Blue Owl Capital Inc. (NYSE:OWL) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Blue Owl Capital Inc. (NYSE:OWL) have been assigned a consensus rating of “Moderate Buy” from the thirteen analysts that are currently covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $26.48.

OWL has been the topic of a number of analyst reports. The Goldman Sachs Group lowered shares of Blue Owl Capital from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $25.00 to $24.75 in a report on Monday, January 6th. TD Cowen upgraded shares of Blue Owl Capital from a “hold” rating to a “buy” rating and lifted their price target for the stock from $26.00 to $28.00 in a research note on Thursday, January 16th. Oppenheimer lifted their price target on shares of Blue Owl Capital from $24.00 to $28.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. Barclays assumed coverage on shares of Blue Owl Capital in a research note on Monday, February 24th. They set an “overweight” rating and a $29.00 price target on the stock. Finally, Piper Sandler lifted their price target on shares of Blue Owl Capital from $25.00 to $27.00 and gave the stock an “overweight” rating in a research note on Monday, December 23rd.

Blue Owl Capital Trading Down 5.2 %

Shares of OWL opened at $19.75 on Wednesday. Blue Owl Capital has a twelve month low of $15.18 and a twelve month high of $26.73. The firm’s fifty day simple moving average is $23.65 and its 200-day simple moving average is $22.03. The firm has a market capitalization of $30.38 billion, a price-to-earnings ratio of 116.20, a PEG ratio of 1.23 and a beta of 1.15.

Blue Owl Capital (NYSE:OWL) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.21 earnings per share 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%. On average, analysts predict that Blue Owl Capital will post 0.92 earnings per share for the current fiscal year.

Blue Owl Capital Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th were given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 3.65%. The ex-dividend date was Wednesday, February 19th. Blue Owl Capital’s payout ratio is currently 423.53%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of OWL. Rakuten Securities Inc. purchased a new stake in shares of Blue Owl Capital in the fourth quarter valued at about $27,000. Allworth Financial LP boosted its holdings in shares of Blue Owl Capital by 43.3% in the fourth quarter. Allworth Financial LP now owns 1,416 shares of the company’s stock valued at $36,000 after acquiring an additional 428 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Blue Owl Capital by 232.7% in the fourth quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company’s stock valued at $44,000 after acquiring an additional 1,315 shares in the last quarter. Versant Capital Management Inc boosted its holdings in shares of Blue Owl Capital by 136.2% in the fourth quarter. Versant Capital Management Inc now owns 1,925 shares of the company’s stock valued at $45,000 after acquiring an additional 1,110 shares in the last quarter. Finally, Principal Securities Inc. boosted its holdings in shares of Blue Owl Capital by 30.6% in the fourth quarter. Principal Securities Inc. now owns 1,921 shares of the company’s stock valued at $45,000 after acquiring an additional 450 shares in the last quarter. 35.85% of the stock is owned by hedge funds and other institutional investors.

Blue Owl Capital Company Profile

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.