Blue Owl Capital Inc. $OWL Shares Bought by SPX Gestao de Recursos Ltda

SPX Gestao de Recursos Ltda grew its stake in Blue Owl Capital Inc. (NYSE:OWL) by 53.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 381,360 shares of the company’s stock after acquiring an additional 132,060 shares during the quarter. SPX Gestao de Recursos Ltda’s holdings in Blue Owl Capital were worth $6,456,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of OWL. Insigneo Advisory Services LLC increased its position in Blue Owl Capital by 2.7% during the second quarter. Insigneo Advisory Services LLC now owns 19,521 shares of the company’s stock worth $375,000 after purchasing an additional 516 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in shares of Blue Owl Capital by 7.3% in the 3rd quarter. Nisa Investment Advisors LLC now owns 10,011 shares of the company’s stock valued at $169,000 after buying an additional 685 shares during the period. Park Avenue Securities LLC increased its holdings in shares of Blue Owl Capital by 5.6% during the 3rd quarter. Park Avenue Securities LLC now owns 13,149 shares of the company’s stock worth $223,000 after buying an additional 699 shares during the last quarter. Kaizen Financial Strategies raised its position in shares of Blue Owl Capital by 5.9% during the 2nd quarter. Kaizen Financial Strategies now owns 13,155 shares of the company’s stock valued at $253,000 after buying an additional 730 shares during the period. Finally, Bessemer Group Inc. lifted its holdings in Blue Owl Capital by 20.3% in the third quarter. Bessemer Group Inc. now owns 4,967 shares of the company’s stock valued at $84,000 after acquiring an additional 838 shares during the last quarter. Institutional investors and hedge funds own 35.85% of the company’s stock.

Blue Owl Capital Trading Down 5.1%

OWL stock opened at $9.89 on Friday. The business’s fifty day moving average price is $13.43 and its 200 day moving average price is $15.46. Blue Owl Capital Inc. has a 12-month low of $9.69 and a 12-month high of $21.88. The company has a market capitalization of $15.37 billion, a PE ratio of 98.91, a P/E/G ratio of 0.87 and a beta of 1.15.

Blue Owl Capital (NYSE:OWL) last released its earnings results on Thursday, February 5th. The company reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.05. The company had revenue of $701.47 million during the quarter, compared to the consensus estimate of $712.75 million. Blue Owl Capital had a return on equity of 20.93% and a net margin of 2.75%. Research analysts predict that Blue Owl Capital Inc. will post 0.92 EPS for the current fiscal year.

Blue Owl Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 2nd. Investors of record on Friday, February 20th were issued a $0.225 dividend. The ex-dividend date was Friday, February 20th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 9.1%. Blue Owl Capital’s payout ratio is 900.00%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on the company. Citigroup reissued an “outperform” rating on shares of Blue Owl Capital in a research note on Tuesday, January 27th. Zacks Research lowered Blue Owl Capital from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 27th. Deutsche Bank Aktiengesellschaft cut Blue Owl Capital from a “buy” rating to a “hold” rating and lowered their price target for the stock from $15.00 to $10.00 in a report on Tuesday, February 24th. TD Cowen restated a “buy” rating on shares of Blue Owl Capital in a report on Wednesday, January 14th. Finally, Barclays reaffirmed an “equal weight” rating and issued a $11.00 target price (down from $15.00) on shares of Blue Owl Capital in a research report on Monday, March 2nd. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $18.00.

Trending Headlines about Blue Owl Capital

Here are the key news stories impacting Blue Owl Capital this week:

• Positive Sentiment: Blue Owl confirmed it received an unsolicited minority tender offer for up to 8,000,000 shares of Blue Owl Capital Corporation II (OBDC II) and said it will review the proposal — a formal review can prompt management responses or negotiations that sometimes limit downside. Blue Owl Capital Corporation II Confirms Receipt of Unsolicited Minority Tender Offer from Cox and Saba at Discount to NAV
• Neutral Sentiment: Barclays reiterated an Equal Weight rating on OWL, signaling analysts are currently neutral on the shares despite recent volatility. Blue Owl Capital’s (OWL) Equal Weight Rating Reiterated at Barclays
• Negative Sentiment: Reports say Blue Owl has roughly £36 million (reported) — about $48 million in some accounts — of exposure to a collapsed UK property lender; that direct loss/credit exposure is being cited as a trigger for selling pressure. Blue Owl Capital stock falls on UK property lender loss
• Negative Sentiment: Outside firms have launched deep-discount offers for shares in Blue Owl’s private credit vehicles, signaling stress/illiquidity in those fund share prices and creating valuation scrutiny across the firm’s retail-facing products. Outside firms start the deep discount offer for shares in Blue Owl Private Credit Fund
• Negative Sentiment: Sectorwide private-credit redemptions and negative headlines are hitting Blue Owl specifically — coverage notes OWL shares are down sharply year-to-date as liquidity and mark-to-market concerns expose risks in retailized private credit. OWL Stock Is Down Over 30% This Year— How Private Credit Meltdown Is Exposing ‘Cockroaches’ In The Market
• Negative Sentiment: Short interest has surged to record levels against Blue Owl as investors position for further weakness, which can accelerate downside and volatility in the near term. Blue Owl Draws Record Short Bets as Private Credit Remains Under Fire

About Blue Owl Capital

Blue Owl Capital is a global alternative asset manager that focuses on private credit, direct lending and equity-related strategies for institutional investors. Headquartered in New York, the firm develops and manages a range of private markets products designed to provide capital solutions to middle-market and larger corporate borrowers, as well as liquidity and partnership arrangements with private equity firms and other alternative managers.

Its core activities include direct lending and credit strategies that provide senior, unitranche and other structured loan products to companies across industries.