WINTON GROUP Ltd Boosts Position in Blue Owl Capital Inc. $OWL

WINTON GROUP Ltd boosted its position in shares of Blue Owl Capital Inc. (NYSE:OWL) by 1,120.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 404,010 shares of the company’s stock after acquiring an additional 370,910 shares during the quarter. WINTON GROUP Ltd’s holdings in Blue Owl Capital were worth $6,036,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of OWL. Royal Bank of Canada increased its position in Blue Owl Capital by 50.0% during the first quarter. Royal Bank of Canada now owns 397,990 shares of the company’s stock valued at $7,976,000 after acquiring an additional 132,637 shares during the last quarter. Russell Investments Group Ltd. increased its position in Blue Owl Capital by 4.0% during the second quarter. Russell Investments Group Ltd. now owns 44,215 shares of the company’s stock valued at $849,000 after acquiring an additional 1,703 shares during the last quarter. Jump Financial LLC bought a new stake in Blue Owl Capital during the second quarter valued at about $238,000. California Public Employees Retirement System grew its holdings in Blue Owl Capital by 28.2% during the second quarter. California Public Employees Retirement System now owns 787,255 shares of the company’s stock valued at $15,123,000 after purchasing an additional 172,982 shares during the period. Finally, State Street Corp grew its holdings in Blue Owl Capital by 10.6% during the second quarter. State Street Corp now owns 9,880,565 shares of the company’s stock valued at $189,806,000 after purchasing an additional 950,700 shares during the period. Hedge funds and other institutional investors own 35.85% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Citizens Jmp cut their price target on Blue Owl Capital from $23.00 to $21.00 and set a “market outperform” rating for the company in a report on Wednesday, April 22nd. Oppenheimer cut their price target on Blue Owl Capital from $17.00 to $16.00 and set an “outperform” rating for the company in a report on Monday, April 13th. BMO Capital Markets cut their price target on Blue Owl Capital from $15.00 to $11.00 and set an “outperform” rating for the company in a report on Tuesday, March 24th. Zacks Research raised Blue Owl Capital from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 27th. Finally, Deutsche Bank Aktiengesellschaft lowered Blue Owl Capital from a “buy” rating to a “hold” rating and cut their price target for the company from $15.00 to $10.00 in a report on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $14.04.

Blue Owl Capital Stock Down 3.8%

NYSE OWL opened at $9.81 on Friday. The firm has a market cap of $15.24 billion, a price-to-earnings ratio of 81.71, a price-to-earnings-growth ratio of 1.03 and a beta of 1.20. The business has a 50-day moving average price of $9.52 and a 200-day moving average price of $12.04. Blue Owl Capital Inc. has a twelve month low of $7.95 and a twelve month high of $21.08.

Blue Owl Capital (NYSE:OWL) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.19 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.19. The firm had revenue of $699.88 million during the quarter, compared to analyst estimates of $687.23 million. Blue Owl Capital had a return on equity of 21.97% and a net margin of 2.96%. Research analysts expect that Blue Owl Capital Inc. will post 0.88 EPS for the current fiscal year.

Blue Owl Capital Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 9.4%. This is a positive change from Blue Owl Capital’s previous quarterly dividend of $0.23. The ex-dividend date of this dividend was Wednesday, May 13th. Blue Owl Capital’s dividend payout ratio is currently 766.67%.

Blue Owl Capital Profile

Blue Owl Capital is a global alternative asset manager that focuses on private credit, direct lending and equity-related strategies for institutional investors. Headquartered in New York, the firm develops and manages a range of private markets products designed to provide capital solutions to middle-market and larger corporate borrowers, as well as liquidity and partnership arrangements with private equity firms and other alternative managers.

Its core activities include direct lending and credit strategies that provide senior, unitranche and other structured loan products to companies across industries.