Quantbot Technologies LP Has $3.29 Million Stake in Blue Owl Capital Inc. $OWL

Key Points

• Quantbot Technologies LP reduced its stake in Blue Owl Capital Inc. by 66% in the first quarter, now holding 163,983 shares valued at approximately $3.29 million.
• Multiple institutional investors have recently increased their positions in Blue Owl Capital, indicating growing confidence in the firm.
• Analysts have raised their price targets for Blue Owl Capital, with an average target of $24.02 and a consensus rating of "Moderate Buy".

Quantbot Technologies LP decreased its stake in Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 66.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 163,983 shares of the company's stock after selling 318,534 shares during the quarter. Quantbot Technologies LP's holdings in Blue Owl Capital were worth $3,286,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Vise Technologies Inc. raised its position in Blue Owl Capital by 4.6% in the 4th quarter. Vise Technologies Inc. now owns 10,947 shares of the company's stock valued at $255,000 after purchasing an additional 478 shares during the last quarter. Teza Capital Management LLC boosted its position in shares of Blue Owl Capital by 1.7% during the fourth quarter. Teza Capital Management LLC now owns 28,929 shares of the company's stock worth $673,000 after buying an additional 485 shares during the period. State of Wyoming raised its holdings in Blue Owl Capital by 27.1% during the fourth quarter. State of Wyoming now owns 2,359 shares of the company's stock worth $55,000 after acquiring an additional 503 shares in the last quarter. Cullen Frost Bankers Inc. raised its stake in Blue Owl Capital by 39.1% in the first quarter. Cullen Frost Bankers Inc. now owns 2,075 shares of the company's stock valued at $42,000 after buying an additional 583 shares during the period. Finally, Benjamin Edwards Inc. raised its stake in Blue Owl Capital by 3.0% in the fourth quarter. Benjamin Edwards Inc. now owns 22,888 shares of the company's stock valued at $532,000 after buying an additional 658 shares during the period. Institutional investors own 35.85% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on the company. Piper Sandler upped their target price on Blue Owl Capital from $22.50 to $23.50 and gave the company an "overweight" rating in a research report on Wednesday, July 2nd. Wells Fargo & Company increased 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. Cowen reaffirmed a "buy" rating on shares of Blue Owl Capital in a research report on Monday, August 4th. 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 research note on Tuesday, May 20th. Finally, Oppenheimer lifted their price target on Blue Owl Capital from $25.00 to $26.00 and gave the company an "outperform" rating in a research note on Monday, July 14th. Eleven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, Blue Owl Capital presently has an average rating of "Moderate Buy" and a consensus price target of $24.02.

Blue Owl Capital Price Performance

OWL opened at $18.8290 on Wednesday. Blue Owl Capital Inc. has a one year low of $14.55 and a one year high of $26.73. The company has a fifty day moving average price of $19.42 and a 200-day moving average price of $19.64. The firm has a market capitalization of $29.18 billion, a P/E ratio of 209.23, a price-to-earnings-growth ratio of 1.25 and a beta of 1.16.

Blue Owl Capital (NYSE:OWL - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. Blue Owl Capital had a net margin of 2.88% and a return on equity of 19.64%. The company had revenue of $703.11 million during the quarter, compared to analyst estimates of $642.13 million. On average, analysts expect that Blue Owl Capital Inc. will post 0.92 earnings per share for the current year.

Blue Owl Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th will be issued a $0.225 dividend. The ex-dividend date is Thursday, August 14th. This represents a $0.90 annualized dividend and a yield of 4.8%. Blue Owl Capital's dividend payout ratio (DPR) is 1,000.00%.

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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