Blue Owl Capital (NYSE:OWL - Get Free Report) had its price target hoisted by investment analysts at Piper Sandler from $25.00 to $27.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage presently has an "overweight" rating on the stock. Piper Sandler's target price would suggest a potential upside of 14.16% from the company's current price.
OWL has been the topic of a number of other research reports. Wells Fargo & Company raised their price target on Blue Owl Capital from $23.00 to $25.00 and gave the stock an "equal weight" rating in a report on Thursday, December 12th. UBS Group boosted their target price on Blue Owl Capital from $20.00 to $27.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. JMP Securities reaffirmed a "market outperform" rating and set a $27.00 price target on shares of Blue Owl Capital in a report on Wednesday, December 4th. Oppenheimer boosted their price objective on shares of 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, Evercore ISI raised their target price on shares of Blue Owl Capital from $21.00 to $22.00 and gave the stock an "outperform" rating in a research note on Tuesday, October 8th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $23.73.
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Blue Owl Capital Stock Performance
NYSE OWL traded up $0.16 on Monday, reaching $23.65. The stock had a trading volume of 4,539,244 shares, compared to its average volume of 5,561,715. The stock has a market cap of $35.32 billion, a P/E ratio of 139.13, a price-to-earnings-growth ratio of 1.66 and a beta of 1.14. Blue Owl Capital has a 12-month low of $14.37 and a 12-month high of $25.03. The business's 50-day moving average price is $23.24 and its 200 day moving average price is $19.87.
Blue Owl Capital (NYSE:OWL - Get Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.20 EPS for the quarter, meeting 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 firm had revenue of $600.88 million during the quarter, compared to the consensus estimate of $565.93 million. During the same quarter in the prior year, the firm earned $0.16 EPS. On average, sell-side analysts predict that Blue Owl Capital will post 0.78 earnings per share for the current year.
Institutional Investors Weigh In On Blue Owl Capital
A number of institutional investors and hedge funds have recently modified their holdings of OWL. ORG Wealth Partners LLC purchased a new stake in Blue Owl Capital during the third quarter worth $32,000. Rothschild Investment LLC acquired a new position in shares of Blue Owl Capital during the 2nd quarter worth $45,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Blue Owl Capital in the 3rd quarter worth about $138,000. Signaturefd LLC increased its holdings in Blue Owl Capital by 19.3% during the 3rd quarter. Signaturefd LLC now owns 9,137 shares of the company's stock valued at $177,000 after acquiring an additional 1,476 shares in the last quarter. Finally, Chiron Investment Management LLC acquired a new position in Blue Owl Capital during the third quarter worth about $196,000. Institutional investors and hedge funds own 35.85% of the company's stock.
About Blue Owl Capital
(
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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.
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