Partners Group Holding AG Has $41.01 Million Position in Blue Owl Capital Inc. $OWL

Partners Group Holding AG grew its holdings in shares of Blue Owl Capital Inc. (NYSE:OWL) by 41.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,745,267 shares of the company’s stock after purchasing an additional 805,112 shares during the period. Blue Owl Capital makes up 2.8% of Partners Group Holding AG’s portfolio, making the stock its 10th biggest holding. Partners Group Holding AG owned 0.18% of Blue Owl Capital worth $41,014,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in OWL. Boston Partners increased its stake in Blue Owl Capital by 121.9% in the 3rd quarter. Boston Partners now owns 12,153,776 shares of the company’s stock worth $205,493,000 after purchasing an additional 6,677,610 shares in the last quarter. Vanguard Group Inc. increased its stake in Blue Owl Capital by 7.9% in the 3rd 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 in the last quarter. Danica Pension Livsforsikringsaktieselskab purchased a new position in Blue Owl Capital in the 3rd quarter worth about $65,174,000. Capital International Investors increased its stake in Blue Owl Capital by 3.5% in the 3rd 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 in the last quarter. Finally, Bank of America Corp DE increased its stake 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 in the last quarter. Institutional investors own 35.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the company. Zacks Research cut Blue Owl Capital from a “hold” rating to a “strong sell” rating in a research note on Tuesday, January 27th. TD Cowen reissued a “buy” rating and issued a $14.00 price target on shares of Blue Owl Capital in a research note on Monday. JPMorgan Chase & Co. dropped their price target on Blue Owl Capital from $19.00 to $10.50 and set a “neutral” rating on the stock in a research note on Wednesday, April 29th. Oppenheimer dropped their price target on Blue Owl Capital from $17.00 to $16.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. Finally, The Goldman Sachs Group dropped their price target on Blue Owl Capital from $14.00 to $9.00 and set a “neutral” rating on the stock in a research note on Tuesday, April 7th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $14.50.

Blue Owl Capital Trading Down 0.5%

Shares of NYSE OWL opened at $9.44 on Wednesday. Blue Owl Capital Inc. has a one year low of $7.95 and a one year high of $21.08. The firm has a market capitalization of $14.68 billion, a PE ratio of 78.70, a PEG ratio of 1.00 and a beta of 1.19. The business has a 50-day moving average price of $9.27 and a two-hundred day moving average price of $12.50.

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

Blue Owl Capital Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, May 27th. Stockholders of record on Wednesday, May 13th will be issued a dividend of $0.23 per share. The ex-dividend date is Wednesday, May 13th. This represents a $0.92 annualized dividend and a dividend yield of 9.7%. This is a positive change from Blue Owl Capital’s previous quarterly dividend of $0.23. Blue Owl Capital’s dividend payout ratio is presently 766.67%.

Blue Owl Capital Company 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.