Ibex Wealth Advisors Boosts Stock Position in Blue Owl Capital Inc. (NYSE:OWL)

Ibex Wealth Advisors grew its stake in Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 348.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 516,521 shares of the company's stock after purchasing an additional 401,245 shares during the period. Blue Owl Capital makes up approximately 1.4% of Ibex Wealth Advisors' holdings, making the stock its 16th largest holding. Ibex Wealth Advisors' holdings in Blue Owl Capital were worth $12,014,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. ORG Wealth Partners LLC bought a new stake in Blue Owl Capital during the 3rd quarter worth about $32,000. Versant Capital Management Inc grew its position in Blue Owl Capital by 136.2% in 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 in the last quarter. Blue Trust Inc. lifted its stake in shares of Blue Owl Capital by 182.2% during the 4th quarter. Blue Trust Inc. now owns 2,029 shares of the company's stock worth $47,000 after buying an additional 1,310 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Blue Owl Capital in the 3rd quarter valued at $138,000. Finally, Signaturefd LLC increased its holdings in shares of Blue Owl Capital by 19.3% during the third quarter. Signaturefd LLC now owns 9,137 shares of the company's stock worth $177,000 after purchasing an additional 1,476 shares during the period. 35.85% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have commented on the stock. UBS Group raised their target price on shares of Blue Owl Capital from $20.00 to $27.00 and gave the company a "buy" rating in a report on Tuesday, October 22nd. Keefe, Bruyette & Woods lifted their price target on Blue Owl Capital from $22.00 to $26.00 and gave the company a "market perform" rating in a research note on Friday, December 20th. The Goldman Sachs Group downgraded Blue Owl Capital from a "buy" rating to a "neutral" rating and dropped their price objective for the stock from $25.00 to $24.75 in a research report on Monday, January 6th. Oppenheimer boosted their target price on Blue Owl Capital from $24.00 to $28.00 and gave the stock an "outperform" rating in a research note on Thursday, December 12th. Finally, TD Cowen upgraded shares of Blue Owl Capital from a "hold" rating to a "buy" rating and raised their price target for the company from $26.00 to $28.00 in a research note on Thursday, January 16th. Four investment 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.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $25.85.

Blue Owl Capital Stock Performance

Shares of NYSE:OWL traded up $0.19 during mid-day trading on Thursday, reaching $25.83. 2,991,679 shares of the company's stock were exchanged, compared to its average volume of 6,535,480. The firm has a market capitalization of $38.57 billion, a price-to-earnings ratio of 151.92, a PEG ratio of 1.39 and a beta of 1.14. Blue Owl Capital Inc. has a twelve month low of $15.18 and a twelve month high of $26.73. The business's fifty day moving average price is $23.92 and its 200-day moving average price is $21.13.

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 analysts' consensus estimates of $0.20. The firm had revenue of $600.88 million for 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 quarter in the previous year, the company posted $0.16 EPS. Analysts predict that Blue Owl Capital Inc. will post 0.78 EPS for the current fiscal year.

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.