Blue Owl Capital (NYSE:OWL - Get Free Report) was upgraded by analysts at BMO Capital Markets to a "strong-buy" rating in a report released on Thursday,Zacks.com reports.
A number of other analysts have also weighed in on OWL. Oppenheimer upped their target price on Blue Owl Capital from $25.00 to $26.00 and gave the stock an "outperform" rating in a report on Monday, July 14th. Barclays upped their target price on Blue Owl Capital from $21.00 to $23.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Weiss Ratings restated a "hold (c)" rating on shares of Blue Owl Capital in a report on Saturday, September 27th. Evercore ISI upped their target price on Blue Owl Capital from $20.00 to $21.00 and gave the stock an "outperform" rating in a report on Thursday, July 10th. Finally, Piper Sandler increased their price objective on Blue Owl Capital from $22.50 to $23.50 and gave the company an "overweight" rating in a report on Wednesday, July 2nd. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $23.56.
Read Our Latest Research Report on OWL
Blue Owl Capital Stock Up 1.2%
Blue Owl Capital stock opened at $16.25 on Thursday. The business has a fifty day moving average of $18.58 and a two-hundred day moving average of $18.80. The firm has a market cap of $25.17 billion, a P/E ratio of 180.52, a P/E/G ratio of 1.05 and a beta of 1.13. Blue Owl Capital has a twelve month low of $14.55 and a twelve month high of $26.73.
Blue Owl Capital (NYSE:OWL - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, hitting analysts' consensus estimates of $0.21. The company had revenue of $703.11 million during the quarter, compared to analyst estimates of $642.13 million. Blue Owl Capital had a return on equity of 19.64% and a net margin of 2.88%. Equities analysts expect that Blue Owl Capital will post 0.92 earnings per share for the current year.
Hedge Funds Weigh In On Blue Owl Capital
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OWL. Wealth Enhancement Advisory Services LLC purchased a new position in Blue Owl Capital in the 4th quarter worth $235,000. GAMMA Investing LLC raised its stake in Blue Owl Capital by 2,911.9% in the 1st quarter. GAMMA Investing LLC now owns 20,240 shares of the company's stock worth $406,000 after acquiring an additional 19,568 shares during the last quarter. Parallel Advisors LLC raised its stake in Blue Owl Capital by 21.9% in the 1st quarter. Parallel Advisors LLC now owns 6,468 shares of the company's stock worth $130,000 after acquiring an additional 1,161 shares during the last quarter. Rhumbline Advisers raised its stake in Blue Owl Capital by 0.9% in the 1st quarter. Rhumbline Advisers now owns 604,635 shares of the company's stock worth $12,117,000 after acquiring an additional 5,298 shares during the last quarter. Finally, Hudson Valley Investment Advisors Inc. ADV raised its stake in Blue Owl Capital by 7.2% in the 1st quarter. Hudson Valley Investment Advisors Inc. ADV now owns 177,260 shares of the company's stock worth $3,552,000 after acquiring an additional 11,877 shares during the last quarter. Hedge funds and other institutional investors own 35.85% of the company's stock.
About Blue Owl Capital
(
Get Free Report)
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.
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