180,758 Shares in Blue Owl Capital Inc. (NYSE:OWL) Bought by Susquehanna Fundamental Investments LLC

Susquehanna Fundamental Investments LLC acquired a new stake in Blue Owl Capital Inc. (NYSE:OWL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 180,758 shares of the company’s stock, valued at approximately $3,208,000.

A number of other large investors also recently bought and sold shares of OWL. Norges Bank purchased a new stake in shares of Blue Owl Capital in the fourth quarter valued at approximately $10,271,000. UBS Group AG boosted its position in shares of Blue Owl Capital by 205.0% during the 4th quarter. UBS Group AG now owns 758,730 shares of the company’s stock worth $11,305,000 after purchasing an additional 509,950 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Blue Owl Capital by 12.1% during the 4th quarter. Wells Fargo & Company MN now owns 715,309 shares of the company’s stock worth $10,658,000 after purchasing an additional 76,935 shares during the period. Hsbc Holdings PLC purchased a new position in shares of Blue Owl Capital in the 4th quarter valued at about $1,589,000. Finally, Steward Partners Investment Advisory LLC lifted its stake in shares of Blue Owl Capital by 18.8% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 55,808 shares of the company’s stock valued at $832,000 after purchasing an additional 8,822 shares during the period. Hedge funds and other institutional investors own 35.85% of the company’s stock.

Blue Owl Capital Stock Performance

Shares of NYSE OWL opened at $19.24 on Monday. Blue Owl Capital Inc. has a 1 year low of $12.11 and a 1 year high of $20.13. The stock’s 50-day simple moving average is $17.82 and its 200-day simple moving average is $18.10. The firm has a market cap of $27.49 billion, a price-to-earnings ratio of 160.33, a PEG ratio of 1.19 and a beta of 1.17.

Blue Owl Capital (NYSE:OWL) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. The firm had revenue of $549.85 million during the quarter, compared to analyst estimates of $507.22 million. Blue Owl Capital had a return on equity of 19.15% and a net margin of 4.64%. During the same period in the previous year, the company earned $0.16 earnings per share. As a group, research analysts predict that Blue Owl Capital Inc. will post 0.79 EPS for the current year.

Blue Owl Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 21st were paid a dividend of $0.18 per share. The ex-dividend date was Wednesday, August 21st. This represents a $0.72 dividend on an annualized basis and a yield of 3.74%. Blue Owl Capital’s payout ratio is currently 600.00%.

Wall Street Analysts Forecast Growth

OWL has been the subject of a number of research reports. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Blue Owl Capital from $21.00 to $20.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Wells Fargo & Company assumed coverage on Blue Owl Capital in a research report on Thursday, September 12th. They set an “equal weight” rating and a $18.50 target price on the stock. JPMorgan Chase & Co. restated a “neutral” rating and issued a $18.50 price target on shares of Blue Owl Capital in a research report on Thursday, June 13th. Oppenheimer upgraded shares of Blue Owl Capital from a “market perform” rating to an “outperform” rating and set a $21.00 price objective on the stock in a research report on Friday, August 2nd. Finally, TD Cowen restated a “hold” rating and set a $19.00 target price (down from $21.50) on shares of Blue Owl Capital in a report on Monday, July 8th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $20.10.

Blue Owl Capital 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.