Blue Owl Capital Co. (NYSE:OBDC) Shares Sold by Certuity LLC

Certuity LLC lowered its stake in shares of Blue Owl Capital Co. (NYSE:OBDC) by 6.1% in the fourth quarter, Holdings Channel reports. The firm owned 60,047 shares of the company’s stock after selling 3,933 shares during the period. Certuity LLC’s holdings in Blue Owl Capital were worth $908,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Stephens Inc. AR grew its stake in shares of Blue Owl Capital by 3.3% in the 4th quarter. Stephens Inc. AR now owns 3,326,298 shares of the company’s stock valued at $50,294,000 after buying an additional 106,722 shares during the period. Strid Group LLC purchased a new stake in shares of Blue Owl Capital in the 4th quarter valued at approximately $209,000. Apollon Wealth Management LLC grew its stake in shares of Blue Owl Capital by 8.2% in the 4th quarter. Apollon Wealth Management LLC now owns 119,056 shares of the company’s stock valued at $1,800,000 after buying an additional 9,040 shares during the period. Tectonic Advisors LLC lifted its holdings in shares of Blue Owl Capital by 15.4% in the 4th quarter. Tectonic Advisors LLC now owns 609,881 shares of the company’s stock worth $9,221,000 after acquiring an additional 81,389 shares during the last quarter. Finally, Hager Investment Management Services LLC acquired a new position in shares of Blue Owl Capital in the 4th quarter worth approximately $232,000. Hedge funds and other institutional investors own 42.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on OBDC shares. Citizens Jmp upgraded shares of Blue Owl Capital to a “strong-buy” rating in a report on Monday, February 3rd. Keefe, Bruyette & Woods restated an “underperform” rating and issued a $14.00 price objective (down from $15.50) on shares of Blue Owl Capital in a report on Thursday, December 12th. Royal Bank of Canada restated an “outperform” rating and issued a $17.00 price objective on shares of Blue Owl Capital in a report on Tuesday, November 19th. JMP Securities upped their price objective on shares of Blue Owl Capital from $16.50 to $17.00 and gave the stock a “market outperform” rating in a report on Tuesday, February 4th. Finally, Wells Fargo & Company increased their target price on shares of Blue Owl Capital from $14.00 to $14.50 and gave the stock an “underweight” rating in a report on Tuesday, October 29th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, four have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, Blue Owl Capital currently has an average rating of “Moderate Buy” and an average price target of $16.08.

Blue Owl Capital Stock Performance

Shares of NYSE OBDC opened at $15.10 on Wednesday. The company has a market cap of $5.89 billion, a PE ratio of 9.38 and a beta of 0.83. Blue Owl Capital Co. has a 12 month low of $13.98 and a 12 month high of $16.91. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.28 and a quick ratio of 1.28. The company has a 50-day simple moving average of $15.09 and a 200-day simple moving average of $14.97.

About Blue Owl Capital

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.