Janney Montgomery Scott LLC Boosts Holdings in Blue Owl Capital Inc. (NYSE:OWL)

Janney Montgomery Scott LLC grew its stake in shares of Blue Owl Capital Inc. (NYSE:OWL) by 8.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,319 shares of the company’s stock after buying an additional 5,985 shares during the period. Janney Montgomery Scott LLC’s holdings in Blue Owl Capital were worth $1,752,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. SG Americas Securities LLC boosted its holdings in shares of Blue Owl Capital by 118.7% during the 4th quarter. SG Americas Securities LLC now owns 21,777 shares of the company’s stock valued at $507,000 after purchasing an additional 11,818 shares during the last quarter. Dakota Wealth Management purchased a new stake in Blue Owl Capital in the 4th quarter worth about $215,000. Perfromance Wealth Partners LLC bought a new position in shares of Blue Owl Capital during the fourth quarter valued at approximately $2,721,000. Ameritas Advisory Services LLC bought a new position in Blue Owl Capital in the 4th quarter valued at $473,000. Finally, Merit Financial Group LLC bought a new stake in shares of Blue Owl Capital during the fourth quarter valued at approximately $519,000. Institutional investors own 35.85% of the company’s stock.

Blue Owl Capital Trading Up 0.9 %

Shares of NYSE OWL opened at $26.05 on Monday. The stock has a market cap of $38.91 billion, a P/E ratio of 153.24, a PEG ratio of 1.39 and a beta of 1.14. The business’s fifty day simple moving average is $23.98 and its 200-day simple moving average is $21.26. 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 announced its quarterly earnings data on Thursday, October 31st. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. The business 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 last year, the business posted $0.16 EPS. On average, equities analysts forecast that Blue Owl Capital Inc. will post 0.78 EPS for the current fiscal year.

Analyst Ratings Changes

OWL has been the subject of several recent research reports. The Goldman Sachs Group lowered Blue Owl Capital from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $25.00 to $24.75 in a research report on Monday, January 6th. Piper Sandler increased their price target on shares of Blue Owl Capital from $25.00 to $27.00 and gave the stock an “overweight” rating in a report on Monday, December 23rd. Oppenheimer boosted their price objective on Blue Owl Capital from $24.00 to $28.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Citigroup reiterated a “buy” rating and issued a $30.00 price objective on shares of Blue Owl Capital in a research report on Thursday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on shares of Blue Owl Capital from $23.00 to $24.00 and gave the company a “buy” rating in a research note on Friday, November 1st. Four equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $25.85.

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.