Blue Owl Capital Inc. (NYSE:OWL) Shares Purchased by Voya Investment Management LLC

Voya Investment Management LLC boosted its holdings in shares of Blue Owl Capital Inc. (NYSE:OWL - Free Report) by 163.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,177,288 shares of the company's stock after buying an additional 3,209,934 shares during the period. Voya Investment Management LLC owned approximately 0.35% of Blue Owl Capital worth $120,424,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Rakuten Securities Inc. purchased a new position in shares of Blue Owl Capital in the 4th quarter valued at approximately $27,000. Allworth Financial LP raised its holdings in shares of Blue Owl Capital by 43.3% in the fourth quarter. Allworth Financial LP now owns 1,416 shares of the company's stock worth $36,000 after buying an additional 428 shares during the last quarter. Jones Financial Companies Lllp lifted its stake in shares of Blue Owl Capital by 232.7% during the fourth quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company's stock worth $44,000 after buying an additional 1,315 shares during the period. Principal Securities Inc. grew its holdings in shares of Blue Owl Capital by 30.6% during the fourth quarter. Principal Securities Inc. now owns 1,921 shares of the company's stock valued at $45,000 after buying an additional 450 shares during the last quarter. Finally, Versant Capital Management Inc increased its position in shares of Blue Owl Capital by 136.2% in the 4th quarter. Versant Capital Management Inc now owns 1,925 shares of the company's stock valued at $45,000 after acquiring an additional 1,110 shares during the period. 35.85% of the stock is currently owned by hedge funds and other institutional investors.

Blue Owl Capital Stock Down 1.9 %

OWL stock traded down $0.36 during mid-day trading on Wednesday, hitting $18.24. 2,155,590 shares of the company were exchanged, compared to its average volume of 6,705,473. The business has a fifty day simple moving average of $19.14 and a 200-day simple moving average of $22.08. The firm has a market capitalization of $28.05 billion, a P/E ratio of 107.30, a PEG ratio of 1.23 and a beta of 1.20. Blue Owl Capital Inc. has a 12-month low of $14.55 and a 12-month high of $26.73.

Blue Owl Capital (NYSE:OWL - Get Free Report) last announced its earnings results on Thursday, February 6th. The company reported $0.21 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. Research analysts predict that Blue Owl Capital Inc. will post 0.92 EPS for the current year.

Blue Owl Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th were paid a $0.18 dividend. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.72 annualized dividend and a dividend yield of 3.95%. Blue Owl Capital's dividend payout ratio (DPR) is 423.53%.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. JMP Securities reduced their price objective on Blue Owl Capital from $32.00 to $28.00 and set a "market outperform" rating for the company in a research note on Tuesday, April 8th. Piper Sandler reduced their price target on shares of Blue Owl Capital from $27.00 to $21.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Citigroup dropped their price objective on shares of Blue Owl Capital from $30.00 to $23.00 and set a "buy" rating on the stock in a report on Tuesday, April 8th. Oppenheimer set a $24.00 target price on shares of Blue Owl Capital and gave the stock an "outperform" rating in a report on Wednesday, April 16th. Finally, Wells Fargo & Company dropped their target price on shares of Blue Owl Capital from $22.00 to $19.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. Four research analysts have rated the stock with a hold rating and nine have given a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $23.79.

About Blue Owl Capital

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.