Triasima Portfolio Management inc. Buys 8,750 Shares of Blue Owl Capital Inc. (NYSE:OWL)

Triasima Portfolio Management inc. lifted its holdings in shares of Blue Owl Capital Inc. (NYSE:OWL) by 28.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 39,249 shares of the company’s stock after buying an additional 8,750 shares during the period. Triasima Portfolio Management inc.’s holdings in Blue Owl Capital were worth $913,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. ORG Wealth Partners LLC purchased a new stake in shares of Blue Owl Capital during the third quarter valued at $32,000. Versant Capital Management Inc boosted its position in shares of 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 last quarter. Blue Trust Inc. boosted its position in shares of Blue Owl Capital by 182.2% during the fourth quarter. Blue Trust Inc. now owns 2,029 shares of the company’s stock valued at $47,000 after buying an additional 1,310 shares during the last quarter. Copeland Capital Management LLC purchased a new stake in shares of Blue Owl Capital during the fourth quarter valued at $103,000. Finally, Wilmington Savings Fund Society FSB purchased a new stake in shares of Blue Owl Capital during the third quarter valued at $138,000. 35.85% of the stock is owned by hedge funds and other institutional investors.

Blue Owl Capital Stock Down 0.9 %

OWL stock opened at $24.71 on Friday. Blue Owl Capital Inc. has a twelve month low of $15.18 and a twelve month high of $26.73. The stock has a market cap of $36.91 billion, a P/E ratio of 145.39, a PEG ratio of 1.41 and a beta of 1.15. The business’s 50-day moving average price is $24.05 and its 200-day moving average price is $21.39.

Blue Owl Capital (NYSE:OWL) last issued its earnings results on Thursday, February 6th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. On average, equities research analysts expect that Blue Owl Capital Inc. will post 0.78 earnings per share for the current fiscal year.

Blue Owl Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 2.91%. The ex-dividend date is Wednesday, February 19th. Blue Owl Capital’s payout ratio is 423.55%.

Analyst Ratings Changes

Several equities research analysts recently commented on OWL shares. Piper Sandler increased their price objective on Blue Owl Capital from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Monday, December 23rd. TD Cowen raised Blue Owl Capital from a “hold” rating to a “buy” rating and raised their target price for the stock from $26.00 to $28.00 in a research report on Thursday, January 16th. UBS Group raised their target price on Blue Owl Capital from $20.00 to $27.00 and gave the stock a “buy” rating in a research report on Tuesday, October 22nd. Wells Fargo & Company dropped their target price on Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Tuesday, January 14th. Finally, JMP Securities reissued a “market outperform” rating and issued a $27.00 target price on shares of Blue Owl Capital in a research report on Wednesday, December 4th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, Blue Owl Capital has an average rating of “Moderate Buy” and an average price target of $25.85.

Blue Owl Capital 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.