Savant Capital LLC Invests $239,000 in Blue Owl Capital Co. (NYSE:OBDC)

Savant Capital LLC acquired a new position in Blue Owl Capital Co. (NYSE:OBDC) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 16,193 shares of the company’s stock, valued at approximately $239,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GPS Wealth Strategies Group LLC acquired a new stake in Blue Owl Capital in the 4th quarter worth about $41,000. CVA Family Office LLC acquired a new stake in Blue Owl Capital in the 4th quarter worth about $61,000. Register Financial Advisors LLC acquired a new stake in Blue Owl Capital in the 4th quarter worth about $64,000. Parkside Financial Bank & Trust acquired a new stake in Blue Owl Capital in the 4th quarter worth about $66,000. Finally, Bourgeon Capital Management LLC acquired a new stake in Blue Owl Capital in the 4th quarter worth about $70,000. Institutional investors and hedge funds own 42.83% of the company’s stock.

Insiders Place Their Bets

In other Blue Owl Capital news, Director Edward H. Dalelio bought 3,000 shares of Blue Owl Capital stock in a transaction on Tuesday, March 5th. The shares were purchased at an average cost of $15.07 per share, with a total value of $45,210.00. Following the acquisition, the director now directly owns 6,217 shares of the company’s stock, valued at approximately $93,690.19. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.12% of the company’s stock.

Blue Owl Capital Trading Up 1.9 %

Shares of Blue Owl Capital stock opened at $16.33 on Tuesday. The firm has a market capitalization of $6.36 billion, a PE ratio of 8.04 and a beta of 0.88. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.18. The firm’s 50 day moving average is $15.44 and its 200 day moving average is $14.93. Blue Owl Capital Co. has a 1 year low of $12.49 and a 1 year high of $16.34.

Blue Owl Capital (NYSE:OBDC) last announced its quarterly earnings results on Wednesday, February 21st. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.03. The company had revenue of $411.23 million for the quarter, compared to analyst estimates of $397.42 million. Blue Owl Capital had a net margin of 50.14% and a return on equity of 12.62%. Equities research analysts forecast that Blue Owl Capital Co. will post 1.9 earnings per share for the current fiscal year.

Blue Owl Capital Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 15th. Shareholders of record on Friday, March 1st were issued a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date was Thursday, February 29th. Blue Owl Capital’s payout ratio is 68.97%.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on OBDC shares. Wells Fargo & Company lifted their price objective on shares of Blue Owl Capital from $13.00 to $14.50 and gave the stock an “underweight” rating in a research note on Monday, January 29th. B. Riley cut shares of Blue Owl Capital from a “buy” rating to a “neutral” rating and set a $15.50 target price for the company. in a research report on Monday, January 8th. Finally, JMP Securities restated a “market outperform” rating and issued a $16.00 target price on shares of Blue Owl Capital in a research report on Tuesday, March 26th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Blue Owl Capital has a consensus rating of “Hold” and a consensus price target of $15.50.

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.