Lind Value II ApS Buys Shares of 2,056,475 Blue Owl Capital Inc. $OWL

Lind Value II ApS bought a new stake in Blue Owl Capital Inc. (NYSE:OWL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,056,475 shares of the company’s stock, valued at approximately $30,724,000. Blue Owl Capital makes up approximately 9.9% of Lind Value II ApS’s investment portfolio, making the stock its 5th biggest holding.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Parkside Financial Bank & Trust grew its stake in Blue Owl Capital by 117.0% in the third quarter. Parkside Financial Bank & Trust now owns 1,608 shares of the company’s stock valued at $27,000 after purchasing an additional 867 shares in the last quarter. Roxbury Financial LLC raised its stake in shares of Blue Owl Capital by 383.6% in the 4th quarter. Roxbury Financial LLC now owns 1,765 shares of the company’s stock valued at $26,000 after acquiring an additional 1,400 shares in the last quarter. Halbert Hargrove Global Advisors LLC lifted its holdings in Blue Owl Capital by 83.5% in the 4th quarter. Halbert Hargrove Global Advisors LLC now owns 2,000 shares of the company’s stock worth $30,000 after purchasing an additional 910 shares during the last quarter. Headlands Technologies LLC acquired a new stake in Blue Owl Capital in the 2nd quarter worth approximately $51,000. Finally, Activest Wealth Management acquired a new stake in Blue Owl Capital in the 3rd quarter worth approximately $50,000. 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 several recent analyst reports. Citigroup restated an “outperform” rating on shares of Blue Owl Capital in a research note on Tuesday, January 27th. TD Cowen reissued a “buy” rating and issued a $14.00 target price on shares of Blue Owl Capital in a research note on Monday, May 18th. Citizens Jmp lowered their target price on Blue Owl Capital from $23.00 to $21.00 and set a “market outperform” rating for the company in a research note on Wednesday, April 22nd. The Goldman Sachs Group decreased their price objective on Blue Owl Capital from $14.00 to $9.00 and set a “neutral” rating for the company in a research note on Tuesday, April 7th. Finally, Deutsche Bank Aktiengesellschaft cut Blue Owl Capital from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $15.00 to $10.00 in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Blue Owl Capital presently has an average rating of “Moderate Buy” and a consensus target price of $14.04.

Blue Owl Capital Trading Down 1.2%

OWL stock opened at $10.07 on Friday. The business’s 50-day moving average price is $9.30 and its two-hundred day moving average price is $12.40. The firm has a market cap of $15.66 billion, a PE ratio of 83.95, a P/E/G ratio of 1.06 and a beta of 1.19. Blue Owl Capital Inc. has a 1-year low of $7.95 and a 1-year high of $21.08.

Blue Owl Capital (NYSE:OWL) last posted its earnings results on Thursday, April 30th. The company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. The firm had revenue of $699.88 million for 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%. On average, analysts forecast that Blue Owl Capital Inc. will post 0.88 earnings per share for the current year.

Blue Owl Capital Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 9.1%. This is a positive change from Blue Owl Capital’s previous quarterly dividend of $0.23. The ex-dividend date is Wednesday, May 13th. Blue Owl Capital’s dividend payout ratio is presently 766.67%.

About Blue Owl Capital

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.