Blue Owl Capital Co. (NYSE:OBDC) Shares Bought by Epiq Partners LLC

Epiq Partners LLC boosted its holdings in Blue Owl Capital Co. (NYSE:OBDC) by 3.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 410,230 shares of the company’s stock after buying an additional 11,987 shares during the quarter. Blue Owl Capital makes up approximately 3.4% of Epiq Partners LLC’s investment portfolio, making the stock its 9th largest position. Epiq Partners LLC owned 0.11% of Blue Owl Capital worth $6,203,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of OBDC. Amplius Wealth Advisors LLC boosted its stake in Blue Owl Capital by 1.8% during the fourth quarter. Amplius Wealth Advisors LLC now owns 40,687 shares of the company’s stock worth $615,000 after acquiring an additional 702 shares in the last quarter. Channel Wealth LLC grew its holdings in shares of Blue Owl Capital by 1.9% in the fourth quarter. Channel Wealth LLC now owns 44,500 shares of the company’s stock valued at $673,000 after acquiring an additional 823 shares in the last quarter. Gilbert & Cook Inc. raised its position in Blue Owl Capital by 3.5% in the third quarter. Gilbert & Cook Inc. now owns 29,327 shares of the company’s stock worth $427,000 after acquiring an additional 1,000 shares during the period. Blue Trust Inc. lifted its stake in Blue Owl Capital by 9.5% in the fourth quarter. Blue Trust Inc. now owns 15,261 shares of the company’s stock valued at $222,000 after purchasing an additional 1,321 shares during the last quarter. Finally, nVerses Capital LLC lifted its position in shares of Blue Owl Capital by 19.8% during the 3rd quarter. nVerses Capital LLC now owns 9,700 shares of the company’s stock valued at $141,000 after buying an additional 1,600 shares during the last quarter. Institutional investors own 42.83% of the company’s stock.

Blue Owl Capital Trading Down 0.2 %

OBDC stock opened at $14.85 on Tuesday. The company has a market capitalization of $5.79 billion, a price-to-earnings ratio of 9.22 and a beta of 0.84. Blue Owl Capital Co. has a 1-year low of $13.98 and a 1-year high of $16.91. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.28 and a quick ratio of 1.28. The business has a 50 day simple moving average of $15.12 and a two-hundred day simple moving average of $15.00.

Blue Owl Capital (NYSE:OBDC) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.47 EPS for the quarter, missing the consensus estimate of $0.48 by ($0.01). The company had revenue of $406.03 million during the quarter, compared to analysts’ expectations of $399.85 million. Blue Owl Capital had a return on equity of 12.59% and a net margin of 38.99%. During the same quarter in the prior year, the business posted $0.49 EPS. Research analysts anticipate that Blue Owl Capital Co. will post 1.89 EPS for the current fiscal year.

Blue Owl Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $0.37 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This is a positive change from Blue Owl Capital’s previous quarterly dividend of $0.06. This represents a $1.48 dividend on an annualized basis and a yield of 9.97%. Blue Owl Capital’s dividend payout ratio is 91.93%.

Analyst Ratings Changes

A number of research firms recently issued reports on OBDC. Wells Fargo & Company boosted their price objective on Blue Owl Capital from $14.00 to $14.50 and gave the company an “underweight” rating in a research note on Tuesday, October 29th. Keefe, Bruyette & Woods reiterated an “underperform” rating and issued a $14.00 target price (down previously from $15.50) on shares of Blue Owl Capital in a research report on Thursday, December 12th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $17.00 target price on shares of Blue Owl Capital in a report on Tuesday, November 19th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $15.92.

Blue Owl Capital Company Profile

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.