Blue Owl Capital Inc. (NYSE:OWL) Shares Acquired by Scholtz & Company LLC

Scholtz & Company LLC grew its position in shares of Blue Owl Capital Inc. (NYSE:OWL) by 13.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 153,615 shares of the company’s stock after purchasing an additional 17,685 shares during the quarter. Blue Owl Capital makes up about 1.7% of Scholtz & Company LLC’s portfolio, making the stock its 23rd biggest holding. Scholtz & Company LLC’s holdings in Blue Owl Capital were worth $3,573,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new position in Blue Owl Capital in the fourth quarter valued at $137,118,000. Vanguard Group Inc. increased its stake in shares of Blue Owl Capital by 11.7% in the 4th quarter. Vanguard Group Inc. now owns 53,206,392 shares of the company’s stock valued at $1,237,581,000 after purchasing an additional 5,558,868 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Blue Owl Capital by 17.9% in the 3rd 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 period. CIBC Private Wealth Group LLC raised its holdings in Blue Owl Capital by 48.3% in the 4th quarter. CIBC Private Wealth Group LLC now owns 3,244,057 shares of the company’s stock worth $75,392,000 after purchasing an additional 1,057,101 shares during the period. Finally, Geode Capital Management LLC boosted its position in Blue Owl Capital by 14.2% during the third quarter. Geode Capital Management LLC now owns 8,152,157 shares of the company’s stock worth $157,870,000 after purchasing an additional 1,016,505 shares in the last quarter. 35.85% of the stock is currently owned by institutional investors and hedge funds.

Blue Owl Capital Price Performance

NYSE:OWL opened at $20.43 on Wednesday. The company’s 50-day moving average is $22.29 and its two-hundred day moving average is $22.43. 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 $31.41 billion, a price-to-earnings ratio of 120.16, a PEG ratio of 1.23 and a beta of 1.19.

Blue Owl Capital (NYSE:OWL) last released its quarterly earnings data on Thursday, February 6th. The company reported $0.21 EPS for the quarter, meeting analysts’ consensus estimates of $0.21. Blue Owl Capital had a return on equity of 20.82% and a net margin of 4.77%. As a group, equities analysts anticipate that Blue Owl Capital Inc. will post 0.92 earnings per share for the current fiscal year.

Blue Owl Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors 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 yield of 3.52%. Blue Owl Capital’s dividend payout ratio (DPR) is currently 423.53%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on OWL. TD Cowen raised Blue Owl Capital from a “hold” rating to a “buy” rating and upped their target price for the stock from $26.00 to $28.00 in a research note on Thursday, January 16th. Piper Sandler increased their price objective on shares of Blue Owl Capital from $25.00 to $27.00 and gave the company an “overweight” rating in a report on Monday, December 23rd. Oppenheimer boosted their target price on shares of Blue Owl Capital from $24.00 to $28.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. The Goldman Sachs Group downgraded shares of Blue Owl Capital from a “buy” rating to a “neutral” rating and reduced their price target for the stock from $25.00 to $24.75 in a research report on Monday, January 6th. Finally, Cfra Research upgraded Blue Owl Capital to a “moderate buy” rating in a research note on Thursday, March 27th. Four 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, the stock 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.