15,340 Shares in Blue Owl Capital Co. (NYSE:OBDC) Acquired by Hager Investment Management Services LLC

Hager Investment Management Services LLC bought a new position in shares of Blue Owl Capital Co. (NYSE:OBDC) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 15,340 shares of the company’s stock, valued at approximately $232,000.

Several other large investors have also added to or reduced their stakes in the business. Amplius Wealth Advisors LLC boosted its holdings in Blue Owl Capital by 1.8% in the fourth quarter. Amplius Wealth Advisors LLC now owns 40,687 shares of the company’s stock worth $615,000 after acquiring an additional 702 shares in the last quarter. Channel Wealth LLC lifted its holdings in shares of Blue Owl Capital by 1.9% in the fourth quarter. Channel Wealth LLC now owns 44,500 shares of the company’s stock valued at $673,000 after purchasing an additional 823 shares in the last quarter. Gilbert & Cook Inc. lifted its holdings in shares of Blue Owl Capital by 3.5% in the third quarter. Gilbert & Cook Inc. now owns 29,327 shares of the company’s stock valued at $427,000 after purchasing an additional 1,000 shares in the last quarter. Blue Trust Inc. lifted its holdings in shares of Blue Owl Capital by 9.5% in the fourth quarter. Blue Trust Inc. now owns 15,261 shares of the company’s stock valued at $222,000 after purchasing an additional 1,321 shares in the last quarter. Finally, 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. Institutional investors and hedge funds own 42.83% of the company’s stock.

Blue Owl Capital Stock Performance

NYSE:OBDC 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. Blue Owl Capital Co. has a 52-week low of $13.98 and a 52-week high of $16.91. The firm has a market cap of $5.89 billion, a price-to-earnings ratio of 9.38 and a beta of 0.83. The business’s fifty day moving average is $15.11 and its 200 day moving average is $14.98.

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

Wall Street Analyst Weigh In

OBDC has been the topic of a number of recent research reports. Royal Bank of Canada restated an “outperform” rating and issued a $17.00 target price on shares of Blue Owl Capital in a report on Tuesday, November 19th. JMP Securities raised their target price on Blue Owl Capital from $16.50 to $17.00 and gave the company a “market outperform” rating in a report on Tuesday. Wells Fargo & Company lifted 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. Finally, 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 report on Thursday, December 12th. 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 assigned a strong buy rating to the company’s stock. According to data from MarketBeat, Blue Owl Capital has an average rating of “Moderate Buy” and an average target price 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.