Natixis Advisors LLC Boosts Stake in Blue Owl Capital Inc. (NYSE:OWL)

Natixis Advisors LLC boosted its holdings in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 30.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 322,270 shares of the company's stock after acquiring an additional 75,392 shares during the period. Natixis Advisors LLC's holdings in Blue Owl Capital were worth $7,496,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. FMR LLC grew its holdings in 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. JPMorgan Chase & Co. grew its holdings in shares of Blue Owl Capital by 17.9% in 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 during the period. Geode Capital Management LLC increased its position in Blue Owl Capital by 14.2% during the third quarter. Geode Capital Management LLC now owns 8,152,157 shares of the company's stock worth $157,870,000 after purchasing an additional 1,016,505 shares during the last quarter. Vaughan Nelson Investment Management L.P. purchased a new position in Blue Owl Capital during the fourth quarter worth about $23,513,000. Finally, HighTower Advisors LLC boosted its holdings in Blue Owl Capital by 29.1% in the 3rd quarter. HighTower Advisors LLC now owns 3,599,852 shares of the company's stock valued at $69,690,000 after purchasing an additional 811,334 shares during the last quarter. Institutional investors and hedge funds own 35.85% of the company's stock.

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Blue Owl Capital Trading Up 0.5 %

NYSE:OWL traded up $0.10 during mid-day trading on Tuesday, hitting $21.66. The stock had a trading volume of 6,612,584 shares, compared to its average volume of 5,931,816. Blue Owl Capital Inc. has a twelve month low of $15.18 and a twelve month high of $26.73. The company has a market capitalization of $33.31 billion, a PE ratio of 127.42, a PEG ratio of 1.23 and a beta of 1.19. The stock has a 50-day simple moving average of $22.65 and a two-hundred day simple moving average of $22.27.

Blue Owl Capital (NYSE:OWL - Get Free Report) last posted its earnings results on Thursday, February 6th. The company reported $0.21 earnings per share for the quarter, hitting the consensus estimate of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. Sell-side analysts predict that Blue Owl Capital Inc. will post 0.92 EPS for the current fiscal year.

Blue Owl Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 19th were given a $0.18 dividend. The ex-dividend date was Wednesday, February 19th. This represents a $0.72 dividend on an annualized basis and a yield of 3.32%. Blue Owl Capital's payout ratio is currently 423.53%.

Analyst Ratings Changes

Several research firms have recently commented on OWL. Keefe, Bruyette & Woods lifted their price target on shares of Blue Owl Capital from $22.00 to $26.00 and gave the company a "market perform" rating in a research report on Friday, December 20th. Piper Sandler increased their price target on Blue Owl Capital from $25.00 to $27.00 and gave the stock an "overweight" rating in a report on Monday, December 23rd. Wells Fargo & Company cut their price objective on Blue Owl Capital from $24.00 to $22.00 and set an "equal weight" rating for the company in a research report on Thursday, March 20th. Evercore ISI upped their target price on shares of Blue Owl Capital from $25.00 to $26.00 and gave the company an "outperform" rating in a research report on Friday, January 17th. Finally, JMP Securities reissued a "market outperform" rating and issued a $32.00 price target (up from $30.00) on shares of Blue Owl Capital in a research note on Friday, February 7th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $26.33.

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.