Blue Owl Capital (NYSE:OWL) Receives Buy Rating from Deutsche Bank Aktiengesellschaft

Blue Owl Capital (NYSE:OWLGet Free Report)‘s stock had its “buy” rating restated by research analysts at Deutsche Bank Aktiengesellschaft in a report released on Monday, Benzinga reports. They currently have a $21.00 price objective on the stock. Deutsche Bank Aktiengesellschaft’s price objective would indicate a potential upside of 25.82% from the company’s previous close.

Several other analysts have also recently weighed in on the stock. Citigroup reiterated a “buy” rating and issued a $21.00 price target on shares of Blue Owl Capital in a report on Tuesday, May 14th. The Goldman Sachs Group boosted their target price on shares of Blue Owl Capital from $17.75 to $20.25 and gave the company a “buy” rating in a report on Monday, February 12th. TD Cowen dropped their target price on shares of Blue Owl Capital from $23.00 to $21.50 and set a “buy” rating on the stock in a report on Friday, May 3rd. Piper Sandler boosted their target price on shares of Blue Owl Capital from $22.00 to $23.00 and gave the company an “overweight” rating in a report on Wednesday, April 10th. Finally, UBS Group upgraded shares of Blue Owl Capital from a “neutral” rating to a “buy” rating and boosted their target price for the company from $18.00 to $22.00 in a report on Tuesday, April 2nd. Two investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $20.43.

View Our Latest Research Report on OWL

Blue Owl Capital Stock Down 0.2 %

Shares of NYSE OWL opened at $16.69 on Monday. Blue Owl Capital has a 52 week low of $10.64 and a 52 week high of $19.87. The firm’s fifty day moving average is $18.58 and its 200 day moving average is $16.87. The company has a market cap of $23.85 billion, a price-to-earnings ratio of 139.08, a PEG ratio of 0.98 and a beta of 1.20.

Blue Owl Capital (NYSE:OWLGet Free Report) last released its quarterly earnings results 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. The business had revenue of $486.55 million for the quarter, compared to analysts’ expectations of $478.47 million. Blue Owl Capital had a net margin of 3.84% and a return on equity of 18.15%. Equities research analysts anticipate that Blue Owl Capital will post 0.82 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in OWL. Principal Financial Group Inc. grew its stake in shares of Blue Owl Capital by 5.6% during the 3rd quarter. Principal Financial Group Inc. now owns 38,703 shares of the company’s stock valued at $502,000 after acquiring an additional 2,051 shares during the period. Oppenheimer & Co. Inc. grew its stake in shares of Blue Owl Capital by 25.9% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 17,733 shares of the company’s stock valued at $230,000 after acquiring an additional 3,651 shares during the period. Amalgamated Bank grew its stake in shares of Blue Owl Capital by 25.5% during the 3rd quarter. Amalgamated Bank now owns 53,910 shares of the company’s stock valued at $699,000 after acquiring an additional 10,956 shares during the period. Swiss National Bank grew its stake in shares of Blue Owl Capital by 1.0% during the 3rd quarter. Swiss National Bank now owns 784,000 shares of the company’s stock valued at $10,161,000 after acquiring an additional 7,900 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in shares of Blue Owl Capital during the 3rd quarter valued at approximately $144,000. 35.85% of the stock is currently owned by institutional investors.

About Blue Owl Capital

(Get 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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Analyst Recommendations for Blue Owl Capital (NYSE:OWL)

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