Copeland Capital Management LLC Buys Shares of 4,414 Blue Owl Capital Inc. (NYSE:OWL)

Copeland Capital Management LLC purchased a new position in Blue Owl Capital Inc. (NYSE:OWL) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,414 shares of the company’s stock, valued at approximately $103,000.

Several other large investors also recently modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of Blue Owl Capital by 17.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company’s stock valued at $174,829,000 after purchasing an additional 1,372,865 shares during the period. Westfield Capital Management Co. LP boosted its holdings in shares of Blue Owl Capital by 4.6% in the third quarter. Westfield Capital Management Co. LP now owns 6,736,287 shares of the company’s stock worth $130,415,000 after buying an additional 293,221 shares during the last quarter. Barclays PLC grew its position in Blue Owl Capital by 13.7% during the third quarter. Barclays PLC now owns 1,571,806 shares of the company’s stock valued at $30,430,000 after buying an additional 189,082 shares during the period. Capital CS Group LLC purchased a new stake in Blue Owl Capital during the fourth quarter valued at approximately $620,000. Finally, Merit Financial Group LLC bought a new position in Blue Owl Capital in the fourth quarter worth approximately $519,000. Institutional investors own 35.85% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on OWL. The Goldman Sachs Group lowered Blue Owl Capital from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $25.00 to $24.75 in a research note on Monday, January 6th. Evercore ISI upped their price target on Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Friday, January 17th. Citigroup reaffirmed a “buy” rating and set a $30.00 price objective on shares of Blue Owl Capital in a research report on Thursday, January 23rd. Wells Fargo & Company cut their price objective on Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating for the company in a research note on Tuesday, January 14th. Finally, Keefe, Bruyette & Woods raised their target price on shares of Blue Owl Capital from $22.00 to $26.00 and gave the stock a “market perform” rating in a research note on Friday, December 20th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Blue Owl Capital currently has an average rating of “Moderate Buy” and a consensus price target of $25.85.

Blue Owl Capital Stock Performance

OWL opened at $26.05 on Monday. The stock has a market capitalization of $38.91 billion, a price-to-earnings ratio of 153.24, a PEG ratio of 1.39 and a beta of 1.14. The company has a fifty day moving average of $23.98 and a 200 day moving average of $21.26. Blue Owl Capital Inc. has a fifty-two week low of $15.18 and a fifty-two week high of $26.73.

Blue Owl Capital (NYSE:OWL) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.20 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.20. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. The firm had revenue of $600.88 million during the quarter, compared to analyst estimates of $565.93 million. During the same quarter last year, the business posted $0.16 earnings per share. On average, equities research analysts forecast that Blue Owl Capital Inc. will post 0.78 earnings per share for the current year.

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.