Two Sigma Investments LP Boosts Stock Position in Blue Owl Capital Inc. (NYSE:OWL)

Two Sigma Investments LP boosted its stake in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 37.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 320,249 shares of the company's stock after buying an additional 87,352 shares during the period. Two Sigma Investments LP's holdings in Blue Owl Capital were worth $7,449,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the stock. Barclays PLC increased its stake in Blue Owl Capital by 13.7% in the third quarter. Barclays PLC now owns 1,571,806 shares of the company's stock worth $30,430,000 after purchasing an additional 189,082 shares during the period. Dakota Wealth Management bought a new position in shares of Blue Owl Capital in the fourth quarter worth about $215,000. SG Americas Securities LLC increased its stake in Blue Owl Capital by 118.7% in the 4th quarter. SG Americas Securities LLC now owns 21,777 shares of the company's stock worth $507,000 after buying an additional 11,818 shares during the period. Janney Montgomery Scott LLC lifted its holdings in Blue Owl Capital by 8.6% during the 4th quarter. Janney Montgomery Scott LLC now owns 75,319 shares of the company's stock valued at $1,752,000 after buying an additional 5,985 shares in the last quarter. Finally, Mutual Advisors LLC boosted its position in Blue Owl Capital by 10.1% in the 4th quarter. Mutual Advisors LLC now owns 31,963 shares of the company's stock valued at $748,000 after buying an additional 2,935 shares during the period. 35.85% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on OWL shares. Barclays reduced their target price on shares of 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. Piper Sandler reduced their price objective on Blue Owl Capital from $27.00 to $21.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. JMP Securities lowered their target price on Blue Owl Capital from $32.00 to $28.00 and set a "market outperform" rating for the company in a report on Tuesday, April 8th. Citigroup cut their price target 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, Cfra Research upgraded Blue Owl Capital to a "moderate buy" rating in a report on Thursday, March 27th. Three equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $23.40.

Blue Owl Capital Stock Performance

OWL traded down $0.03 during trading on Thursday, hitting $18.76. The stock had a trading volume of 3,410,789 shares, compared to its average volume of 8,001,287. The stock has a 50 day simple moving average of $18.49 and a two-hundred day simple moving average of $21.51. Blue Owl Capital Inc. has a twelve month low of $14.55 and a twelve month high of $26.73. The company has a market capitalization of $28.84 billion, a PE ratio of 110.33, a PEG ratio of 1.23 and a beta of 1.21.

Blue Owl Capital (NYSE:OWL - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The company reported $0.17 earnings per share for the quarter, missing analysts' consensus estimates of $0.20 by ($0.03). Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. The business had revenue of $620.19 million during the quarter, compared to analyst estimates of $636.44 million. On average, equities research analysts anticipate that Blue Owl Capital Inc. will post 0.92 EPS for the current year.

Blue Owl Capital Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, May 28th. Stockholders of record on Wednesday, May 14th were paid a dividend of $0.225 per share. This is a positive change from Blue Owl Capital's previous quarterly dividend of $0.18. The ex-dividend date was Wednesday, May 14th. This represents a $0.90 dividend on an annualized basis and a dividend yield of 4.80%. Blue Owl Capital's payout ratio is presently 692.31%.

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.