Blue Owl Capital Inc. (NYSE:OWL) Receives Consensus Recommendation of "Moderate Buy" from Analysts

Shares of Blue Owl Capital Inc. (NYSE:OWL - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the thirteen ratings firms that are presently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $23.79.

A number of equities research analysts recently commented on the company. Wells Fargo & Company dropped their price objective on Blue Owl Capital from $22.00 to $19.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Oppenheimer set a $24.00 price target on Blue Owl Capital and gave the company an "outperform" rating in a research note on Wednesday, April 16th. TD Cowen raised shares of Blue Owl Capital from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $26.00 to $28.00 in a research note on Thursday, January 16th. Piper Sandler lowered their target price on shares of Blue Owl Capital from $27.00 to $21.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Finally, Citigroup reduced their price target on shares of Blue Owl Capital from $30.00 to $23.00 and set a "buy" rating on the stock in a research report on Tuesday, April 8th.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Rakuten Securities Inc. bought a new stake in Blue Owl Capital during the 4th quarter worth about $27,000. MassMutual Private Wealth & Trust FSB raised its holdings in Blue Owl Capital by 380.4% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 1,326 shares of the company's stock worth $27,000 after acquiring an additional 1,050 shares in the last quarter. Allworth Financial LP boosted 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 valued at $36,000 after purchasing an additional 428 shares during the last quarter. Jones Financial Companies Lllp grew 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 purchasing an additional 1,315 shares in the last quarter. Finally, Versant Capital Management Inc grew 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 purchasing an additional 1,110 shares in the last quarter. Institutional investors and hedge funds own 35.85% of the company's stock.

Blue Owl Capital Stock Down 0.9 %

OWL stock traded down $0.17 during midday trading on Thursday, reaching $18.59. The stock had a trading volume of 1,273,411 shares, compared to its average volume of 6,696,235. The firm has a market cap of $28.58 billion, a price-to-earnings ratio of 109.38, a PEG ratio of 1.23 and a beta of 1.20. Blue Owl Capital has a twelve month low of $14.55 and a twelve month high of $26.73. The business has a fifty day simple moving average of $19.23 and a two-hundred day simple moving average of $22.10.

Blue Owl Capital (NYSE:OWL - Get Free Report) last announced its quarterly earnings data on Thursday, February 6th. The company reported $0.21 earnings per share for the quarter, meeting the consensus estimate of $0.21. Blue Owl Capital had a net margin of 4.77% and a return on equity of 20.82%. On average, equities analysts predict that Blue Owl Capital will post 0.92 earnings per share for the current fiscal year.

Blue Owl Capital Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th were given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date of this dividend was Wednesday, February 19th. Blue Owl Capital's dividend payout ratio (DPR) is currently 423.53%.

About Blue Owl Capital

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.