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Blue Owl Capital (NYSE:OWL – Get Rating) was downgraded by stock analysts at Keefe, Bruyette & Woods from an “outperform” rating to a “market perform” rating in a research report issued on Monday, The Fly reports.
Several other equities research analysts also recently issued reports on OWL. Piper Sandler initiated coverage on Blue Owl Capital in a research note on Friday, October 14th. They issued an “overweight” rating and a $16.00 price objective for the company. JMP Securities reduced their price target on shares of Blue Owl Capital from $18.00 to $17.00 and set a “market outperform” rating for the company in a research report on Tuesday, October 11th. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of Blue Owl Capital from $16.00 to $17.00 in a research report on Tuesday, November 8th. Credit Suisse Group set a $11.50 target price on shares of Blue Owl Capital in a research report on Wednesday, November 23rd. Finally, The Goldman Sachs Group boosted their price target on shares of Blue Owl Capital from $13.75 to $15.25 and gave the company a “buy” rating in a report on Tuesday, November 8th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $15.39.
Blue Owl Capital Stock Down 0.7 %
OWL stock traded down $0.07 during trading on Monday, reaching $10.60. 96,337 shares of the company’s stock were exchanged, compared to its average volume of 3,120,562. Blue Owl Capital has a 1-year low of $8.06 and a 1-year high of $15.05. The firm has a market cap of $14.79 billion, a PE ratio of -265.00, a P/E/G ratio of 0.54 and a beta of 1.23. The company’s fifty day moving average price is $11.02 and its 200-day moving average price is $10.80.
Blue Owl Capital (NYSE:OWL – Get Rating) last released its quarterly earnings results on Friday, November 4th. The company reported $0.14 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.01. The company had revenue of $370.99 million for the quarter, compared to the consensus estimate of $345.46 million. Blue Owl Capital had a negative net margin of 0.86% and a positive return on equity of 11.99%. As a group, sell-side analysts expect that Blue Owl Capital will post 0.53 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Blue Owl Capital
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Quantbot Technologies LP bought a new position in shares of Blue Owl Capital during the 1st quarter worth about $33,000. Signaturefd LLC bought a new position in Blue Owl Capital during the third quarter worth about $29,000. DekaBank Deutsche Girozentrale acquired a new stake in Blue Owl Capital during the third quarter valued at approximately $35,000. Hexagon Capital Partners LLC grew its stake in shares of Blue Owl Capital by 4,251.2% in the 3rd quarter. Hexagon Capital Partners LLC now owns 5,526 shares of the company’s stock valued at $51,000 after purchasing an additional 5,399 shares during the period. Finally, American International Group Inc. bought a new position in shares of Blue Owl Capital during the 2nd quarter worth approximately $63,000. 29.68% of the stock is currently owned by institutional investors.
Blue Owl Capital Company Profile
(Get Rating)
Blue Owl Capital Inc operates as an asset manager. It offers permanent capital base solutions that enables it to offer a holistic platform to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. The company provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; GP capital solutions products, which offers capital solutions, including GP minority equity investments, GP debt financing, and professional sports minority investments to large private capital managers; and real estate products that focuses on structuring sale-leaseback transactions, which includes triple net leases.
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