Blue Owl Capital (NYSE:OWL) Stock Price Expected to Rise, Deutsche Bank Aktiengesellschaft Analyst Says

Blue Owl Capital (NYSE:OWL) had its price target increased by Deutsche Bank Aktiengesellschaft from $23.00 to $24.00 in a report published on Friday morning, Benzinga reports. The brokerage currently has a buy rating on the stock.

A number of other equities analysts have also weighed in on OWL. Piper Sandler lifted their price target on shares of Blue Owl Capital from $23.00 to $25.00 and gave the company an “overweight” rating in a report on Friday. UBS Group lifted their target price on Blue Owl Capital from $20.00 to $27.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. JMP Securities boosted their price target on Blue Owl Capital from $24.00 to $25.00 and gave the company a “market outperform” rating in a research report on Wednesday, October 9th. Evercore ISI raised their price objective on Blue Owl Capital from $21.00 to $22.00 and gave the stock an “outperform” rating in a report on Tuesday, October 8th. Finally, TD Cowen reissued a “hold” rating and set a $19.00 target price (down previously from $21.50) on shares of Blue Owl Capital in a research report on Monday, July 8th. Four analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $22.15.

Blue Owl Capital Trading Down 2.2 %

Blue Owl Capital stock opened at $20.97 on Friday. The stock has a fifty day moving average price of $19.88 and a 200 day moving average price of $18.70. Blue Owl Capital has a 52 week low of $12.83 and a 52 week high of $24.17. The firm has a market capitalization of $30.69 billion, a P/E ratio of 123.36, a PEG ratio of 1.45 and a beta of 1.14.

Blue Owl Capital (NYSE:OWL) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.20 earnings per share for the quarter, hitting the consensus estimate of $0.20. Blue Owl Capital had a net margin of 4.95% and a return on equity of 20.61%. The business had revenue of $600.88 million for the quarter, compared to analyst estimates of $565.93 million. During the same period in the prior year, the firm posted $0.16 EPS. As a group, equities analysts predict that Blue Owl Capital will post 0.78 EPS for the current year.

Blue Owl Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 22nd. Shareholders of record on Monday, November 11th will be issued a $0.18 dividend. The ex-dividend date is Monday, November 11th. This represents a $0.72 dividend on an annualized basis and a yield of 3.43%. Blue Owl Capital’s dividend payout ratio is currently 423.55%.

Institutional Trading of Blue Owl Capital

Several large investors have recently modified their holdings of the business. Stone Point Capital LLC purchased a new position in Blue Owl Capital in the second quarter valued at about $112,749,000. Foster Victor Wealth Advisors LLC grew its position in shares of Blue Owl Capital by 12.3% during the second quarter. Foster Victor Wealth Advisors LLC now owns 705,176 shares of the company’s stock worth $12,954,000 after buying an additional 77,253 shares in the last quarter. Janus Henderson Group PLC increased its stake in shares of Blue Owl Capital by 32.6% in the first quarter. Janus Henderson Group PLC now owns 330,095 shares of the company’s stock worth $6,224,000 after buying an additional 81,222 shares during the last quarter. Acadian Asset Management LLC acquired a new stake in Blue Owl Capital in the first quarter valued at $624,000. Finally, Orion Portfolio Solutions LLC bought a new position in Blue Owl Capital during the 1st quarter valued at $901,000. 35.85% of the stock is currently owned by institutional investors and hedge funds.

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.