Blue Owl Capital Inc. (NYSE:OWL) Stake Raised by Jones Financial Companies Lllp

Jones Financial Companies Lllp increased its holdings in Blue Owl Capital Inc. (NYSE:OWL) by 232.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,880 shares of the company’s stock after acquiring an additional 1,315 shares during the period. Jones Financial Companies Lllp’s holdings in Blue Owl Capital were worth $44,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of OWL. Rothschild Investment LLC raised its stake in shares of Blue Owl Capital by 316.1% during the 4th quarter. Rothschild Investment LLC now owns 33,955 shares of the company’s stock worth $790,000 after purchasing an additional 25,795 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Blue Owl Capital by 17.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company’s stock worth $174,829,000 after purchasing an additional 1,372,865 shares in the last quarter. Princeton Global Asset Management LLC purchased a new stake in shares of Blue Owl Capital during the 4th quarter worth about $1,773,000. Westfield Capital Management Co. LP raised its stake in shares of Blue Owl Capital by 4.6% during the 3rd quarter. Westfield Capital Management Co. LP now owns 6,736,287 shares of the company’s stock worth $130,415,000 after purchasing an additional 293,221 shares in the last quarter. Finally, Capital CS Group LLC purchased a new stake in shares of Blue Owl Capital during the 4th quarter worth about $620,000. 35.85% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Evercore ISI raised their price target on Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Friday, January 17th. TD Cowen raised Blue Owl Capital from a “hold” rating to a “buy” rating and raised their price target for the stock from $26.00 to $28.00 in a research note on Thursday, January 16th. JMP Securities reaffirmed a “market outperform” rating and set a $32.00 price target (up from $30.00) on shares of Blue Owl Capital in a research note on Friday, February 7th. Piper Sandler raised their price objective 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. Finally, Oppenheimer raised their price objective on Blue Owl Capital from $24.00 to $28.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $26.48.

Blue Owl Capital Stock Down 0.2 %

OWL opened at $19.85 on Wednesday. The firm has a market capitalization of $30.52 billion, a P/E ratio of 116.75, a price-to-earnings-growth ratio of 1.23 and a beta of 1.19. The stock’s 50 day moving average price is $22.80 and its two-hundred day moving average price is $22.15. Blue Owl Capital Inc. has a 12-month low of $15.18 and a 12-month 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 (EPS) for the quarter, meeting analysts’ consensus estimates of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. As a group, analysts anticipate that Blue Owl Capital Inc. will post 0.92 earnings per share for the current year.

Blue Owl Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th were issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 3.63%. The ex-dividend date was Wednesday, February 19th. Blue Owl Capital’s dividend payout ratio (DPR) is currently 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.