Blue Owl Capital Co. (NYSE:OBDC) Shares Bought by Csenge Advisory Group

Csenge Advisory Group boosted its position in shares of Blue Owl Capital Co. (NYSE:OBDC) by 2.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,064 shares of the company’s stock after buying an additional 1,373 shares during the period. Csenge Advisory Group’s holdings in Blue Owl Capital were worth $833,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Sound Income Strategies LLC increased its stake in Blue Owl Capital by 6.4% during the 4th quarter. Sound Income Strategies LLC now owns 3,024,260 shares of the company’s stock worth $45,727,000 after buying an additional 182,002 shares in the last quarter. Advisors Asset Management Inc. increased its stake in Blue Owl Capital by 16.8% during the 3rd quarter. Advisors Asset Management Inc. now owns 334,775 shares of the company’s stock worth $4,878,000 after buying an additional 48,136 shares in the last quarter. Legacy Capital Wealth Partners LLC increased its stake in Blue Owl Capital by 96.8% during the 3rd quarter. Legacy Capital Wealth Partners LLC now owns 209,617 shares of the company’s stock worth $3,054,000 after buying an additional 103,123 shares in the last quarter. Franklin Resources Inc. grew its position in shares of Blue Owl Capital by 11.2% in the third quarter. Franklin Resources Inc. now owns 742,041 shares of the company’s stock valued at $11,116,000 after purchasing an additional 74,959 shares in the last quarter. Finally, FNY Investment Advisers LLC acquired a new stake in shares of Blue Owl Capital in the fourth quarter valued at approximately $814,000. 42.83% of the stock is currently owned by hedge funds and other institutional investors.

Blue Owl Capital Price Performance

OBDC stock opened at $15.38 on Tuesday. The business has a fifty day moving average of $15.09 and a two-hundred day moving average of $14.97. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.30. The stock has a market cap of $6.00 billion, a price-to-earnings ratio of 9.55 and a beta of 0.83. Blue Owl Capital Co. has a 52-week low of $13.98 and a 52-week high of $16.91.

Wall Street Analyst Weigh In

Several research firms recently commented on OBDC. Keefe, Bruyette & Woods reaffirmed an “underperform” rating and issued a $14.00 price target (down previously from $15.50) on shares of Blue Owl Capital in a report on Thursday, December 12th. JMP Securities increased their price target on Blue Owl Capital from $16.50 to $17.00 and gave the company a “market outperform” rating in a report on Tuesday, February 4th. Citizens Jmp raised Blue Owl Capital to a “strong-buy” rating in a report on Monday, February 3rd. Wells Fargo & Company increased their price target on Blue Owl Capital from $14.00 to $14.50 and gave the company an “underweight” rating in a report on Tuesday, October 29th. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and issued a $17.00 price target on shares of Blue Owl Capital in a report on Tuesday, November 19th. Two research analysts have rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $16.08.

About Blue Owl Capital

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.