Key Points
- CEO Marc Lipschultz acquired 9,337 shares of Blue Owl on Dec. 1 at an average price of $15.06, a $140,615.22 purchase, and now owns 9,337 shares valued at roughly $140,615.
- Blue Owl pays a quarterly $0.225 dividend (annualized $0.90) for a 5.8% yield, but the dividend payout ratio is reported at an extremely high 1,500%, which may be unsustainable.
- Shares trade around $15.65 with a 52‑week range of $13.25–$26.73 and a market cap of about $24.4B; analysts show a consensus "Moderate Buy" with an average price target of $22.
Blue Owl Capital Inc. (NYSE:OWL - Get Free Report) CEO Marc Lipschultz acquired 9,337 shares of the business's stock in a transaction on Monday, December 1st. The stock was acquired at an average price of $15.06 per share, for a total transaction of $140,615.22. Following the acquisition, the chief executive officer owned 9,337 shares of the company's stock, valued at approximately $140,615.22. This trade represents a ∞ increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Blue Owl Capital Stock Performance
Shares of NYSE OWL opened at $15.65 on Thursday. The company has a 50 day simple moving average of $15.74 and a two-hundred day simple moving average of $17.88. Blue Owl Capital Inc. has a fifty-two week low of $13.25 and a fifty-two week high of $26.73. The company has a market capitalization of $24.40 billion, a price-to-earnings ratio of 260.79, a P/E/G ratio of 1.12 and a beta of 1.13.
Blue Owl Capital (NYSE:OWL - Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.22 earnings per share for the quarter, hitting 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 company had revenue of $687.00 million for the quarter, compared to the consensus estimate of $685.95 million. On average, analysts forecast that Blue Owl Capital Inc. will post 0.92 earnings per share for the current fiscal year.
Blue Owl Capital Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Monday, November 24th. Stockholders of record on Monday, November 10th were paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend was Monday, November 10th. Blue Owl Capital's dividend payout ratio is currently 1,500.00%.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on OWL shares. Piper Sandler lowered their price target on Blue Owl Capital from $23.50 to $22.00 and set an "overweight" rating for the company in a research report on Thursday, October 9th. JPMorgan Chase & Co. raised their price objective on shares of Blue Owl Capital from $21.50 to $22.00 and gave the company a "neutral" rating in a research note on Wednesday, October 29th. Weiss Ratings reiterated a "hold (c)" rating on shares of Blue Owl Capital in a research note on Wednesday, October 8th. The Goldman Sachs Group cut their price target on shares of Blue Owl Capital from $21.50 to $19.00 and set a "neutral" rating on the stock in a report on Monday, October 6th. Finally, Evercore ISI reduced 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 research report on Friday, October 31st. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $22.00.
Check Out Our Latest Research Report on Blue Owl Capital
Institutional Trading of Blue Owl Capital
Institutional investors have recently made changes to their positions in the stock. Capital World Investors grew its stake in shares of Blue Owl Capital by 1.4% in the third quarter. Capital World Investors now owns 85,216,556 shares of the company's stock worth $1,442,725,000 after acquiring an additional 1,143,201 shares during the period. Vanguard Group Inc. boosted its holdings in Blue Owl Capital by 7.9% in the third quarter. Vanguard Group Inc. now owns 67,916,888 shares of the company's stock worth $1,149,833,000 after purchasing an additional 4,968,526 shares during the last quarter. Capital International Investors boosted its holdings in Blue Owl Capital by 3.5% in the third quarter. Capital International Investors now owns 62,726,334 shares of the company's stock worth $1,061,999,000 after purchasing an additional 2,141,873 shares during the last quarter. Bank of America Corp DE grew its position in Blue Owl Capital by 8.4% in the 3rd quarter. Bank of America Corp DE now owns 22,563,953 shares of the company's stock worth $382,008,000 after purchasing an additional 1,751,024 shares during the period. Finally, Boston Partners raised its stake in Blue Owl Capital by 121.9% during the 3rd quarter. Boston Partners now owns 12,153,776 shares of the company's stock valued at $205,493,000 after buying an additional 6,677,610 shares during the last quarter. Hedge funds and other institutional investors own 35.85% of the company's stock.
About Blue Owl Capital
(
Get Free Report)
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.
Further Reading
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