Blue Owl Capital Inc. (NYSE:OWL) Receives Consensus Rating of “Moderate Buy” from Analysts

Blue Owl Capital Inc. (NYSE:OWL) has been assigned a consensus rating of “Moderate Buy” from the twelve ratings firms that are presently covering the firm, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $26.27.

OWL has been the subject of several analyst reports. Citigroup reissued a “buy” rating and issued a $30.00 price objective on shares of Blue Owl Capital in a research note on Thursday, January 23rd. Piper Sandler raised their price objective on shares of Blue Owl Capital from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Monday, December 23rd. TD Cowen raised shares of Blue Owl Capital from a “hold” rating to a “buy” rating and raised their price objective for the stock from $26.00 to $28.00 in a research note on Thursday, January 16th. Oppenheimer raised their price objective on shares of Blue Owl Capital from $24.00 to $28.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. Finally, Keefe, Bruyette & Woods raised their price objective on shares of Blue Owl Capital from $22.00 to $26.00 and gave the stock a “market perform” rating in a research note on Friday, December 20th.

Blue Owl Capital Trading Down 4.9 %

Shares of NYSE:OWL opened at $23.56 on Friday. Blue Owl Capital has a 12 month low of $15.18 and a 12 month high of $26.73. The company has a 50-day moving average price of $24.05 and a 200 day moving average price of $21.42. The company has a market cap of $35.19 billion, a price-to-earnings ratio of 138.60, a PEG ratio of 1.41 and a beta of 1.15.

Blue Owl Capital (NYSE:OWL) last announced 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 net margin of 4.95% and a return on equity of 19.98%. As a group, equities analysts forecast that Blue Owl Capital will post 0.78 EPS for the current year.

Blue Owl Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Wednesday, February 19th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 3.06%. The ex-dividend date of this dividend is Wednesday, February 19th. Blue Owl Capital’s payout ratio is 423.55%.

Hedge Funds Weigh In On Blue Owl Capital

Institutional investors have recently bought and sold shares of the business. ORG Wealth Partners LLC purchased a new position in Blue Owl Capital during the third quarter valued at approximately $32,000. Allworth Financial LP increased its holdings in Blue Owl Capital by 43.3% during the fourth quarter. Allworth Financial LP now owns 1,416 shares of the company’s stock valued at $36,000 after buying an additional 428 shares during the period. Jones Financial Companies Lllp increased its holdings in Blue Owl Capital by 232.7% during the fourth quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company’s stock valued at $44,000 after buying an additional 1,315 shares during the period. Versant Capital Management Inc increased its holdings in 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 buying an additional 1,110 shares during the period. Finally, Principal Securities Inc. increased its holdings in Blue Owl Capital by 30.6% during the fourth quarter. Principal Securities Inc. now owns 1,921 shares of the company’s stock valued at $45,000 after buying an additional 450 shares during the period. 35.85% of the stock is owned by hedge funds and other institutional investors.

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.