Stifel Financial Corp Has $15.21 Million Holdings in Blue Owl Capital Co. (NYSE:OBDC)

Stifel Financial Corp raised its holdings in Blue Owl Capital Co. (NYSE:OBDC - Free Report) by 14.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,006,103 shares of the company's stock after buying an additional 127,150 shares during the quarter. Stifel Financial Corp owned approximately 0.26% of Blue Owl Capital worth $15,212,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Fifth Third Bancorp boosted its position in shares of Blue Owl Capital by 192.2% in the fourth quarter. Fifth Third Bancorp now owns 2,922 shares of the company's stock worth $44,000 after buying an additional 1,922 shares during the period. Anchor Investment Management LLC increased its holdings in Blue Owl Capital by 100.0% in the fourth quarter. Anchor Investment Management LLC now owns 3,000 shares of the company's stock valued at $45,000 after buying an additional 1,500 shares during the last quarter. Brown Brothers Harriman & Co. bought a new stake in shares of Blue Owl Capital in the 4th quarter valued at approximately $48,000. Westend Capital Management LLC raised its holdings in shares of Blue Owl Capital by 58.8% during the fourth quarter. Westend Capital Management LLC now owns 4,816 shares of the company's stock worth $73,000 after purchasing an additional 1,784 shares during the period. Finally, Millstone Evans Group LLC acquired a new stake in Blue Owl Capital during the fourth quarter worth about $76,000. Institutional investors and hedge funds own 42.83% of the company's stock.

Wall Street Analysts Forecast Growth

OBDC has been the topic of a number of recent research reports. Jefferies Financial Group began coverage on Blue Owl Capital in a research note on Friday, April 11th. They issued a "buy" rating and a $16.00 target price on the stock. JMP Securities reiterated an "outperform" rating on shares of Blue Owl Capital in a research report on Tuesday, February 4th. Wells Fargo & Company dropped their target price on shares of Blue Owl Capital from $15.00 to $14.00 and set an "equal weight" rating on the stock in a report on Monday. Citizens Jmp raised Blue Owl Capital to a "strong-buy" rating in a report on Monday, February 3rd. Finally, Keefe, Bruyette & Woods reduced their price target on shares of Blue Owl Capital from $15.10 to $14.50 and set a "market perform" rating for the company in a research report on Tuesday, April 8th. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $16.07.

Insider Buying and Selling at Blue Owl Capital

In other news, Director Chris Temple acquired 15,000 shares of the stock in a transaction dated Thursday, March 6th. The shares were acquired at an average cost of $14.80 per share, for a total transaction of $222,000.00. Following the completion of the transaction, the director now owns 51,000 shares in the company, valued at approximately $754,800. This trade represents a 41.67 % increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.11% of the company's stock.

Blue Owl Capital Stock Up 1.5 %

NYSE:OBDC traded up $0.21 during mid-day trading on Friday, reaching $14.07. The stock had a trading volume of 1,001,078 shares, compared to its average volume of 3,799,784. The business's 50 day moving average is $14.34 and its 200 day moving average is $14.84. Blue Owl Capital Co. has a fifty-two week low of $12.11 and a fifty-two week high of $16.91. The stock has a market cap of $7.19 billion, a P/E ratio of 9.19 and a beta of 0.73. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.19 and a quick ratio of 1.28.

Blue Owl Capital (NYSE:OBDC - Get Free Report) last released its quarterly earnings results on Wednesday, February 19th. The company reported $0.47 EPS for the quarter, beating analysts' consensus estimates of $0.46 by $0.01. The company had revenue of $394.39 million for the quarter, compared to analyst estimates of $395.24 million. Blue Owl Capital had a net margin of 37.26% and a return on equity of 12.38%. As a group, sell-side analysts predict that Blue Owl Capital Co. will post 1.71 earnings per share for the current year.

Blue Owl Capital Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st were issued a dividend of $0.05 per share. The ex-dividend date of this dividend was Monday, March 31st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.42%. Blue Owl Capital's dividend payout ratio (DPR) is presently 96.73%.

Blue Owl Capital Profile

Blue Owl Capital Corporation is a business development company. It specializes in direct and fund of fund investments. The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and second lien term loans and common equity investments.