Muzinich & Co. Inc. Sells 67,803 Shares of Blue Owl Capital Co. (NYSE:OBDC)

Muzinich & Co. Inc. lessened its holdings in Blue Owl Capital Co. (NYSE:OBDC - Free Report) by 10.7% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 565,151 shares of the company's stock after selling 67,803 shares during the quarter. Blue Owl Capital accounts for approximately 5.4% of Muzinich & Co. Inc.'s investment portfolio, making the stock its 7th biggest position. Muzinich & Co. Inc. owned about 0.14% of Blue Owl Capital worth $8,545,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Atria Wealth Solutions Inc. boosted its position in Blue Owl Capital by 1.1% in the fourth quarter. Atria Wealth Solutions Inc. now owns 65,873 shares of the company's stock valued at $1,014,000 after buying an additional 685 shares in the last quarter. Amplius Wealth Advisors LLC increased its holdings in Blue Owl Capital by 1.8% in the 4th quarter. Amplius Wealth Advisors LLC now owns 40,687 shares of the company's stock worth $615,000 after purchasing an additional 702 shares in the last quarter. Channel Wealth LLC increased its holdings in Blue Owl Capital by 1.9% in the 4th quarter. Channel Wealth LLC now owns 44,500 shares of the company's stock worth $673,000 after purchasing an additional 823 shares in the last quarter. Gilbert & Cook Inc. raised its position in Blue Owl Capital by 3.5% in the third quarter. Gilbert & Cook Inc. now owns 29,327 shares of the company's stock valued at $427,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of Blue Owl Capital by 9.5% during the fourth quarter. Blue Trust Inc. now owns 15,261 shares of the company's stock valued at $222,000 after purchasing an additional 1,321 shares in the last quarter. Institutional investors own 42.83% of the company's stock.

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Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on OBDC. Citizens Jmp upgraded shares of Blue Owl Capital to a "strong-buy" rating in a report on Monday, February 3rd. Royal Bank of Canada reaffirmed an "outperform" rating and set a $17.00 price target on shares of Blue Owl Capital in a research note on Tuesday, November 19th. Keefe, Bruyette & Woods upgraded shares of Blue Owl Capital from a "moderate sell" rating to a "hold" rating in a report on Friday, February 21st. Finally, JMP Securities reaffirmed an "outperform" rating on shares of Blue Owl Capital in a research report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, two have given a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $16.08.

Blue Owl Capital Trading Down 1.0 %

NYSE OBDC traded down $0.16 during mid-day trading on Monday, reaching $15.30. 3,002,956 shares of the stock were exchanged, compared to its average volume of 2,128,401. The stock has a market cap of $7.82 billion, a P/E ratio of 10.00 and a beta of 0.83. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.19 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 stock has a 50 day simple moving average of $15.13 and a 200-day simple moving average of $15.02.

Blue Owl Capital (NYSE:OBDC - Get Free Report) last posted its quarterly earnings data on Wednesday, February 19th. The company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.46 by $0.01. Blue Owl Capital had a return on equity of 12.38% and a net margin of 37.26%. The firm had revenue of $394.39 million during the quarter, compared to analyst estimates of $395.24 million. On average, analysts anticipate that Blue Owl Capital Co. will post 1.71 EPS for the current year.

Blue Owl Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date is Monday, March 31st. Blue Owl Capital's payout ratio is 96.73%.

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.