Blue Owl Capital Inc. (NYSE:OWL) Shares Purchased by Stephens Inc. AR

Stephens Inc. AR grew its stake in shares of Blue Owl Capital Inc. (NYSE:OWL) by 7.6% in the third quarter, according to its most recent filing with the SEC. The fund owned 455,724 shares of the company’s stock after acquiring an additional 32,356 shares during the period. Stephens Inc. AR’s holdings in Blue Owl Capital were worth $8,823,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Transcendent Capital Group LLC acquired a new stake in shares of Blue Owl Capital during the first quarter worth $26,000. ORG Partners LLC purchased a new stake in Blue Owl Capital during the second quarter valued at about $32,000. ORG Wealth Partners LLC acquired a new position in shares of Blue Owl Capital in the third quarter worth about $32,000. Family Firm Inc. purchased a new position in shares of Blue Owl Capital in the second quarter worth approximately $40,000. Finally, Rothschild Investment LLC acquired a new stake in shares of Blue Owl Capital during the second quarter valued at approximately $45,000. 35.85% of the stock is owned by institutional investors.

Blue Owl Capital Trading Down 4.1 %

OWL stock opened at $21.45 on Friday. The firm has a market cap of $31.39 billion, a PE ratio of 134.07, a P/E/G ratio of 1.49 and a beta of 1.18. The business’s 50-day moving average price is $19.81 and its two-hundred day moving average price is $18.68. Blue Owl Capital Inc. has a 1-year low of $12.24 and a 1-year high of $24.17.

Blue Owl Capital (NYSE:OWL) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. The company had revenue of $549.85 million for the quarter, compared to analyst estimates of $507.22 million. Blue Owl Capital had a net margin of 4.64% and a return on equity of 19.15%. During the same period in the prior year, the firm earned $0.16 earnings per share. On average, analysts forecast that Blue Owl Capital Inc. will post 0.78 earnings per share for the current year.

Blue Owl Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, November 22nd. Investors of record on Monday, November 11th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 3.36%. The ex-dividend date of this dividend is Monday, November 11th. Blue Owl Capital’s dividend payout ratio (DPR) is presently 450.03%.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Oppenheimer lifted their price objective on shares of Blue Owl Capital from $21.00 to $24.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 16th. Deutsche Bank Aktiengesellschaft upped their price target on Blue Owl Capital from $23.00 to $24.00 and gave the company a “buy” rating in a research report on Friday. Evercore ISI raised their price objective on Blue Owl Capital from $21.00 to $22.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 8th. Wells Fargo & Company upped their target price on Blue Owl Capital from $18.50 to $21.00 and gave the company an “equal weight” rating in a report on Wednesday, October 9th. Finally, JMP Securities increased their price target on shares of Blue Owl Capital from $24.00 to $25.00 and gave the stock a “market outperform” rating in a research report on Wednesday, October 9th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Blue Owl Capital currently has a consensus rating of “Moderate Buy” and an average price target of $22.15.

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.