Dfpg Investments LLC Acquires New Holdings in Blue Owl Capital Co. (NYSE:OBDC)

Dfpg Investments LLC bought a new stake in Blue Owl Capital Co. (NYSE:OBDCFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 159,473 shares of the company’s stock, valued at approximately $2,333,000.

Separately, First Affirmative Financial Network acquired a new stake in Blue Owl Capital in the fourth quarter worth about $235,000. 42.32% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on OBDC. JMP Securities increased their price objective on shares of Blue Owl Capital from $15.50 to $16.00 and gave the company a “market outperform” rating in a research report on Friday, February 23rd. B. Riley downgraded shares of Blue Owl Capital from a “buy” rating to a “neutral” rating and set a $15.50 price objective for the company. in a research note on Monday, January 8th. Finally, Wells Fargo & Company boosted their price objective on shares of Blue Owl Capital from $13.00 to $14.50 and gave the company an “underweight” rating in a report on Monday, January 29th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $15.50.

Read Our Latest Stock Report on Blue Owl Capital

Blue Owl Capital Stock Up 1.2 %

Shares of OBDC opened at $15.22 on Monday. The stock’s 50 day moving average is $15.00 and its two-hundred day moving average is $14.45. Blue Owl Capital Co. has a 12 month low of $12.05 and a 12 month high of $15.37. The firm has a market cap of $5.93 billion, a P/E ratio of 7.50 and a beta of 0.91. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.18.

Blue Owl Capital (NYSE:OBDCGet Free Report) last issued its quarterly earnings results on Wednesday, February 21st. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.48 by $0.03. Blue Owl Capital had a return on equity of 12.62% and a net margin of 50.14%. The firm had revenue of $411.23 million during the quarter, compared to analysts’ expectations of $397.42 million. Analysts predict that Blue Owl Capital Co. will post 1.89 earnings per share for the current fiscal year.

Blue Owl Capital Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Investors of record on Friday, March 1st were given a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.10%. The ex-dividend date was Thursday, February 29th. Blue Owl Capital’s payout ratio is currently 68.97%.

Insiders Place Their Bets

In other Blue Owl Capital news, Director Edward H. Dalelio bought 3,000 shares of Blue Owl Capital stock in a transaction on Tuesday, March 5th. The shares were bought at an average price of $15.07 per share, for a total transaction of $45,210.00. Following the completion of the transaction, the director now directly owns 6,217 shares of the company’s stock, valued at $93,690.19. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. 0.10% of the stock is owned by insiders.

Blue Owl Capital Company Profile

(Free Report)

Blue Owl Capital Corporation is a business development company. It specializes in direct and fund of fund investments. The fund makes investments in senior secured, direct lending or unsecured loans, subordinated loans or mezzanine loans and also considers equity-related securities including warrants and preferred stocks also pursues preferred equity investments, first lien, unitranche, and second lien term loans and common equity investments.

Further Reading

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

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