Blue Owl Capital (NYSE:OWL) PT Raised to $21.00 at Deutsche Bank Aktiengesellschaft

Blue Owl Capital (NYSE:OWL) had its target price lifted by research analysts at Deutsche Bank Aktiengesellschaft from $20.00 to $21.00 in a report released on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 14.88% from the company’s current price.

A number of other equities analysts also recently weighed in on OWL. TD Cowen initiated coverage on shares of Blue Owl Capital in a research note on Thursday, January 4th. They issued an “outperform” rating and a $17.00 target price for the company. Piper Sandler boosted their target price on shares of Blue Owl Capital from $22.00 to $23.00 and gave the stock an “overweight” rating in a research note on Wednesday, April 10th. The Goldman Sachs Group boosted their target price on shares of Blue Owl Capital from $17.75 to $20.25 and gave the stock a “buy” rating in a research note on Monday, February 12th. JMP Securities reaffirmed a “market outperform” rating and issued a $24.00 target price on shares of Blue Owl Capital in a research note on Tuesday, April 9th. Finally, Evercore ISI boosted their target price on shares of Blue Owl Capital from $18.00 to $22.00 and gave the stock an “outperform” rating in a research note on Thursday, April 4th. Two equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, Blue Owl Capital currently has a consensus rating of “Moderate Buy” and an average price target of $19.48.

Blue Owl Capital Stock Down 0.5 %

Shares of OWL stock opened at $18.28 on Thursday. Blue Owl Capital has a 12-month low of $9.70 and a 12-month high of $19.87. The company has a market capitalization of $26.12 billion, a P/E ratio of 182.82, a P/E/G ratio of 1.19 and a beta of 1.27. The firm has a 50-day moving average price of $18.18 and a 200 day moving average price of $15.51.

Blue Owl Capital (NYSE:OWL) last announced its quarterly earnings results on Friday, February 9th. The company reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. Blue Owl Capital had a net margin of 3.14% and a return on equity of 17.31%. The firm had revenue of $494.04 million during the quarter, compared to the consensus estimate of $438.77 million. During the same period last year, the firm posted $0.15 EPS. As a group, research analysts expect that Blue Owl Capital will post 0.84 earnings per share for the current year.

Insider Transactions at Blue Owl Capital

In related news, major shareholder Path Solutions 2020 L.P Glide sold 4,500,000 shares of the business’s stock in a transaction that occurred on Monday, January 29th. The shares were sold at an average price of $15.81, for a total transaction of $71,145,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 33.39% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. M&T Bank Corp grew its holdings in Blue Owl Capital by 7.0% during the fourth quarter. M&T Bank Corp now owns 11,512 shares of the company’s stock valued at $172,000 after purchasing an additional 753 shares during the period. AQR Capital Management LLC grew its holdings in Blue Owl Capital by 5.1% during the fourth quarter. AQR Capital Management LLC now owns 16,987 shares of the company’s stock valued at $180,000 after purchasing an additional 831 shares during the period. Treasurer of the State of North Carolina grew its holdings in Blue Owl Capital by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 196,246 shares of the company’s stock valued at $2,543,000 after purchasing an additional 990 shares during the period. Utah Retirement Systems grew its holdings in Blue Owl Capital by 4.7% during the fourth quarter. Utah Retirement Systems now owns 22,300 shares of the company’s stock valued at $236,000 after purchasing an additional 1,000 shares during the period. Finally, Salem Investment Counselors Inc. lifted its stake in Blue Owl Capital by 58.0% in the fourth quarter. Salem Investment Counselors Inc. now owns 3,159 shares of the company’s stock valued at $47,000 after buying an additional 1,159 shares in the last quarter. Institutional investors and hedge funds own 35.85% of the company’s stock.

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.