Stanley Laman Group Ltd. Sells 89,632 Shares of Blue Owl Capital Inc. (NYSE:OWL)

Stanley Laman Group Ltd. trimmed its holdings in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 33.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 176,312 shares of the company's stock after selling 89,632 shares during the quarter. Stanley Laman Group Ltd.'s holdings in Blue Owl Capital were worth $4,101,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of OWL. ORG Wealth Partners LLC bought a new position in shares of Blue Owl Capital in the 3rd quarter valued at approximately $32,000. Versant Capital Management Inc lifted its stake in shares of Blue Owl Capital by 136.2% in the fourth quarter. Versant Capital Management Inc now owns 1,925 shares of the company's stock worth $45,000 after buying an additional 1,110 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Blue Owl Capital by 182.2% during the 4th quarter. Blue Trust Inc. now owns 2,029 shares of the company's stock worth $47,000 after buying an additional 1,310 shares during the period. Copeland Capital Management LLC bought a new stake in Blue Owl Capital during the fourth quarter valued at about $103,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Blue Owl Capital in the third quarter valued at about $138,000. 35.85% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have commented on OWL shares. Citigroup reaffirmed a "buy" rating and issued a $30.00 price target on shares of Blue Owl Capital in a research report on Thursday, January 23rd. Wells Fargo & Company lowered their price objective on Blue Owl Capital from $25.00 to $24.00 and set an "equal weight" rating on the stock in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods raised their price target on shares of Blue Owl Capital from $22.00 to $26.00 and gave the stock a "market perform" rating in a research note on Friday, December 20th. Evercore ISI boosted their price target on Blue Owl Capital from $25.00 to $26.00 and gave the company an "outperform" rating in a research note on Friday, January 17th. Finally, JMP Securities reiterated a "market outperform" rating and set a $32.00 price objective (up from $30.00) on shares of Blue Owl Capital in a research note on Friday, February 7th. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $26.27.

Blue Owl Capital Stock Up 2.0 %

NYSE:OWL traded up $0.47 during mid-day trading on Monday, reaching $23.99. 3,783,209 shares of the company were exchanged, compared to its average volume of 6,339,179. The stock has a market cap of $35.82 billion, a PE ratio of 141.10, a PEG ratio of 1.34 and a beta of 1.15. Blue Owl Capital Inc. has a 12 month low of $15.18 and a 12 month high of $26.73. The company has a fifty day moving average of $24.08 and a 200 day moving average of $21.59.

Blue Owl Capital (NYSE:OWL - Get Free Report) last released its quarterly earnings results on Thursday, February 6th. The company reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. Blue Owl Capital had a net margin of 4.77% and a return on equity of 20.82%. On average, equities research analysts anticipate that Blue Owl Capital Inc. will post 0.92 EPS for the current fiscal year.

Blue Owl Capital Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Wednesday, February 19th will be issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Wednesday, February 19th. Blue Owl Capital's dividend payout ratio is 423.55%.

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.