One Wealth Advisors LLC Lowers Stock Holdings in Blue Owl Capital Inc. (NYSE:OWL)

One Wealth Advisors LLC cut its holdings in shares of Blue Owl Capital Inc. (NYSE:OWL) by 3.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,030 shares of the company’s stock after selling 410 shares during the quarter. One Wealth Advisors LLC’s holdings in Blue Owl Capital were worth $233,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. FMR LLC grew its stake in shares of Blue Owl Capital by 29.9% during the 3rd quarter. FMR LLC now owns 35,324,089 shares of the company’s stock valued at $683,874,000 after buying an additional 8,138,475 shares during the period. JPMorgan Chase & Co. lifted its position in Blue Owl Capital by 17.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,030,397 shares of the company’s stock worth $174,829,000 after acquiring an additional 1,372,865 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of 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. HighTower Advisors LLC boosted its position in Blue Owl Capital by 29.1% in the 3rd quarter. HighTower Advisors LLC now owns 3,599,852 shares of the company’s stock valued at $69,690,000 after buying an additional 811,334 shares during the last quarter. Finally, M&G PLC acquired a new stake in shares of Blue Owl Capital during the third quarter valued at about $14,720,000. Hedge funds and other institutional investors own 35.85% of the company’s stock.

Wall Street Analysts Forecast Growth

OWL has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft increased their price target on Blue Owl Capital from $23.00 to $24.00 and gave the company a “buy” rating in a report on Friday, November 1st. TD Cowen upgraded shares of Blue Owl Capital from a “hold” rating to a “buy” rating and lifted their price target for the stock from $26.00 to $28.00 in a research note on Thursday, January 16th. Oppenheimer upped their price target on shares of Blue Owl Capital from $24.00 to $28.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Citigroup reissued a “buy” rating and issued a $30.00 target price on shares of Blue Owl Capital in a research report on Thursday, January 23rd. Finally, JMP Securities reaffirmed a “market outperform” rating and set a $27.00 price target on shares of Blue Owl Capital in a research report on Wednesday, December 4th. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $25.85.

Blue Owl Capital Price Performance

Shares of OWL opened at $25.44 on Tuesday. The company has a market cap of $38.00 billion, a P/E ratio of 149.67, a PEG ratio of 1.41 and a beta of 1.15. The stock has a fifty day moving average price of $24.00 and a 200 day moving average price of $21.30. Blue Owl Capital Inc. has a 12 month low of $15.18 and a 12 month high of $26.73.

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.