Quantinno Capital Management LP Has $2.91 Million Stock Holdings in Blue Owl Capital Inc. $OWL

Quantinno Capital Management LP grew its position in Blue Owl Capital Inc. (NYSE:OWL) by 30.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 318,522 shares of the company’s stock after buying an additional 75,004 shares during the quarter. Quantinno Capital Management LP’s holdings in Blue Owl Capital were worth $2,908,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Saba Capital Management L.P. purchased a new stake in Blue Owl Capital in the 1st quarter worth approximately $925,000. SummitTX Capital L.P. increased its holdings in Blue Owl Capital by 162.3% in the first quarter. SummitTX Capital L.P. now owns 124,874 shares of the company’s stock worth $1,140,000 after buying an additional 77,263 shares during the last quarter. Endure Capital Management LLC acquired a new stake in Blue Owl Capital in the first quarter valued at approximately $10,231,000. OMERS ADMINISTRATION Corp lifted its stake in Blue Owl Capital by 16.4% in the first quarter. OMERS ADMINISTRATION Corp now owns 783,200 shares of the company’s stock valued at $7,151,000 after acquiring an additional 110,100 shares during the last quarter. Finally, Waverly Advisors LLC lifted its position in shares of Blue Owl Capital by 55.1% in the first quarter. Waverly Advisors LLC now owns 53,371 shares of the company’s stock worth $487,000 after buying an additional 18,954 shares during the last quarter. Institutional investors and hedge funds own 35.85% of the company’s stock.

Analysts Set New Price Targets

OWL has been the topic of a number of analyst reports. Capital One Financial set a $12.00 price objective on Blue Owl Capital in a report on Monday, August 3rd. The Goldman Sachs Group boosted their target price on shares of Blue Owl Capital from $9.50 to $10.50 and gave the stock a “neutral” rating in a research report on Monday, August 3rd. Keefe, Bruyette & Woods upgraded shares of Blue Owl Capital to a “hold” rating in a report on Monday, July 20th. Weiss Ratings reissued a “hold (c-)” rating on shares of Blue Owl Capital in a research report on Thursday, June 18th. Finally, TD Cowen restated a “buy” rating on shares of Blue Owl Capital in a research note on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $13.44.

Blue Owl Capital Stock Down 0.0%

Shares of Blue Owl Capital stock opened at $11.87 on Monday. Blue Owl Capital Inc. has a 12-month low of $7.95 and a 12-month high of $20.58. The stock has a market capitalization of $18.50 billion, a P/E ratio of 98.89, a price-to-earnings-growth ratio of 1.33 and a beta of 1.19. The company has a 50-day simple moving average of $9.64 and a 200 day simple moving average of $10.20.

Blue Owl Capital (NYSE:OWL) last released its quarterly earnings results on Thursday, July 30th. The company reported $0.22 EPS for the quarter, meeting analysts’ consensus estimates of $0.22. Blue Owl Capital had a net margin of 2.71% and a return on equity of 23.14%. The firm had revenue of $693.56 million for the quarter, compared to analyst estimates of $693.15 million. On average, equities analysts anticipate that Blue Owl Capital Inc. will post 0.88 earnings per share for the current year.

Blue Owl Capital Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Thursday, August 13th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 7.8%. The ex-dividend date of this dividend is Thursday, August 13th. Blue Owl Capital’s dividend payout ratio 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.