Natixis Advisors LLC Acquires 98,235 Shares of Blue Owl Capital Inc. $OWL

Natixis Advisors LLC grew its holdings in Blue Owl Capital Inc. (NYSE:OWL) by 20.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 590,185 shares of the company’s stock after acquiring an additional 98,235 shares during the quarter. Natixis Advisors LLC’s holdings in Blue Owl Capital were worth $8,817,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of OWL. Roxbury Financial LLC boosted its position in shares of Blue Owl Capital by 383.6% in the fourth 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 during the period. Halbert Hargrove Global Advisors LLC boosted its position in shares of Blue Owl Capital by 83.5% in the fourth quarter. Halbert Hargrove Global Advisors LLC now owns 2,000 shares of the company’s stock valued at $30,000 after acquiring an additional 910 shares during the period. Headlands Technologies LLC bought a new stake in shares of Blue Owl Capital in the second quarter valued at approximately $51,000. Western Pacific Wealth Management LP bought a new stake in shares of Blue Owl Capital in the fourth quarter valued at approximately $58,000. Finally, Clearstead Advisors LLC boosted its position in shares of Blue Owl Capital by 360.2% in the fourth quarter. Clearstead Advisors LLC now owns 4,602 shares of the company’s stock valued at $69,000 after acquiring an additional 3,602 shares during the period. 35.85% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

OWL has been the subject of several research reports. BMO Capital Markets reduced their price objective on Blue Owl Capital from $15.00 to $11.00 and set an “outperform” rating for the company in a research report on Tuesday, March 24th. JPMorgan Chase & Co. reduced their target price on Blue Owl Capital from $19.00 to $10.50 and set a “neutral” rating for the company in a research report on Wednesday, April 29th. Piper Sandler reduced their target price on Blue Owl Capital from $15.00 to $12.50 and set an “overweight” rating for the company in a research report on Tuesday, April 7th. TD Cowen reaffirmed a “buy” rating and issued a $14.00 target price on shares of Blue Owl Capital in a research report on Monday, May 18th. Finally, Oppenheimer reduced their target price on Blue Owl Capital from $17.00 to $16.00 and set an “outperform” rating for the company in a research report on Monday, April 13th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Blue Owl Capital currently has a consensus rating of “Moderate Buy” and an average target price of $14.04.

Blue Owl Capital Stock Performance

Shares of NYSE OWL opened at $9.81 on Monday. The stock has a market cap of $15.24 billion, a PE ratio of 81.71, a PEG ratio of 1.03 and a beta of 1.20. The business has a fifty day moving average of $9.52 and a two-hundred day moving average of $12.03. Blue Owl Capital Inc. has a 52-week low of $7.95 and a 52-week high of $21.08.

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

Blue Owl Capital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, May 27th. Shareholders of record on Wednesday, May 13th were issued a dividend of $0.23 per share. The ex-dividend date of this dividend was Wednesday, May 13th. This is a boost from Blue Owl Capital’s previous quarterly dividend of $0.23. This represents a $0.92 dividend on an annualized basis and a dividend yield of 9.4%. Blue Owl Capital’s dividend payout ratio (DPR) is 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.