Rothschild Investment LLC Has $1.46 Million Stock Holdings in Blue Owl Capital Co. (NYSE:OBDC)

Rothschild Investment LLC boosted its holdings in Blue Owl Capital Co. (NYSE:OBDC - Free Report) by 2,383.1% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 99,299 shares of the company's stock after buying an additional 95,300 shares during the period. Rothschild Investment LLC's holdings in Blue Owl Capital were worth $1,456,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares 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 valued at $44,000 after buying an additional 1,922 shares during the last quarter. Blue Trust Inc. lifted its stake in shares of Blue Owl Capital by 9.5% in the fourth quarter. Blue Trust Inc. now owns 15,261 shares of the company's stock valued at $222,000 after buying an additional 1,321 shares during the period. Perigon Wealth Management LLC increased its position in Blue Owl Capital by 14.2% in the 4th quarter. Perigon Wealth Management LLC now owns 29,082 shares of the company's stock valued at $433,000 after acquiring an additional 3,619 shares in the last quarter. Total Clarity Wealth Management Inc. lifted its stake in Blue Owl Capital by 24.4% in the fourth quarter. Total Clarity Wealth Management Inc. now owns 17,887 shares of the company's stock valued at $270,000 after buying an additional 3,514 shares in the last quarter. Finally, Chicago Partners Investment Group LLC increased its holdings in shares of Blue Owl Capital by 1.6% in the fourth quarter. Chicago Partners Investment Group LLC now owns 546,958 shares of the company's stock valued at $8,073,000 after purchasing an additional 8,447 shares during the last quarter. Hedge funds and other institutional investors own 42.83% of the company's stock.

Wall Street Analyst Weigh In

OBDC has been the topic of a number of recent analyst reports. B. Riley assumed coverage on Blue Owl Capital in a report on Tuesday, May 13th. They set a "buy" rating and a $15.00 price target on the stock. Jefferies Financial Group assumed coverage on Blue Owl Capital in a research note on Friday, April 11th. They set a "buy" rating and a $16.00 target price on the stock. Wells Fargo & Company dropped their price objective on shares of Blue Owl Capital from $15.00 to $14.00 and set an "equal weight" rating on the stock in a report on Monday, April 28th. Royal Bank of Canada reaffirmed an "outperform" rating and issued a $16.00 price target on shares of Blue Owl Capital in a research note on Thursday, May 15th. Finally, Keefe, Bruyette & Woods dropped their price target on shares of Blue Owl Capital from $15.10 to $14.50 and set a "market perform" rating for the company in a research note on Tuesday, April 8th. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $15.64.

Blue Owl Capital Stock Down 0.2%

Shares of OBDC traded down $0.04 on Thursday, reaching $14.54. The stock had a trading volume of 669,139 shares, compared to its average volume of 2,611,039. Blue Owl Capital Co. has a 12-month low of $12.11 and a 12-month high of $16.53. The company has a 50-day simple moving average of $14.05 and a 200-day simple moving average of $14.74. The firm has a market capitalization of $7.43 billion, a price-to-earnings ratio of 9.48 and a beta of 0.71. The company has a debt-to-equity ratio of 1.25, a quick ratio of 1.28 and a current ratio of 1.19.

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

Blue Owl Capital Cuts Dividend

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

Insiders Place Their Bets

In other Blue Owl Capital news, Director Victor Woolridge purchased 6,915 shares of Blue Owl Capital stock in a transaction dated Tuesday, May 27th. The shares were bought at an average cost of $14.45 per share, for a total transaction of $99,921.75. Following the transaction, the director now owns 28,191 shares in the company, valued at $407,359.95. This represents a 32.50% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 0.11% of the stock is currently owned by insiders.

About Blue Owl Capital

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.