EntryPoint Capital LLC Cuts Stock Holdings in Blue Owl Capital Inc. (NYSE:OWL)

EntryPoint Capital LLC lowered its position in Blue Owl Capital Inc. (NYSE:OWL) by 48.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,801 shares of the company’s stock after selling 10,138 shares during the period. EntryPoint Capital LLC’s holdings in Blue Owl Capital were worth $251,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently added to or reduced their stakes in the company. Rakuten Securities Inc. acquired a new stake in shares of Blue Owl Capital in the 4th quarter valued at approximately $27,000. Allworth Financial LP lifted its holdings in Blue Owl Capital by 43.3% in 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 during the period. Jones Financial Companies Lllp lifted its holdings in Blue Owl Capital by 232.7% in 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 during the period. Versant Capital Management Inc boosted its position in shares of Blue Owl Capital by 136.2% during the 4th quarter. Versant Capital Management Inc now owns 1,925 shares of the company’s stock worth $45,000 after purchasing an additional 1,110 shares in the last quarter. Finally, Principal Securities Inc. grew its stake in shares of Blue Owl Capital by 30.6% during the 4th quarter. Principal Securities Inc. now owns 1,921 shares of the company’s stock worth $45,000 after purchasing an additional 450 shares during the period. Hedge funds and other institutional investors own 35.85% of the company’s stock.

Blue Owl Capital Price Performance

Shares of NYSE OWL opened at $20.19 on Friday. The company has a 50-day simple moving average of $22.46 and a 200-day simple moving average of $22.31. The company has a market cap of $31.04 billion, a PE ratio of 118.74, a price-to-earnings-growth ratio of 1.23 and a beta of 1.19. Blue Owl Capital Inc. has a 12 month low of $15.18 and a 12 month high of $26.73.

Blue Owl Capital (NYSE:OWL) last issued 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%. On average, analysts anticipate that Blue Owl Capital Inc. will post 0.92 EPS for the current year.

Blue Owl Capital Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Wednesday, February 19th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 3.57%. The ex-dividend date of this dividend was Wednesday, February 19th. Blue Owl Capital’s payout ratio is 423.53%.

Analyst Ratings Changes

Several analysts recently commented on the stock. JMP Securities reiterated a “market outperform” rating and issued a $32.00 price objective (up previously from $30.00) on shares of Blue Owl Capital in a research note on Friday, February 7th. TD Cowen raised Blue Owl Capital from a “hold” rating to a “buy” rating and boosted their price target for the stock from $26.00 to $28.00 in a research note on Thursday, January 16th. Evercore ISI lifted their price objective on Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a report on Friday, January 17th. Keefe, Bruyette & Woods lifted their price objective on Blue Owl Capital from $22.00 to $26.00 and gave the stock a “market perform” rating in a report on Friday, December 20th. Finally, The Goldman Sachs Group lowered Blue Owl Capital from a “buy” rating to a “neutral” rating and lowered their target price for the company from $25.00 to $24.75 in a report on Monday, January 6th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus 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.