Blue Owl Capital Inc. (NYSE:OWL) Shares Bought by Capital International Sarl

Capital International Sarl increased its stake in Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 35.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 60,303 shares of the company's stock after purchasing an additional 15,737 shares during the period. Capital International Sarl's holdings in Blue Owl Capital were worth $1,403,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in OWL. Barclays PLC boosted its position in Blue Owl Capital by 13.7% during the third quarter. Barclays PLC now owns 1,571,806 shares of the company's stock valued at $30,430,000 after buying an additional 189,082 shares during the period. Sanctuary Advisors LLC grew its holdings in shares of Blue Owl Capital by 37.7% during the 3rd quarter. Sanctuary Advisors LLC now owns 75,869 shares of the company's stock worth $1,469,000 after acquiring an additional 20,774 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in Blue Owl Capital during the third quarter valued at $138,000. Franklin Resources Inc. grew its holdings in Blue Owl Capital by 12.4% in the third quarter. Franklin Resources Inc. now owns 2,818,874 shares of the company's stock worth $54,573,000 after purchasing an additional 311,385 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Blue Owl Capital by 17.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company's stock valued at $174,829,000 after buying an additional 1,372,865 shares in the last quarter. Hedge funds and other institutional investors own 35.85% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. TD Cowen upgraded 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 note on Thursday, January 16th. Citigroup dropped their target price on shares of Blue Owl Capital from $30.00 to $23.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. Wells Fargo & Company lowered their price target on Blue Owl Capital from $22.00 to $19.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. Piper Sandler dropped their price objective on shares of Blue Owl Capital from $27.00 to $21.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. Finally, JMP Securities cut their target price on shares of Blue Owl Capital from $32.00 to $28.00 and set a "market outperform" rating for the company in a report on Tuesday, April 8th. Four equities research analysts have rated the stock with a hold rating and nine have given 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 target price of $23.79.

Blue Owl Capital Trading Up 5.8 %

OWL stock traded up $1.03 during trading on Thursday, reaching $18.70. 4,097,863 shares of the stock were exchanged, compared to its average volume of 6,665,061. The business has a 50 day moving average price of $19.56 and a 200-day moving average price of $22.13. The firm has a market capitalization of $28.76 billion, a price-to-earnings ratio of 110.09, a P/E/G ratio of 1.23 and a beta of 1.20. Blue Owl Capital Inc. has a 1 year low of $14.55 and a 1 year high of $26.73.

Blue Owl Capital (NYSE:OWL - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $0.21 EPS 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%. On average, research analysts anticipate that Blue Owl Capital Inc. will post 0.92 EPS for the current year.

Blue Owl Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 19th were paid a $0.18 dividend. The ex-dividend date was Wednesday, February 19th. This represents a $0.72 dividend on an annualized basis and a yield of 3.85%. Blue Owl Capital's dividend payout ratio is currently 423.53%.

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.