Liberty Square Wealth Partners LLC Invests $386,000 in Blue Owl Capital Co. (NYSE:OBDC)

Liberty Square Wealth Partners LLC bought a new stake in shares of Blue Owl Capital Co. (NYSE:OBDC - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 25,111 shares of the company's stock, valued at approximately $386,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Fifth Third Bancorp grew its position in shares of Blue Owl Capital by 192.2% in the 4th quarter. Fifth Third Bancorp now owns 2,922 shares of the company's stock worth $44,000 after buying an additional 1,922 shares during the last quarter. Anchor Investment Management LLC grew its position in shares of Blue Owl Capital by 100.0% in the 4th quarter. Anchor Investment Management LLC now owns 3,000 shares of the company's stock worth $45,000 after buying an additional 1,500 shares during the last quarter. Brown Brothers Harriman & Co. purchased a new position in shares of Blue Owl Capital in the 4th quarter worth approximately $48,000. Lazard Asset Management LLC purchased a new stake in Blue Owl Capital during the 4th quarter worth approximately $49,000. Finally, Millstone Evans Group LLC purchased a new stake in Blue Owl Capital during the 4th quarter worth approximately $76,000. Hedge funds and other institutional investors own 42.83% of the company's stock.

Blue Owl Capital Stock Performance

Shares of OBDC traded up $0.07 during trading hours on Thursday, hitting $14.66. The stock had a trading volume of 1,679,799 shares, compared to its average volume of 2,600,881. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.28 and a current ratio of 1.19. The firm has a 50-day moving average price of $14.12 and a 200 day moving average price of $14.75. Blue Owl Capital Co. has a fifty-two week low of $12.11 and a fifty-two week high of $16.91. The firm has a market capitalization of $7.49 billion, a price-to-earnings ratio of 9.58 and a beta of 0.71.

Blue Owl Capital (NYSE:OBDC - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.04). Blue Owl Capital had a net margin of 37.26% and a return on equity of 12.38%. The firm had revenue of $464.65 million during the quarter, compared to analyst estimates of $457.88 million. As a group, research analysts anticipate that Blue Owl Capital Co. will post 1.71 EPS for the current year.

Blue Owl Capital Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, June 13th. Investors of record on Monday, June 2nd will be paid a $0.01 dividend. This represents a dividend yield of 11.51%. The ex-dividend date of this dividend is Friday, May 30th. Blue Owl Capital's dividend payout ratio is currently 95.48%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. JMP Securities reissued an "outperform" rating on shares of Blue Owl Capital in a research report on Tuesday, February 4th. Keefe, Bruyette & Woods dropped their target price on shares of Blue Owl Capital from $15.10 to $14.50 and set a "market perform" rating on the stock in a research report on Tuesday, April 8th. Royal Bank of Canada reissued an "outperform" rating and set a $16.00 target price on shares of Blue Owl Capital in a research report on Thursday, May 15th. Citizens Jmp raised shares of Blue Owl Capital to a "strong-buy" rating in a research report on Monday, February 3rd. Finally, B. Riley assumed coverage on shares of Blue Owl Capital in a research report on Tuesday, May 13th. They set a "buy" rating and a $15.00 target price on the stock. Three investment analysts have rated the stock with a hold rating, four have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $15.64.

Insider Activity at Blue Owl Capital

In related news, Director Chris Temple acquired 15,000 shares of Blue Owl Capital stock in a transaction on Thursday, March 6th. The stock was bought at an average cost of $14.80 per share, for a total transaction of $222,000.00. Following the completion of the transaction, the director now owns 51,000 shares of the company's stock, valued at approximately $754,800. The trade was a 41.67% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Victor Woolridge acquired 6,915 shares of Blue Owl Capital stock in a transaction on Tuesday, May 27th. The shares were bought at an average price of $14.45 per share, with a total value of $99,921.75. Following the completion of the transaction, the director now directly owns 28,191 shares of the company's stock, valued at $407,359.95. This trade represents a 32.50% increase in their position. The disclosure for this purchase can be found here. Company insiders own 0.11% of the company's stock.

Blue Owl Capital Profile

Blue Owl Capital Corporation is a business development company. It specializes in direct and fund of fund investments. The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and second lien term loans and common equity investments.