Virtu Financial LLC Invests $746,000 in Blue Owl Capital Inc. (NYSE:OWL)

Virtu Financial LLC bought a new stake in 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 bought 32,051 shares of the company's stock, valued at approximately $746,000.

Several other institutional investors have also recently bought and sold shares of OWL. Rakuten Securities Inc. bought a new stake in Blue Owl Capital during the fourth quarter worth $27,000. Allworth Financial LP increased its stake in shares of Blue Owl Capital by 43.3% during the 4th quarter. Allworth Financial LP now owns 1,416 shares of the company's stock worth $36,000 after purchasing an additional 428 shares during the last quarter. Jones Financial Companies Lllp raised its holdings in shares of Blue Owl Capital by 232.7% in the 4th quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company's stock valued at $44,000 after purchasing an additional 1,315 shares during the period. Principal Securities Inc. lifted its stake in Blue Owl Capital by 30.6% in the 4th quarter. Principal Securities Inc. now owns 1,921 shares of the company's stock valued at $45,000 after purchasing an additional 450 shares during the last quarter. Finally, Versant Capital Management Inc grew its holdings in Blue Owl Capital by 136.2% during the fourth quarter. Versant Capital Management Inc now owns 1,925 shares of the company's stock worth $45,000 after purchasing an additional 1,110 shares during the period. Institutional investors own 35.85% of the company's stock.

Blue Owl Capital Stock Performance

Shares of OWL stock traded down $0.22 during trading on Friday, hitting $20.19. The company had a trading volume of 5,394,143 shares, compared to its average volume of 6,087,293. The firm has a market capitalization of $31.04 billion, a P/E ratio of 118.74, a price-to-earnings-growth ratio of 1.23 and a beta of 1.19. Blue Owl Capital Inc. has a one year low of $15.18 and a one year high of $26.73. The stock's 50-day moving average price is $22.54 and its 200 day moving average price is $22.28.

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

Blue Owl Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 3.57%. The ex-dividend date was Wednesday, February 19th. Blue Owl Capital's dividend payout ratio is currently 423.53%.

Wall Street Analyst Weigh In

OWL has been the topic of several research analyst reports. Piper Sandler upped their price objective on Blue Owl Capital from $25.00 to $27.00 and gave the company an "overweight" rating in a research note on Monday, December 23rd. Keefe, Bruyette & Woods increased their price target on Blue Owl Capital from $22.00 to $26.00 and gave the company a "market perform" rating in a research note on Friday, December 20th. Evercore ISI upped their price objective on shares of Blue Owl Capital from $25.00 to $26.00 and gave the company an "outperform" rating in a report on Friday, January 17th. The Goldman Sachs Group lowered shares of Blue Owl Capital from a "buy" rating to a "neutral" rating and dropped their price objective for the company from $25.00 to $24.75 in a research report on Monday, January 6th. Finally, Wells Fargo & Company reduced 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 report on Thursday, March 20th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, Blue Owl Capital has an average rating of "Moderate Buy" and a consensus target price of $26.33.

Blue Owl Capital 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.