U.S. Capital Wealth Advisors LLC Buys 14,801 Shares of Blue Owl Capital Co. (NYSE:OBDC)

U.S. Capital Wealth Advisors LLC raised its stake in shares of Blue Owl Capital Co. (NYSE:OBDC) by 18.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 94,196 shares of the company’s stock after purchasing an additional 14,801 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Blue Owl Capital were worth $1,424,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the company. Icon Wealth Advisors LLC lifted its holdings in shares of Blue Owl Capital by 3,524.0% during the 3rd quarter. Icon Wealth Advisors LLC now owns 579,799 shares of the company’s stock worth $8,448,000 after acquiring an additional 563,800 shares during the period. Van ECK Associates Corp raised its holdings in shares of Blue Owl Capital by 4.9% in the 3rd quarter. Van ECK Associates Corp now owns 7,472,128 shares of the company’s stock worth $112,754,000 after buying an additional 347,155 shares in the last quarter. Sound Income Strategies LLC raised its holdings in shares of Blue Owl Capital by 6.4% in the 4th quarter. Sound Income Strategies LLC now owns 3,024,260 shares of the company’s stock worth $45,727,000 after buying an additional 182,002 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Blue Owl Capital in the 2nd quarter worth approximately $2,667,000. Finally, Stephens Inc. AR raised its holdings in shares of Blue Owl Capital by 4.3% in the 3rd quarter. Stephens Inc. AR now owns 3,219,576 shares of the company’s stock worth $46,909,000 after buying an additional 132,386 shares in the last quarter. Institutional investors and hedge funds own 42.83% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Keefe, Bruyette & Woods reaffirmed an “underperform” rating and issued a $14.00 target price (down previously from $15.50) on shares of Blue Owl Capital in a report on Thursday, December 12th. Wells Fargo & Company upped their target price on shares of Blue Owl Capital from $14.00 to $14.50 and gave the stock an “underweight” rating in a report on Tuesday, October 29th. Royal Bank of Canada reissued an “outperform” rating and issued a $17.00 target price on shares of Blue Owl Capital in a report on Tuesday, November 19th. Finally, JMP Securities boosted their target price on Blue Owl Capital from $16.50 to $17.00 and gave the stock a “market outperform” rating in a report on Tuesday. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $16.08.

Blue Owl Capital Trading Up 0.1 %

Shares of NYSE OBDC opened at $15.10 on Wednesday. The company’s 50 day simple moving average is $15.11 and its 200 day simple moving average is $14.98. Blue Owl Capital Co. has a fifty-two week low of $13.98 and a fifty-two week high of $16.91. The firm has a market capitalization of $5.89 billion, a P/E ratio of 9.38 and a beta of 0.83. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.28 and a quick ratio of 1.28.

Blue Owl Capital (NYSE:OBDC) last announced its quarterly earnings data on Wednesday, November 6th. The company reported $0.47 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.01). Blue Owl Capital had a net margin of 38.99% and a return on equity of 12.59%. The business had revenue of $406.03 million during the quarter, compared to analyst estimates of $399.85 million. During the same quarter in the prior year, the company earned $0.49 earnings per share. On average, analysts predict that Blue Owl Capital Co. will post 1.89 EPS for the current year.

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.