StoneX Group Inc. acquired a new position in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 18,150 shares of the company's stock, valued at approximately $422,000.
Other large investors have also made changes to their positions in the company. Rothschild Investment LLC boosted its position in shares of Blue Owl Capital by 316.1% during the 4th quarter. Rothschild Investment LLC now owns 33,955 shares of the company's stock valued at $790,000 after acquiring an additional 25,795 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Blue Owl Capital by 17.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company's stock worth $174,829,000 after buying an additional 1,372,865 shares in the last quarter. Arizona State Retirement System boosted its stake in Blue Owl Capital by 14.7% in the 4th quarter. Arizona State Retirement System now owns 154,708 shares of the company's stock valued at $3,599,000 after buying an additional 19,810 shares in the last quarter. Princeton Global Asset Management LLC bought a new stake in Blue Owl Capital in the fourth quarter valued at $1,773,000. Finally, Charles Schwab Investment Management Inc. raised its stake in Blue Owl Capital by 3.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,447,057 shares of the company's stock worth $80,179,000 after acquiring an additional 106,485 shares in the last quarter. Institutional investors and hedge funds own 35.85% of the company's stock.
Blue Owl Capital Trading Down 0.6 %
Shares of OWL stock traded down $0.10 on Monday, reaching $15.80. The company had a trading volume of 5,684,153 shares, compared to its average volume of 6,198,542. The stock has a market cap of $24.30 billion, a PE ratio of 92.20, a PEG ratio of 1.23 and a beta of 1.20. The company has a 50-day moving average of $21.82 and a 200-day moving average of $22.43. Blue Owl Capital Inc. has a 12 month low of $14.58 and a 12 month high of $26.73.
Blue Owl Capital (NYSE:OWL - Get Free Report) last issued its 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%. Sell-side analysts anticipate that Blue Owl Capital Inc. will post 0.92 earnings per share for the current year.
Blue Owl Capital Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.56%. The ex-dividend date of this dividend was Wednesday, February 19th. Blue Owl Capital's dividend payout ratio is currently 423.53%.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently issued reports on OWL shares. Wells Fargo & Company dropped their target price on shares of Blue Owl Capital from $24.00 to $22.00 and set an "equal weight" rating for the company in a research report on Thursday, March 20th. Barclays reduced their price objective on Blue Owl Capital from $29.00 to $20.00 and set an "overweight" rating on the stock in a research note on Monday. Keefe, Bruyette & Woods upped 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 report on Friday, December 20th. Piper Sandler raised their price objective on shares of Blue Owl Capital from $25.00 to $27.00 and gave the company an "overweight" rating in a research report on Monday, December 23rd. Finally, JMP Securities reaffirmed a "market outperform" rating and issued a $32.00 target price (up from $30.00) on shares of Blue Owl Capital in a research note on Friday, February 7th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $25.63.
Read Our Latest Report on OWL
About Blue Owl Capital
(
Free Report)
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.
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