XTX Topco Ltd Acquires New Position in Blue Owl Capital Inc. (NYSE:OWL)

XTX Topco Ltd bought a new stake in Blue Owl Capital Inc. (NYSE:OWL - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 17,948 shares of the company's stock, valued at approximately $417,000.

Several other large investors also recently bought and sold shares of the business. Vanguard Group Inc. increased its position in shares of Blue Owl Capital by 11.7% during the 4th quarter. Vanguard Group Inc. now owns 53,206,392 shares of the company's stock valued at $1,237,581,000 after purchasing an additional 5,558,868 shares during the last quarter. FMR LLC raised its stake in shares of Blue Owl Capital by 28.1% in the fourth quarter. FMR LLC now owns 45,241,160 shares of the company's stock valued at $1,052,309,000 after acquiring an additional 9,917,071 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Blue Owl Capital by 2.4% during the 4th quarter. JPMorgan Chase & Co. now owns 9,248,983 shares of the company's stock worth $215,131,000 after purchasing an additional 218,586 shares during the period. Geode Capital Management LLC grew its holdings in Blue Owl Capital by 3.4% during the 4th quarter. Geode Capital Management LLC now owns 8,426,251 shares of the company's stock valued at $196,060,000 after purchasing an additional 274,094 shares during the last quarter. Finally, Invesco Ltd. raised its position in Blue Owl Capital by 17.8% in the 4th quarter. Invesco Ltd. now owns 7,595,091 shares of the company's stock worth $176,662,000 after purchasing an additional 1,145,886 shares during the period. Institutional investors own 35.85% of the company's stock.

Blue Owl Capital Price Performance

NYSE OWL traded up $0.03 during midday trading on Friday, hitting $18.50. 4,338,698 shares of the company traded hands, compared to its average volume of 6,714,924. Blue Owl Capital Inc. has a 52 week low of $14.55 and a 52 week high of $26.73. The company's 50-day simple moving average is $19.33 and its 200-day simple moving average is $22.12. The company has a market cap of $28.45 billion, a PE ratio of 108.83, a price-to-earnings-growth ratio of 1.23 and a beta of 1.20.

Blue Owl Capital (NYSE:OWL - Get Free Report) last issued its quarterly earnings data on Thursday, February 6th. The company reported $0.21 earnings per share 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%. On average, research analysts predict that Blue Owl Capital Inc. will post 0.92 earnings per share for the current year.

Blue Owl Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 19th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.72 annualized dividend and a dividend yield of 3.89%. Blue Owl Capital's dividend payout ratio (DPR) is presently 423.53%.

Analyst Ratings Changes

Several brokerages have recently weighed in on OWL. Oppenheimer set a $24.00 price target on Blue Owl Capital and gave the stock an "outperform" rating in a report on Wednesday, April 16th. Piper Sandler decreased their target price on Blue Owl Capital from $27.00 to $21.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. JMP Securities lowered their target price on shares of Blue Owl Capital from $32.00 to $28.00 and set a "market outperform" rating for the company in a research note on Tuesday, April 8th. Evercore ISI raised their price target 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. Finally, The Goldman Sachs Group cut shares of Blue Owl Capital from a "buy" rating to a "neutral" rating and lowered their price objective for the company from $25.00 to $24.75 in a research report on Monday, January 6th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $23.79.

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.