Insigneo Advisory Services LLC Has $346,000 Stock Position in Blue Owl Capital Inc. (NYSE:OWL)

Insigneo Advisory Services LLC boosted its stake in Blue Owl Capital Inc. (NYSE:OWL) by 19.0% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,878 shares of the company’s stock after buying an additional 2,373 shares during the quarter. Insigneo Advisory Services LLC’s holdings in Blue Owl Capital were worth $346,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Rothschild Investment LLC raised its stake in Blue Owl Capital by 316.1% during the 4th quarter. Rothschild Investment LLC now owns 33,955 shares of the company’s stock valued at $790,000 after purchasing an additional 25,795 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Blue Owl Capital by 17.9% in the third quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company’s stock valued at $174,829,000 after acquiring an additional 1,372,865 shares during the last quarter. Arizona State Retirement System boosted its stake in Blue Owl Capital by 14.7% in the fourth quarter. Arizona State Retirement System now owns 154,708 shares of the company’s stock worth $3,599,000 after purchasing an additional 19,810 shares in the last quarter. Princeton Global Asset Management LLC acquired a new position in Blue Owl Capital during the 4th quarter worth about $1,773,000. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Blue Owl Capital by 3.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,447,057 shares of the company’s stock worth $80,179,000 after purchasing an additional 106,485 shares in the last quarter. 35.85% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on OWL. Oppenheimer set a $24.00 price target on Blue Owl Capital and gave the stock an “outperform” rating in a research report on Wednesday. Cfra Research raised shares of Blue Owl Capital to a “moderate buy” rating in a research report on Thursday, March 27th. Evercore ISI boosted their target price on 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 cut their price target on shares of Blue Owl Capital from $32.00 to $28.00 and set a “market outperform” rating on the stock in a research report on Tuesday, April 8th. Finally, Keefe, Bruyette & Woods increased their price objective on Blue Owl Capital from $22.00 to $26.00 and gave the company a “market perform” rating in a report on Friday, December 20th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $23.79.

Blue Owl Capital Price Performance

Shares of NYSE:OWL opened at $17.44 on Friday. Blue Owl Capital Inc. has a 1 year low of $14.55 and a 1 year high of $26.73. The business has a fifty day moving average price of $19.95 and a two-hundred day moving average price of $22.20. The company has a market capitalization of $26.81 billion, a PE ratio of 102.56, a price-to-earnings-growth ratio of 1.23 and a beta of 1.20.

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, 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%. Sell-side analysts anticipate that Blue Owl Capital Inc. will post 0.92 earnings per share for the current year.

Blue Owl Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 19th were given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 4.13%. The ex-dividend date of this dividend was Wednesday, February 19th. Blue Owl Capital’s dividend payout ratio (DPR) is 423.53%.

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.