KBC Group NV Has $3.72 Million Position in Blue Owl Capital Inc. (NYSE:OWL)

KBC Group NV increased its position in Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 1,086.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 159,982 shares of the company's stock after acquiring an additional 146,495 shares during the period. KBC Group NV's holdings in Blue Owl Capital were worth $3,721,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of OWL. ORG Wealth Partners LLC acquired a new position in Blue Owl Capital during the 3rd quarter worth $32,000. Versant Capital Management Inc raised its stake in shares of Blue Owl Capital by 136.2% during the fourth 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. Blue Trust Inc. lifted its holdings in Blue Owl Capital by 182.2% in the fourth quarter. Blue Trust Inc. now owns 2,029 shares of the company's stock worth $47,000 after purchasing an additional 1,310 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Blue Owl Capital in the 3rd quarter valued at about $138,000. Finally, Wedmont Private Capital acquired a new position in Blue Owl Capital during the 4th quarter valued at about $204,000. 35.85% of the stock is currently owned by institutional investors.

Blue Owl Capital Trading Down 2.9 %

Shares of OWL traded down $0.74 during midday trading on Tuesday, hitting $24.70. The stock had a trading volume of 8,021,196 shares, compared to its average volume of 6,440,463. The business has a 50-day simple moving average of $24.01 and a two-hundred day simple moving average of $21.34. The firm has a market cap of $36.88 billion, a P/E ratio of 145.27, a price-to-earnings-growth ratio of 1.41 and a beta of 1.15. Blue Owl Capital Inc. has a fifty-two week low of $15.18 and a fifty-two week high of $26.73.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. TD Cowen upgraded shares of Blue Owl Capital from a "hold" rating to a "buy" rating and increased their price objective for the company from $26.00 to $28.00 in a report on Thursday, January 16th. Evercore ISI lifted their price target on Blue Owl Capital from $25.00 to $26.00 and gave the company an "outperform" rating in a research report on Friday, January 17th. JMP Securities restated a "market outperform" rating and issued a $27.00 price objective on shares of Blue Owl Capital in a report on Wednesday, December 4th. 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 note on Thursday, December 12th. Finally, UBS Group boosted their price target on shares of Blue Owl Capital from $20.00 to $27.00 and gave the stock a "buy" rating in a research report on Tuesday, October 22nd. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $25.85.

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.