Maestria Partners LLC Takes Position in Blue Owl Capital Inc. (NYSE:OWL)

Maestria Partners LLC bought a new stake in shares of Blue Owl Capital Inc. (NYSE:OWL) during the 4th quarter, according to its most recent filing with the SEC. The fund bought 716,000 shares of the company’s stock, valued at approximately $16,654,000. Blue Owl Capital makes up 6.6% of Maestria Partners LLC’s portfolio, making the stock its 7th largest position.

Several other hedge funds have also recently added to or reduced their stakes in OWL. Rakuten Securities Inc. acquired a new stake in Blue Owl Capital during the fourth quarter valued at approximately $27,000. Allworth Financial LP boosted its stake in 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 buying an additional 428 shares in the last quarter. Jones Financial Companies Lllp grew its position in Blue Owl Capital by 232.7% in the fourth quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company’s stock valued at $44,000 after acquiring an additional 1,315 shares during the period. Principal Securities Inc. raised its stake in Blue Owl Capital by 30.6% during the fourth quarter. Principal Securities Inc. now owns 1,921 shares of the company’s stock worth $45,000 after acquiring an additional 450 shares in the last quarter. Finally, Versant Capital Management Inc lifted its holdings in shares of 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 acquiring an additional 1,110 shares during the period. Institutional investors and hedge funds own 35.85% of the company’s stock.

Blue Owl Capital Stock Up 6.2 %

Shares of OWL stock opened at $21.06 on Thursday. Blue Owl Capital Inc. has a 12 month low of $15.18 and a 12 month high of $26.73. The firm has a market cap of $32.38 billion, a price-to-earnings ratio of 123.87, a PEG ratio of 1.23 and a beta of 1.19. The stock has a 50-day moving average price of $22.76 and a 200 day moving average price of $22.14.

Blue Owl Capital (NYSE:OWL) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.21 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.21. Blue Owl Capital had a net margin of 4.77% and a return on equity of 20.82%. Sell-side analysts predict that Blue Owl Capital Inc. will post 0.92 earnings per share 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 3.42%. The ex-dividend date was Wednesday, February 19th. Blue Owl Capital’s dividend payout ratio (DPR) is currently 423.53%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. The Goldman Sachs Group lowered shares of Blue Owl Capital from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $25.00 to $24.75 in a report on Monday, January 6th. Evercore ISI upped their price objective on shares of Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Friday, January 17th. Keefe, Bruyette & Woods lifted their target price on shares of 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. Wells Fargo & Company decreased their price target on Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. Finally, Oppenheimer lifted their price objective on Blue Owl Capital from $24.00 to $28.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $26.48.

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.