MAS Advisors LLC Grows Stock Holdings in Blue Owl Capital Co. (NYSE:OBDC)

MAS Advisors LLC raised its holdings in Blue Owl Capital Co. (NYSE:OBDC) by 16.0% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 19,608 shares of the company’s stock after acquiring an additional 2,707 shares during the period. MAS Advisors LLC’s holdings in Blue Owl Capital were worth $296,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Fifth Third Bancorp increased its stake in Blue Owl Capital by 192.2% in the fourth quarter. Fifth Third Bancorp now owns 2,922 shares of the company’s stock valued at $44,000 after purchasing an additional 1,922 shares during the last quarter. National Bank of Canada FI grew its holdings in Blue Owl Capital by 144.7% in the 3rd quarter. National Bank of Canada FI now owns 4,160 shares of the company’s stock valued at $61,000 after buying an additional 2,460 shares during the period. Westend Capital Management LLC increased its stake in shares of Blue Owl Capital by 58.8% during the 4th quarter. Westend Capital Management LLC now owns 4,816 shares of the company’s stock valued at $73,000 after acquiring an additional 1,784 shares during the last quarter. nVerses Capital LLC lifted its holdings in shares of Blue Owl Capital by 19.8% during the 3rd quarter. nVerses Capital LLC now owns 9,700 shares of the company’s stock worth $141,000 after acquiring an additional 1,600 shares during the period. Finally, Quad Cities Investment Group LLC acquired a new stake in shares of Blue Owl Capital in the third quarter worth approximately $148,000. Hedge funds and other institutional investors own 42.83% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Wells Fargo & Company upped their price target on shares of Blue Owl Capital from $14.00 to $14.50 and gave the stock an “underweight” rating in a research report on Tuesday, October 29th. Keefe, Bruyette & Woods reaffirmed an “underperform” rating and issued a $14.00 target price (down from $15.50) on shares of Blue Owl Capital in a research report on Thursday, December 12th. JMP Securities boosted their price target on Blue Owl Capital from $16.50 to $17.00 and gave the company a “market outperform” rating in a research report on Tuesday. Finally, Royal Bank of Canada restated an “outperform” rating and set a $17.00 price target on shares of Blue Owl Capital in a research note on Tuesday, November 19th. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Blue Owl Capital currently has a consensus rating of “Moderate Buy” and an average price target of $16.08.

Blue Owl Capital Trading Up 0.1 %

NYSE:OBDC opened at $15.10 on Wednesday. The business’s 50-day moving average is $15.11 and its two-hundred day moving average is $14.98. The firm has a market capitalization of $5.89 billion, a PE ratio of 9.38 and a beta of 0.83. Blue Owl Capital Co. has a 12 month low of $13.98 and a 12 month high of $16.91. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.28 and a quick ratio of 1.28.

Blue Owl Capital (NYSE:OBDC) last announced its earnings results on Wednesday, November 6th. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.01). The company had revenue of $406.03 million for the quarter, compared to analysts’ expectations of $399.85 million. Blue Owl Capital had a net margin of 38.99% and a return on equity of 12.59%. During the same quarter in the previous year, the business posted $0.49 earnings per share. Research analysts predict that Blue Owl Capital Co. will post 1.89 earnings per share for the current fiscal year.

About Blue Owl Capital

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.