Blue Owl Capital Inc. $OWL Shares Acquired by Partners Group Holding AG

Partners Group Holding AG grew its position in shares of Blue Owl Capital Inc. (NYSE:OWL) by 41.5% in the 4th quarter, Holdings Channel reports. The institutional investor owned 2,745,267 shares of the company’s stock after acquiring an additional 805,112 shares during the period. Blue Owl Capital accounts for approximately 2.8% of Partners Group Holding AG’s investment portfolio, making the stock its 10th biggest holding. Partners Group Holding AG’s holdings in Blue Owl Capital were worth $41,014,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Bessemer Group Inc. lifted its holdings in shares of Blue Owl Capital by 20.3% during the 3rd quarter. Bessemer Group Inc. now owns 4,967 shares of the company’s stock valued at $84,000 after buying an additional 838 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in Blue Owl Capital by 117.0% in the 3rd quarter. Parkside Financial Bank & Trust now owns 1,608 shares of the company’s stock worth $27,000 after purchasing an additional 867 shares during the last quarter. Stonegate Investment Group LLC lifted its holdings in Blue Owl Capital by 3.6% in the 3rd quarter. Stonegate Investment Group LLC now owns 25,465 shares of the company’s stock worth $431,000 after purchasing an additional 884 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its holdings in Blue Owl Capital by 1.2% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 76,939 shares of the company’s stock worth $1,149,000 after purchasing an additional 909 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its holdings in Blue Owl Capital by 83.5% in the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 2,000 shares of the company’s stock worth $30,000 after purchasing an additional 910 shares during the last quarter. 35.85% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on OWL. Oppenheimer reduced their target price on Blue Owl Capital from $17.00 to $16.00 and set an “outperform” rating for the company in a report on Monday, April 13th. Zacks Research lowered Blue Owl Capital from a “hold” rating to a “strong sell” rating in a report on Tuesday, January 27th. Citigroup restated an “outperform” rating on shares of Blue Owl Capital in a report on Tuesday, January 27th. Citizens Jmp reduced their target price on Blue Owl Capital from $23.00 to $21.00 and set a “market outperform” rating for the company in a report on Wednesday, April 22nd. Finally, BMO Capital Markets reduced their target price on Blue Owl Capital from $15.00 to $11.00 and set an “outperform” rating for the company in a report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.50.

Blue Owl Capital Stock Down 0.5%

Shares of NYSE OWL opened at $9.44 on Wednesday. The business’s 50 day moving average is $9.27 and its two-hundred day moving average is $12.50. The company has a market cap of $14.68 billion, a P/E ratio of 78.70, a P/E/G ratio of 1.00 and a beta of 1.19. Blue Owl Capital Inc. has a 12 month low of $7.95 and a 12 month high of $21.08.

Blue Owl Capital (NYSE:OWL) last issued its quarterly earnings results on Thursday, April 30th. The company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. The company had revenue of $699.88 million for the quarter, compared to the consensus estimate of $687.23 million. Blue Owl Capital had a return on equity of 21.97% and a net margin of 2.96%. Sell-side analysts expect that Blue Owl Capital Inc. will post 0.88 earnings per share for the current fiscal year.

Blue Owl Capital Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th will be given a $0.23 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $0.92 annualized dividend and a yield of 9.7%. This is an increase from Blue Owl Capital’s previous quarterly dividend of $0.23. Blue Owl Capital’s dividend payout ratio (DPR) is presently 766.67%.

Blue Owl Capital Company Profile

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.