Blue Owl Capital Inc. (NYSE:OWL) Holdings Trimmed by Wilmington Savings Fund Society FSB

Wilmington Savings Fund Society FSB decreased its stake in Blue Owl Capital Inc. (NYSE:OWL) by 9.6% in the fourth quarter, HoldingsChannel reports. The firm owned 6,467 shares of the company’s stock after selling 683 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Blue Owl Capital were worth $150,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. ORG Wealth Partners LLC acquired a new position in shares of Blue Owl Capital in the 3rd quarter valued at $32,000. Versant Capital Management Inc boosted its position in shares of 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 purchasing an additional 1,110 shares during the period. Blue Trust Inc. boosted its position in shares of Blue Owl Capital by 182.2% in the 4th quarter. Blue Trust Inc. now owns 2,029 shares of the company’s stock valued at $47,000 after purchasing an additional 1,310 shares during the period. Copeland Capital Management LLC acquired a new position in shares of Blue Owl Capital in the 4th quarter valued at $103,000. Finally, Wedmont Private Capital acquired a new position in shares of Blue Owl Capital in the 4th quarter valued at $204,000. Institutional investors and hedge funds own 35.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on OWL shares. Evercore ISI increased their price target on Blue Owl Capital from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, January 17th. Oppenheimer raised their price objective on Blue Owl Capital from $24.00 to $28.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. Wells Fargo & Company cut their price target on Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Citigroup reaffirmed a “buy” rating and set a $30.00 price target on shares of Blue Owl Capital in a research note on Thursday, January 23rd. Finally, TD Cowen raised Blue Owl Capital from a “hold” rating to a “buy” rating and raised their price target for the stock from $26.00 to $28.00 in a research note on Thursday, January 16th. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $26.27.

Blue Owl Capital Stock Down 1.0 %

OWL stock opened at $23.33 on Thursday. The company has a market cap of $34.84 billion, a P/E ratio of 137.24, a PEG ratio of 1.34 and a beta of 1.15. Blue Owl Capital Inc. has a twelve month low of $15.18 and a twelve month high of $26.73. The business has a fifty day moving average of $24.07 and a 200-day moving average of $21.51.

Blue Owl Capital (NYSE:OWL) last released 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%. As a group, equities research analysts anticipate that Blue Owl Capital Inc. will post 0.92 earnings per share for the current fiscal year.

Blue Owl Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Wednesday, February 19th will be issued a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, February 19th. This represents a $0.72 dividend on an annualized basis and a yield of 3.09%. Blue Owl Capital’s dividend payout ratio is presently 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.