Avior Wealth Management LLC Sells 9,441 Shares of Blue Owl Capital Inc. (NYSE:OWL)

Avior Wealth Management LLC cut its position in shares of Blue Owl Capital Inc. (NYSE:OWL) by 25.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 27,203 shares of the company’s stock after selling 9,441 shares during the quarter. Avior Wealth Management LLC’s holdings in Blue Owl Capital were worth $633,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of OWL. Teamwork Financial Advisors LLC bought a new stake in shares of Blue Owl Capital in the fourth quarter worth $401,000. Mutual Advisors LLC boosted its position in Blue Owl Capital by 10.1% during the fourth quarter. Mutual Advisors LLC now owns 31,963 shares of the company’s stock valued at $748,000 after purchasing an additional 2,935 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in Blue Owl Capital by 8.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 75,319 shares of the company’s stock valued at $1,752,000 after purchasing an additional 5,985 shares in the last quarter. SG Americas Securities LLC increased its position in shares of Blue Owl Capital by 118.7% during the 4th quarter. SG Americas Securities LLC now owns 21,777 shares of the company’s stock worth $507,000 after purchasing an additional 11,818 shares during the last quarter. Finally, Dakota Wealth Management bought a new stake in shares of Blue Owl Capital during the 4th quarter worth approximately $215,000. Institutional investors and hedge funds own 35.85% of the company’s stock.

Blue Owl Capital Stock Up 2.5 %

NYSE OWL opened at $26.68 on Friday. Blue Owl Capital Inc. has a 12-month low of $15.18 and a 12-month high of $26.73. The firm has a 50-day moving average price of $23.79 and a two-hundred day moving average price of $20.96. The company has a market capitalization of $39.85 billion, a P/E ratio of 156.97, a P/E/G ratio of 1.39 and a beta of 1.14.

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

Blue Owl Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 11th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Monday, November 11th. This represents a $0.72 annualized dividend and a yield of 2.70%. Blue Owl Capital’s dividend payout ratio is 423.55%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on OWL shares. UBS Group boosted their target price on shares of Blue Owl Capital from $20.00 to $27.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. TD Cowen raised Blue Owl Capital from a “hold” rating to a “buy” rating and boosted their target price for the stock from $26.00 to $28.00 in a report on Thursday, January 16th. Keefe, Bruyette & Woods raised their price target on Blue Owl Capital from $22.00 to $26.00 and gave the company a “market perform” rating in a report on Friday, December 20th. JMP Securities reissued a “market outperform” rating and issued a $27.00 price objective on shares of Blue Owl Capital in a research report on Wednesday, December 4th. Finally, Evercore ISI raised their target price on shares of Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Friday, January 17th. Four investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $25.85.

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.