Schonfeld Strategic Advisors LLC Has $3.79 Million Stock Position in Blue Owl Capital Inc. (NYSE:OWL)

Schonfeld Strategic Advisors LLC lifted its stake in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 66.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 162,931 shares of the company's stock after buying an additional 64,861 shares during the quarter. Schonfeld Strategic Advisors LLC's holdings in Blue Owl Capital were worth $3,790,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of OWL. Rakuten Securities Inc. acquired a new position in Blue Owl Capital in the 4th quarter worth approximately $27,000. Allworth Financial LP grew its stake 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 buying an additional 428 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in shares of 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. Principal Securities Inc. boosted 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 worth $45,000 after purchasing an additional 450 shares during the last quarter. Finally, Versant Capital Management Inc raised its stake in Blue Owl Capital by 136.2% during the 4th quarter. Versant Capital Management Inc now owns 1,925 shares of the company's stock worth $45,000 after buying an additional 1,110 shares during the period. Institutional investors own 35.85% of the company's stock.

Blue Owl Capital Trading Down 3.2 %

NYSE:OWL traded down $0.59 during trading hours on Tuesday, hitting $17.87. 8,774,653 shares of the stock traded hands, compared to its average volume of 6,811,744. The firm has a market cap of $27.49 billion, a price-to-earnings ratio of 105.15, a PEG ratio of 1.23 and a beta of 1.21. Blue Owl Capital Inc. has a fifty-two week low of $14.55 and a fifty-two week high of $26.73. The firm has a 50 day moving average price of $18.80 and a 200 day moving average price of $21.92.

Blue Owl Capital (NYSE:OWL - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.17 EPS for the quarter, missing analysts' consensus estimates of $0.20 by ($0.03). Blue Owl Capital had a net margin of 4.77% and a return on equity of 20.82%. The company had revenue of $620.19 million for the quarter, compared to analyst estimates of $636.44 million. Research analysts predict that Blue Owl Capital Inc. will post 0.92 EPS for the current year.

Blue Owl Capital Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th will be issued a dividend of $0.225 per share. This is an increase from Blue Owl Capital's previous quarterly dividend of $0.18. This represents a $0.90 annualized dividend and a yield of 5.04%. The ex-dividend date of this dividend is Wednesday, May 14th. Blue Owl Capital's dividend payout ratio (DPR) is currently 692.31%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on OWL shares. The Goldman Sachs Group lowered Blue Owl Capital from a "buy" rating to a "neutral" rating and lowered their target price for the stock from $25.00 to $24.75 in a research note on Monday, January 6th. Evercore ISI upped their price objective on shares of Blue Owl Capital from $25.00 to $26.00 and gave the stock an "outperform" rating in a report on Friday, January 17th. Barclays decreased their price objective on Blue Owl Capital from $29.00 to $20.00 and set an "overweight" rating for the company in a report on Monday, April 7th. Piper Sandler reduced their target price on Blue Owl Capital from $27.00 to $21.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Finally, Oppenheimer set a $24.00 target price on Blue Owl Capital and gave the company an "outperform" rating in a research note on Wednesday, April 16th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $23.56.

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.