Quantbot Technologies LP Acquires 423,998 Shares of Blue Owl Capital Inc. $OWL

Quantbot Technologies LP grew its holdings in Blue Owl Capital Inc. (NYSE:OWL) by 258.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 587,981 shares of the company’s stock after acquiring an additional 423,998 shares during the period. Quantbot Technologies LP’s holdings in Blue Owl Capital were worth $11,295,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of OWL. Avantax Advisory Services Inc. acquired a new stake in shares of Blue Owl Capital in the 1st quarter valued at $226,000. Cetera Investment Advisers raised its holdings in Blue Owl Capital by 82.1% during the first quarter. Cetera Investment Advisers now owns 80,612 shares of the company’s stock valued at $1,615,000 after buying an additional 36,352 shares in the last quarter. US Bancorp DE lifted its position in shares of Blue Owl Capital by 11.4% in the first quarter. US Bancorp DE now owns 14,187 shares of the company’s stock worth $284,000 after buying an additional 1,456 shares during the last quarter. Jefferies Financial Group Inc. bought a new stake in shares of Blue Owl Capital during the 1st quarter worth about $728,000. Finally, Commerce Bank increased its holdings in shares of Blue Owl Capital by 4.2% during the 1st quarter. Commerce Bank now owns 128,861 shares of the company’s stock valued at $2,582,000 after acquiring an additional 5,214 shares during the last quarter. Institutional investors and hedge funds own 35.85% of the company’s stock.

Blue Owl Capital Stock Performance

NYSE OWL opened at $15.02 on Tuesday. Blue Owl Capital Inc. has a twelve month low of $13.25 and a twelve month high of $26.73. The stock has a market cap of $23.42 billion, a PE ratio of 250.29, a PEG ratio of 1.13 and a beta of 1.13. The firm has a 50-day simple moving average of $15.85 and a 200 day simple moving average of $17.93.

Blue Owl Capital (NYSE:OWL) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.22 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.22. Blue Owl Capital had a return on equity of 20.05% and a net margin of 1.89%.The firm had revenue of $687.00 million for the quarter, compared to analyst estimates of $685.95 million. Research analysts forecast that Blue Owl Capital Inc. will post 0.92 earnings per share for the current fiscal year.

Blue Owl Capital Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 24th. Investors of record on Monday, November 10th were given a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 6.0%. The ex-dividend date of this dividend was Monday, November 10th. Blue Owl Capital’s dividend payout ratio (DPR) is 1,500.00%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on OWL shares. JPMorgan Chase & Co. boosted their target price on Blue Owl Capital from $21.50 to $22.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Piper Sandler reduced their price objective on shares of Blue Owl Capital from $23.50 to $22.00 and set an “overweight” rating for the company in a research note on Thursday, October 9th. Citigroup reiterated a “market outperform” rating on shares of Blue Owl Capital in a research note on Tuesday, October 21st. Cowen reiterated a “buy” rating on shares of Blue Owl Capital in a report on Monday, August 4th. Finally, Evercore ISI decreased their price target on shares of Blue Owl Capital from $21.00 to $19.00 and set an “outperform” rating for the company in a report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Blue Owl Capital presently has a consensus rating of “Moderate Buy” and a consensus target price of $22.00.

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.