1 week Ago By Defense World Staff
Prudential Financial Inc. reduced its position in Blue Owl Capital Inc. (NYSE:OWL – Free Report) by 25.
6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 20,456 shares of the company’s stock after selling 7,057 shares during the period. Prudential Financial Inc.
’s holdings in Blue Owl Capital were worth $476,000 at the end of the most recent quarter. Other large investors have also recently made changes to their positions in the company. Vanguard Group Inc.
grew its position in Blue Owl Capital by 11.7% during the 4th quarter. Vanguard Group Inc.
now owns 53,206,392 shares of the company’s stock worth $1,237,581,000 after purchasing an additional 5,558,868 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Blue Owl Capital by 17.
9% during the third quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company’s stock worth $174,829,000 after buying an additional 1,372,865 shares during the last quarter.
Geode Capital Management LLC increased its position in Blue Owl Capital by 14.2% in the 3rd quarter. Geode Capital Management LLC now owns 8,152,157 shares of the company’s stock valued at $157,870,000 after acquiring an additional 1,016,505 shares during the period.
Vaughan Nelson Investment Management L.P. purchased a new stake in Blue Owl Capital during the 4th quarter valued at approximately $23,513,000.
Finally, Partners Group Holding AG purchased a new stake in Blue Owl Capital during the 4th quarter valued at approximately $18,169,000. 35.85% of the stock is owned by institutional investors and hedge funds.
Blue Owl Capital Price PerformanceNYSE OWL opened at $18.17 on Thursday. Blue Owl Capital Inc.
has a 12 month low of $14.55 and a 12 month high of $26.73.
The company has a market capitalization of $27.94 billion, a P/E ratio of 106.89, a PEG ratio of 1.
23 and a beta of 1.20. The company’s 50 day simple moving average is $20.
94 and its 200 day simple moving average is $22.31. Blue Owl Capital (NYSE:OWL – Get Free Report) last posted its quarterly earnings data on Thursday, February 6th.
The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21.
Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%.
On average, analysts anticipate that Blue Owl Capital Inc. will post 0.92 earnings per share for the current year.
Blue Owl Capital Announces DividendThe company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 19th were given a dividend of $0.18 per share.
The ex-dividend date was Wednesday, February 19th. This represents a $0.72 dividend on an annualized basis and a yield of 3.
96%. Blue Owl Capital’s payout ratio is 423.53%.
Analyst Upgrades and DowngradesSeveral equities analysts have issued reports on OWL shares. Evercore ISI boosted their price objective on shares of Blue Owl Capital from $25.00 to $26.
00 and gave the company an “outperform” rating in a research note on Friday, January 17th. JMP Securities dropped their target price on Blue Owl Capital from $32.00 to $28.
00 and set a “market outperform” rating on the stock in a research report on Tuesday. Keefe, Bruyette & Woods lifted 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. Wells Fargo & Company cut their price objective on Blue Owl Capital from $22.00 to $19.
00 and set an “equal weight” rating for the company in a research report on Tuesday. Finally, Piper Sandler decreased their target price on shares of Blue Owl Capital from $27.00 to $21.
00 and set an “overweight” rating on the stock in a research report on Tuesday. Four equities research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.
com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $24.10.Read Our Latest Research Report on OWLBlue Owl Capital Profile (Free Report)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.Further ReadingFive stocks we like better than Blue Owl CapitalThe How And Why of Investing in Oil StocksQuantum Computing: The $6.
5 Billion Opportunity You Can’t IgnoreHow Can Investors Benefit From After-Hours TradingAre Tariffs Threatening Disney’s Comeback Story?How to Invest in the Best Canadian Stocks Is Alphabet a Generational Buying Opportunity at These Levels?Want to see what other hedge funds are holding OWL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blue Owl Capital Inc. (NYSE:OWL – Free Report).
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