6 days Ago By ABMN Staff
Blue Owl Capital ( NYSE:OBDC – Free Report ) had its price target cut by Wells Fargo & Company from $15.00 to $14.00 in a research report sent to investors on Monday, Benzinga reports.
They currently have an equal weight rating on the stock. Other equities research analysts have also issued research reports about the company. JMP Securities reissued an “outperform” rating on shares of Blue Owl Capital in a research note on Tuesday, February 4th.
Jefferies Financial Group assumed coverage on Blue Owl Capital in a research note on Friday, April 11th. They issued a “buy” rating and a $16.00 target price on the stock.
Keefe, Bruyette & Woods reduced their target price on Blue Owl Capital from $15.10 to $14.50 and set a “market perform” rating on the stock in a research note on Tuesday, April 8th.
Finally, Citizens Jmp raised Blue Owl Capital to a “strong-buy” rating in a research note on Monday, February 3rd. Three research analysts have rated the stock with a hold rating, five have assigned a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.
com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.07. Get Our Latest Analysis on OBDC Blue Owl Capital Stock Performance Blue Owl Capital ( NYSE:OBDC – Get Free Report ) last announced its quarterly earnings results on Wednesday, February 19th.
The company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.46 by $0.
01. The business had revenue of $394.39 million for the quarter, compared to analyst estimates of $395.
24 million. Blue Owl Capital had a return on equity of 12.38% and a net margin of 37.
26%. Research analysts expect that Blue Owl Capital will post 1.71 EPS for the current year.
Blue Owl Capital Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 15th. Shareholders of record on Monday, March 31st were paid a dividend of $0.05 per share.
This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.40%.
The ex-dividend date was Monday, March 31st. Blue Owl Capital’s dividend payout ratio is presently 96.73%.
Insiders Place Their Bets In other Blue Owl Capital news, Director Chris Temple purchased 15,000 shares of Blue Owl Capital stock in a transaction on Thursday, March 6th. The shares were bought at an average price of $14.80 per share, with a total value of $222,000.
00. Following the purchase, the director now directly owns 51,000 shares in the company, valued at $754,800. This trade represents a 41.
67 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Corporate insiders own 0.
11% of the company’s stock. Institutional Inflows and Outflows Large investors have recently made changes to their positions in the business. Fifth Third Bancorp increased its holdings in shares of Blue Owl Capital by 192.
2% during the 4th quarter. Fifth Third Bancorp now owns 2,922 shares of the company’s stock worth $44,000 after buying an additional 1,922 shares during the last quarter. Anchor Investment Management LLC increased its holdings in shares of Blue Owl Capital by 100.
0% during the 4th quarter. Anchor Investment Management LLC now owns 3,000 shares of the company’s stock worth $45,000 after buying an additional 1,500 shares during the last quarter. Brown Brothers Harriman & Co.
acquired a new stake in shares of Blue Owl Capital during the 4th quarter worth $48,000. Roxbury Financial LLC acquired a new stake in shares of Blue Owl Capital during the 1st quarter worth $50,000. Finally, Lazard Asset Management LLC acquired a new stake in shares of Blue Owl Capital during the 4th quarter worth $49,000.
Hedge funds and other institutional investors own 42.83% of the company’s stock. About Blue Owl Capital ( Get Free Report ) Blue Owl Capital Corporation is a business development company.
It specializes in direct and fund of fund investments. The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and second lien term loans and common equity investments. Featured Stories 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.
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