4 days Ago By ABMN Staff
Envestnet Asset Management Inc. lifted its holdings in shares of Blue Owl Capital Inc. ( NYSE:OWL – Free Report ) by 5.
2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 674,322 shares of the company’s stock after purchasing an additional 33,568 shares during the quarter. Envestnet Asset Management Inc.
’s holdings in Blue Owl Capital were worth $15,685,000 at the end of the most recent quarter. Several other institutional investors also recently modified their holdings of the stock. Leeward Financial Partners LLC bought a new position in shares of Blue Owl Capital in the 4th quarter worth $223,000.
ExodusPoint Capital Management LP bought a new position in Blue Owl Capital in the fourth quarter valued at $18,168,000. Massachusetts Financial Services Co. MA raised its position in Blue Owl Capital by 49.
3% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 532,705 shares of the company’s stock valued at $12,391,000 after purchasing an additional 175,945 shares in the last quarter.
Scholtz & Company LLC lifted its stake in Blue Owl Capital by 13.0% during the fourth quarter. Scholtz & Company LLC now owns 153,615 shares of the company’s stock worth $3,573,000 after purchasing an additional 17,685 shares during the last quarter.
Finally, Geode Capital Management LLC boosted its holdings in shares of Blue Owl Capital by 3.4% in the 4th quarter. Geode Capital Management LLC now owns 8,426,251 shares of the company’s stock worth $196,060,000 after purchasing an additional 274,094 shares in the last quarter.
35.85% of the stock is currently owned by institutional investors. Analyst Ratings Changes A number of analysts recently weighed in on OWL shares.
TD Cowen upgraded Blue Owl Capital from a “hold” rating to a “buy” rating and boosted their target price for the stock from $26.00 to $28.00 in a research report on Thursday, January 16th.
Piper Sandler cut their price objective on shares of Blue Owl Capital from $27.00 to $21.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th.
Keefe, Bruyette & Woods lifted their target price on shares of Blue Owl Capital from $22.00 to $26.00 and gave the stock a “market perform” rating in a research report on Friday, December 20th.
Cfra Research upgraded shares of Blue Owl Capital to a “moderate buy” rating in a research report on Thursday, March 27th. Finally, JMP Securities reduced their price objective on Blue Owl Capital from $32.00 to $28.
00 and set a “market outperform” rating on the stock in a research note on Tuesday, April 8th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. According to data from MarketBeat, Blue Owl Capital presently has an average rating of “Moderate Buy” and a consensus price target of $24.
10. Blue Owl Capital Stock Performance OWL opened at $17.57 on Wednesday.
The stock has a market capitalization of $27.02 billion, a PE ratio of 103.35, a price-to-earnings-growth ratio of 1.
23 and a beta of 1.20. The stock’s 50 day moving average price is $20.
33 and its 200-day moving average price is $22.26. Blue Owl Capital Inc.
has a 52-week low of $14.55 and a 52-week high of $26.73.
Blue Owl Capital ( NYSE:OWL – Get Free Report ) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.21 earnings per share (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%. Research analysts forecast that Blue Owl Capital Inc. will post 0.
92 EPS for the current fiscal year. Blue Owl Capital Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th were issued a $0.
18 dividend. The ex-dividend date was Wednesday, February 19th. This represents a $0.
72 annualized dividend and a yield of 4.10%. Blue Owl Capital’s dividend payout ratio (DPR) is presently 423.
53%. Blue 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. See Also 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.
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