Blue Owl Capital Inc. (NYSE:OWL) Stock Holdings Lessened by Barton Investment Management

Barton Investment Management reduced its position in shares of Blue Owl Capital Inc. (NYSE:OWL) by 0.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,830,219 shares of the company’s stock after selling 4,586 shares during the period. Blue Owl Capital accounts for approximately 4.5% of Barton Investment Management’s portfolio, making the stock its 5th largest position. Barton Investment Management owned 0.12% of Blue Owl Capital worth $42,571,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. The Manufacturers Life Insurance Company lifted its holdings in shares of Blue Owl Capital by 19.3% during the second quarter. The Manufacturers Life Insurance Company now owns 99,866 shares of the company’s stock valued at $1,773,000 after purchasing an additional 16,189 shares during the last quarter. Creative Planning boosted its position in shares of Blue Owl Capital by 25.2% during the second quarter. Creative Planning now owns 50,771 shares of the company’s stock valued at $901,000 after buying an additional 10,224 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in shares of Blue Owl Capital during the second quarter valued at $1,035,000. Handelsbanken Fonder AB raised its position in Blue Owl Capital by 54.9% in the 3rd quarter. Handelsbanken Fonder AB now owns 130,300 shares of the company’s stock worth $2,523,000 after buying an additional 46,200 shares during the last quarter. Finally, Fulton Bank N.A. bought a new position in Blue Owl Capital during the 3rd quarter valued at about $364,000. 35.85% of the stock is owned by institutional investors.

Blue Owl Capital Stock Performance

NYSE:OWL opened at $25.00 on Thursday. The firm has a 50-day simple moving average of $24.03 and a 200-day simple moving average of $21.37. Blue Owl Capital Inc. has a one year low of $15.18 and a one year high of $26.73. The firm has a market cap of $37.33 billion, a P/E ratio of 147.04, a P/E/G ratio of 1.41 and a beta of 1.15.

Analyst Ratings Changes

Several brokerages have issued reports on OWL. TD Cowen raised Blue Owl Capital from a “hold” rating to a “buy” rating and raised their target price for the stock from $26.00 to $28.00 in a research report on Thursday, January 16th. UBS Group upped their target price on shares of Blue Owl Capital from $20.00 to $27.00 and gave the company a “buy” rating in a report on Tuesday, October 22nd. Piper Sandler boosted their price objective on shares of Blue Owl Capital from $25.00 to $27.00 and gave the company an “overweight” rating in a research report on Monday, December 23rd. Citigroup restated a “buy” rating and issued a $30.00 price objective on shares of Blue Owl Capital in a research note on Thursday, January 23rd. Finally, Evercore ISI lifted their target price on Blue Owl Capital from $25.00 to $26.00 and gave the company an “outperform” rating in a research report on Friday, January 17th. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $25.85.

About Blue Owl Capital

Blue Owl Capital Inc operates as an asset manager in the United States. The company offers permanent capital base solutions that enables it to offer holistic framework of capital solutions to middle market companies, large alternative asset managers, and corporate real estate owners and tenants. It also provides direct lending products that offer private credit products comprising diversified, technology, first lien, and opportunistic lending to middle-market companies; liquid credit; GP strategic capital products, which offers capital solutions, including GP minority stakes, GP debt financing, and professional sports minority stakes; and real estate products that focuses on acquiring triple net lease real estate by investment grade or creditworthy tenants.