Vaughan Nelson Investment Management L.P. Has $30.28 Million Stock Holdings in Blue Owl Capital Inc. $OWL

Key Points

• Vaughan Nelson Investment Management L.P. significantly increased its holdings in Blue Owl Capital Inc. by 513.1% during the 2nd quarter, owning 1,576,490 shares valued at approximately $30.28 million.
• Analysts have varying outlooks on Blue Owl Capital, with twelve giving it a Buy rating and a consensus price target set at $23.56.
• The company recently announced a quarterly dividend of $0.225 per share, translating to an annualized yield of 5.5%.

Vaughan Nelson Investment Management L.P. grew its position in Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 513.1% during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,576,490 shares of the company's stock after purchasing an additional 1,319,350 shares during the period. Vaughan Nelson Investment Management L.P. owned about 0.10% of Blue Owl Capital worth $30,284,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Banque Transatlantique SA acquired a new stake in shares of Blue Owl Capital in the 1st quarter valued at $31,000. SVB Wealth LLC acquired a new stake in shares of Blue Owl Capital in the 1st quarter valued at $38,000. Cullen Frost Bankers Inc. boosted its stake in shares of Blue Owl Capital by 39.1% in the 1st quarter. Cullen Frost Bankers Inc. now owns 2,075 shares of the company's stock valued at $42,000 after purchasing an additional 583 shares in the last quarter. Allworth Financial LP boosted its stake in shares of Blue Owl Capital by 70.5% in the 1st quarter. Allworth Financial LP now owns 2,414 shares of the company's stock valued at $45,000 after purchasing an additional 998 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Blue Owl Capital by 58.6% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,478 shares of the company's stock valued at $50,000 after purchasing an additional 916 shares in the last quarter. Institutional investors and hedge funds own 35.85% of the company's stock.

Analysts Set New Price Targets

OWL has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Blue Owl Capital in a report on Saturday, September 27th. Barclays lifted their price target on Blue Owl Capital from $21.00 to $23.00 and gave the company an "overweight" rating in a report on Thursday, July 10th. Oppenheimer lifted their price target on Blue Owl Capital from $25.00 to $26.00 and gave the company an "outperform" rating in a report on Monday, July 14th. BMO Capital Markets initiated coverage on Blue Owl Capital in a report on Friday. They issued an "outperform" rating and a $18.00 price target for the company. Finally, Piper Sandler lifted their price target on Blue Owl Capital from $22.50 to $23.50 and gave the company an "overweight" rating in a report on Wednesday, July 2nd. Twelve analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $23.56.

Blue Owl Capital Trading Up 1.2%

Shares of NYSE:OWL opened at $16.25 on Friday. The stock has a market capitalization of $25.17 billion, a P/E ratio of 180.52, a P/E/G ratio of 1.05 and a beta of 1.13. Blue Owl Capital Inc. has a 1-year low of $14.55 and a 1-year high of $26.73. The business has a 50-day moving average price of $18.58 and a two-hundred day moving average price of $18.80.

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

Blue Owl Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 28th. Shareholders of record on Thursday, August 14th were issued a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend was Thursday, August 14th. Blue Owl Capital's payout ratio is currently 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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