U.S. Capital Wealth Advisors LLC increased its holdings in shares of Blue Owl Capital Co. (NYSE:OBDC – Free Report) by 18.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 94,196 shares of the company’s stock after acquiring an additional 14,801 shares during the quarter. U.S. Capital Wealth Advisors LLC’s holdings in Blue Owl Capital were worth $1,424,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Fifth Third Bancorp boosted its holdings in shares of Blue Owl Capital by 192.2% in the fourth quarter. Fifth Third Bancorp now owns 2,922 shares of the company’s stock valued at $44,000 after buying an additional 1,922 shares during the period. National Bank of Canada FI boosted its holdings in shares of Blue Owl Capital by 144.7% in the third quarter. National Bank of Canada FI now owns 4,160 shares of the company’s stock valued at $61,000 after buying an additional 2,460 shares during the period. Westend Capital Management LLC lifted its holdings in shares of Blue Owl Capital by 58.8% in the fourth quarter. Westend Capital Management LLC now owns 4,816 shares of the company’s stock valued at $73,000 after purchasing an additional 1,784 shares in the last quarter. nVerses Capital LLC lifted its holdings in shares of Blue Owl Capital by 19.8% in the third quarter. nVerses Capital LLC now owns 9,700 shares of the company’s stock valued at $141,000 after purchasing an additional 1,600 shares in the last quarter. Finally, Quad Cities Investment Group LLC bought a new stake in shares of Blue Owl Capital in the third quarter valued at about $148,000. 42.83% of the stock is currently owned by institutional investors.
Blue Owl Capital Stock Up 0.1 %
Shares of OBDC stock opened at $15.10 on Wednesday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 1.28 and a current ratio of 1.28. The firm’s 50-day moving average is $15.11 and its 200-day moving average is $14.98. The stock has a market cap of $5.89 billion, a price-to-earnings ratio of 9.38 and a beta of 0.83. Blue Owl Capital Co. has a 52-week low of $13.98 and a 52-week high of $16.91.
Wall Street Analyst Weigh In
A number of brokerages have recently commented on OBDC. Keefe, Bruyette & Woods restated an “underperform” rating and issued a $14.00 price target (down from $15.50) on shares of Blue Owl Capital in a report on Thursday, December 12th. Royal Bank of Canada reiterated an “outperform” rating and issued a $17.00 price objective on shares of Blue Owl Capital in a report on Tuesday, November 19th. Wells Fargo & Company lifted their price objective on shares of Blue Owl Capital from $14.00 to $14.50 and gave the company an “underweight” rating in a report on Tuesday, October 29th. Finally, JMP Securities lifted their price objective on shares of Blue Owl Capital from $16.50 to $17.00 and gave the company a “market outperform” rating in a report on Tuesday. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat, Blue Owl Capital currently has an average rating of “Moderate Buy” and a consensus price target of $16.08.
View Our Latest Analysis on OBDC
Blue Owl Capital 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.
Featured Stories
- Five stocks we like better than Blue Owl Capital
- 3 Stocks to Consider Buying in October
- Rocket Lab’s Growth Strategy: Small Rockets, Massive Potential
- The Risks of Owning Bonds
- Goldman Sachs vs. Morgan Stanley—Which Stock Has More Upside?
- 3 Small Caps With Big Return Potential
- 3 Reasons Bulls Will Win on Super Micro Computer Stock
Want to see what other hedge funds are holding OBDC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Blue Owl Capital Co. (NYSE:OBDC – Free Report).
Receive News & Ratings for Blue Owl Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Owl Capital and related companies with MarketBeat.com's FREE daily email newsletter.