Barton Investment Management Grows Stake in Blue Owl Capital Inc. (NYSE:OWL)

Barton Investment Management increased its position in Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 4.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,906,794 shares of the company's stock after buying an additional 76,575 shares during the period. Blue Owl Capital accounts for approximately 4.7% of Barton Investment Management's investment portfolio, making the stock its 4th biggest holding. Barton Investment Management owned about 0.12% of Blue Owl Capital worth $38,212,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Rakuten Securities Inc. bought a new stake in Blue Owl Capital during the 4th quarter valued at $27,000. MassMutual Private Wealth & Trust FSB grew its holdings in shares of 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 valued at $27,000 after buying an additional 1,050 shares during the last quarter. Allworth Financial LP increased its position in shares of 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 increased its position in shares of Blue Owl Capital by 232.7% during the fourth quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company's stock worth $44,000 after acquiring an additional 1,315 shares in the last quarter. Finally, Principal Securities Inc. raised its holdings 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 acquiring an additional 450 shares during the last quarter. 35.85% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on OWL shares. Wells Fargo & Company lifted their price target on Blue Owl Capital from $20.00 to $21.00 and gave the company an "equal weight" rating in a research note on Friday, May 23rd. Keefe, Bruyette & Woods upgraded Blue Owl Capital from a "market perform" rating to an "outperform" rating and raised their target price for the company from $20.00 to $23.00 in a report on Tuesday, May 20th. Barclays cut their target price on Blue Owl Capital from $29.00 to $20.00 and set an "overweight" rating on the stock in a research report on Monday, April 7th. Cfra Research raised Blue Owl Capital to a "moderate buy" rating in a research report on Thursday, March 27th. Finally, Oppenheimer set a $24.00 price objective on Blue Owl Capital and gave the company an "outperform" rating in a research note on Wednesday, April 16th. Three equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, Blue Owl Capital currently has an average rating of "Moderate Buy" and an average price target of $23.40.

Blue Owl Capital Trading Up 1.3%

Shares of Blue Owl Capital stock opened at $19.27 on Friday. The business's fifty day simple moving average is $18.22 and its 200 day simple moving average is $21.31. Blue Owl Capital Inc. has a 12 month low of $14.55 and a 12 month high of $26.73. The firm has a market capitalization of $29.63 billion, a P/E ratio of 113.36, a price-to-earnings-growth ratio of 1.23 and a beta of 1.18.

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

Blue Owl Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 28th. Investors of record on Wednesday, May 14th were issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a yield of 4.67%. The ex-dividend date of this dividend was Wednesday, May 14th. This is an increase from Blue Owl Capital's previous quarterly dividend of $0.18. Blue Owl Capital's dividend payout ratio (DPR) is 692.31%.

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.

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