Natixis Advisors L.P. Has $14.64 Million Position in Blue Owl Capital Inc. (NYSE:OWL)

Natixis Advisors L.P. raised its position in Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 8.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 982,313 shares of the company's stock after purchasing an additional 74,931 shares during the quarter. Natixis Advisors L.P. owned about 0.07% of Blue Owl Capital worth $14,636,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Headlands Technologies LLC purchased a new stake in Blue Owl Capital in the 3rd quarter valued at about $27,000. Salem Investment Counselors Inc. lifted its holdings in shares of Blue Owl Capital by 58.0% in the 4th quarter. Salem Investment Counselors Inc. now owns 3,159 shares of the company's stock worth $47,000 after acquiring an additional 1,159 shares during the last quarter. Clearstead Advisors LLC purchased a new position in shares of Blue Owl Capital during the 3rd quarter worth approximately $49,000. Loomis Sayles & Co. L P increased its holdings in Blue Owl Capital by 1,570.2% in the 3rd quarter. Loomis Sayles & Co. L P now owns 4,877 shares of the company's stock valued at $63,000 after purchasing an additional 4,585 shares during the last quarter. Finally, Signaturefd LLC raised its position in Blue Owl Capital by 25.9% in the third quarter. Signaturefd LLC now owns 5,893 shares of the company's stock valued at $76,000 after purchasing an additional 1,214 shares during the period. Hedge funds and other institutional investors own 35.85% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently commented on the company. JMP Securities restated a "market outperform" rating and set a $24.00 price target on shares of Blue Owl Capital in a research report on Tuesday, April 9th. Keefe, Bruyette & Woods reiterated a "market perform" rating and set a $19.00 price target on shares of Blue Owl Capital in a research note on Thursday, April 4th. UBS Group raised shares of Blue Owl Capital from a "neutral" rating to a "buy" rating and raised their price objective for the company from $18.00 to $22.00 in a research note on Tuesday, April 2nd. Piper Sandler upped their target price on shares of Blue Owl Capital from $22.00 to $23.00 and gave the stock an "overweight" rating in a research note on Wednesday, April 10th. Finally, Evercore ISI raised their price target on shares of Blue Owl Capital from $18.00 to $22.00 and gave the company an "outperform" rating in a research report on Thursday, April 4th. Two analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $19.89.

Blue Owl Capital Price Performance

Shares of Blue Owl Capital stock traded down $0.27 during trading on Tuesday, hitting $18.12. 14,605,530 shares of the stock were exchanged, compared to its average volume of 4,551,667. The stock has a market cap of $25.89 billion, a price-to-earnings ratio of 151.00, a price-to-earnings-growth ratio of 1.16 and a beta of 1.24. The firm's 50-day moving average price is $18.34 and its 200 day moving average price is $15.95. Blue Owl Capital Inc. has a 12-month low of $9.70 and a 12-month high of $19.87.

Blue Owl Capital (NYSE:OWL - Get Free Report) last released its quarterly earnings data on Friday, February 9th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.01. The business had revenue of $494.04 million during the quarter, compared to analysts' expectations of $438.77 million. Blue Owl Capital had a return on equity of 18.02% and a net margin of 3.84%. During the same period in the prior year, the firm posted $0.15 EPS. As a group, research analysts forecast that Blue Owl Capital Inc. will post 0.84 earnings per share for the current year.

Blue Owl Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 30th. Shareholders of record on Tuesday, May 21st will be issued a dividend of $0.18 per share. The ex-dividend date of this dividend is Monday, May 20th. This represents a $0.72 dividend on an annualized basis and a yield of 3.97%. This is a boost from Blue Owl Capital's previous quarterly dividend of $0.14. Blue Owl Capital's dividend payout ratio (DPR) is presently 466.67%.

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.