Voya Investment Management LLC Has $120.42 Million Stock Holdings in Blue Owl Capital Inc. (NYSE:OWL)

Voya Investment Management LLC raised its holdings in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 163.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,177,288 shares of the company's stock after purchasing an additional 3,209,934 shares during the period. Voya Investment Management LLC owned about 0.35% of Blue Owl Capital worth $120,424,000 as of its most recent SEC filing.

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

Blue Owl Capital Stock Performance

Blue Owl Capital stock traded up $0.25 on Monday, reaching $18.75. The company's stock had a trading volume of 7,315,857 shares, compared to its average volume of 6,717,327. The company has a market cap of $28.83 billion, a price-to-earnings ratio of 110.30, a PEG ratio of 1.23 and a beta of 1.20. Blue Owl Capital Inc. has a twelve month low of $14.55 and a twelve month high of $26.73. The business's fifty day moving average price is $19.33 and its 200 day moving average price is $22.12.

Blue Owl Capital (NYSE:OWL - Get Free Report) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.21 earnings per share (EPS) 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%. As a group, equities analysts forecast 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 announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th were issued a dividend of $0.18 per share. The ex-dividend date was Wednesday, February 19th. This represents a $0.72 annualized dividend and a yield of 3.84%. Blue Owl Capital's dividend payout ratio is presently 423.53%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on OWL shares. Wells Fargo & Company cut their price objective on Blue Owl Capital from $22.00 to $19.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. JMP Securities lowered their target price on Blue Owl Capital from $32.00 to $28.00 and set a "market outperform" rating on the stock in a research note on Tuesday, April 8th. Evercore ISI boosted their target price on shares of Blue Owl Capital from $25.00 to $26.00 and gave the stock an "outperform" rating in a research report on Friday, January 17th. Oppenheimer set a $24.00 price objective on shares of Blue Owl Capital and gave the stock an "outperform" rating in a report on Wednesday, April 16th. Finally, Citigroup dropped their target price on shares of Blue Owl Capital from $30.00 to $23.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, Blue Owl Capital has an average rating of "Moderate Buy" and a consensus price target of $23.79.

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.