Teamwork Financial Advisors LLC Takes $401,000 Position in Blue Owl Capital Inc. (NYSE:OWL)

Teamwork Financial Advisors LLC purchased a new position in shares of Blue Owl Capital Inc. (NYSE:OWL) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 17,226 shares of the company’s stock, valued at approximately $401,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. ORG Wealth Partners LLC acquired a new stake in shares of Blue Owl Capital in the 3rd quarter worth $32,000. Versant Capital Management Inc boosted its holdings in 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 purchasing an additional 1,110 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in Blue Owl Capital in the 3rd quarter valued at approximately $138,000. Signaturefd LLC increased its position in Blue Owl Capital by 19.3% during the 3rd quarter. Signaturefd LLC now owns 9,137 shares of the company’s stock worth $177,000 after purchasing an additional 1,476 shares during the period. Finally, Chiron Investment Management LLC purchased a new position in shares of Blue Owl Capital during the 3rd quarter worth approximately $196,000. 35.85% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

OWL has been the topic of a number of recent analyst reports. JMP Securities reaffirmed a “market outperform” rating and set a $27.00 price objective on shares of Blue Owl Capital in a report on Wednesday, December 4th. Evercore ISI increased their price target on shares of Blue Owl Capital from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Friday, January 17th. Keefe, Bruyette & Woods boosted their price objective on shares of Blue Owl Capital from $22.00 to $26.00 and gave the stock a “market perform” rating in a report on Friday, December 20th. Piper Sandler increased their target price on shares of Blue Owl Capital from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Monday, December 23rd. Finally, Wells Fargo & Company cut their price target on Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $25.10.

Blue Owl Capital Stock Up 4.4 %

Shares of Blue Owl Capital stock opened at $25.58 on Thursday. Blue Owl Capital Inc. has a fifty-two week low of $15.18 and a fifty-two week high of $25.61. The business’s fifty day moving average is $23.64 and its two-hundred day moving average is $20.83. The firm has a market cap of $38.20 billion, a PE ratio of 150.45, a P/E/G ratio of 1.32 and a beta of 1.14.

Blue Owl Capital (NYSE:OWL) last released its earnings results on Thursday, October 31st. The company reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. The firm had revenue of $600.88 million for the quarter, compared to the consensus estimate of $565.93 million. During the same period in the prior year, the business posted $0.16 earnings per share. Equities research analysts anticipate that Blue Owl Capital Inc. will post 0.78 EPS for the current year.

Blue Owl Capital Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 11th were paid a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a yield of 2.82%. The ex-dividend date of this dividend was Monday, November 11th. Blue Owl Capital’s dividend payout ratio is currently 423.55%.

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.