781,132 Shares in Blue Owl Capital Inc. (NYSE:OWL) Bought by Partners Group Holding AG

Partners Group Holding AG bought a new position in Blue Owl Capital Inc. (NYSE:OWL - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 781,132 shares of the company's stock, valued at approximately $18,169,000. Partners Group Holding AG owned about 0.05% of Blue Owl Capital at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in OWL. Atria Investments Inc grew its position in Blue Owl Capital by 48.2% in the 3rd quarter. Atria Investments Inc now owns 16,222 shares of the company's stock valued at $314,000 after buying an additional 5,275 shares in the last quarter. Natixis Advisors LLC lifted its stake in shares of Blue Owl Capital by 6.8% in the 3rd quarter. Natixis Advisors LLC now owns 246,878 shares of the company's stock worth $4,780,000 after acquiring an additional 15,701 shares during the period. PNC Financial Services Group Inc. boosted its holdings in shares of Blue Owl Capital by 0.6% in the third quarter. PNC Financial Services Group Inc. now owns 95,623 shares of the company's stock valued at $1,851,000 after acquiring an additional 575 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new position in shares of Blue Owl Capital during the third quarter valued at approximately $900,000. Finally, King Luther Capital Management Corp raised its holdings in Blue Owl Capital by 0.6% during the third quarter. King Luther Capital Management Corp now owns 79,919 shares of the company's stock worth $1,547,000 after purchasing an additional 485 shares in the last quarter. Institutional investors and hedge funds own 35.85% of the company's stock.

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Analysts Set New Price Targets

Several equities analysts have recently issued reports on OWL shares. 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 report on Friday, December 20th. Oppenheimer upped their price target on shares of Blue Owl Capital from $24.00 to $28.00 and gave the company an "outperform" rating in a report on Thursday, December 12th. Barclays began coverage on shares of Blue Owl Capital in a research note on Monday, February 24th. They issued an "overweight" rating and a $29.00 price objective on the stock. JMP Securities reiterated a "market outperform" rating and issued a $32.00 target price (up from $30.00) on shares of Blue Owl Capital in a report on Friday, February 7th. Finally, TD Cowen upgraded shares of Blue Owl Capital from a "hold" rating to a "buy" rating and raised their target price for the stock from $26.00 to $28.00 in a report on Thursday, January 16th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $26.33.

Blue Owl Capital Stock Performance

Shares of OWL stock traded down $0.62 during trading on Thursday, hitting $20.44. 5,227,694 shares of the company were exchanged, compared to its average volume of 5,957,115. The business's 50-day simple moving average is $22.54 and its 200 day simple moving average is $22.28. The firm has a market capitalization of $31.43 billion, a price-to-earnings ratio of 120.21, a P/E/G ratio of 1.23 and a beta of 1.19. Blue Owl Capital Inc. has a twelve month low of $15.18 and a twelve month high of $26.73.

Blue Owl Capital (NYSE:OWL - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.21 earnings per share (EPS) 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%. On average, equities analysts forecast that Blue Owl Capital Inc. will post 0.92 earnings per share for the current fiscal year.

Blue Owl Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 19th were paid a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.72 annualized dividend and a dividend yield of 3.52%. Blue Owl Capital's payout ratio is 423.53%.

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.