Blue Owl Capital Inc. (NYSE:OWL) Shares Purchased by Joel Isaacson & Co. LLC

Joel Isaacson & Co. LLC boosted its position in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 68.3% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 43,433 shares of the company's stock after acquiring an additional 17,629 shares during the quarter. Joel Isaacson & Co. LLC's holdings in Blue Owl Capital were worth $1,010,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in OWL. Kovitz Investment Group Partners LLC lifted its stake in shares of Blue Owl Capital by 1.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 32,852 shares of the company's stock valued at $622,000 after purchasing an additional 443 shares during the period. Miracle Mile Advisors LLC boosted its holdings in shares of Blue Owl Capital by 4.1% during the 4th quarter. Miracle Mile Advisors LLC now owns 12,289 shares of the company's stock worth $286,000 after purchasing an additional 479 shares during the last quarter. King Luther Capital Management Corp grew its holdings in shares of Blue Owl Capital by 0.6% in the third quarter. King Luther Capital Management Corp now owns 79,919 shares of the company's stock valued at $1,547,000 after purchasing an additional 485 shares during the period. Apollon Wealth Management LLC increased its position in Blue Owl Capital by 1.1% during the third quarter. Apollon Wealth Management LLC now owns 52,097 shares of the company's stock worth $1,009,000 after purchasing an additional 565 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in Blue Owl Capital by 0.6% during the third quarter. PNC Financial Services Group Inc. now owns 95,623 shares of the company's stock worth $1,851,000 after purchasing an additional 575 shares during the last quarter. Hedge funds and other institutional investors own 35.85% of the company's stock.

Blue Owl Capital Stock Performance

Blue Owl Capital stock traded down $0.23 during trading hours on Wednesday, reaching $23.33. 4,231,331 shares of the stock were exchanged, compared to its average volume of 6,530,708. Blue Owl Capital Inc. has a 52-week low of $15.18 and a 52-week high of $26.73. The stock has a market cap of $34.84 billion, a P/E ratio of 137.24, a P/E/G ratio of 1.34 and a beta of 1.15. The firm's 50 day moving average is $24.07 and its 200 day moving average is $21.50.

Blue Owl Capital (NYSE:OWL - Get Free Report) last announced its quarterly earnings data 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%. Equities research analysts expect that Blue Owl Capital Inc. will post 0.92 EPS for the current fiscal year.

Blue Owl Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Wednesday, February 19th will be paid a $0.18 dividend. The ex-dividend date is Wednesday, February 19th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.09%. Blue Owl Capital's dividend payout ratio (DPR) is presently 423.53%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. Wells Fargo & Company dropped their price target on shares of Blue Owl Capital from $25.00 to $24.00 and set an "equal weight" rating for the company in a research note on Tuesday, January 14th. Citigroup reissued a "buy" rating and set a $30.00 price objective on shares of Blue Owl Capital in a research report on Thursday, January 23rd. UBS Group upped their target price on shares of Blue Owl Capital from $20.00 to $27.00 and gave the company a "buy" rating in a research report on Tuesday, October 22nd. TD Cowen upgraded shares of Blue Owl Capital from a "hold" rating to a "buy" rating and lifted their price target for the company from $26.00 to $28.00 in a research report on Thursday, January 16th. Finally, Evercore ISI upped their price objective on shares of Blue Owl Capital from $25.00 to $26.00 and gave the stock an "outperform" rating in a report on Friday, January 17th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $26.27.

Blue Owl Capital 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.