Mirador Capital Partners LP Has $461,000 Stock Position in Blue Owl Capital Co. (NYSE:OBDC)

Mirador Capital Partners LP increased its holdings in Blue Owl Capital Co. (NYSE:OBDC) by 7.7% in the fourth quarter, HoldingsChannel reports. The firm owned 30,474 shares of the company’s stock after purchasing an additional 2,187 shares during the period. Mirador Capital Partners LP’s holdings in Blue Owl Capital were worth $461,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Bank of New York Mellon Corp lifted its position in shares of Blue Owl Capital by 37.7% in the second quarter. Bank of New York Mellon Corp now owns 40,313 shares of the company’s stock worth $619,000 after buying an additional 11,041 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in shares of Blue Owl Capital by 13.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 423,169 shares of the company’s stock valued at $6,500,000 after acquiring an additional 50,752 shares in the last quarter. J.W. Cole Advisors Inc. acquired a new stake in Blue Owl Capital in the 2nd quarter worth approximately $296,000. Blair William & Co. IL boosted its position in Blue Owl Capital by 29.0% during the second quarter. Blair William & Co. IL now owns 38,919 shares of the company’s stock worth $598,000 after purchasing an additional 8,759 shares during the period. Finally, WCG Wealth Advisors LLC grew its holdings in Blue Owl Capital by 11.9% during the second quarter. WCG Wealth Advisors LLC now owns 54,564 shares of the company’s stock valued at $838,000 after purchasing an additional 5,801 shares during the last quarter. 42.83% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

OBDC has been the subject of several recent analyst reports. Keefe, Bruyette & Woods reaffirmed an “underperform” rating and set a $14.00 price objective (down from $15.50) on shares of Blue Owl Capital in a report on Thursday, December 12th. Wells Fargo & Company raised their price target on Blue Owl Capital from $14.00 to $14.50 and gave the company an “underweight” rating in a research report on Tuesday, October 29th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $17.00 price objective on shares of Blue Owl Capital in a research note on Tuesday, November 19th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Blue Owl Capital presently has a consensus rating of “Moderate Buy” and an average target price of $15.92.

Blue Owl Capital Stock Up 0.5 %

OBDC stock opened at $15.00 on Thursday. The business’s 50-day simple moving average is $15.12 and its 200 day simple moving average is $15.04. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 1.30. The company has a market cap of $5.85 billion, a PE ratio of 9.32 and a beta of 0.84. Blue Owl Capital Co. has a twelve month low of $13.98 and a twelve month high of $16.91.

Blue Owl Capital Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This is a boost from Blue Owl Capital’s previous quarterly dividend of $0.06. This represents a $1.48 dividend on an annualized basis and a dividend yield of 9.87%. Blue Owl Capital’s payout ratio is currently 91.93%.

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.