14,760 Shares in Blue Owl Capital Co. (NYSE:OBDC) Bought by International Assets Investment Management LLC

International Assets Investment Management LLC acquired a new position in shares of Blue Owl Capital Co. (NYSE:OBDC) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 14,760 shares of the company’s stock, valued at approximately $2,180,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GPS Wealth Strategies Group LLC acquired a new position in Blue Owl Capital during the fourth quarter worth $41,000. CVA Family Office LLC purchased a new position in Blue Owl Capital during the fourth quarter worth $61,000. Register Financial Advisors LLC purchased a new position in Blue Owl Capital during the fourth quarter worth $64,000. Global Strategic Investment Solutions LLC purchased a new position in Blue Owl Capital during the fourth quarter worth $154,000. Finally, Good Life Advisors LLC purchased a new position in Blue Owl Capital during the fourth quarter worth $168,000. 42.83% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. B. Riley downgraded Blue Owl Capital from a “buy” rating to a “neutral” rating and set a $15.50 price target for the company. in a research report on Monday, January 8th. JMP Securities reissued a “market outperform” rating and set a $16.00 price target on shares of Blue Owl Capital in a research report on Tuesday, March 26th. Finally, Wells Fargo & Company lifted their price objective on Blue Owl Capital from $13.00 to $14.50 and gave the company an “underweight” rating in a research report on Monday, January 29th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $15.50.

Insider Buying and Selling at Blue Owl Capital

In other news, Director Edward H. Dalelio purchased 3,000 shares of the stock in a transaction on Tuesday, March 5th. The stock was purchased at an average price of $15.07 per share, with a total value of $45,210.00. Following the completion of the transaction, the director now owns 6,217 shares in the company, valued at $93,690.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.12% of the stock is owned by company insiders.

Blue Owl Capital Price Performance

Shares of NYSE:OBDC opened at $15.55 on Friday. The company has a market cap of $6.06 billion, a P/E ratio of 7.66 and a beta of 0.91. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.18. Blue Owl Capital Co. has a 52 week low of $12.20 and a 52 week high of $15.83. The business has a fifty day simple moving average of $15.22 and a 200-day simple moving average of $14.72.

Blue Owl Capital (NYSE:OBDC) last announced its quarterly earnings data on Wednesday, February 21st. The company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.48 by $0.03. The business had revenue of $411.23 million during the quarter, compared to the consensus estimate of $397.42 million. Blue Owl Capital had a return on equity of 12.62% and a net margin of 50.14%. Equities research analysts forecast that Blue Owl Capital Co. will post 1.9 EPS for the current year.

Blue Owl Capital Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date was Thursday, February 29th. Blue Owl Capital’s dividend payout ratio (DPR) is presently 68.97%.

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.