Gilbert & Cook Inc. Purchases 21,849 Shares of Blue Owl Capital Co. (NYSE:OBDC)

Gilbert & Cook Inc. lifted its position in Blue Owl Capital Co. (NYSE:OBDC - Free Report) by 74.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 51,176 shares of the company's stock after acquiring an additional 21,849 shares during the quarter. Gilbert & Cook Inc.'s holdings in Blue Owl Capital were worth $774,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in OBDC. Fifth Third Bancorp increased its position in shares of Blue Owl Capital by 192.2% during the 4th quarter. Fifth Third Bancorp now owns 2,922 shares of the company's stock valued at $44,000 after purchasing an additional 1,922 shares during the last quarter. National Bank of Canada FI increased its holdings in Blue Owl Capital by 144.7% during the third quarter. National Bank of Canada FI now owns 4,160 shares of the company's stock worth $61,000 after buying an additional 2,460 shares during the last quarter. Westend Capital Management LLC raised its position in Blue Owl Capital by 58.8% in the fourth quarter. Westend Capital Management LLC now owns 4,816 shares of the company's stock worth $73,000 after acquiring an additional 1,784 shares during the period. nVerses Capital LLC boosted its stake in Blue Owl Capital by 19.8% in the third quarter. nVerses Capital LLC now owns 9,700 shares of the company's stock valued at $141,000 after acquiring an additional 1,600 shares during the last quarter. Finally, Quad Cities Investment Group LLC bought a new position in shares of Blue Owl Capital during the 3rd quarter valued at approximately $148,000. Hedge funds and other institutional investors own 42.83% of the company's stock.

Blue Owl Capital Stock Performance

Shares of Blue Owl Capital stock traded down $0.04 during trading hours on Monday, reaching $15.08. The company had a trading volume of 2,542,285 shares, compared to its average volume of 2,951,545. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.28 and a quick ratio of 1.28. Blue Owl Capital Co. has a one year low of $13.98 and a one year high of $16.91. The firm has a market cap of $5.88 billion, a PE ratio of 9.38 and a beta of 0.83. The business has a fifty day simple moving average of $15.12 and a 200 day simple moving average of $14.99.

Blue Owl Capital (NYSE:OBDC - Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported $0.47 earnings per share for the quarter, missing analysts' consensus estimates of $0.48 by ($0.01). Blue Owl Capital had a net margin of 38.99% and a return on equity of 12.59%. The company had revenue of $406.03 million for the quarter, compared to analysts' expectations of $399.85 million. During the same period in the previous year, the firm earned $0.49 EPS. On average, analysts anticipate that Blue Owl Capital Co. will post 1.89 earnings per share for the current fiscal year.

Blue Owl Capital Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a $0.37 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $1.48 annualized dividend and a dividend yield of 9.82%. This is a boost from Blue Owl Capital's previous quarterly dividend of $0.06. Blue Owl Capital's dividend payout ratio (DPR) is presently 91.93%.

Analyst Ratings Changes

A number of equities research analysts recently commented on OBDC shares. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $17.00 price target on shares of Blue Owl Capital in a report on Tuesday, November 19th. Wells Fargo & Company boosted their target price on Blue Owl Capital from $14.00 to $14.50 and gave the company an "underweight" rating in a research note on Tuesday, October 29th. Finally, Keefe, Bruyette & Woods reiterated an "underperform" rating and set a $14.00 price target (down previously from $15.50) on shares of Blue Owl Capital in a research note on Thursday, December 12th. Two research analysts have rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $15.92.

About Blue Owl Capital

Blue Owl Capital Corporation is a business development company. It specializes in direct and fund of fund investments. The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and second lien term loans and common equity investments.