Barclays PLC Has $12.33 Million Stock Position in Blue Owl Capital Inc. (NYSE:OWL)

Barclays PLC lowered its stake in Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 66.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 530,090 shares of the company's stock after selling 1,041,716 shares during the quarter. Barclays PLC's holdings in Blue Owl Capital were worth $12,330,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rakuten Securities Inc. acquired a new position in shares of Blue Owl Capital during the 4th quarter worth approximately $27,000. Allworth Financial LP raised its position in Blue Owl Capital by 43.3% during the fourth quarter. Allworth Financial LP now owns 1,416 shares of the company's stock worth $36,000 after acquiring an additional 428 shares in the last quarter. Jones Financial Companies Lllp lifted its stake in Blue Owl Capital by 232.7% in the fourth quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company's stock valued at $44,000 after acquiring an additional 1,315 shares during the last quarter. Versant Capital Management Inc lifted its stake in Blue Owl Capital by 136.2% in the fourth quarter. Versant Capital Management Inc now owns 1,925 shares of the company's stock valued at $45,000 after acquiring an additional 1,110 shares during the last quarter. Finally, Principal Securities Inc. grew its position in shares of Blue Owl Capital by 30.6% in the 4th quarter. Principal Securities Inc. now owns 1,921 shares of the company's stock valued at $45,000 after acquiring an additional 450 shares during the period. Institutional investors own 35.85% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on OWL shares. Citigroup dropped their target price on shares of Blue Owl Capital from $30.00 to $23.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Cfra Research upgraded shares of Blue Owl Capital to a "moderate buy" rating in a research note on Thursday, March 27th. JMP Securities decreased their price target on shares of Blue Owl Capital from $32.00 to $28.00 and set a "market outperform" rating on the stock in a research note on Tuesday, April 8th. Piper Sandler cut their price objective on shares of 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. Finally, TD Cowen upgraded Blue Owl Capital from a "hold" rating to a "buy" rating and boosted their price objective for the stock from $26.00 to $28.00 in a report on Thursday, January 16th. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Blue Owl Capital currently has a consensus rating of "Moderate Buy" and an average target price of $23.79.

Blue Owl Capital Price Performance

Blue Owl Capital stock traded up $0.03 during mid-day trading on Friday, reaching $18.50. 4,338,698 shares of the company were exchanged, compared to its average volume of 6,697,243. The company has a fifty day simple moving average of $19.33 and a 200-day simple moving average of $22.10. The firm has a market cap of $28.45 billion, a PE ratio of 108.83, a PEG ratio of 1.23 and a beta of 1.20. Blue Owl Capital Inc. has a 12 month low of $14.55 and a 12 month high of $26.73.

Blue Owl Capital (NYSE:OWL - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The company reported $0.21 EPS 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%. Sell-side analysts anticipate 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 declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.89%. The ex-dividend date of this dividend was Wednesday, February 19th. Blue Owl Capital's dividend payout ratio (DPR) is presently 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.