Partners Group Holding AG Makes New Investment in Blue Owl Capital Inc. (NYSE:OWL)

Partners Group Holding AG purchased a new stake in Blue Owl Capital Inc. (NYSE:OWL) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 781,132 shares of the company’s stock, valued at approximately $18,169,000. Partners Group Holding AG owned about 0.05% of Blue Owl Capital as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of OWL. FMR LLC boosted its position in Blue Owl Capital by 29.9% during the 3rd quarter. FMR LLC now owns 35,324,089 shares of the company’s stock worth $683,874,000 after buying an additional 8,138,475 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Blue Owl Capital by 11.7% during the fourth quarter. Vanguard Group Inc. now owns 53,206,392 shares of the company’s stock worth $1,237,581,000 after purchasing an additional 5,558,868 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Blue Owl Capital by 17.9% in the third quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company’s stock worth $174,829,000 after purchasing an additional 1,372,865 shares during the last quarter. Geode Capital Management LLC increased its holdings in Blue Owl Capital by 14.2% in the third quarter. Geode Capital Management LLC now owns 8,152,157 shares of the company’s stock valued at $157,870,000 after purchasing an additional 1,016,505 shares during the period. Finally, Vaughan Nelson Investment Management L.P. bought a new position in Blue Owl Capital during the 4th quarter worth $23,513,000. Institutional investors and hedge funds own 35.85% of the company’s stock.

Blue Owl Capital Price Performance

Shares of OWL stock opened at $20.69 on Friday. The stock has a market capitalization of $31.81 billion, a price-to-earnings ratio of 121.68, a PEG ratio of 1.23 and a beta of 1.19. The company’s fifty day simple moving average is $22.67 and its two-hundred day simple moving average is $22.19. Blue Owl Capital Inc. has a 1 year low of $15.18 and a 1 year high of $26.73.

Blue Owl Capital (NYSE:OWL) last announced its quarterly earnings results on Thursday, February 6th. The company reported $0.21 earnings per share 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%. Equities research analysts anticipate that Blue Owl Capital Inc. will post 0.92 EPS for the current year.

Blue Owl Capital Dividend Announcement

The company also recently declared 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 annualized dividend and a dividend yield of 3.48%. Blue Owl Capital’s payout ratio is currently 423.53%.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Oppenheimer increased their price target on Blue Owl Capital from $24.00 to $28.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Wells Fargo & Company lowered their price objective on Blue Owl Capital from $24.00 to $22.00 and set an “equal weight” rating for the company in a research note on Thursday. Keefe, Bruyette & Woods boosted their price target on shares of Blue Owl Capital from $22.00 to $26.00 and gave the stock a “market perform” rating in a report on Friday, December 20th. JMP Securities reaffirmed a “market outperform” rating and issued a $32.00 target price (up from $30.00) on shares of Blue Owl Capital in a report on Friday, February 7th. Finally, Evercore ISI lifted their target price on Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a research note on Friday, January 17th. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. According to MarketBeat.com, Blue Owl Capital presently has an average rating of “Moderate Buy” and an average price target of $26.33.

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.