Anfield Capital Management LLC Makes New $254,000 Investment in Blue Owl Capital Co. (NYSE:OBDC)

Anfield Capital Management LLC bought a new position in Blue Owl Capital Co. (NYSE:OBDC) in the fourth quarter, HoldingsChannel reports. The fund bought 17,214 shares of the company’s stock, valued at approximately $254,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. GPS Wealth Strategies Group LLC bought a new stake in shares of Blue Owl Capital in the 4th quarter valued at about $41,000. CVA Family Office LLC bought a new stake in shares of Blue Owl Capital in the 4th quarter valued at about $61,000. Register Financial Advisors LLC bought a new stake in shares of Blue Owl Capital in the 4th quarter valued at about $64,000. Parkside Financial Bank & Trust bought a new stake in shares of Blue Owl Capital in the 4th quarter valued at about $66,000. Finally, Bourgeon Capital Management LLC bought a new stake in shares of Blue Owl Capital in the 4th quarter valued at about $70,000. Institutional investors and hedge funds own 42.83% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on OBDC. JMP Securities restated a “market outperform” rating and set a $16.00 target price on shares of Blue Owl Capital in a research report on Tuesday, March 26th. Wells Fargo & Company upped their target price on Blue Owl Capital from $13.00 to $14.50 and gave the company an “underweight” rating in a research report on Monday, January 29th. Finally, B. Riley lowered Blue Owl Capital from a “buy” rating to a “neutral” rating and set a $15.50 target price on the stock. in a research report on Monday, January 8th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Blue Owl Capital currently has an average rating of “Hold” and an average target price of $15.50.

Insider Transactions at Blue Owl Capital

In related news, Director Edward H. Dalelio acquired 3,000 shares of the stock in a transaction dated Tuesday, March 5th. The stock was purchased at an average cost of $15.07 per share, with a total value of $45,210.00. Following the completion of the purchase, the director now directly owns 6,217 shares in the company, valued at approximately $93,690.19. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Company insiders own 0.12% of the company’s stock.

Blue Owl Capital Stock Up 1.2 %

Shares of NYSE:OBDC opened at $15.94 on Friday. The business’s 50 day simple moving average is $15.32 and its two-hundred day simple moving average is $14.81. The firm has a market cap of $6.21 billion, a P/E ratio of 7.85 and a beta of 0.91. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.60 and a current ratio of 1.60. Blue Owl Capital Co. has a 52-week low of $12.20 and a 52-week high of $15.95.

Blue Owl Capital (NYSE:OBDC) last announced its quarterly earnings results on Wednesday, February 21st. The company reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.03. The business had revenue of $411.23 million for the quarter, compared to analyst estimates of $397.42 million. Blue Owl Capital had a return on equity of 12.62% and a net margin of 50.14%. As a group, research analysts forecast that Blue Owl Capital Co. will post 1.9 EPS for the current fiscal year.

Blue Owl Capital Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 15th. Stockholders of record on Friday, March 1st were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.01%. The ex-dividend date was Thursday, February 29th. Blue Owl Capital’s dividend payout ratio (DPR) is presently 68.97%.

Blue Owl Capital Company 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.