Vanguard Personalized Indexing Management LLC Grows Stake in Blue Owl Capital Inc. (NYSE:OWL)

Vanguard Personalized Indexing Management LLC lifted its stake in Blue Owl Capital Inc. (NYSE:OWLFree Report) by 47.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,938 shares of the company’s stock after buying an additional 7,696 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Blue Owl Capital were worth $357,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of OWL. Vanguard Group Inc. lifted its position in Blue Owl Capital by 3.3% during the 3rd quarter. Vanguard Group Inc. now owns 40,199,339 shares of the company’s stock worth $520,983,000 after acquiring an additional 1,293,941 shares in the last quarter. Westfield Capital Management Co. LP purchased a new position in shares of Blue Owl Capital in the third quarter valued at $59,997,000. Charles Schwab Investment Management Inc. grew its holdings in Blue Owl Capital by 2.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 3,620,694 shares of the company’s stock valued at $53,948,000 after purchasing an additional 100,188 shares in the last quarter. HighTower Advisors LLC increased its stake in Blue Owl Capital by 35.2% during the 3rd quarter. HighTower Advisors LLC now owns 2,487,840 shares of the company’s stock worth $32,242,000 after buying an additional 647,815 shares during the period. Finally, Advent International L.P. acquired a new position in Blue Owl Capital in the 3rd quarter worth $30,780,000. Institutional investors and hedge funds own 35.85% of the company’s stock.

Blue Owl Capital Stock Up 2.3 %

OWL opened at $19.27 on Monday. The company’s 50-day moving average price is $18.62 and its 200 day moving average price is $16.55. Blue Owl Capital Inc. has a fifty-two week low of $9.70 and a fifty-two week high of $19.87. The firm has a market cap of $27.53 billion, a price-to-earnings ratio of 160.58, a price-to-earnings-growth ratio of 1.13 and a beta of 1.24.

Blue Owl Capital (NYSE:OWLGet Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.16 by $0.01. Blue Owl Capital had a net margin of 3.84% and a return on equity of 18.15%. The firm had revenue of $486.55 million for the quarter, compared to the consensus estimate of $478.47 million. Research analysts anticipate that Blue Owl Capital Inc. will post 0.82 earnings per share for the current year.

Blue Owl Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, May 30th. Investors of record on Tuesday, May 21st will be issued a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 3.74%. This is a positive change from Blue Owl Capital’s previous quarterly dividend of $0.14. The ex-dividend date is Monday, May 20th. Blue Owl Capital’s dividend payout ratio is 600.00%.

Wall Street Analyst Weigh In

OWL has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft lifted their target price on Blue Owl Capital from $20.00 to $21.00 and gave the stock a “buy” rating in a research report on Thursday, April 18th. Evercore ISI raised their price target on shares of Blue Owl Capital from $18.00 to $22.00 and gave the stock an “outperform” rating in a research report on Thursday, April 4th. Citigroup reaffirmed a “buy” rating and issued a $21.00 price target on shares of Blue Owl Capital in a report on Tuesday, May 14th. UBS Group raised shares of Blue Owl Capital from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $18.00 to $22.00 in a report on Tuesday, April 2nd. Finally, Keefe, Bruyette & Woods restated a “market perform” rating and issued a $19.00 target price on shares of Blue Owl Capital in a research note on Thursday, April 4th. Two analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat.com, Blue Owl Capital has a consensus rating of “Moderate Buy” and a consensus price target of $20.43.

View Our Latest Report on Blue Owl Capital

About Blue Owl Capital

(Free Report)

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.

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Institutional Ownership by Quarter for Blue Owl Capital (NYSE:OWL)

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