Brokerages Set Blue Owl Capital Co. (NYSE:OBDC) PT at $16.08

Blue Owl Capital Co. (NYSE:OBDC) has been assigned an average recommendation of “Moderate Buy” from the nine brokerages that are presently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, four have given a buy recommendation and two have given a strong buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $16.08.

A number of research analysts have issued reports on the stock. Royal Bank of Canada restated an “outperform” rating and set a $17.00 target price on shares of Blue Owl Capital in a research report on Tuesday, November 19th. JMP Securities increased their price target on Blue Owl Capital from $16.50 to $17.00 and gave the stock a “market outperform” rating in a research report on Tuesday, February 4th. Keefe, Bruyette & Woods reiterated an “underperform” rating and set a $14.00 target price (down from $15.50) on shares of Blue Owl Capital in a research report on Thursday, December 12th. Wells Fargo & Company raised their price target on Blue Owl Capital from $14.00 to $14.50 and gave the stock an “underweight” rating in a research report on Tuesday, October 29th. Finally, Citizens Jmp raised shares of Blue Owl Capital to a “strong-buy” rating in a research report on Monday, February 3rd.

Institutional Investors Weigh In On Blue Owl Capital

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Atria Wealth Solutions Inc. grew its stake in shares of Blue Owl Capital by 1.1% during the fourth quarter. Atria Wealth Solutions Inc. now owns 65,873 shares of the company’s stock worth $1,014,000 after buying an additional 685 shares during the last quarter. Amplius Wealth Advisors LLC grew its position in Blue Owl Capital by 1.8% during the 4th quarter. Amplius Wealth Advisors LLC now owns 40,687 shares of the company’s stock worth $615,000 after acquiring an additional 702 shares during the last quarter. Channel Wealth LLC increased its holdings in Blue Owl Capital by 1.9% in the 4th quarter. Channel Wealth LLC now owns 44,500 shares of the company’s stock worth $673,000 after purchasing an additional 823 shares in the last quarter. Gilbert & Cook Inc. raised its position in Blue Owl Capital by 3.5% in the third quarter. Gilbert & Cook Inc. now owns 29,327 shares of the company’s stock valued at $427,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Blue Owl Capital by 9.1% during the fourth quarter. Tower Research Capital LLC TRC now owns 13,038 shares of the company’s stock worth $197,000 after purchasing an additional 1,083 shares during the last quarter. 42.83% of the stock is owned by institutional investors.

Blue Owl Capital Trading Up 0.5 %

Shares of Blue Owl Capital stock opened at $15.38 on Friday. Blue Owl Capital has a 52-week low of $13.98 and a 52-week high of $16.91. The stock has a market cap of $6.00 billion, a PE ratio of 9.55 and a beta of 0.83. The firm has a 50-day moving average of $15.09 and a 200-day moving average of $14.97. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.28 and a current ratio of 1.28.

About Blue Owl Capital

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.