Stephens Inc. AR Grows Stock Holdings in Blue Owl Capital Inc. (NYSE:OWL)

Stephens Inc. AR lifted its position in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 3.0% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 646,330 shares of the company's stock after buying an additional 18,911 shares during the quarter. Stephens Inc. AR's holdings in Blue Owl Capital were worth $12,952,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Wealth Enhancement Advisory Services LLC lifted its stake in Blue Owl Capital by 13.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 11,471 shares of the company's stock worth $230,000 after purchasing an additional 1,357 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Blue Owl Capital by 9.5% in the 1st quarter. Bank of New York Mellon Corp now owns 2,655,834 shares of the company's stock worth $53,223,000 after purchasing an additional 229,745 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Blue Owl Capital by 16.5% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 67,400 shares of the company's stock worth $1,358,000 after purchasing an additional 9,522 shares in the last quarter. Townsend Asset Management Corp NC ADV lifted its holdings in shares of Blue Owl Capital by 8.6% in the 1st quarter. Townsend Asset Management Corp NC ADV now owns 287,731 shares of the company's stock valued at $5,766,000 after acquiring an additional 22,778 shares during the last quarter. Finally, Scholtz & Company LLC increased its stake in Blue Owl Capital by 13.0% during the fourth quarter. Scholtz & Company LLC now owns 153,615 shares of the company's stock worth $3,573,000 after acquiring an additional 17,685 shares during the last quarter. Hedge funds and other institutional investors own 35.85% of the company's stock.

Blue Owl Capital Stock Down 3.4%

Shares of NYSE:OWL opened at $18.94 on Monday. Blue Owl Capital Inc. has a 52-week low of $14.55 and a 52-week high of $26.73. The stock has a market cap of $29.13 billion, a P/E ratio of 145.70, a price-to-earnings-growth ratio of 1.29 and a beta of 1.17. The business's 50 day moving average is $18.96 and its 200 day moving average is $20.45.

Blue Owl Capital (NYSE:OWL - Get Free Report) last announced its quarterly earnings data 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). Blue Owl Capital had a return on equity of 19.74% and a net margin of 3.73%. The firm had revenue of $620.19 million during the quarter, compared to the consensus estimate of $636.44 million. On average, sell-side analysts anticipate that Blue Owl Capital Inc. will post 0.92 EPS for the current fiscal year.

Blue Owl Capital Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th were issued a dividend of $0.225 per share. The ex-dividend date was Wednesday, May 14th. This represents a $0.90 dividend on an annualized basis and a yield of 4.75%. This is a positive change from Blue Owl Capital's previous quarterly dividend of $0.18. Blue Owl Capital's dividend payout ratio is currently 692.31%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on OWL shares. Barclays boosted their price objective on Blue Owl Capital from $21.00 to $23.00 and gave the stock an "overweight" rating in a research note on Thursday. Oppenheimer set a $24.00 price objective on Blue Owl Capital and gave the stock an "outperform" rating in a research note on Wednesday, April 16th. Wells Fargo & Company boosted their price objective on Blue Owl Capital from $20.00 to $21.00 and gave the stock an "equal weight" rating in a research note on Friday, May 23rd. Citigroup cut their target price on Blue Owl Capital from $30.00 to $23.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Finally, JMP Securities cut their target price on Blue Owl Capital from $32.00 to $28.00 and set a "market outperform" rating on the stock in a research note on Tuesday, April 8th. Two 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, Blue Owl Capital presently has a consensus rating of "Moderate Buy" and a consensus price target of $23.85.

Blue Owl Capital 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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