Insigneo Advisory Services LLC Buys 2,373 Shares of Blue Owl Capital Inc. (NYSE:OWL)

Insigneo Advisory Services LLC lifted its holdings in Blue Owl Capital Inc. (NYSE:OWL) by 19.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,878 shares of the company’s stock after buying an additional 2,373 shares during the quarter. Insigneo Advisory Services LLC’s holdings in Blue Owl Capital were worth $346,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rothschild Investment LLC boosted its position in shares of Blue Owl Capital by 316.1% during the fourth quarter. Rothschild Investment LLC now owns 33,955 shares of the company’s stock valued at $790,000 after buying an additional 25,795 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Blue Owl Capital by 17.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company’s stock valued at $174,829,000 after buying an additional 1,372,865 shares in the last quarter. Arizona State Retirement System lifted its stake in shares of Blue Owl Capital by 14.7% during the 4th quarter. Arizona State Retirement System now owns 154,708 shares of the company’s stock valued at $3,599,000 after buying an additional 19,810 shares in the last quarter. Princeton Global Asset Management LLC bought a new position in Blue Owl Capital in the 4th quarter worth approximately $1,773,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Blue Owl Capital by 3.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,447,057 shares of the company’s stock valued at $80,179,000 after purchasing an additional 106,485 shares during the last quarter. Hedge funds and other institutional investors own 35.85% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on OWL shares. The Goldman Sachs Group cut Blue Owl Capital from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $25.00 to $24.75 in a report on Monday, January 6th. Barclays dropped their target price on Blue Owl Capital from $29.00 to $20.00 and set an “overweight” rating on the stock in a research report on Monday, April 7th. Citigroup decreased their price objective on Blue Owl Capital from $30.00 to $23.00 and set a “buy” rating for the company in a report on Tuesday, April 8th. JMP Securities lowered their target price on shares of Blue Owl Capital from $32.00 to $28.00 and set a “market outperform” rating for the company in a research note on Tuesday, April 8th. Finally, Keefe, Bruyette & Woods boosted their price target on Blue Owl Capital from $22.00 to $26.00 and gave the company a “market perform” rating in a research note on Friday, December 20th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $23.79.

Blue Owl Capital Price Performance

Blue Owl Capital stock opened at $17.44 on Friday. Blue Owl Capital Inc. has a 1-year low of $14.55 and a 1-year high of $26.73. The company has a market cap of $26.81 billion, a PE ratio of 102.56, a price-to-earnings-growth ratio of 1.23 and a beta of 1.20. The stock’s 50 day moving average price is $19.95 and its 200 day moving average price is $22.20.

Blue Owl Capital (NYSE:OWL) last posted 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%. On average, equities research analysts anticipate that Blue Owl Capital Inc. will post 0.92 EPS 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. Investors of record on Wednesday, February 19th were issued a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.72 annualized dividend and a yield of 4.13%. Blue Owl Capital’s payout ratio is 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.