Comprehensive Financial Planning Inc. PA Makes New $172,000 Investment in Blue Owl Capital Inc. (NYSE:OWL)

Comprehensive Financial Planning Inc. PA bought a new stake in Blue Owl Capital Inc. (NYSE:OWL) in the 4th quarter, HoldingsChannel.com reports. The firm bought 7,410 shares of the company’s stock, valued at approximately $172,000.

Other large investors also recently made changes to their positions in the company. FMR LLC grew its stake in Blue Owl Capital by 29.9% in the third quarter. FMR LLC now owns 35,324,089 shares of the company’s stock valued at $683,874,000 after acquiring an additional 8,138,475 shares during the period. JPMorgan Chase & Co. grew its position in Blue Owl Capital by 17.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company’s stock valued at $174,829,000 after purchasing an additional 1,372,865 shares during the period. State Street Corp increased its stake in Blue Owl Capital by 5.6% during the 3rd quarter. State Street Corp now owns 8,452,073 shares of the company’s stock valued at $163,632,000 after purchasing an additional 449,066 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Blue Owl Capital by 14.2% during the third quarter. Geode Capital Management LLC now owns 8,152,157 shares of the company’s stock worth $157,870,000 after acquiring an additional 1,016,505 shares in the last quarter. Finally, Westfield Capital Management Co. LP raised its holdings in shares of Blue Owl Capital by 4.6% in the 3rd quarter. Westfield Capital Management Co. LP now owns 6,736,287 shares of the company’s stock worth $130,415,000 after acquiring an additional 293,221 shares during the last quarter. 35.85% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently issued reports on OWL. JMP Securities reaffirmed a “market outperform” rating and set a $32.00 target price (up previously from $30.00) on shares of Blue Owl Capital in a research report on Friday. Keefe, Bruyette & Woods lifted 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 report on Friday, December 20th. The Goldman Sachs Group downgraded shares of Blue Owl Capital from a “buy” rating to a “neutral” rating and lowered their target price for the company from $25.00 to $24.75 in a report on Monday, January 6th. TD Cowen upgraded shares of Blue Owl Capital from a “hold” rating to a “buy” rating and boosted their price target for the stock from $26.00 to $28.00 in a report on Thursday, January 16th. Finally, Citigroup reaffirmed a “buy” rating and issued a $30.00 price objective on shares of Blue Owl Capital in a research report on Thursday, January 23rd. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $26.27.

Blue Owl Capital Price Performance

Shares of OWL opened at $23.56 on Monday. The firm has a market cap of $35.19 billion, a PE ratio of 138.60, a PEG ratio of 1.34 and a beta of 1.15. Blue Owl Capital Inc. has a 1 year low of $15.18 and a 1 year high of $26.73. The stock’s fifty day moving average price is $24.05 and its two-hundred day moving average price is $21.44.

Blue Owl Capital (NYSE:OWL) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. Blue Owl Capital had a net margin of 4.77% and a return on equity of 20.82%. Sell-side analysts anticipate that Blue Owl Capital Inc. will post 0.92 earnings per share for the current fiscal year.

Blue Owl Capital Dividend Announcement

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 paid a $0.18 dividend. The ex-dividend date is Wednesday, February 19th. This represents a $0.72 dividend on an annualized basis and a yield of 3.06%. Blue Owl Capital’s dividend payout ratio is 423.55%.

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.