Xponance Inc. Acquires 5,468 Shares of Blue Owl Capital Inc. (NYSE:OWL)

Xponance Inc. grew its holdings in shares of Blue Owl Capital Inc. (NYSE:OWL) by 8.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 68,660 shares of the company’s stock after buying an additional 5,468 shares during the quarter. Xponance Inc.’s holdings in Blue Owl Capital were worth $1,597,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Rothschild Investment LLC grew its stake in shares of Blue Owl Capital by 316.1% during the fourth quarter. Rothschild Investment LLC now owns 33,955 shares of the company’s stock valued at $790,000 after buying an additional 25,795 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings 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 valued at $174,829,000 after purchasing an additional 1,372,865 shares during the period. Arizona State Retirement System boosted its holdings in shares of Blue Owl Capital by 14.7% in the fourth quarter. Arizona State Retirement System now owns 154,708 shares of the company’s stock valued at $3,599,000 after purchasing an additional 19,810 shares during the period. Princeton Global Asset Management LLC purchased a new stake in shares of Blue Owl Capital in the fourth quarter valued at approximately $1,773,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in shares of Blue Owl Capital by 3.2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,447,057 shares of the company’s stock valued at $80,179,000 after purchasing an additional 106,485 shares during the period. Institutional investors own 35.85% of the company’s stock.

Blue Owl Capital Trading Up 0.2 %

Shares of OWL opened at $20.69 on Friday. Blue Owl Capital Inc. has a 12 month low of $15.18 and a 12 month high of $26.73. The stock has a fifty day moving average price of $22.67 and a 200-day moving average price of $22.19. The firm has a market cap of $31.81 billion, a PE ratio of 121.68, a P/E/G ratio of 1.23 and a beta of 1.19.

Blue Owl Capital (NYSE:OWL) last issued 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%. As a group, research analysts forecast that Blue Owl Capital Inc. will post 0.92 EPS for the current year.

Blue Owl Capital Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Wednesday, February 19th were issued a dividend of $0.18 per share. The ex-dividend date of this dividend was Wednesday, February 19th. This represents a $0.72 annualized dividend and a dividend yield of 3.48%. Blue Owl Capital’s dividend payout ratio is presently 423.53%.

Analysts Set New Price Targets

OWL has been the subject of a number of research reports. TD Cowen upgraded Blue Owl Capital from a “hold” rating to a “buy” rating and boosted their price target for the company from $26.00 to $28.00 in a report on Thursday, January 16th. The Goldman Sachs Group lowered Blue Owl Capital from a “buy” rating to a “neutral” rating and lowered their price target for the company from $25.00 to $24.75 in a report on Monday, January 6th. Wells Fargo & Company lowered their price target on Blue Owl Capital from $24.00 to $22.00 and set an “equal weight” rating for the company in a report on Thursday. JMP Securities reiterated a “market outperform” rating and issued a $32.00 price target (up previously from $30.00) on shares of Blue Owl Capital in a report on Friday, February 7th. Finally, Evercore ISI boosted their price target on Blue Owl Capital from $25.00 to $26.00 and gave the company an “outperform” rating in a report on Friday, January 17th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, Blue Owl Capital currently has a consensus rating of “Moderate Buy” and an average target price 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.