Blue Owl Capital (NYSE:OWL) Stock Rating Lowered by The Goldman Sachs Group

Blue Owl Capital (NYSE:OWL - Get Free Report) was downgraded by equities research analysts at The Goldman Sachs Group from a "buy" rating to a "neutral" rating in a note issued to investors on Monday, MarketBeat Ratings reports. They currently have a $24.75 price objective on the stock, down from their previous price objective of $25.00. The Goldman Sachs Group's target price suggests a potential upside of 5.32% from the company's current price.

A number of other equities analysts have also commented on the company. UBS Group lifted their price objective on Blue Owl Capital from $20.00 to $27.00 and gave the stock a "buy" rating in a research note on Tuesday, October 22nd. Evercore ISI raised their price target on shares of Blue Owl Capital from $21.00 to $22.00 and gave the stock an "outperform" rating in a report on Tuesday, October 8th. Wells Fargo & Company upped their price objective on shares of Blue Owl Capital from $23.00 to $25.00 and gave the company an "equal weight" rating in a research note on Thursday, December 12th. 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. Finally, JMP Securities restated a "market outperform" rating and issued a $27.00 target price on shares of Blue Owl Capital in a report on Wednesday, December 4th. Five research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $24.10.

Blue Owl Capital Trading Down 2.2 %

OWL traded down $0.53 during trading on Monday, reaching $23.50. 9,342,713 shares of the company's stock were exchanged, compared to its average volume of 5,798,137. Blue Owl Capital has a one year low of $14.42 and a one year high of $25.03. The firm has a fifty day moving average price of $23.40 and a two-hundred day moving average price of $20.36. The stock has a market capitalization of $35.10 billion, a PE ratio of 138.24, a price-to-earnings-growth ratio of 1.66 and a beta of 1.14.

Blue Owl Capital (NYSE:OWL - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20. The company had revenue of $600.88 million for the quarter, compared to analysts' expectations of $565.93 million. Blue Owl Capital had a net margin of 4.95% and a return on equity of 19.98%. During the same quarter in the previous year, the firm posted $0.16 earnings per share. Sell-side analysts expect that Blue Owl Capital will post 0.78 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Kovitz Investment Group Partners LLC grew its holdings in shares of Blue Owl Capital by 1.4% during 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 last quarter. King Luther Capital Management Corp boosted its stake in 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 purchasing an additional 485 shares during the last quarter. Apollon Wealth Management LLC boosted its stake in Blue Owl Capital by 1.1% during the 3rd quarter. Apollon Wealth Management LLC now owns 52,097 shares of the company's stock valued at $1,009,000 after purchasing an additional 565 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in Blue Owl Capital by 0.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 95,623 shares of the company's stock worth $1,851,000 after purchasing an additional 575 shares in the last quarter. Finally, MAI Capital Management raised its stake in shares of Blue Owl Capital by 0.3% in the third quarter. MAI Capital Management now owns 189,251 shares of the company's stock worth $3,664,000 after purchasing an additional 607 shares during the last quarter. Institutional investors and hedge funds own 35.85% of the company's stock.

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.