Toth Financial Advisory Corp Sells 500 Shares of Blue Owl Capital Inc. (NYSE:OWL)

Toth Financial Advisory Corp reduced its position in shares of Blue Owl Capital Inc. (NYSE:OWL) by 0.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 55,900 shares of the company’s stock after selling 500 shares during the quarter. Toth Financial Advisory Corp’s holdings in Blue Owl Capital were worth $1,300,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in OWL. Kovitz Investment Group Partners LLC grew its holdings in Blue Owl Capital by 1.4% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 32,852 shares of the company’s stock worth $622,000 after acquiring an additional 443 shares during the last quarter. Miracle Mile Advisors LLC grew its holdings in Blue Owl Capital by 4.1% in the 4th quarter. Miracle Mile Advisors LLC now owns 12,289 shares of the company’s stock worth $286,000 after acquiring an additional 479 shares during the last quarter. King Luther Capital Management Corp grew its holdings in Blue Owl Capital by 0.6% in the 3rd quarter. King Luther Capital Management Corp now owns 79,919 shares of the company’s stock worth $1,547,000 after acquiring an additional 485 shares during the last quarter. Apollon Wealth Management LLC grew its position in shares of Blue Owl Capital by 1.1% in the 3rd quarter. Apollon Wealth Management LLC now owns 52,097 shares of the company’s stock worth $1,009,000 after buying an additional 565 shares during the last quarter. Finally, PNC Financial Services Group Inc. grew its position in shares of Blue Owl Capital by 0.6% in the 3rd quarter. PNC Financial Services Group Inc. now owns 95,623 shares of the company’s stock worth $1,851,000 after buying an additional 575 shares during the last quarter. Hedge funds and other institutional investors own 35.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on OWL. JMP Securities reiterated a “market outperform” rating and issued a $27.00 price objective on shares of Blue Owl Capital in a research report on Wednesday, December 4th. Citigroup reaffirmed a “buy” rating and set a $30.00 target price on shares of Blue Owl Capital in a research note on Thursday. Oppenheimer lifted their target price on shares of Blue Owl Capital from $24.00 to $28.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Keefe, Bruyette & Woods lifted their target price on shares of Blue Owl Capital from $22.00 to $26.00 and gave the company a “market perform” rating in a research note on Friday, December 20th. Finally, Wells Fargo & Company cut their target price on shares of 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. Four analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $25.85.

Blue Owl Capital Trading Up 2.5 %

Blue Owl Capital stock opened at $26.68 on Friday. The business’s fifty day simple moving average is $23.79 and its two-hundred day simple moving average is $20.93. Blue Owl Capital Inc. has a 12 month low of $15.18 and a 12 month high of $26.73. The company has a market capitalization of $39.85 billion, a price-to-earnings ratio of 156.97, a price-to-earnings-growth ratio of 1.39 and a beta of 1.14.

Blue Owl Capital (NYSE:OWL) last released its earnings results on Thursday, October 31st. The company reported $0.20 EPS for the quarter, hitting the consensus estimate of $0.20. The business had revenue of $600.88 million for the quarter, compared to the consensus estimate of $565.93 million. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. During the same period in the previous year, the company posted $0.16 earnings per share. On average, equities research analysts predict that Blue Owl Capital Inc. will post 0.78 EPS for the current year.

Blue Owl Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Stockholders of record on Monday, November 11th were paid a $0.18 dividend. The ex-dividend date of this dividend was Monday, November 11th. This represents a $0.72 annualized dividend and a dividend yield of 2.70%. Blue Owl Capital’s dividend payout ratio is presently 423.55%.

Blue Owl Capital Company 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.