Blue Owl Capital Co. (NYSE:OBDC) Shares Bought by MAS Advisors LLC

MAS Advisors LLC grew its stake in Blue Owl Capital Co. (NYSE:OBDC) by 16.0% during the fourth quarter, HoldingsChannel.com reports. The firm owned 19,608 shares of the company’s stock after purchasing an additional 2,707 shares during the period. MAS Advisors LLC’s holdings in Blue Owl Capital were worth $296,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of OBDC. Fifth Third Bancorp raised its stake in Blue Owl Capital by 192.2% during 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 in the last quarter. National Bank of Canada FI increased its holdings in shares of Blue Owl Capital by 144.7% in the 3rd quarter. National Bank of Canada FI now owns 4,160 shares of the company’s stock valued at $61,000 after acquiring an additional 2,460 shares during the last quarter. Westend Capital Management LLC raised its position in shares of Blue Owl Capital by 58.8% during the 4th quarter. Westend Capital Management LLC now owns 4,816 shares of the company’s stock valued at $73,000 after acquiring an additional 1,784 shares in the last quarter. nVerses Capital LLC lifted its stake in Blue Owl Capital by 19.8% during the third quarter. nVerses Capital LLC now owns 9,700 shares of the company’s stock worth $141,000 after purchasing an additional 1,600 shares during the last quarter. Finally, Quad Cities Investment Group LLC acquired a new position in Blue Owl Capital in the third quarter worth $148,000. Institutional investors own 42.83% of the company’s stock.

Blue Owl Capital Stock Performance

OBDC opened at $15.10 on Wednesday. Blue Owl Capital Co. has a twelve month low of $13.98 and a twelve month high of $16.91. The stock has a market cap of $5.89 billion, a PE ratio of 9.38 and a beta of 0.83. The business’s 50 day moving average is $15.11 and its 200-day moving average is $14.98. The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 1.30.

Blue Owl Capital (NYSE:OBDC) last announced its quarterly earnings results on Wednesday, November 6th. The company reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). The business had revenue of $406.03 million for the quarter, compared to analyst estimates of $399.85 million. Blue Owl Capital had a return on equity of 12.59% and a net margin of 38.99%. During the same quarter last year, the firm posted $0.49 EPS. On average, analysts predict that Blue Owl Capital Co. will post 1.89 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on OBDC. Royal Bank of Canada restated an “outperform” rating and issued a $17.00 price target on shares of Blue Owl Capital in a research report on Tuesday, November 19th. JMP Securities lifted their target price on Blue Owl Capital from $16.50 to $17.00 and gave the company a “market outperform” rating in a research note on Tuesday. Keefe, Bruyette & Woods reiterated an “underperform” rating and set a $14.00 price target (down from $15.50) on shares of Blue Owl Capital in a research report on Thursday, December 12th. Finally, Wells Fargo & Company raised their price target on Blue Owl Capital from $14.00 to $14.50 and gave the stock an “underweight” rating in a report on Tuesday, October 29th. Two investment analysts have rated the stock with a sell rating, one has issued a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, Blue Owl Capital currently has an average rating of “Moderate Buy” and a consensus price target of $16.08.

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.