Lionshead Wealth Management LLC Acquires Shares of 13,752 Blue Owl Capital Inc. (NYSE:OWL)

Lionshead Wealth Management LLC bought a new position in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 13,752 shares of the company's stock, valued at approximately $320,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of OWL. Global Retirement Partners LLC boosted its holdings in shares of Blue Owl Capital by 1.6% in the 4th quarter. Global Retirement Partners LLC now owns 25,499 shares of the company's stock valued at $593,000 after buying an additional 413 shares in the last quarter. Dynasty Wealth Management LLC lifted its position in Blue Owl Capital by 0.5% in the fourth quarter. Dynasty Wealth Management LLC now owns 78,580 shares of the company's stock valued at $1,828,000 after acquiring an additional 417 shares during the last quarter. Allworth Financial LP lifted its position in Blue Owl Capital by 43.3% in the fourth quarter. Allworth Financial LP now owns 1,416 shares of the company's stock valued at $36,000 after acquiring an additional 428 shares during the last quarter. Principal Securities Inc. lifted its position in Blue Owl Capital by 30.6% in the fourth quarter. Principal Securities Inc. now owns 1,921 shares of the company's stock valued at $45,000 after acquiring an additional 450 shares during the last quarter. Finally, Miracle Mile Advisors LLC lifted its position in Blue Owl Capital by 4.1% in the fourth quarter. Miracle Mile Advisors LLC now owns 12,289 shares of the company's stock valued at $286,000 after acquiring an additional 479 shares during the last quarter. Institutional investors and hedge funds own 35.85% of the company's stock.

Blue Owl Capital Stock Down 0.1%

Shares of NYSE:OWL opened at $18.53 on Monday. The company has a market cap of $28.50 billion, a P/E ratio of 109.01, a PEG ratio of 1.23 and a beta of 1.21. Blue Owl Capital Inc. has a 52 week low of $14.55 and a 52 week high of $26.73. The company has a 50-day moving average price of $18.66 and a 200 day moving average price of $21.81.

Blue Owl Capital (NYSE:OWL - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.17 earnings per share (EPS) 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 for the quarter, compared to analysts' expectations of $636.44 million. Analysts expect that Blue Owl Capital Inc. will post 0.92 EPS for the current year.

Blue Owl Capital Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, May 28th. Shareholders of record on Wednesday, May 14th will be given a dividend of $0.225 per share. This is a positive change from Blue Owl Capital's previous quarterly dividend of $0.18. This represents a $0.90 annualized dividend and a dividend yield of 4.86%. The ex-dividend date of this dividend is Wednesday, May 14th. Blue Owl Capital's payout ratio is presently 692.31%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on OWL shares. Piper Sandler cut their target price on Blue Owl Capital from $27.00 to $21.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Evercore ISI raised their price target on Blue Owl Capital from $25.00 to $26.00 and gave the stock an "outperform" rating in a research note on Friday, January 17th. Citigroup decreased their price objective on Blue Owl Capital from $30.00 to $23.00 and set a "buy" rating for the company in a report on Tuesday, April 8th. UBS Group reduced their price target on shares of Blue Owl Capital from $26.00 to $23.00 and set a "buy" rating for the company in a research report on Thursday, May 1st. Finally, JMP Securities reduced their price target on shares of Blue Owl Capital from $32.00 to $28.00 and set a "market outperform" rating for the company in a research report on Tuesday, April 8th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $23.56.

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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