Diversified Trust Co Has $1.13 Million Stake in Blue Owl Capital Inc. (NYSE:OWL)

Diversified Trust Co trimmed its position in Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 45.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 48,442 shares of the company's stock after selling 39,779 shares during the quarter. Diversified Trust Co's holdings in Blue Owl Capital were worth $1,127,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. FMR LLC raised its stake in shares of Blue Owl Capital by 29.9% in the 3rd quarter. FMR LLC now owns 35,324,089 shares of the company's stock valued at $683,874,000 after buying an additional 8,138,475 shares in the last quarter. Stone Point Capital LLC acquired a new position in Blue Owl Capital in the second quarter worth about $112,749,000. Point72 Asset Management L.P. lifted its stake in Blue Owl Capital by 69.2% during the second quarter. Point72 Asset Management L.P. now owns 4,114,660 shares of the company's stock worth $73,035,000 after purchasing an additional 1,683,408 shares during the period. JPMorgan Chase & Co. boosted its holdings in Blue Owl Capital by 17.9% during the third quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company's stock valued at $174,829,000 after purchasing an additional 1,372,865 shares in the last quarter. Finally, Point72 Europe London LLP bought a new stake in shares of Blue Owl Capital in the 2nd quarter valued at approximately $21,243,000. 35.85% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on OWL. The Goldman Sachs Group downgraded Blue Owl Capital from a "buy" rating to a "neutral" rating and cut their target price for the stock from $25.00 to $24.75 in a research report on Monday. Oppenheimer lifted their price objective on Blue Owl Capital from $24.00 to $28.00 and gave the company an "outperform" rating in a report on Thursday, December 12th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Blue Owl Capital from $23.00 to $24.00 and gave the stock a "buy" rating in a report on Friday, November 1st. Wells Fargo & Company lifted their price target on shares of Blue Owl Capital from $23.00 to $25.00 and gave the company an "equal weight" rating in a report on Thursday, December 12th. Finally, Evercore ISI upped their price objective 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. Five analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $24.10.

Blue Owl Capital Stock Up 2.6 %

Shares of Blue Owl Capital stock traded up $0.59 during trading on Thursday, reaching $23.23. 5,221,467 shares of the company were exchanged, compared to its average volume of 6,097,053. The business has a 50-day moving average price of $23.41 and a 200-day moving average price of $20.44. The firm has a market capitalization of $34.69 billion, a price-to-earnings ratio of 136.66, a P/E/G ratio of 1.66 and a beta of 1.14. Blue Owl Capital Inc. has a twelve month low of $14.42 and a twelve month high of $25.03.

Blue Owl Capital (NYSE:OWL - Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. The company had revenue of $600.88 million during the quarter, compared to analyst estimates of $565.93 million. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. During the same period in the previous year, the company earned $0.16 EPS. On average, equities research analysts forecast that Blue Owl Capital Inc. will post 0.78 EPS for the current fiscal year.

Blue Owl Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 11th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 3.10%. The ex-dividend date was Monday, November 11th. Blue Owl Capital's payout ratio is presently 423.53%.

Blue Owl Capital Company 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.