Blue Owl Capital Inc. (NYSE:OWL) Shares Acquired by WINTON GROUP Ltd

WINTON GROUP Ltd lifted its stake in Blue Owl Capital Inc. (NYSE:OWL) by 7.6% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 107,677 shares of the company’s stock after purchasing an additional 7,645 shares during the period. WINTON GROUP Ltd’s holdings in Blue Owl Capital were worth $1,911,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC acquired a new stake in shares of Blue Owl Capital during the 1st quarter valued at approximately $26,000. ORG Partners LLC acquired a new position in Blue Owl Capital during the second quarter worth $32,000. Family Firm Inc. acquired a new stake in Blue Owl Capital in the second quarter valued at $40,000. Rothschild Investment LLC purchased a new position in shares of Blue Owl Capital in the second quarter valued at $45,000. Finally, Triad Wealth Partners LLC acquired a new position in shares of Blue Owl Capital during the 2nd quarter worth $88,000. Hedge funds and other institutional investors own 35.85% of the company’s stock.

Blue Owl Capital Stock Up 2.1 %

Shares of NYSE:OWL opened at $17.54 on Monday. The company has a market cap of $25.06 billion, a P/E ratio of 146.17, a P/E/G ratio of 1.07 and a beta of 1.17. The business has a fifty day simple moving average of $17.66 and a 200-day simple moving average of $18.03. Blue Owl Capital Inc. has a 52 week low of $12.00 and a 52 week high of $20.13.

Blue Owl Capital (NYSE:OWL) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. The firm had revenue of $549.85 million during the quarter, compared to analyst estimates of $507.22 million. Blue Owl Capital had a net margin of 4.64% and a return on equity of 19.15%. During the same quarter in the prior year, the business posted $0.16 earnings per share. Sell-side analysts expect that Blue Owl Capital Inc. will post 0.79 earnings per share for the current fiscal year.

Blue Owl Capital Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 30th. Investors of record on Wednesday, August 21st were given a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 4.10%. The ex-dividend date was Wednesday, August 21st. Blue Owl Capital’s dividend payout ratio (DPR) is currently 600.00%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on OWL shares. UBS Group lowered their price objective on shares of Blue Owl Capital from $22.00 to $21.00 and set a “buy” rating on the stock in a research note on Wednesday, July 10th. Oppenheimer upgraded shares of Blue Owl Capital from a “market perform” rating to an “outperform” rating and set a $21.00 price target on the stock in a research report on Friday, August 2nd. Piper Sandler cut their price objective on Blue Owl Capital from $23.00 to $21.00 and set an “overweight” rating for the company in a research report on Wednesday, July 10th. TD Cowen reaffirmed a “hold” rating and issued a $19.00 target price (down previously from $21.50) on shares of Blue Owl Capital in a research note on Monday, July 8th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $18.50 price target on shares of Blue Owl Capital in a research report on Thursday, June 13th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, Blue Owl Capital has a consensus rating of “Moderate Buy” and a consensus price target of $20.10.

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.