Chicago Partners Investment Group LLC Boosts Holdings in Blue Owl Capital Inc. (NYSE:OWL)

Chicago Partners Investment Group LLC raised its stake in shares of Blue Owl Capital Inc. (NYSE:OWL) by 23.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 468,422 shares of the company’s stock after acquiring an additional 87,975 shares during the period. Chicago Partners Investment Group LLC’s holdings in Blue Owl Capital were worth $10,886,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. ORG Wealth Partners LLC purchased a new stake in Blue Owl Capital in the third quarter valued at $32,000. Versant Capital Management Inc increased its position in shares of Blue Owl Capital by 136.2% in 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. Blue Trust Inc. increased its position in Blue Owl Capital by 182.2% during the fourth quarter. Blue Trust Inc. now owns 2,029 shares of the company’s stock worth $47,000 after buying an additional 1,310 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Blue Owl Capital in the 3rd quarter worth about $138,000. Finally, Signaturefd LLC grew its stake in shares of Blue Owl Capital by 19.3% during the 3rd quarter. Signaturefd LLC now owns 9,137 shares of the company’s stock valued at $177,000 after buying an additional 1,476 shares during the period. Institutional investors and hedge funds own 35.85% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the stock. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Blue Owl Capital from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, November 1st. The Goldman Sachs Group lowered shares of Blue Owl Capital from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $25.00 to $24.75 in a research report on Monday, January 6th. Wells Fargo & Company reduced their target price on Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating for the company in a report on Tuesday, January 14th. JMP Securities reaffirmed a “market outperform” rating and set a $27.00 price objective on shares of Blue Owl Capital in a research note on Wednesday, December 4th. Finally, Citigroup restated a “buy” rating and set a $30.00 price target on shares of Blue Owl Capital in a report on Thursday, January 23rd. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Blue Owl Capital presently has an average rating of “Moderate Buy” and an average price target of $25.85.

Blue Owl Capital Trading Up 0.9 %

Shares of OWL stock opened at $26.05 on Friday. The stock has a market cap of $38.91 billion, a P/E ratio of 153.24, a price-to-earnings-growth ratio of 1.39 and a beta of 1.14. The stock has a 50 day simple moving average of $23.98 and a 200 day simple moving average of $21.22. Blue Owl Capital Inc. has a 1 year low of $15.18 and a 1 year high of $26.73.

Blue Owl Capital (NYSE:OWL) last issued its earnings results on Thursday, October 31st. The company reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. The firm had revenue of $600.88 million for the quarter, compared to the consensus estimate of $565.93 million. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. During the same quarter last year, the business posted $0.16 EPS. Analysts forecast that Blue Owl Capital Inc. will post 0.78 EPS for the current year.

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.