Blue Owl Capital Inc. (NYSE:OWL) Shares Bought by Capital International Investors

Capital International Investors lifted its holdings in shares of Blue Owl Capital Inc. (NYSE:OWL) by 0.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 47,904,975 shares of the company’s stock after buying an additional 73,483 shares during the quarter. Capital International Investors owned approximately 3.21% of Blue Owl Capital worth $1,114,273,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Barclays PLC lifted its holdings in Blue Owl Capital by 13.7% during the third quarter. Barclays PLC now owns 1,571,806 shares of the company’s stock valued at $30,430,000 after purchasing an additional 189,082 shares in the last quarter. M&T Bank Corp raised its position in shares of Blue Owl Capital by 24.5% during the 3rd quarter. M&T Bank Corp now owns 17,371 shares of the company’s stock worth $336,000 after purchasing an additional 3,420 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in Blue Owl Capital by 37.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 75,869 shares of the company’s stock valued at $1,469,000 after buying an additional 20,774 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Blue Owl Capital in the 3rd quarter worth about $138,000. Finally, Franklin Resources Inc. boosted its holdings in Blue Owl Capital by 12.4% in the 3rd quarter. Franklin Resources Inc. now owns 2,818,874 shares of the company’s stock worth $54,573,000 after buying an additional 311,385 shares during the last quarter. Hedge funds and other institutional investors own 35.85% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the company. The Goldman Sachs Group cut Blue Owl Capital from a “buy” rating to a “neutral” rating and reduced their target price for the company from $25.00 to $24.75 in a report on Monday, January 6th. Citigroup decreased their price objective on Blue Owl Capital from $30.00 to $23.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Wells Fargo & Company dropped their target price on shares of Blue Owl Capital from $22.00 to $19.00 and set an “equal weight” rating for the company in a report on Tuesday, April 8th. TD Cowen upgraded shares of Blue Owl Capital from a “hold” rating to a “buy” rating and increased their target price for the company from $26.00 to $28.00 in a research report on Thursday, January 16th. Finally, Cfra Research raised shares of Blue Owl Capital to a “moderate buy” rating in a research note on Thursday, March 27th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $23.79.

Blue Owl Capital Price Performance

NYSE:OWL opened at $17.44 on Friday. The company’s 50-day moving average is $20.07 and its two-hundred day moving average is $22.21. Blue Owl Capital Inc. has a 1-year low of $14.55 and a 1-year high of $26.73. The firm has a market capitalization of $26.81 billion, a price-to-earnings ratio of 102.56, a PEG ratio of 1.23 and a beta of 1.20.

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 analysts’ consensus estimates of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. As a group, equities analysts anticipate that Blue Owl Capital Inc. will post 0.92 earnings per share for the current fiscal year.

Blue Owl Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.13%. The ex-dividend date was Wednesday, February 19th. Blue Owl Capital’s dividend payout ratio is presently 423.53%.

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.