Intellectus Partners LLC Boosts Stake in Blue Owl Capital Co. (NYSE:OBDC)

Intellectus Partners LLC boosted its stake in shares of Blue Owl Capital Co. (NYSE:OBDC) by 3.3% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 171,291 shares of the company’s stock after purchasing an additional 5,530 shares during the period. Intellectus Partners LLC’s holdings in Blue Owl Capital were worth $2,653,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Raymond James Financial Inc. purchased a new stake in shares of Blue Owl Capital during the fourth quarter worth about $28,434,000. Icon Wealth Advisors LLC grew its holdings in Blue Owl Capital by 3,524.0% during the 3rd quarter. Icon Wealth Advisors LLC now owns 579,799 shares of the company’s stock valued at $8,448,000 after buying an additional 563,800 shares in the last quarter. Sound Income Strategies LLC raised its position in shares of Blue Owl Capital by 6.4% during the fourth quarter. Sound Income Strategies LLC now owns 3,024,260 shares of the company’s stock valued at $45,727,000 after buying an additional 182,002 shares during the last quarter. Kingswood Wealth Advisors LLC lifted its holdings in shares of Blue Owl Capital by 89.0% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 258,931 shares of the company’s stock worth $3,915,000 after buying an additional 121,947 shares in the last quarter. Finally, Stephens Inc. AR lifted its holdings in shares of Blue Owl Capital by 3.3% in the fourth quarter. Stephens Inc. AR now owns 3,326,298 shares of the company’s stock worth $50,294,000 after buying an additional 106,722 shares in the last quarter. Institutional investors own 42.83% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on OBDC shares. JMP Securities restated an “outperform” rating on shares of Blue Owl Capital in a research report on Tuesday, February 4th. Citizens Jmp upgraded Blue Owl Capital to a “strong-buy” rating in a report on Monday, February 3rd. Keefe, Bruyette & Woods raised Blue Owl Capital from a “moderate sell” rating to a “hold” rating in a research note on Friday, February 21st. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $17.00 target price on shares of Blue Owl Capital in a research report on Tuesday, November 19th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $16.08.

Blue Owl Capital Stock Up 1.7 %

NYSE:OBDC opened at $14.99 on Friday. The company has a market cap of $7.66 billion, a price-to-earnings ratio of 9.80 and a beta of 0.83. Blue Owl Capital Co. has a twelve month low of $13.98 and a twelve month high of $16.91. The company has a current ratio of 1.19, a quick ratio of 1.28 and a debt-to-equity ratio of 1.25. The stock has a fifty day simple moving average of $15.09 and a 200-day simple moving average of $15.03.

Blue Owl Capital (NYSE:OBDC) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.01. Blue Owl Capital had a net margin of 37.26% and a return on equity of 12.38%. The firm had revenue of $394.39 million during the quarter, compared to the consensus estimate of $395.24 million. Analysts anticipate that Blue Owl Capital Co. will post 1.71 EPS for the current year.

Blue Owl Capital Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.33%. The ex-dividend date is Monday, March 31st. Blue Owl Capital’s dividend payout ratio is 96.73%.

Blue Owl Capital Profile

Blue Owl Capital Corporation is a business development company. It specializes in direct and fund of fund investments. The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and second lien term loans and common equity investments.