Blue Owl Capital Inc. (NYSE:OWL) Stake Raised by Gabelli Funds LLC

Gabelli Funds LLC lifted its position in Blue Owl Capital Inc. (NYSE:OWLFree Report) by 5.5% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 162,500 shares of the company’s stock after buying an additional 8,500 shares during the quarter. Gabelli Funds LLC’s holdings in Blue Owl Capital were worth $2,106,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Brown Advisory Inc. acquired a new stake in Blue Owl Capital in the 3rd quarter worth approximately $1,064,000. Quantbot Technologies LP lifted its holdings in Blue Owl Capital by 824.9% in the 3rd quarter. Quantbot Technologies LP now owns 94,363 shares of the company’s stock worth $1,223,000 after purchasing an additional 84,161 shares during the last quarter. Cortland Associates Inc. MO acquired a new stake in Blue Owl Capital in the 2nd quarter worth approximately $3,109,000. Townsend Asset Management Corp NC ADV lifted its holdings in Blue Owl Capital by 370.5% in the 3rd quarter. Townsend Asset Management Corp NC ADV now owns 113,515 shares of the company’s stock worth $1,471,000 after purchasing an additional 89,390 shares during the last quarter. Finally, Advisor OS LLC lifted its holdings in Blue Owl Capital by 115.0% in the 3rd quarter. Advisor OS LLC now owns 132,146 shares of the company’s stock worth $1,713,000 after purchasing an additional 70,672 shares during the last quarter. Institutional investors own 29.11% of the company’s stock.

Insider Activity at Blue Owl Capital

In related news, major shareholder Path Solutions 2020 L.P Glide sold 4,500,000 shares of the company’s stock in a transaction on Monday, January 29th. The stock was sold at an average price of $15.81, for a total value of $71,145,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 33.39% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently weighed in on OWL shares. UBS Group restated a “neutral” rating and issued a $14.00 target price (down from $15.00) on shares of Blue Owl Capital in a report on Friday, October 20th. Piper Sandler reiterated an “overweight” rating and set a $18.00 price target on shares of Blue Owl Capital in a report on Wednesday, December 20th. Evercore ISI upped their price target on Blue Owl Capital from $14.00 to $15.00 and gave the stock an “outperform” rating in a report on Monday, December 4th. Finally, TD Cowen began coverage on Blue Owl Capital in a report on Thursday, January 4th. They set an “outperform” rating and a $17.00 price target for the company. Two investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $15.88.

Get Our Latest Analysis on OWL

Blue Owl Capital Trading Up 6.6 %

Shares of NYSE OWL opened at $17.47 on Friday. The business has a fifty day simple moving average of $14.90 and a 200 day simple moving average of $13.37. The firm has a market capitalization of $24.61 billion, a price-to-earnings ratio of 249.57, a PEG ratio of 0.98 and a beta of 1.22. Blue Owl Capital Inc. has a one year low of $9.70 and a one year high of $18.33.

Blue Owl Capital Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Blue Owl Capital (NYSE:OWL)

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