Vaughan Nelson Investment Management L.P. Invests $23.51 Million in Blue Owl Capital Inc. (NYSE:OWL)

Vaughan Nelson Investment Management L.P. acquired a new position in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,010,860 shares of the company's stock, valued at approximately $23,513,000. Vaughan Nelson Investment Management L.P. owned 0.07% of Blue Owl Capital at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the stock. FMR LLC lifted its position in shares of Blue Owl Capital by 29.9% in the third quarter. FMR LLC now owns 35,324,089 shares of the company's stock valued at $683,874,000 after buying an additional 8,138,475 shares during the last quarter. JPMorgan Chase & Co. increased its stake in shares of Blue Owl Capital by 17.9% during the third quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company's stock worth $174,829,000 after purchasing an additional 1,372,865 shares during the period. State Street Corp increased its stake in shares of Blue Owl Capital by 5.6% during the third quarter. State Street Corp now owns 8,452,073 shares of the company's stock worth $163,632,000 after purchasing an additional 449,066 shares during the period. Geode Capital Management LLC increased its stake in shares of Blue Owl Capital by 14.2% during the third quarter. Geode Capital Management LLC now owns 8,152,157 shares of the company's stock worth $157,870,000 after purchasing an additional 1,016,505 shares during the period. Finally, Westfield Capital Management Co. LP increased its stake in shares of Blue Owl Capital by 4.6% during the third quarter. Westfield Capital Management Co. LP now owns 6,736,287 shares of the company's stock worth $130,415,000 after purchasing an additional 293,221 shares during the period. 35.85% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

OWL has been the topic of a number of recent research reports. Oppenheimer increased their target price on Blue Owl Capital from $24.00 to $28.00 and gave the stock an "outperform" rating in a research note on Thursday, December 12th. Keefe, Bruyette & Woods increased their target price on 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. The Goldman Sachs Group lowered Blue Owl Capital from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $25.00 to $24.75 in a research note on Monday, January 6th. Piper Sandler increased their target price on Blue Owl Capital from $25.00 to $27.00 and gave the stock an "overweight" rating in a research note on Monday, December 23rd. Finally, UBS Group raised their price objective on Blue Owl Capital from $20.00 to $27.00 and gave the stock a "buy" rating in a research note on Tuesday, October 22nd. Four research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $26.27.

Blue Owl Capital Stock Up 0.8 %

Shares of OWL stock traded up $0.18 during trading hours on Thursday, reaching $23.48. The company's stock had a trading volume of 4,653,782 shares, compared to its average volume of 6,466,023. The firm's 50 day simple moving average is $24.07 and its 200-day simple moving average is $21.52. The company has a market capitalization of $35.06 billion, a price-to-earnings ratio of 138.10, a PEG ratio of 1.34 and a beta of 1.15. Blue Owl Capital Inc. has a fifty-two week low of $15.18 and a fifty-two week high of $26.73.

Blue Owl Capital (NYSE:OWL - Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.21 earnings per share for the quarter, meeting the consensus estimate of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. Sell-side analysts predict that Blue Owl Capital Inc. will post 0.92 earnings per share for the current year.

Blue Owl Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Wednesday, February 19th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 3.07%. The ex-dividend date of this dividend is Wednesday, February 19th. Blue Owl Capital's dividend payout ratio (DPR) is 423.55%.

About Blue Owl Capital

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.