Union Bancaire Privee UBP SA Buys Shares of 64,547 Blue Owl Capital Co. (NYSE:OBDC)

Union Bancaire Privee UBP SA acquired a new stake in shares of Blue Owl Capital Co. (NYSE:OBDC - Free Report) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 64,547 shares of the company's stock, valued at approximately $976,000.

Several other institutional investors and hedge funds have also bought and sold shares of the business. WESPAC Advisors LLC lifted its stake in Blue Owl Capital by 6.1% during the 4th quarter. WESPAC Advisors LLC now owns 113,962 shares of the company's stock valued at $1,723,000 after acquiring an additional 6,576 shares during the period. Ieq Capital LLC purchased a new position in shares of Blue Owl Capital during the 4th quarter valued at approximately $1,010,000. Pasadena Private Wealth LLC increased its holdings in shares of Blue Owl Capital by 79.6% during the 4th quarter. Pasadena Private Wealth LLC now owns 34,395 shares of the company's stock valued at $520,000 after purchasing an additional 15,244 shares in the last quarter. Atria Wealth Solutions Inc. increased its holdings in shares of Blue Owl Capital by 1.1% during the 4th quarter. Atria Wealth Solutions Inc. now owns 65,873 shares of the company's stock valued at $1,014,000 after purchasing an additional 685 shares in the last quarter. Finally, Venturi Wealth Management LLC purchased a new position in shares of Blue Owl Capital during the 4th quarter valued at approximately $77,000. 42.83% of the stock is currently owned by institutional investors and hedge funds.

Blue Owl Capital Price Performance

OBDC traded down $0.01 on Thursday, hitting $15.16. 3,870,137 shares of the company's stock were exchanged, compared to its average volume of 3,091,354. Blue Owl Capital Co. has a fifty-two week low of $13.98 and a fifty-two week high of $16.91. The company has a current ratio of 1.19, a quick ratio of 1.28 and a debt-to-equity ratio of 1.25. The firm has a 50-day moving average price of $15.13 and a 200-day moving average price of $15.00. The stock has a market cap of $5.91 billion, a price-to-earnings ratio of 9.91 and a beta of 0.83.

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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 the consensus estimate of $0.46 by $0.01. Blue Owl Capital had a net margin of 37.26% and a return on equity of 12.38%. The company had revenue of $394.39 million for the quarter, compared to analysts' expectations of $395.24 million. As a group, equities analysts anticipate that Blue Owl Capital Co. will post 1.71 earnings per share for the current year.

Blue Owl Capital Announces Dividend

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

Analysts Set New Price Targets

Several research firms have recently weighed in on OBDC. JMP Securities reaffirmed an "outperform" rating on shares of Blue Owl Capital in a report on Tuesday, February 4th. Keefe, Bruyette & Woods raised shares of Blue Owl Capital from a "moderate sell" rating to a "hold" rating in a report on Friday, February 21st. Citizens Jmp raised shares of Blue Owl Capital to a "strong-buy" rating in a report on Monday, February 3rd. Finally, Royal Bank of Canada reissued an "outperform" rating and issued a $17.00 price target on shares of Blue Owl Capital in a report on Tuesday, November 19th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, four have assigned a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat, Blue Owl Capital has an average rating of "Moderate Buy" and a consensus target price of $16.08.

Blue Owl Capital Profile

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.