SBI Securities Co. Ltd. Purchases New Holdings in Blue Owl Capital Inc. (NYSE:OWL)

SBI Securities Co. Ltd. purchased a new stake in shares of Blue Owl Capital Inc. (NYSE:OWL) during the 4th quarter, Holdings Channel reports. The institutional investor purchased 19,770 shares of the company’s stock, valued at approximately $460,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OWL. Global Retirement Partners LLC grew its stake in shares of Blue Owl Capital by 1.6% in the 4th quarter. Global Retirement Partners LLC now owns 25,499 shares of the company’s stock valued at $593,000 after purchasing an additional 413 shares during the period. Dynasty Wealth Management LLC grew its stake in shares of Blue Owl Capital by 0.5% in the 4th quarter. Dynasty Wealth Management LLC now owns 78,580 shares of the company’s stock valued at $1,828,000 after purchasing an additional 417 shares during the period. Allworth Financial LP grew its stake in shares of Blue Owl Capital by 43.3% in the 4th quarter. Allworth Financial LP now owns 1,416 shares of the company’s stock valued at $36,000 after purchasing an additional 428 shares during the period. Kovitz Investment Group Partners LLC grew its stake in shares of Blue Owl Capital by 1.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 32,852 shares of the company’s stock valued at $622,000 after purchasing an additional 443 shares during the period. 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 valued at $45,000 after purchasing an additional 450 shares during the period. 35.85% of the stock is currently owned by institutional investors.

Blue Owl Capital Stock Performance

NYSE:OWL opened at $19.75 on Wednesday. The stock’s fifty day moving average price is $23.65 and its two-hundred day moving average price is $22.03. Blue Owl Capital Inc. has a 52-week low of $15.18 and a 52-week high of $26.73. The company has a market cap of $30.38 billion, a price-to-earnings ratio of 116.20, a P/E/G ratio of 1.23 and a beta of 1.15.

Blue Owl Capital (NYSE:OWL) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. On average, equities analysts predict that Blue Owl Capital Inc. will post 0.92 EPS for the current fiscal year.

Blue Owl Capital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.65%. The ex-dividend date was Wednesday, February 19th. Blue Owl Capital’s dividend payout ratio (DPR) is currently 423.53%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. 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. JMP Securities restated a “market outperform” rating and set a $32.00 price target (up from $30.00) on shares of Blue Owl Capital in a research report on Friday, February 7th. Citigroup restated a “buy” rating and set a $30.00 price target on shares of Blue Owl Capital in a research report on Thursday, January 23rd. Keefe, Bruyette & Woods increased their price target 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. Finally, Barclays initiated coverage on Blue Owl Capital in a research report on Monday, February 24th. They set an “overweight” rating and a $29.00 price target on the stock. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat, Blue Owl Capital presently has a consensus rating of “Moderate Buy” and a consensus price target of $26.48.

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.