26,639 Shares in Blue Owl Capital Inc. (NYSE:OWL) Purchased by Capital CS Group LLC

Capital CS Group LLC acquired a new stake in shares of Blue Owl Capital Inc. (NYSE:OWL) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,639 shares of the company’s stock, valued at approximately $620,000. Blue Owl Capital accounts for approximately 0.8% of Capital CS Group LLC’s investment portfolio, making the stock its 20th largest holding.

A number of other institutional investors have also recently made changes to their positions in OWL. ORG Wealth Partners LLC bought a new position in shares of Blue Owl Capital in the third quarter worth $32,000. Versant Capital Management Inc lifted its holdings in Blue Owl Capital by 136.2% during the 4th 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 in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Blue Owl Capital during the 3rd quarter worth about $138,000. Signaturefd LLC boosted its stake in Blue Owl Capital by 19.3% in the 3rd quarter. Signaturefd LLC now owns 9,137 shares of the company’s stock worth $177,000 after purchasing an additional 1,476 shares during the period. Finally, Chiron Investment Management LLC purchased a new position in Blue Owl Capital during the 3rd quarter valued at about $196,000. Hedge funds and other institutional investors own 35.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on OWL shares. 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. UBS Group raised their price target on shares of Blue Owl Capital from $20.00 to $27.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Keefe, Bruyette & Woods boosted their target price on 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. JMP Securities restated a “market outperform” rating and issued a $27.00 target price on shares of Blue Owl Capital in a research note on Wednesday, December 4th. Finally, Evercore ISI upped their price objective on shares of Blue Owl Capital from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. Five research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, Blue Owl Capital presently has a consensus rating of “Moderate Buy” and a consensus price target of $24.10.

Blue Owl Capital Stock Down 0.7 %

OWL stock opened at $22.39 on Tuesday. The business has a 50 day moving average of $23.46 and a 200 day moving average of $20.54. The firm has a market cap of $33.44 billion, a PE ratio of 131.71, a price-to-earnings-growth ratio of 1.66 and a beta of 1.14. Blue Owl Capital Inc. has a twelve month low of $14.42 and a twelve month high of $25.03.

Blue Owl Capital (NYSE:OWL) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. The company had revenue of $600.88 million during the quarter, compared to analyst estimates of $565.93 million. Blue Owl Capital had a net margin of 4.95% and a return on equity of 19.98%. During the same period in the previous year, the business earned $0.16 EPS. On average, research analysts expect that Blue Owl Capital Inc. will post 0.78 earnings per share for the current fiscal year.

Blue Owl Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 11th were paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 3.22%. The ex-dividend date was Monday, November 11th. Blue Owl Capital’s dividend payout ratio is currently 423.53%.

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.