SBI Securities Co. Ltd. Invests $460,000 in Blue Owl Capital Inc. (NYSE:OWL)

SBI Securities Co. Ltd. bought a new position in Blue Owl Capital Inc. (NYSE:OWL) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 19,770 shares of the company’s stock, valued at approximately $460,000.

Several other hedge funds and other institutional investors have also modified their holdings of OWL. Allworth Financial LP raised its holdings in shares of Blue Owl Capital by 43.3% during the fourth quarter. Allworth Financial LP now owns 1,416 shares of the company’s stock worth $36,000 after acquiring an additional 428 shares in the last quarter. Jones Financial Companies Lllp raised its holdings 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 acquiring an additional 1,315 shares in the last quarter. Principal Securities Inc. raised 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 worth $45,000 after acquiring an additional 450 shares in the last quarter. Versant Capital Management Inc raised its holdings in shares of Blue Owl Capital by 136.2% during the fourth quarter. Versant Capital Management Inc now owns 1,925 shares of the company’s stock worth $45,000 after acquiring an additional 1,110 shares in the last quarter. Finally, Blue Trust Inc. raised its holdings in shares of Blue Owl Capital by 182.2% during the fourth quarter. Blue Trust Inc. now owns 2,029 shares of the company’s stock worth $47,000 after acquiring an additional 1,310 shares in the last quarter. Institutional investors and hedge funds own 35.85% of the company’s stock.

Blue Owl Capital Stock Performance

NYSE OWL opened at $19.75 on Wednesday. Blue Owl Capital Inc. has a twelve month low of $15.18 and a twelve month high of $26.73. The stock has a market capitalization of $30.38 billion, a PE ratio of 116.20, a P/E/G ratio of 1.23 and a beta of 1.15. The stock has a 50-day simple moving average of $23.65 and a 200 day simple moving average of $22.03.

Blue Owl Capital (NYSE:OWL) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.21 earnings per share for the quarter, hitting the consensus estimate of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. As a group, equities research analysts forecast that Blue Owl Capital Inc. will post 0.92 EPS for the current fiscal year.

Blue Owl Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 19th were given a dividend of $0.18 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.72 annualized dividend and a dividend yield of 3.65%. Blue Owl Capital’s dividend payout ratio is presently 423.53%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on OWL shares. Evercore ISI increased their price objective on Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Friday, January 17th. Barclays started coverage on Blue Owl Capital in a report on Monday, February 24th. They set an “overweight” rating and a $29.00 price objective for the company. The Goldman Sachs Group cut Blue Owl Capital from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $25.00 to $24.75 in a research report on Monday, January 6th. JMP Securities reaffirmed a “market outperform” rating and issued a $32.00 price target (up previously from $30.00) on shares of Blue Owl Capital in a research report on Friday, February 7th. Finally, Keefe, Bruyette & Woods boosted their price target on Blue Owl Capital from $22.00 to $26.00 and gave the stock a “market perform” rating in a research report on Friday, December 20th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $26.48.

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.