Blue Owl Capital (NYSE:OWL – Get Free Report) had its price objective raised by The Goldman Sachs Group from $9.50 to $10.50 in a report issued on Monday, Benzinga reports. The firm presently has a “neutral” rating on the stock. The Goldman Sachs Group‘s price objective suggests a potential downside of 2.64% from the stock’s current price.
Several other analysts also recently commented on OWL. Capital One Financial set a $12.00 price objective on shares of Blue Owl Capital in a research report on Monday, August 3rd. Citigroup restated a “market outperform” rating on shares of Blue Owl Capital in a research note on Thursday, September 24th. BMO Capital Markets cut their price objective on shares of Blue Owl Capital from $12.00 to $11.00 and set an “outperform” rating for the company in a report on Tuesday, October 27th. Citizens Jmp reduced their price objective on shares of Blue Owl Capital from $21.00 to $17.00 and set a “market outperform” rating on the stock in a research report on Thursday, July 9th. Finally, HSBC set a $17.00 target price on shares of Blue Owl Capital in a report on Thursday, September 24th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $13.17.
Check Out Our Latest Report on OWL
Blue Owl Capital Stock Up 4.4%
Shares of NYSE:OWL traded up $0.46 on Monday, hitting $10.79. The company had a trading volume of 12,057,308 shares, compared to its average volume of 24,627,195. The firm has a market capitalization of $16.81 billion, a price-to-earnings ratio of 76.76, a P/E/G ratio of 1.26 and a beta of 1.31. The firm’s 50-day simple moving average is $10.08 and its two-hundred day simple moving average is $10.37. Blue Owl Capital has a 1 year low of $7.95 and a 1 year high of $17.00.
Blue Owl Capital (NYSE:OWL – Get Free Report) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.01. The business had revenue of $752.60 million during the quarter, compared to the consensus estimate of $698.10 million. Blue Owl Capital had a return on equity of 24.26% and a net margin of 3.08%. Equities research analysts anticipate that Blue Owl Capital will post 0.88 EPS for the current year.
Hedge Funds Weigh In On Blue Owl Capital
Several large investors have recently made changes to their positions in OWL. Basso Capital Management L.P. grew its position in shares of Blue Owl Capital by 31.8% in the third quarter. Basso Capital Management L.P. now owns 112,000 shares of the company’s stock valued at $1,018,000 after purchasing an additional 27,000 shares during the period. Integras Partners LLC lifted its stake in shares of Blue Owl Capital by 3.0% during the third quarter. Integras Partners LLC now owns 224,729 shares of the company’s stock valued at $2,043,000 after acquiring an additional 6,614 shares during the period. Spectrum Wealth Advisory Group LLC lifted its stake in shares of Blue Owl Capital by 139.4% during the third quarter. Spectrum Wealth Advisory Group LLC now owns 27,134 shares of the company’s stock valued at $247,000 after acquiring an additional 15,798 shares during the period. SMH Capital Advisors Inc. acquired a new position in shares of Blue Owl Capital during the third quarter valued at $939,000. Finally, Greenleaf Trust boosted its holdings in Blue Owl Capital by 9.4% in the third quarter. Greenleaf Trust now owns 13,158 shares of the company’s stock valued at $120,000 after acquiring an additional 1,134 shares during the last quarter. 35.85% of the stock is currently owned by institutional investors and hedge funds.
Blue Owl Capital Company Profile
Blue Owl Capital Inc (NYSE: OWL) is an alternative asset manager that provides private-market investment solutions to institutional investors, financial professionals, and other clients. The company focuses on strategies designed to deliver income, long-term capital appreciation, and customized exposure to private markets.
Blue Owl operates across three primary platforms: Credit, GP Strategic Capital, and Real Estate. Its credit business provides private financing to companies, including direct lending and other asset-backed and specialty finance strategies.
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