Atria Investments Inc Has $325,000 Holdings in Blue Owl Capital Inc. (NYSE:OWL)

Atria Investments Inc decreased its position in Blue Owl Capital Inc. (NYSE:OWL) by 13.9% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 13,973 shares of the company’s stock after selling 2,249 shares during the period. Atria Investments Inc’s holdings in Blue Owl Capital were worth $325,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its holdings in shares of Blue Owl Capital by 43.3% in the fourth quarter. Allworth Financial LP now owns 1,416 shares of the company’s stock valued at $36,000 after purchasing an additional 428 shares in the last quarter. Jones Financial Companies Lllp raised its position in Blue Owl Capital by 232.7% during the fourth quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company’s stock valued at $44,000 after buying an additional 1,315 shares during the period. Versant Capital Management Inc lifted its stake in Blue Owl Capital by 136.2% in the 4th quarter. Versant Capital Management Inc now owns 1,925 shares of the company’s stock worth $45,000 after acquiring an additional 1,110 shares in the last quarter. Principal Securities Inc. boosted its position in Blue Owl Capital by 30.6% during the 4th quarter. Principal Securities Inc. now owns 1,921 shares of the company’s stock worth $45,000 after acquiring an additional 450 shares during the period. Finally, Blue Trust Inc. grew its stake in Blue Owl Capital by 182.2% during the 4th quarter. Blue Trust Inc. now owns 2,029 shares of the company’s stock valued at $47,000 after acquiring an additional 1,310 shares in the last quarter. 35.85% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently issued reports on OWL. Keefe, Bruyette & Woods increased their price target on shares of Blue Owl Capital from $22.00 to $26.00 and gave the stock a “market perform” rating in a research report on Friday, December 20th. Piper Sandler lifted their target price on shares of Blue Owl Capital from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Monday, December 23rd. The Goldman Sachs Group cut shares of Blue Owl Capital from a “buy” rating to a “neutral” rating and lowered their price target for the company from $25.00 to $24.75 in a report on Monday, January 6th. TD Cowen upgraded Blue Owl Capital from a “hold” rating to a “buy” rating and increased their price objective for the stock from $26.00 to $28.00 in a report on Thursday, January 16th. Finally, JMP Securities restated a “market outperform” rating and issued a $32.00 target price (up previously from $30.00) on shares of Blue Owl Capital in a research note on Friday, February 7th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $26.48.

Blue Owl Capital Price Performance

Shares of NYSE:OWL opened at $19.90 on Tuesday. The stock has a market capitalization of $30.60 billion, a P/E ratio of 117.04, a P/E/G ratio of 1.23 and a beta of 1.19. The business has a 50-day moving average of $22.86 and a two-hundred day moving average of $22.14. Blue Owl Capital Inc. has a fifty-two week low of $15.18 and a fifty-two week high of $26.73.

Blue Owl Capital (NYSE:OWL) last announced its earnings results on Thursday, February 6th. The company reported $0.21 earnings per share (EPS) 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%. As a group, research analysts expect that Blue Owl Capital Inc. will post 0.92 EPS for the current fiscal year.

Blue Owl Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 19th were issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 3.62%. The ex-dividend date was Wednesday, February 19th. Blue Owl Capital’s dividend 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.