GWN Securities Inc. Invests $420,000 in Blue Owl Capital Co. (NYSE:OBDC)

GWN Securities Inc. bought a new position in shares of Blue Owl Capital Co. (NYSE:OBDC) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 28,251 shares of the company’s stock, valued at approximately $420,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Fifth Third Bancorp increased its stake in shares of Blue Owl Capital by 192.2% during the fourth quarter. Fifth Third Bancorp now owns 2,922 shares of the company’s stock worth $44,000 after purchasing an additional 1,922 shares in the last quarter. National Bank of Canada FI increased its stake in shares of Blue Owl Capital by 144.7% during the third quarter. National Bank of Canada FI now owns 4,160 shares of the company’s stock worth $61,000 after purchasing an additional 2,460 shares in the last quarter. Westend Capital Management LLC increased its stake in shares of Blue Owl Capital by 58.8% during the fourth quarter. Westend Capital Management LLC now owns 4,816 shares of the company’s stock worth $73,000 after purchasing an additional 1,784 shares in the last quarter. Venturi Wealth Management LLC purchased a new stake in Blue Owl Capital during the 4th quarter valued at about $77,000. Finally, Canton Hathaway LLC purchased a new stake in Blue Owl Capital during the 4th quarter valued at about $84,000. Hedge funds and other institutional investors own 42.83% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on the stock. Citizens Jmp raised shares of Blue Owl Capital to a “strong-buy” rating in a research note on Monday, February 3rd. Royal Bank of Canada reaffirmed an “outperform” rating and set a $17.00 price objective on shares of Blue Owl Capital in a research note on Tuesday, November 19th. Keefe, Bruyette & Woods raised shares of Blue Owl Capital from a “moderate sell” rating to a “hold” rating in a research note on Friday, February 21st. Finally, JMP Securities reaffirmed an “outperform” rating on shares of Blue Owl Capital in a research note on Tuesday, February 4th. One analyst has rated the stock with a sell rating, two have assigned a hold rating, four have issued a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.com, Blue Owl Capital has a consensus rating of “Moderate Buy” and an average target price of $16.08.

Insider Transactions at Blue Owl Capital

In other Blue Owl Capital news, Director Chris Temple bought 15,000 shares of Blue Owl Capital stock in a transaction on Thursday, March 6th. The shares were bought at an average cost of $14.80 per share, for a total transaction of $222,000.00. Following the acquisition, the director now directly owns 51,000 shares in the company, valued at $754,800. This represents a 41.67 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 0.12% of the company’s stock.

Blue Owl Capital Stock Performance

NYSE:OBDC opened at $14.43 on Monday. The company has a debt-to-equity ratio of 1.25, a current ratio of 1.19 and a quick ratio of 1.28. The firm has a market capitalization of $7.37 billion, a price-to-earnings ratio of 9.43 and a beta of 0.85. The company’s 50-day moving average is $15.00 and its two-hundred day moving average is $15.02. Blue Owl Capital Co. has a 1-year low of $13.98 and a 1-year high of $16.91.

Blue Owl Capital (NYSE:OBDC) last issued its quarterly earnings data on Wednesday, February 19th. The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.46 by $0.01. Blue Owl Capital had a net margin of 37.26% and a return on equity of 12.38%. The firm had revenue of $394.39 million for the quarter, compared to analyst estimates of $395.24 million. Analysts forecast that Blue Owl Capital Co. will post 1.71 EPS for the current year.

Blue Owl Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, April 15th. Stockholders of record on Monday, March 31st will be issued a $0.05 dividend. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.20 annualized dividend and a dividend yield of 1.39%. Blue Owl Capital’s dividend payout ratio is currently 96.73%.

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.