716,000 Shares in Blue Owl Capital Inc. (NYSE:OWL) Acquired by Maestria Partners LLC

Maestria Partners LLC bought a new stake in Blue Owl Capital Inc. (NYSE:OWL) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 716,000 shares of the company’s stock, valued at approximately $16,654,000. Blue Owl Capital makes up about 6.6% of Maestria Partners LLC’s investment portfolio, making the stock its 7th largest position.

Several other hedge funds also recently bought and sold shares of OWL. Rakuten Securities Inc. bought a new stake in shares of Blue Owl Capital in the 4th quarter valued at $27,000. Allworth Financial LP increased its holdings in shares of Blue Owl Capital by 43.3% in the fourth quarter. Allworth Financial LP now owns 1,416 shares of the company’s stock worth $36,000 after acquiring an additional 428 shares in the last quarter. Jones Financial Companies Lllp increased its holdings in shares of Blue Owl Capital by 232.7% in the fourth quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company’s stock worth $44,000 after acquiring an additional 1,315 shares in the last quarter. Principal Securities Inc. raised its position in shares of Blue Owl Capital by 30.6% during the fourth quarter. Principal Securities Inc. now owns 1,921 shares of the company’s stock worth $45,000 after purchasing an additional 450 shares during the period. Finally, Versant Capital Management Inc lifted its holdings in shares of Blue Owl Capital by 136.2% during the 4th quarter. Versant Capital Management Inc now owns 1,925 shares of the company’s stock valued at $45,000 after purchasing an additional 1,110 shares in the last quarter. 35.85% of the stock is currently owned by institutional investors and hedge funds.

Blue Owl Capital Stock Up 6.2 %

OWL stock opened at $21.06 on Thursday. Blue Owl Capital Inc. has a twelve month low of $15.18 and a twelve month high of $26.73. The company has a market cap of $32.38 billion, a price-to-earnings ratio of 123.87, a P/E/G ratio of 1.23 and a beta of 1.19. The business has a 50 day moving average price of $22.76 and a two-hundred day moving average price of $22.14.

Blue Owl Capital (NYSE:OWL) last issued its earnings results on Thursday, February 6th. The company reported $0.21 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.21. Blue Owl Capital had a net margin of 4.77% and a return on equity of 20.82%. On average, equities research analysts anticipate that Blue Owl Capital Inc. will post 0.92 EPS for the current fiscal year.

Blue Owl Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were issued a $0.18 dividend. The ex-dividend date was Wednesday, February 19th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 3.42%. Blue Owl Capital’s payout ratio is 423.53%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on OWL. JMP Securities reissued a “market outperform” rating and set a $32.00 target price (up from $30.00) on shares of Blue Owl Capital in a research note on Friday, February 7th. Barclays started coverage on shares of Blue Owl Capital in a report on Monday, February 24th. They set an “overweight” rating and a $29.00 price objective on the stock. Evercore ISI upped their target price on shares of Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Friday, January 17th. Wells Fargo & Company dropped their price target on Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating on the stock in a research note on Tuesday, January 14th. Finally, Oppenheimer upped their price objective on Blue Owl Capital from $24.00 to $28.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. Four research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Blue Owl Capital currently has an average rating of “Moderate Buy” and an average target price of $26.48.

Blue Owl Capital Profile

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.