to $28.00 in a research note on Thursday, January 16th. Wells Fargo & Company cut their target price on shares of Blue Owl Capital from $25.00 to $24.00 and set an "equal weight" rating on the stock in a research note on Tuesday, January 14th. Finally, Oppenheimer upped their price target on shares of Blue Owl Capital from $24.00 to $28.00 and gave the stock an "outperform" rating in a research report on Thursday, December 12th.

Hedge Funds Weigh In On Blue Owl Capital

A number of institutional investors have recently made changes to their positions in OWL. Rakuten Securities Inc. bought a new stake in shares of Blue Owl Capital in the fourth quarter worth $27,000. ORG Wealth Partners LLC acquired a new position in Blue Owl Capital during the 3rd quarter worth $32,000. Allworth Financial LP increased its position in shares of Blue Owl Capital by 43.3% in the 4th quarter. Allworth Financial LP now owns 1,416 shares of the company's stock worth $36,000 after purchasing an additional 428 shares during the last quarter. Jones Financial Companies Lllp raised its stake in shares of Blue Owl Capital by 232.7% in the 4th quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company's stock valued at $44,000 after purchasing an additional 1,315 shares in the last quarter. Finally, Versant Capital Management Inc raised its stake in shares of Blue Owl Capital by 136.2% in the 4th quarter. Versant Capital Management Inc now owns 1,925 shares of the company's stock valued at $45,000 after purchasing an additional 1,110 shares in the last quarter. 35.85% of the stock is owned by institutional investors and hedge funds.

Blue Owl Capital Stock Down 0.7 %

Shares of OWL traded down $0.18 during mid-day trading on Friday, hitting $23.57. The company had a trading volume of 7,073,702 shares, compared to its average volume of 6,615,867. Blue Owl Capital has a 1-year low of $15.18 and a 1-year high of $26.73. The business's 50-day simple moving average is $24.07 and its 200-day simple moving average is $21.50. The stock has a market cap of $35.21 billion, a PE ratio of 138.68, a P/E/G ratio of 1.34 and a beta of 1.15.

Blue Owl Capital (NYSE:OWL - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. Blue Owl Capital had a net margin of 4.77% and a return on equity of 20.82%. On average, sell-side analysts expect that Blue Owl Capital will post 0.92 earnings per share for the current year.

Blue Owl Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th will be paid a dividend of $0.18 per share. The ex-dividend date of this dividend is Wednesday, February 19th. This represents a $0.72 dividend on an annualized basis and a yield of 3.05%. Blue Owl Capital's dividend payout ratio (DPR) is presently 423.55%.

About Blue Owl Capital

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.