9,264 Shares in Blue Owl Capital Inc. (NYSE:OWL) Bought by Dakota Wealth Management

Dakota Wealth Management bought a new position in shares of Blue Owl Capital Inc. (NYSE:OWLFree Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 9,264 shares of the company’s stock, valued at approximately $215,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Kovitz Investment Group Partners LLC grew its stake in Blue Owl Capital by 1.4% during the 3rd quarter. Kovitz Investment Group Partners LLC now owns 32,852 shares of the company’s stock worth $622,000 after buying an additional 443 shares during the last quarter. Miracle Mile Advisors LLC grew its stake in Blue Owl Capital by 4.1% during the 4th quarter. Miracle Mile Advisors LLC now owns 12,289 shares of the company’s stock valued at $286,000 after purchasing an additional 479 shares during the last quarter. King Luther Capital Management Corp grew its stake in Blue Owl Capital by 0.6% during the 3rd quarter. King Luther Capital Management Corp now owns 79,919 shares of the company’s stock valued at $1,547,000 after purchasing an additional 485 shares during the last quarter. Apollon Wealth Management LLC grew its stake in Blue Owl Capital by 1.1% during the 3rd quarter. Apollon Wealth Management LLC now owns 52,097 shares of the company’s stock valued at $1,009,000 after purchasing an additional 565 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its stake in Blue Owl Capital by 0.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 95,623 shares of the company’s stock valued at $1,851,000 after purchasing an additional 575 shares during the last quarter. 35.85% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have weighed in on the company. UBS Group boosted their price target on Blue Owl Capital from $20.00 to $27.00 and gave the company a “buy” rating in a research note on Tuesday, October 22nd. Piper Sandler boosted their price target on Blue Owl Capital from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Monday, December 23rd. Citigroup reissued a “buy” rating and issued a $30.00 price objective on shares of Blue Owl Capital in a report on Thursday. Wells Fargo & Company decreased their price objective on Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating for the company in a report on Tuesday, January 14th. Finally, Evercore ISI boosted their price objective on Blue Owl Capital from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Friday, January 17th. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $25.85.

Check Out Our Latest Analysis on Blue Owl Capital

Blue Owl Capital Trading Up 2.5 %

NYSE OWL opened at $26.68 on Monday. The stock has a market capitalization of $39.85 billion, a price-to-earnings ratio of 156.97, a PEG ratio of 1.39 and a beta of 1.14. Blue Owl Capital Inc. has a twelve month low of $15.18 and a twelve month high of $26.73. The stock has a 50-day moving average of $23.79 and a 200 day moving average of $20.99.

Blue Owl Capital (NYSE:OWLGet Free Report) last released its quarterly earnings results on Thursday, October 31st. The company reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. The company had revenue of $600.88 million during the quarter, compared to analysts’ expectations of $565.93 million. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. During the same quarter in the prior year, the firm posted $0.16 EPS. Equities analysts predict that Blue Owl Capital Inc. will post 0.78 EPS for the current fiscal year.

Blue Owl Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 11th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, November 11th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 2.70%. Blue Owl Capital’s payout ratio is currently 423.55%.

Blue Owl Capital Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Blue Owl Capital (NYSE:OWL)

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