Blue Owl Capital Co. (NYSE:OBDC) Position Increased by Mirador Capital Partners LP

Mirador Capital Partners LP raised its stake in Blue Owl Capital Co. (NYSE:OBDC) by 7.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 30,474 shares of the company’s stock after buying an additional 2,187 shares during the period. Mirador Capital Partners LP’s holdings in Blue Owl Capital were worth $461,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Bank of New York Mellon Corp lifted its holdings in shares of Blue Owl Capital by 37.7% during the second quarter. Bank of New York Mellon Corp now owns 40,313 shares of the company’s stock valued at $619,000 after purchasing an additional 11,041 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Blue Owl Capital by 13.6% during the second quarter. Envestnet Asset Management Inc. now owns 423,169 shares of the company’s stock valued at $6,500,000 after buying an additional 50,752 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new position in shares of Blue Owl Capital in the second quarter worth about $296,000. Blair William & Co. IL increased its position in shares of Blue Owl Capital by 29.0% in the second quarter. Blair William & Co. IL now owns 38,919 shares of the company’s stock worth $598,000 after acquiring an additional 8,759 shares in the last quarter. Finally, WCG Wealth Advisors LLC raised its holdings in shares of Blue Owl Capital by 11.9% during the second quarter. WCG Wealth Advisors LLC now owns 54,564 shares of the company’s stock valued at $838,000 after acquiring an additional 5,801 shares during the period. Institutional investors and hedge funds own 42.83% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on OBDC shares. Wells Fargo & Company raised their price objective on shares of Blue Owl Capital from $14.00 to $14.50 and gave the stock an “underweight” rating in a research note on Tuesday, October 29th. 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 research report on Thursday, December 12th. Finally, Royal Bank of Canada reissued an “outperform” rating and set a $17.00 price target on shares of Blue Owl Capital in a research report on Tuesday, November 19th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $15.92.

Blue Owl Capital Trading Up 0.5 %

Blue Owl Capital stock opened at $15.00 on Thursday. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.30. Blue Owl Capital Co. has a 12 month low of $13.98 and a 12 month high of $16.91. The company’s fifty day simple moving average is $15.12 and its 200-day simple moving average is $15.04. The stock has a market cap of $5.85 billion, a P/E ratio of 9.32 and a beta of 0.84.

Blue Owl Capital Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $0.37 dividend. This is a positive change from Blue Owl Capital’s previous quarterly dividend of $0.06. This represents a $1.48 annualized dividend and a yield of 9.87%. The ex-dividend date of this dividend was Tuesday, December 31st. Blue Owl Capital’s dividend payout ratio is presently 91.93%.

Blue Owl Capital Company 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.