Stephens Inc. AR Buys 21,136 Shares of Blue Owl Capital Inc. $OWL

Key Points

• Stephens Inc. AR increased its stake in Blue Owl Capital Inc. by 3.3% during Q2, acquiring an additional 21,136 shares, bringing their total holdings to 667,466 shares valued at approximately $12.82 million.
• Analysts have lowered price targets for Blue Owl Capital, with Piper Sandler reducing it from $23.50 to $22.00 while maintaining an "overweight" rating, and Oppenheimer decreasing their target from $25.00 to $24.00.
• Blue Owl Capital recently declared a quarterly dividend of $0.225 per share, which translates to an annualized yield of 5.4% and reflects a payout ratio of 1,000%.

Stephens Inc. AR grew its stake in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 3.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 667,466 shares of the company's stock after buying an additional 21,136 shares during the period. Stephens Inc. AR's holdings in Blue Owl Capital were worth $12,822,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Banque Transatlantique SA bought a new stake in shares of Blue Owl Capital during the first quarter valued at about $31,000. SVB Wealth LLC bought a new stake in shares of Blue Owl Capital during the first quarter valued at about $38,000. Cullen Frost Bankers Inc. increased its position in shares of Blue Owl Capital by 39.1% during 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. Allworth Financial LP increased its position in shares of Blue Owl Capital by 70.5% during the first quarter. Allworth Financial LP now owns 2,414 shares of the company's stock valued at $45,000 after buying an additional 998 shares during the period. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of Blue Owl Capital by 58.6% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,478 shares of the company's stock valued at $50,000 after buying an additional 916 shares during the period. 35.85% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

OWL has been the topic of several analyst reports. Piper Sandler decreased their price target on Blue Owl Capital from $23.50 to $22.00 and set an "overweight" rating on the stock in a research report on Thursday, October 9th. Oppenheimer decreased their price objective on shares of Blue Owl Capital from $25.00 to $24.00 and set an "outperform" rating on the stock in a research report on Tuesday, October 14th. Raymond James Financial started coverage on shares of Blue Owl Capital in a research report on Monday, July 28th. They issued a "market perform" rating on the stock. Weiss Ratings restated a "hold (c)" rating on shares of Blue Owl Capital in a research report on Wednesday, October 8th. Finally, Cowen restated a "buy" rating on shares of Blue Owl Capital in a research report on Monday, August 4th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $22.38.

Blue Owl Capital Price Performance

Shares of OWL opened at $16.69 on Tuesday. The firm has a market cap of $25.85 billion, a P/E ratio of 185.42, a P/E/G ratio of 1.16 and a beta of 1.13. The stock has a 50 day simple moving average of $17.89 and a two-hundred day simple moving average of $18.48. Blue Owl Capital Inc. has a 1 year low of $14.55 and a 1 year high of $26.73.

Blue Owl Capital (NYSE:OWL - Get Free Report) last issued 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. The business 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%. On average, equities analysts anticipate that Blue Owl Capital Inc. will post 0.92 earnings per share for the current year.

Blue Owl Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Thursday, August 14th were paid a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.4%. The ex-dividend date of this dividend was Thursday, August 14th. Blue Owl Capital's dividend payout ratio 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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