Toth Financial Advisory Corp Sells 500 Shares of Blue Owl Capital Inc. (NYSE:OWL)

Toth Financial Advisory Corp reduced its holdings in shares of Blue Owl Capital Inc. (NYSE:OWL) by 0.9% during the fourth quarter, HoldingsChannel reports. The firm owned 55,900 shares of the company’s stock after selling 500 shares during the period. Toth Financial Advisory Corp’s holdings in Blue Owl Capital were worth $1,300,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of OWL. ORG Wealth Partners LLC bought a new position in Blue Owl Capital during the third quarter valued at approximately $32,000. Versant Capital Management Inc lifted its position in 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 purchasing an additional 1,110 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Blue Owl Capital during the third quarter valued at approximately $138,000. Signaturefd LLC lifted its position in Blue Owl Capital by 19.3% during the third quarter. Signaturefd LLC now owns 9,137 shares of the company’s stock valued at $177,000 after purchasing an additional 1,476 shares during the period. Finally, Chiron Investment Management LLC bought a new position in Blue Owl Capital in the third quarter valued at about $196,000. 35.85% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on OWL. The Goldman Sachs Group downgraded 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. JMP Securities reiterated a “market outperform” rating and issued a $27.00 price target on shares of Blue Owl Capital in a research report on Wednesday, December 4th. Evercore ISI increased their price target on shares of Blue Owl Capital from $25.00 to $26.00 and gave the stock an “outperform” rating in a research report on Friday, January 17th. Piper Sandler increased their price target on shares of Blue Owl Capital from $25.00 to $27.00 and gave the stock an “overweight” rating in a research report on Monday, December 23rd. Finally, Citigroup reiterated a “buy” rating and issued a $30.00 price target on shares of Blue Owl Capital in a research report on Thursday. Four research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $25.85.

Blue Owl Capital Trading Up 2.5 %

NYSE:OWL opened at $26.68 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 50-day moving average price of $23.79 and a 200 day moving average price of $20.93. The stock has a market capitalization of $39.85 billion, a P/E ratio of 156.97, a P/E/G ratio of 1.39 and a beta of 1.14.

Blue Owl Capital (NYSE:OWL) last released its earnings results on Thursday, October 31st. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. Blue Owl Capital had a return on equity of 19.98% and a net margin of 4.95%. The firm had revenue of $600.88 million during the quarter, compared to analysts’ expectations of $565.93 million. During the same quarter last year, the business posted $0.16 earnings per share. On average, research analysts predict that Blue Owl Capital Inc. will post 0.78 earnings per share for the current fiscal year.

Blue Owl Capital Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 11th were paid a dividend of $0.18 per share. The ex-dividend date was Monday, November 11th. This represents a $0.72 annualized dividend and a yield of 2.70%. Blue Owl Capital’s payout ratio is 423.55%.

Blue Owl Capital Company 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.