Brown University Has $94.82 Million Stake in Blue Owl Capital Inc. (NYSE:OWL)

Brown University cut its position in Blue Owl Capital Inc. (NYSE:OWL) by 31.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,076,690 shares of the company’s stock after selling 1,855,000 shares during the quarter. Blue Owl Capital makes up approximately 40.4% of Brown University’s investment portfolio, making the stock its largest holding. Brown University owned about 0.27% of Blue Owl Capital worth $94,824,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in OWL. Rakuten Securities Inc. acquired a new position in shares of Blue Owl Capital during the fourth quarter valued at about $27,000. Allworth Financial LP increased its holdings in shares of Blue Owl Capital by 43.3% during the fourth quarter. Allworth Financial LP now owns 1,416 shares of the company’s stock valued at $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% during the fourth quarter. Jones Financial Companies Lllp now owns 1,880 shares of the company’s stock valued at $44,000 after acquiring an additional 1,315 shares in the last quarter. Versant Capital Management Inc increased its holdings in shares of Blue Owl Capital by 136.2% during the fourth quarter. Versant Capital Management Inc now owns 1,925 shares of the company’s stock valued at $45,000 after acquiring an additional 1,110 shares in the last quarter. Finally, Principal Securities Inc. increased its holdings in Blue Owl Capital by 30.6% in the 4th quarter. Principal Securities Inc. now owns 1,921 shares of the company’s stock worth $45,000 after buying an additional 450 shares during the period. 35.85% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

OWL has been the topic of several research reports. Oppenheimer increased their price target on shares of Blue Owl Capital from $24.00 to $28.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Wells Fargo & Company cut their price target on shares of Blue Owl Capital from $25.00 to $24.00 and set an “equal weight” rating on the stock in a report on Tuesday, January 14th. Piper Sandler upped their price objective on Blue Owl Capital from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Monday, December 23rd. Citigroup restated a “buy” rating and issued a $30.00 price objective on shares of Blue Owl Capital in a research report on Thursday, January 23rd. Finally, The Goldman Sachs Group lowered Blue Owl Capital from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $25.00 to $24.75 in a research report on Monday, January 6th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat.com, Blue Owl Capital has an average rating of “Moderate Buy” and a consensus price target of $26.48.

Blue Owl Capital Price Performance

Shares of NYSE:OWL opened at $19.24 on Monday. The business’s 50 day moving average price is $22.93 and its 200-day moving average price is $22.12. Blue Owl Capital Inc. has a 1 year low of $15.18 and a 1 year high of $26.73. The firm has a market capitalization of $29.58 billion, a price-to-earnings ratio of 113.15, a price-to-earnings-growth ratio of 1.23 and a beta of 1.19.

Blue Owl Capital (NYSE:OWL) last posted its quarterly earnings data on Thursday, February 6th. The company reported $0.21 EPS for the quarter, meeting the consensus estimate of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. On average, sell-side analysts expect that Blue Owl Capital Inc. will post 0.92 earnings per share for the current year.

Blue Owl Capital Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Wednesday, February 19th were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 3.74%. The ex-dividend date of this dividend was Wednesday, February 19th. Blue Owl Capital’s dividend payout ratio is currently 423.53%.

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.