Chicago Partners Investment Group LLC lifted its stake in Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 23.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 468,422 shares of the company's stock after purchasing an additional 87,975 shares during the quarter. Chicago Partners Investment Group LLC's holdings in Blue Owl Capital were worth $10,886,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also made changes to their positions in OWL. ORG Wealth Partners LLC bought a new stake in shares of Blue Owl Capital during the 3rd quarter worth about $32,000. Versant Capital Management Inc grew its holdings 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 valued at $45,000 after purchasing an additional 1,110 shares during the last quarter. Blue Trust Inc. raised its position in shares of Blue Owl Capital by 182.2% in the fourth quarter. Blue Trust Inc. now owns 2,029 shares of the company's stock valued at $47,000 after purchasing an additional 1,310 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Blue Owl Capital in the third quarter worth $138,000. Finally, Signaturefd LLC boosted its holdings in shares of Blue Owl Capital by 19.3% during the 3rd quarter. Signaturefd LLC now owns 9,137 shares of the company's stock worth $177,000 after buying an additional 1,476 shares during the period. 35.85% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
A number of research analysts have weighed in on OWL shares. UBS Group boosted their target price 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. Wells Fargo & Company cut their price target on Blue Owl Capital from $25.00 to $24.00 and set an "equal weight" rating for the company in a report on Tuesday, January 14th. The Goldman Sachs Group downgraded shares of Blue Owl Capital from a "buy" rating to a "neutral" rating and lowered their price objective for the stock from $25.00 to $24.75 in a research note on Monday, January 6th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Blue Owl Capital from $23.00 to $24.00 and gave the company a "buy" rating in a research note on Friday, November 1st. Finally, Piper Sandler raised their price target on shares of Blue Owl Capital from $25.00 to $27.00 and gave the stock an "overweight" rating in a research report on Monday, December 23rd. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, Blue Owl Capital has a consensus rating of "Moderate Buy" and an average target price of $25.85.
View Our Latest Report on OWL
Blue Owl Capital Stock Performance
Shares of NYSE:OWL traded down $0.01 on Wednesday, hitting $24.64. The stock had a trading volume of 4,009,361 shares, compared to its average volume of 6,322,140. The company has a market capitalization of $36.79 billion, a price-to-earnings ratio of 144.90, a price-to-earnings-growth ratio of 1.41 and a beta of 1.15. The firm's 50 day moving average price is $24.01 and its 200-day moving average price is $21.34. Blue Owl Capital Inc. has a twelve month low of $15.18 and a twelve month high of $26.73.
About Blue Owl Capital
(
Free Report)
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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