Sanctuary Advisors LLC Has $1.66 Million Stock Position in Blue Owl Capital Inc. (NYSE:OWL)

Sanctuary Advisors LLC lessened its holdings in Blue Owl Capital Inc. (NYSE:OWL) by 15.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 64,195 shares of the company’s stock after selling 11,674 shares during the period. Sanctuary Advisors LLC’s holdings in Blue Owl Capital were worth $1,657,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of OWL. FMR LLC lifted its position in shares of Blue Owl Capital by 29.9% in the third quarter. FMR LLC now owns 35,324,089 shares of the company’s stock worth $683,874,000 after buying an additional 8,138,475 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of Blue Owl Capital by 17.9% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company’s stock valued at $174,829,000 after acquiring an additional 1,372,865 shares in the last quarter. State Street Corp lifted its holdings in Blue Owl Capital by 5.6% in the 3rd quarter. State Street Corp now owns 8,452,073 shares of the company’s stock worth $163,632,000 after purchasing an additional 449,066 shares during the last quarter. Geode Capital Management LLC boosted its position in Blue Owl Capital by 14.2% during the third quarter. Geode Capital Management LLC now owns 8,152,157 shares of the company’s stock worth $157,870,000 after purchasing an additional 1,016,505 shares during the period. Finally, Westfield Capital Management Co. LP grew its holdings in Blue Owl Capital by 4.6% during the third quarter. Westfield Capital Management Co. LP now owns 6,736,287 shares of the company’s stock valued at $130,415,000 after purchasing an additional 293,221 shares during the last quarter. 35.85% of the stock is currently owned by institutional investors.

Blue Owl Capital Trading Down 1.6 %

Shares of NYSE:OWL opened at $21.79 on Tuesday. The firm has a market capitalization of $32.54 billion, a PE ratio of 128.16, a PEG ratio of 1.23 and a beta of 1.15. Blue Owl Capital Inc. has a 1-year low of $15.18 and a 1-year high of $26.73. The business’s 50 day moving average is $23.95 and its 200-day moving average is $21.88.

Blue Owl Capital (NYSE:OWL) last posted 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 net margin of 4.77% and a return on equity of 20.82%. On average, sell-side analysts predict that Blue Owl Capital Inc. will post 0.92 EPS for the current year.

Blue Owl Capital Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Wednesday, February 19th will be given a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 3.30%. The ex-dividend date of this dividend is Wednesday, February 19th. Blue Owl Capital’s dividend payout ratio (DPR) is presently 423.55%.

Analyst Upgrades and Downgrades

OWL has been the subject of a number of analyst reports. Evercore ISI boosted their price objective on shares of Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Friday, January 17th. Wells Fargo & Company decreased their price target on shares of 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. Citigroup reiterated a “buy” rating and issued a $30.00 price objective on shares of Blue Owl Capital in a research note on Thursday, January 23rd. The Goldman Sachs Group cut Blue Owl Capital from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $25.00 to $24.75 in a research report on Monday, January 6th. Finally, JMP Securities reaffirmed a “market outperform” rating and issued a $32.00 target price (up previously from $30.00) on shares of Blue Owl Capital in a report on Friday, February 7th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, Blue Owl Capital presently has an average rating of “Moderate Buy” and a consensus price target of $26.48.

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.