Blue Owl Capital Inc. (NYSE:OWL) Shares Bought by Freedom Day Solutions LLC

Freedom Day Solutions LLC increased its holdings in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 18.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 102,640 shares of the company's stock after acquiring an additional 16,115 shares during the quarter. Freedom Day Solutions LLC's holdings in Blue Owl Capital were worth $2,387,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allworth Financial LP boosted its position in Blue Owl Capital by 43.3% during the fourth quarter. Allworth Financial LP now owns 1,416 shares of the company's stock worth $36,000 after acquiring an additional 428 shares during the last quarter. Principal Securities Inc. boosted its position in Blue Owl Capital by 30.6% during the fourth quarter. Principal Securities Inc. now owns 1,921 shares of the company's stock worth $45,000 after acquiring an additional 450 shares during the last quarter. Versant Capital Management Inc boosted its position in Blue Owl Capital by 136.2% during the fourth quarter. Versant Capital Management Inc now owns 1,925 shares of the company's stock worth $45,000 after acquiring an additional 1,110 shares during the last quarter. Blue Trust Inc. boosted its position in Blue Owl Capital by 182.2% during the fourth quarter. Blue Trust Inc. now owns 2,029 shares of the company's stock worth $47,000 after acquiring an additional 1,310 shares during the last quarter. Finally, Copeland Capital Management LLC acquired a new position in Blue Owl Capital during the fourth quarter worth about $103,000. 35.85% of the stock is currently owned by institutional investors and hedge funds.

Blue Owl Capital Stock Performance

Shares of Blue Owl Capital stock traded down $1.02 on Friday, reaching $22.08. The company had a trading volume of 6,746,336 shares, compared to its average volume of 5,206,568. The firm has a market cap of $32.97 billion, a PE ratio of 129.87, a PEG ratio of 1.23 and a beta of 1.15. The firm's 50 day moving average price is $24.01 and its two-hundred day moving average price is $21.76. Blue Owl Capital Inc. has a 52-week low of $15.18 and a 52-week high of $26.73.

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 for the quarter, meeting analysts' consensus estimates of $0.21. Blue Owl Capital had a net margin of 4.77% and a return on equity of 20.82%. As a group, sell-side analysts predict that Blue Owl Capital Inc. will post 0.92 EPS for the current year.

Blue Owl Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 3.26%. The ex-dividend date is Wednesday, February 19th. Blue Owl Capital's dividend payout ratio (DPR) is presently 423.55%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on OWL shares. TD Cowen upgraded shares of Blue Owl Capital from a "hold" rating to a "buy" rating and boosted their price target for the stock from $26.00 to $28.00 in a research report on Thursday, January 16th. JMP Securities reaffirmed a "market outperform" rating and set a $32.00 target price (up from $30.00) on shares of Blue Owl Capital in a research note on Friday, February 7th. Oppenheimer lifted their target price 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. Evercore ISI lifted their target price on shares of Blue Owl Capital from $25.00 to $26.00 and gave the stock an "outperform" rating in a research note on Friday, January 17th. Finally, The Goldman Sachs Group downgraded 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 research note on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Blue Owl Capital has an average rating of "Moderate Buy" and a consensus target price of $26.27.

Blue Owl Capital 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.