Muzinich & Co. Inc. Has $8.55 Million Stock Holdings in Blue Owl Capital Co. (NYSE:OBDC)

Muzinich & Co. Inc. trimmed its holdings in shares of Blue Owl Capital Co. (NYSE:OBDC) by 10.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 565,151 shares of the company’s stock after selling 67,803 shares during the quarter. Blue Owl Capital makes up approximately 5.4% of Muzinich & Co. Inc.’s investment portfolio, making the stock its 7th biggest holding. Muzinich & Co. Inc.’s holdings in Blue Owl Capital were worth $8,545,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Advisor Group LLC increased its stake in Blue Owl Capital by 4.1% during the 3rd quarter. Private Advisor Group LLC now owns 153,811 shares of the company’s stock valued at $2,241,000 after purchasing an additional 5,993 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of Blue Owl Capital in the third quarter worth approximately $12,810,000. Arkadios Wealth Advisors grew its position in Blue Owl Capital by 17.8% in the third quarter. Arkadios Wealth Advisors now owns 27,755 shares of the company’s stock worth $404,000 after acquiring an additional 4,200 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Blue Owl Capital by 35.7% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 39,105 shares of the company’s stock valued at $570,000 after purchasing an additional 10,298 shares during the last quarter. Finally, Pallas Capital Advisors LLC grew its holdings in shares of Blue Owl Capital by 11.0% during the 3rd quarter. Pallas Capital Advisors LLC now owns 50,372 shares of the company’s stock worth $766,000 after purchasing an additional 5,002 shares during the period. Hedge funds and other institutional investors own 42.83% of the company’s stock.

Blue Owl Capital Stock Down 1.1 %

Shares of NYSE:OBDC opened at $15.18 on Thursday. Blue Owl Capital Co. has a fifty-two week low of $13.98 and a fifty-two week high of $16.91. The firm’s 50-day simple moving average is $15.13 and its 200-day simple moving average is $15.00. The company has a market cap of $5.92 billion, a price-to-earnings ratio of 9.92 and a beta of 0.83. The company has a quick ratio of 1.28, a current ratio of 1.19 and a debt-to-equity ratio of 1.25.

Blue Owl Capital (NYSE:OBDC) last released its quarterly earnings data on Wednesday, February 19th. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.01. The firm had revenue of $394.39 million during the quarter, compared to the consensus estimate of $395.24 million. Blue Owl Capital had a return on equity of 12.38% and a net margin of 37.26%. As a group, equities research analysts predict that Blue Owl Capital Co. will post 1.71 earnings per share for the current year.

Blue Owl Capital Dividend Announcement

The business also recently announced a dividend, which will be paid on Monday, March 17th. Stockholders of record on Friday, February 28th will be paid a $0.05 dividend. The ex-dividend date is Friday, February 28th. Blue Owl Capital’s dividend payout ratio (DPR) is currently 96.73%.

Analyst Upgrades and Downgrades

OBDC has been the topic of a number of research reports. JMP Securities restated an “outperform” rating on shares of Blue Owl Capital in a research note on Tuesday, February 4th. Keefe, Bruyette & Woods upgraded shares of Blue Owl Capital from a “moderate sell” rating to a “hold” rating in a report on Friday, February 21st. Citizens Jmp upgraded shares of Blue Owl Capital to a “strong-buy” rating in a report on Monday, February 3rd. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $17.00 price objective on shares of Blue Owl Capital in a research report on Tuesday, November 19th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, four have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $16.08.

Blue Owl Capital Company Profile

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.