Generali Investments CEE investicni spolecnost a.s. Boosts Holdings in Blue Owl Capital Corporation $OBDC

Generali Investments CEE investicni spolecnost a.s. lifted its stake in Blue Owl Capital Corporation (NYSE:OBDC) by 2.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 131,627 shares of the company’s stock after purchasing an additional 2,702 shares during the period. Generali Investments CEE investicni spolecnost a.s.’s holdings in Blue Owl Capital were worth $1,888,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hamilton Lane Advisors LLC purchased a new stake in shares of Blue Owl Capital in the 2nd quarter worth about $48,845,000. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of Blue Owl Capital by 85.9% in the 1st quarter. Sumitomo Mitsui Trust Group Inc. now owns 1,026,055 shares of the company’s stock worth $15,042,000 after purchasing an additional 474,100 shares during the period. Graypoint LLC lifted its position in shares of Blue Owl Capital by 49.4% in the 2nd quarter. Graypoint LLC now owns 590,048 shares of the company’s stock worth $8,461,000 after purchasing an additional 194,999 shares during the period. Sound Income Strategies LLC lifted its position in shares of Blue Owl Capital by 4.3% in the 1st quarter. Sound Income Strategies LLC now owns 3,153,298 shares of the company’s stock worth $46,227,000 after purchasing an additional 129,038 shares during the period. Finally, Integrated Wealth Concepts LLC lifted its position in shares of Blue Owl Capital by 217.9% in the 1st quarter. Integrated Wealth Concepts LLC now owns 43,069 shares of the company’s stock worth $631,000 after purchasing an additional 29,521 shares during the period. 42.83% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, LADENBURG THALM/SH SH upgraded shares of Blue Owl Capital to a “strong-buy” rating in a research note on Friday, August 8th. Three investment analysts have rated the stock with a Strong Buy rating, three have issued a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and an average price target of $15.42.

Blue Owl Capital Stock Down 3.6%

NYSE:OBDC opened at $12.74 on Wednesday. The firm has a market cap of $6.51 billion, a P/E ratio of 8.44 and a beta of 0.76. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.80 and a current ratio of 0.80. Blue Owl Capital Corporation has a fifty-two week low of $12.11 and a fifty-two week high of $15.73. The firm has a 50-day simple moving average of $14.10 and a two-hundred day simple moving average of $14.27.

Blue Owl Capital (NYSE:OBDC) last released its quarterly earnings data on Wednesday, August 6th. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.39 by $0.01. The business had revenue of $485.84 million during the quarter, compared to analyst estimates of $480.42 million. Blue Owl Capital had a net margin of 38.29% and a return on equity of 11.24%. Analysts predict that Blue Owl Capital Corporation will post 1.71 earnings per share for the current fiscal year.

Blue Owl Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Shareholders of record on Friday, August 29th were paid a dividend of $0.02 per share. The ex-dividend date was Friday, August 29th. This represents a $0.08 dividend on an annualized basis and a yield of 0.6%. This is an increase from Blue Owl Capital’s previous quarterly dividend of $0.01. Blue Owl Capital’s dividend payout ratio (DPR) is 98.01%.

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.