20,957 Shares in Blue Owl Capital Inc. (NYSE:OWL) Bought by Proficio Capital Partners LLC

Proficio Capital Partners LLC acquired a new stake in Blue Owl Capital Inc. (NYSE:OWL) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm acquired 20,957 shares of the company’s stock, valued at approximately $487,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Rothschild Investment LLC boosted its stake in shares of Blue Owl Capital by 316.1% in the 4th quarter. Rothschild Investment LLC now owns 33,955 shares of the company’s stock valued at $790,000 after purchasing an additional 25,795 shares in the last quarter. JPMorgan Chase & Co. boosted its position in Blue Owl Capital by 17.9% in the third quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company’s stock valued at $174,829,000 after buying an additional 1,372,865 shares in the last quarter. Princeton Global Asset Management LLC bought a new stake in shares of Blue Owl Capital during the fourth quarter worth $1,773,000. Charles Schwab Investment Management Inc. increased its holdings in shares of Blue Owl Capital by 3.2% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,447,057 shares of the company’s stock worth $80,179,000 after buying an additional 106,485 shares in the last quarter. Finally, Capital CS Group LLC bought a new position in shares of Blue Owl Capital in the 4th quarter valued at $620,000. Institutional investors own 35.85% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Barclays assumed coverage on Blue Owl Capital in a research report on Monday, February 24th. They set an “overweight” rating and a $29.00 price objective on the stock. Oppenheimer boosted their price target on Blue Owl Capital from $24.00 to $28.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Keefe, Bruyette & Woods raised their price objective on shares of Blue Owl Capital from $22.00 to $26.00 and gave the company a “market perform” rating in a report on Friday, December 20th. Wells Fargo & Company cut their target price on shares of Blue Owl Capital from $24.00 to $22.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 20th. Finally, Evercore ISI upped their price target on shares of Blue Owl Capital from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, January 17th. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $26.33.

Blue Owl Capital Stock Up 4.9 %

OWL opened at $21.66 on Tuesday. The stock has a market cap of $33.31 billion, a PE ratio of 127.43, a price-to-earnings-growth ratio of 1.23 and a beta of 1.19. Blue Owl Capital Inc. has a twelve month low of $15.18 and a twelve month high of $26.73. The company has a fifty day moving average of $22.65 and a 200-day moving average of $22.27.

Blue Owl Capital (NYSE:OWL) last issued its quarterly earnings results on Thursday, February 6th. The company reported $0.21 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. Sell-side analysts anticipate that Blue Owl Capital Inc. will post 0.92 EPS for the current fiscal 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. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.72 dividend on an annualized basis and a yield of 3.32%. Blue Owl Capital’s payout ratio 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.