SG Americas Securities LLC Buys 11,818 Shares of Blue Owl Capital Inc. (NYSE:OWL)

SG Americas Securities LLC boosted its position in Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 118.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,777 shares of the company's stock after purchasing an additional 11,818 shares during the period. SG Americas Securities LLC's holdings in Blue Owl Capital were worth $507,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of OWL. ORG Wealth Partners LLC purchased a new position in shares of Blue Owl Capital during the third quarter worth approximately $32,000. Versant Capital Management Inc boosted its stake in Blue Owl Capital by 136.2% during the 4th quarter. Versant Capital Management Inc now owns 1,925 shares of the company's stock valued at $45,000 after purchasing an additional 1,110 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Blue Owl Capital in the 3rd quarter worth about $138,000. Signaturefd LLC raised its holdings in shares of Blue Owl Capital by 19.3% during the third quarter. Signaturefd LLC now owns 9,137 shares of the company's stock valued at $177,000 after purchasing an additional 1,476 shares during the last quarter. Finally, Chiron Investment Management LLC purchased a new position in shares of Blue Owl Capital in the 3rd quarter worth $196,000. 35.85% of the stock is owned by institutional investors.

Blue Owl Capital Trading Up 1.4 %

Shares of OWL stock traded up $0.36 during mid-day trading on Wednesday, reaching $25.00. The stock had a trading volume of 8,452,564 shares, compared to its average volume of 6,527,946. Blue Owl Capital Inc. has a 12-month low of $15.18 and a 12-month high of $26.73. The business has a 50-day simple moving average of $24.01 and a 200 day simple moving average of $21.34. The company has a market cap of $37.33 billion, a P/E ratio of 147.04, a price-to-earnings-growth ratio of 1.41 and a beta of 1.15.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the stock. Oppenheimer increased their price objective on shares of Blue Owl Capital from $24.00 to $28.00 and gave the stock an "outperform" rating in a research note on Thursday, December 12th. Deutsche Bank Aktiengesellschaft lifted their target price on Blue Owl Capital from $23.00 to $24.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. Keefe, Bruyette & Woods raised their target price 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. JMP Securities reissued a "market outperform" rating and set a $27.00 price target on shares of Blue Owl Capital in a research report on Wednesday, December 4th. Finally, Piper Sandler lifted their target price on shares of Blue Owl Capital from $25.00 to $27.00 and gave the stock an "overweight" rating in a research note on Monday, December 23rd. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Blue Owl Capital has an average rating of "Moderate Buy" and a consensus price target of $25.85.

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.