Blue Owl Capital Inc. (NYSE:OWL) Receives Consensus Rating of “Moderate Buy” from Brokerages

Blue Owl Capital Inc. (NYSE:OWL) has been assigned an average recommendation of “Moderate Buy” from the thirteen research firms that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $26.33.

OWL has been the subject of a number of research reports. JMP Securities reiterated a “market outperform” rating and issued a $32.00 price objective (up previously from $30.00) on shares of Blue Owl Capital in a research report on Friday, February 7th. Wells Fargo & Company reduced their target price on Blue Owl Capital from $24.00 to $22.00 and set an “equal weight” rating for the company in a research report on Thursday, March 20th. TD Cowen raised shares of Blue Owl Capital from a “hold” rating to a “buy” rating and boosted their price target for the company from $26.00 to $28.00 in a report on Thursday, January 16th. Keefe, Bruyette & Woods raised 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. Finally, Piper Sandler lifted their target price on shares of Blue Owl Capital from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Monday, December 23rd.

Hedge Funds Weigh In On Blue Owl Capital

Institutional investors have recently bought and sold shares of the business. Rakuten Securities Inc. bought a new stake in shares of Blue Owl Capital during the fourth quarter worth $27,000. Allworth Financial LP grew its holdings in Blue Owl Capital by 43.3% during the 4th quarter. Allworth Financial LP now owns 1,416 shares of the company’s stock worth $36,000 after acquiring an additional 428 shares during the last quarter. Jones Financial Companies Lllp grew its holdings in Blue Owl Capital by 232.7% during the 4th quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company’s stock worth $44,000 after acquiring an additional 1,315 shares during the last quarter. Versant Capital Management Inc increased its position in Blue Owl Capital by 136.2% in the 4th quarter. Versant Capital Management Inc now owns 1,925 shares of the company’s stock valued at $45,000 after acquiring an additional 1,110 shares in the last quarter. Finally, Principal Securities Inc. lifted its position in shares of Blue Owl Capital by 30.6% during the fourth quarter. Principal Securities Inc. now owns 1,921 shares of the company’s stock worth $45,000 after purchasing an additional 450 shares in the last quarter. Institutional investors own 35.85% of the company’s stock.

Blue Owl Capital Trading Down 1.1 %

Shares of OWL stock opened at $20.19 on Friday. The firm has a market capitalization of $31.04 billion, a P/E ratio of 118.74, a price-to-earnings-growth ratio of 1.23 and a beta of 1.19. Blue Owl Capital has a 1 year low of $15.18 and a 1 year high of $26.73. The firm’s fifty day simple moving average is $22.46 and its 200 day simple moving average is $22.35.

Blue Owl Capital (NYSE:OWL) last announced 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 net margin of 4.77% and a return on equity of 20.82%. Equities research analysts anticipate that Blue Owl Capital will post 0.92 EPS for the current fiscal year.

Blue Owl Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 3.57%. The ex-dividend date was Wednesday, February 19th. Blue Owl Capital’s payout ratio is currently 423.53%.

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.