O Shaughnessy Asset Management LLC Grows Stock Holdings in Blue Owl Capital Co. (NYSE:OBDC)

O Shaughnessy Asset Management LLC raised its stake in Blue Owl Capital Co. (NYSE:OBDC) by 44.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 47,008 shares of the company’s stock after buying an additional 14,479 shares during the period. O Shaughnessy Asset Management LLC’s holdings in Blue Owl Capital were worth $711,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Atria Wealth Solutions Inc. raised its holdings in Blue Owl Capital by 1.1% during the fourth quarter. Atria Wealth Solutions Inc. now owns 65,873 shares of the company’s stock worth $1,014,000 after purchasing an additional 685 shares during the last quarter. Amplius Wealth Advisors LLC raised its stake in shares of Blue Owl Capital by 1.8% during the 4th quarter. Amplius Wealth Advisors LLC now owns 40,687 shares of the company’s stock worth $615,000 after buying an additional 702 shares during the last quarter. Channel Wealth LLC boosted its position in shares of Blue Owl Capital by 1.9% in the 4th quarter. Channel Wealth LLC now owns 44,500 shares of the company’s stock worth $673,000 after buying an additional 823 shares in the last quarter. Blue Trust Inc. grew its stake in Blue Owl Capital by 9.5% in the 4th quarter. Blue Trust Inc. now owns 15,261 shares of the company’s stock valued at $222,000 after acquiring an additional 1,321 shares during the last quarter. Finally, Csenge Advisory Group increased its holdings in Blue Owl Capital by 2.6% during the 4th quarter. Csenge Advisory Group now owns 55,064 shares of the company’s stock valued at $833,000 after acquiring an additional 1,373 shares in the last quarter. Hedge funds and other institutional investors own 42.83% of the company’s stock.

Wall Street Analyst Weigh In

OBDC has been the topic of several recent research reports. JMP Securities reaffirmed an “outperform” rating on shares of Blue Owl Capital in a report on Tuesday, February 4th. Wells Fargo & Company upgraded Blue Owl Capital from an “underweight” rating to an “equal weight” rating and increased their target price for the company from $14.00 to $15.00 in a report on Monday, March 17th. Keefe, Bruyette & Woods cut their price target on Blue Owl Capital from $15.10 to $14.50 and set a “market perform” rating for the company in a report on Tuesday. Finally, Citizens Jmp raised Blue Owl Capital to a “strong-buy” rating in a research note on Monday, February 3rd. Three equities research analysts have rated the stock with a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $16.25.

Insider Buying and Selling at Blue Owl Capital

In other news, Director Chris Temple bought 15,000 shares of Blue Owl Capital stock in a transaction that occurred on Thursday, March 6th. The shares were purchased at an average price of $14.80 per share, for a total transaction of $222,000.00. Following the completion of the acquisition, the director now owns 51,000 shares of the company’s stock, valued at $754,800. The trade was a 41.67 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.12% of the stock is owned by company insiders.

Blue Owl Capital Price Performance

OBDC stock opened at $12.47 on Wednesday. The stock has a market capitalization of $6.37 billion, a price-to-earnings ratio of 8.15 and a beta of 0.73. The stock’s fifty day simple moving average is $14.86 and its 200-day simple moving average is $14.97. Blue Owl Capital Co. has a 52-week low of $12.32 and a 52-week high of $16.91. The company has a quick ratio of 1.28, a current ratio of 1.19 and a debt-to-equity ratio of 1.25.

Blue Owl Capital (NYSE:OBDC) last posted its quarterly earnings results on Wednesday, February 19th. The company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.46 by $0.01. The company had revenue of $394.39 million during the quarter, compared to analysts’ expectations of $395.24 million. Blue Owl Capital had a return on equity of 12.38% and a net margin of 37.26%. Equities research analysts expect that Blue Owl Capital Co. will post 1.71 EPS for the current year.

Blue Owl Capital Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 1.60%. The ex-dividend date of this dividend is Monday, March 31st. Blue Owl Capital’s dividend payout ratio is currently 96.73%.

Blue Owl Capital 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.