Sanctuary Advisors LLC Has $4.15 Million Holdings in Blue Owl Capital Co. (NYSE:OBDC)

Sanctuary Advisors LLC raised its holdings in Blue Owl Capital Co. (NYSE:OBDC - Free Report) by 57.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 275,503 shares of the company's stock after purchasing an additional 100,198 shares during the quarter. Sanctuary Advisors LLC owned about 0.07% of Blue Owl Capital worth $4,146,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Fifth Third Bancorp increased its stake in shares of Blue Owl Capital by 192.2% during the fourth quarter. Fifth Third Bancorp now owns 2,922 shares of the company's stock worth $44,000 after acquiring an additional 1,922 shares during the period. National Bank of Canada FI raised its position in shares of Blue Owl Capital by 144.7% in the third quarter. National Bank of Canada FI now owns 4,160 shares of the company's stock valued at $61,000 after buying an additional 2,460 shares during the last quarter. Westend Capital Management LLC raised its position in shares of Blue Owl Capital by 58.8% in the fourth quarter. Westend Capital Management LLC now owns 4,816 shares of the company's stock valued at $73,000 after buying an additional 1,784 shares during the last quarter. Balboa Wealth Partners acquired a new position in Blue Owl Capital during the third quarter worth approximately $169,000. Finally, Register Financial Advisors LLC increased its position in Blue Owl Capital by 19.9% during the fourth quarter. Register Financial Advisors LLC now owns 12,261 shares of the company's stock worth $185,000 after purchasing an additional 2,033 shares during the last quarter. 42.83% of the stock is currently owned by institutional investors and hedge funds.

Blue Owl Capital Stock Performance

OBDC stock traded down $0.10 on Friday, reaching $15.44. 2,694,086 shares of the company were exchanged, compared to its average volume of 2,964,559. Blue Owl Capital Co. has a 12 month low of $13.98 and a 12 month high of $16.91. The stock's fifty day moving average price is $15.11 and its 200 day moving average price is $14.99. The firm has a market capitalization of $6.02 billion, a PE ratio of 10.09 and a beta of 0.83. 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 (NYSE:OBDC - Get Free Report) last announced its earnings results on Wednesday, February 19th. The company reported $0.47 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.46 by $0.01. Blue Owl Capital had a net margin of 37.26% and a return on equity of 12.36%. The business had revenue of $394.39 million for the quarter, compared to analyst estimates of $395.24 million. On average, research analysts anticipate that Blue Owl Capital Co. will post 1.71 EPS for the current fiscal year.

Blue Owl Capital Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, March 17th. Shareholders of record on Friday, February 28th will be paid a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, February 28th. Blue Owl Capital's dividend payout ratio is currently 96.73%.

Wall Street Analyst Weigh In

OBDC has been the subject of several recent research reports. Royal Bank of Canada reissued an "outperform" rating and issued a $17.00 price objective on shares of Blue Owl Capital in a research report on Tuesday, November 19th. Citizens Jmp raised shares of Blue Owl Capital to a "strong-buy" rating in a research report on Monday, February 3rd. JMP Securities increased their price objective on shares of Blue Owl Capital from $16.50 to $17.00 and gave the stock a "market outperform" rating in a research report on Tuesday, February 4th. Wells Fargo & Company increased their price objective on shares of Blue Owl Capital from $14.00 to $14.50 and gave the stock an "underweight" rating in a research report on Tuesday, October 29th. Finally, Keefe, Bruyette & Woods reissued an "underperform" rating and issued a $14.00 price objective (down previously from $15.50) on shares of Blue Owl Capital in a research report on Thursday, December 12th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, four have issued a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, Blue Owl Capital currently has a consensus rating of "Moderate Buy" and an average price target of $16.08.

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.