Blue Owl Capital Inc. (NYSE:OWL) Stock Holdings Lessened by Regents of The University of California

Regents of The University of California lowered its position in Blue Owl Capital Inc. (NYSE:OWL) by 25.0% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 5,991,575 shares of the company’s stock after selling 1,997,192 shares during the period. Blue Owl Capital accounts for approximately 43.2% of Regents of The University of California’s portfolio, making the stock its 2nd biggest holding. Regents of The University of California owned approximately 0.40% of Blue Owl Capital worth $139,364,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its holdings in Blue Owl Capital by 43.3% in the 4th quarter. Allworth Financial LP now owns 1,416 shares of the company’s stock valued at $36,000 after purchasing an additional 428 shares in the last quarter. Versant Capital Management Inc lifted its holdings in Blue Owl Capital by 136.2% in the 4th quarter. Versant Capital Management Inc now owns 1,925 shares of the company’s stock valued at $45,000 after purchasing an additional 1,110 shares in the last quarter. Principal Securities Inc. lifted its holdings in Blue Owl Capital by 30.6% in the 4th quarter. Principal Securities Inc. now owns 1,921 shares of the company’s stock valued at $45,000 after purchasing an additional 450 shares in the last quarter. Blue Trust Inc. lifted its holdings in Blue Owl Capital by 182.2% in the 4th quarter. Blue Trust Inc. now owns 2,029 shares of the company’s stock valued at $47,000 after purchasing an additional 1,310 shares in the last quarter. Finally, Copeland Capital Management LLC purchased a new position in shares of Blue Owl Capital during the 4th quarter worth $103,000. Hedge funds and other institutional investors own 35.85% of the company’s stock.

Blue Owl Capital Price Performance

NYSE OWL opened at $21.54 on Friday. The company has a market cap of $32.16 billion, a P/E ratio of 126.68, a P/E/G ratio of 1.23 and a beta of 1.15. The stock has a 50-day moving average of $23.79 and a two-hundred day moving average of $21.93. Blue Owl Capital Inc. has a 1-year low of $15.18 and a 1-year high of $26.73.

Blue Owl Capital (NYSE:OWL) last released its earnings results on Thursday, February 6th. The company reported $0.21 earnings per share for the quarter, meeting the consensus estimate of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. On average, analysts anticipate 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. Stockholders of record on Wednesday, February 19th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 3.34%. The ex-dividend date of this dividend was Wednesday, February 19th. Blue Owl Capital’s payout ratio is presently 423.53%.

Analyst Ratings Changes

OWL has been the topic of several analyst reports. Evercore ISI lifted their price target on Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Friday, January 17th. Wells Fargo & Company reduced their price target on Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. TD Cowen upgraded 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 report on Thursday, January 16th. JMP Securities reiterated a “market outperform” rating and set a $32.00 price target (up previously from $30.00) on shares of Blue Owl Capital in a report on Friday, February 7th. Finally, The Goldman Sachs Group lowered Blue Owl Capital from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $25.00 to $24.75 in a report on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to MarketBeat.com, Blue Owl Capital currently has a consensus rating of “Moderate Buy” and an average price target of $26.48.

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.