Round Rock Advisors LLC Invests $688,000 in Blue Owl Capital Co. (NYSE:OBDC)

Round Rock Advisors LLC purchased a new stake in shares of Blue Owl Capital Co. (NYSE:OBDC - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 45,532 shares of the company's stock, valued at approximately $688,000.

Other institutional investors also recently bought and sold shares of the company. Marshall Wace LLP acquired a new stake in Blue Owl Capital in the second quarter valued at approximately $242,000. Squarepoint Ops LLC boosted its stake in shares of Blue Owl Capital by 102.6% in the second quarter. Squarepoint Ops LLC now owns 74,886 shares of the company's stock worth $1,150,000 after acquiring an additional 37,924 shares during the last quarter. B. Riley Wealth Advisors Inc. boosted its stake in shares of Blue Owl Capital by 53.6% in the second quarter. B. Riley Wealth Advisors Inc. now owns 45,809 shares of the company's stock worth $721,000 after acquiring an additional 15,979 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Blue Owl Capital by 7.5% in the second quarter. Cetera Investment Advisers now owns 120,085 shares of the company's stock worth $1,845,000 after acquiring an additional 8,378 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Blue Owl Capital in the second quarter worth approximately $2,667,000. 42.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on OBDC. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $17.00 price target on shares of Blue Owl Capital in a research note on Tuesday, November 19th. JMP Securities boosted their price objective on Blue Owl Capital from $16.50 to $17.00 and gave the stock a "market outperform" rating in a research note on Tuesday. Wells Fargo & Company boosted their price objective on Blue Owl Capital from $14.00 to $14.50 and gave the stock an "underweight" rating in a research note on Tuesday, October 29th. Finally, Keefe, Bruyette & Woods reissued an "underperform" rating and set a $14.00 price objective (down previously from $15.50) on shares of Blue Owl Capital in a research note on Thursday, December 12th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, Blue Owl Capital currently has an average rating of "Moderate Buy" and a consensus price target of $16.08.

Blue Owl Capital Trading Down 0.7 %

Shares of OBDC stock traded down $0.11 on Wednesday, hitting $15.00. The stock had a trading volume of 1,987,481 shares, compared to its average volume of 2,996,727. The company's 50 day moving average price is $15.11 and its 200-day moving average price is $14.98. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.28 and a quick ratio of 1.28. Blue Owl Capital Co. has a 1 year low of $13.98 and a 1 year high of $16.91. The firm has a market capitalization of $5.85 billion, a P/E ratio of 9.32 and a beta of 0.83.

Blue Owl Capital (NYSE:OBDC - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.01). Blue Owl Capital had a return on equity of 12.59% and a net margin of 38.99%. The company had revenue of $406.03 million for the quarter, compared to analysts' expectations of $399.85 million. During the same quarter last year, the company earned $0.49 EPS. Analysts anticipate that Blue Owl Capital Co. will post 1.89 earnings per share for the current year.

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.