Raymond James Financial Inc. acquired a new position in Blue Owl Capital Inc. ( NYSE:OWL – Free Report ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor acquired 653,742 shares of the company’s stock, valued at approximately $15,206,000. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Global Retirement Partners LLC grew its stake in shares of Blue Owl Capital by 1.
6% during the fourth quarter. Global Retirement Partners LLC now owns 25,499 shares of the company’s stock valued at $593,000 after buying an additional 413 shares during the last quarter. Dynasty Wealth Management LLC increased its stake in Blue Owl Capital by 0.
5% in the fourth quarter. Dynasty Wealth Management LLC now owns 78,580 shares of the company’s stock worth $1,828,000 after purchasing an additional 417 shares during the period. Allworth Financial LP increased its stake in Blue Owl Capital by 43.
3% in the 4th quarter. Allworth Financial LP now owns 1,416 shares of the company’s stock worth $36,000 after buying an additional 428 shares during the period. Principal Securities Inc.
lifted its holdings in shares of Blue Owl Capital by 30.6% in the 4th quarter. Principal Securities Inc.
now owns 1,921 shares of the company’s stock worth $45,000 after buying an additional 450 shares during the period. Finally, Miracle Mile Advisors LLC increased its holdings in shares of Blue Owl Capital by 4.1% in the 4th quarter.
Miracle Mile Advisors LLC now owns 12,289 shares of the company’s stock valued at $286,000 after acquiring an additional 479 shares during the period. 35.85% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes Several research firms have weighed in on OWL. Wells Fargo & Company dropped their target price on shares of Blue Owl Capital from $22.00 to $19.
00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 8th. The Goldman Sachs Group downgraded Blue Owl Capital from a “buy” rating to a “neutral” rating and cut their price target for the stock from $25.00 to $24.
75 in a research report on Monday, January 6th. Cfra Research upgraded Blue Owl Capital to a “moderate buy” rating in a research report on Thursday, March 27th. Oppenheimer set a $24.
00 price objective on Blue Owl Capital and gave the company an “outperform” rating in a research report on Wednesday, April 16th. Finally, Citigroup cut their price objective on Blue Owl Capital from $30.00 to $23.
00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.
com, Blue Owl Capital currently has an average rating of “Moderate Buy” and a consensus price target of $23.79. Blue Owl Capital Price Performance Shares of OWL stock opened at $16.
50 on Tuesday. The company has a 50-day moving average of $19.81 and a two-hundred day moving average of $22.
20. Blue Owl Capital Inc. has a 1-year low of $14.
55 and a 1-year high of $26.73. The firm has a market cap of $25.
37 billion, a PE ratio of 97.06, a price-to-earnings-growth ratio of 1.23 and a beta of 1.
20. Blue Owl Capital ( NYSE:OWL – Get Free Report ) last posted its earnings results on Thursday, February 6th. The company reported $0.
21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. Blue Owl Capital had a return on equity of 20.
82% and a net margin of 4.77%. Sell-side analysts anticipate that Blue Owl Capital Inc.
will post 0.92 EPS for the current fiscal year. Blue Owl Capital Announces Dividend 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. The ex-dividend date was Wednesday, February 19th.
This represents a $0.72 annualized dividend and a dividend yield of 4.36%.
Blue Owl Capital’s dividend payout ratio (DPR) is 423.53%. Blue Owl Capital Profile ( Free Report ) 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. Featured Stories Want to see what other hedge funds are holding OWL? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Blue Owl Capital Inc. ( NYSE:OWL – Free Report ). Receive News & Ratings for Blue Owl Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Owl Capital and related companies with MarketBeat.
com's FREE daily email newsletter ..
Business
653,742 Shares in Blue Owl Capital Inc. (NYSE:OWL) Purchased by Raymond James Financial Inc.

Raymond James Financial Inc. acquired a new position in Blue Owl Capital Inc. (NYSE:OWL – Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 653,742 shares of the company’s stock, valued at approximately $15,206,000. Other hedge funds and other institutional [...]