Blue Owl Capital Co. (NYSE:OBDC) Given Consensus Rating of “Hold” by Brokerages

Shares of Blue Owl Capital Co. (NYSE:OBDC) have been given an average rating of “Hold” by the five research firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $15.50.

A number of research analysts recently weighed in on OBDC shares. JMP Securities restated a “market outperform” rating and issued a $16.00 price objective on shares of Blue Owl Capital in a report on Tuesday, March 26th. Hovde Group lifted their price target on shares of Blue Owl Capital from $16.00 to $17.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Wells Fargo & Company lifted their price target on shares of Blue Owl Capital from $13.00 to $14.50 and gave the stock an “underweight” rating in a research note on Monday, January 29th.

Blue Owl Capital Trading Down 0.9 %

Shares of OBDC stock opened at $16.18 on Friday. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.60 and a current ratio of 1.60. The stock has a market capitalization of $6.30 billion, a P/E ratio of 7.97 and a beta of 0.88. The company has a 50 day moving average price of $15.51 and a 200 day moving average price of $14.97. Blue Owl Capital has a fifty-two week low of $12.49 and a fifty-two week high of $16.42.

Blue Owl Capital (NYSE:OBDC) last announced its quarterly earnings data on Wednesday, February 21st. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.48 by $0.03. The firm had revenue of $411.23 million during the quarter, compared to analysts’ expectations of $397.42 million. Blue Owl Capital had a net margin of 50.14% and a return on equity of 12.62%. Equities research analysts predict that Blue Owl Capital will post 1.9 EPS for the current fiscal year.

Blue Owl Capital Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were given a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, February 29th. This represents a $0.32 annualized dividend and a dividend yield of 1.98%. Blue Owl Capital’s dividend payout ratio is presently 68.97%.

Insider Transactions at Blue Owl Capital

In related news, Director Edward H. Dalelio acquired 3,000 shares of Blue Owl Capital stock in a transaction dated Tuesday, March 5th. The stock was acquired at an average price of $15.07 per share, for a total transaction of $45,210.00. Following the transaction, the director now owns 6,217 shares of the company’s stock, valued at $93,690.19. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.12% of the company’s stock.

Institutional Trading of Blue Owl Capital

Institutional investors and hedge funds have recently bought and sold shares of the business. Heritage Wealth Advisors purchased a new stake in Blue Owl Capital in the 4th quarter valued at $32,000. Headlands Technologies LLC purchased a new stake in Blue Owl Capital in the 1st quarter valued at $40,000. Newbridge Financial Services Group Inc. purchased a new stake in Blue Owl Capital in the 4th quarter valued at $38,000. GPS Wealth Strategies Group LLC purchased a new stake in Blue Owl Capital in the 4th quarter valued at $41,000. Finally, Spire Wealth Management acquired a new position in Blue Owl Capital in the 4th quarter valued at $45,000. Hedge funds and other institutional investors own 42.83% of the company’s stock.

Blue Owl Capital Company Profile

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.