Blue Owl Capital Inc (NYSE: OWL) is 18.79% higher on its value in year-to-date trading and has touched a low of $9.70 and a high of $18.33 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OWL stock was last observed hovering at around $17.43 in the last trading session, with the day’s gains setting it 0.27%.
Currently trading at $17.70, the stock is -0.18% and 6.55% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.13 million and changing 1.55% at the moment leaves the stock 30.65% off its SMA200. OWL registered 73.02% gain for a year compared to 6-month gain of 37.85%. The firm has a 50-day simple moving average (SMA 50) of $5.86 and a 200-day simple moving average (SMA200) of $16.03.
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The stock witnessed a -0.45% loss in the last 1 month and extending the period to 3 months gives it a 23.60%, and is 1.20% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.98% over the week and 1.63% over the month.
Blue Owl Capital Inc (OWL) has around 685 employees, a market worth around $8.24B and $1.73B in sales. Current P/E ratio is 153.11 and Fwd P/E is 17.55. Profit margin for the company is 3.14%. Distance from 52-week low is 82.47% and -3.44% from its 52-week high. The company has generated returns on investments over the last 12 months (1.54%).
Blue Owl Capital Inc quarterly earnings per share for the current quarter are estimated at $0.17 with sales reaching $478.6M over the same period.The EPS is expected to grow by 25.73% this year, but quarterly earnings will post 21.40% year-over-year. Quarterly sales are estimated to grow 26.80% in year-over-year returns.
Blue Owl Capital Inc (OWL) Top Institutional Holders
393 institutions hold shares in Blue Owl Capital Inc (OWL), with institutional investors hold 92.19% of the company’s shares. The shares outstanding are 464.43M, and float is at 456.72M with Short Float at 4.74%. Institutions hold 92.17% of the Float.
The top institutional shareholder in the company is Capital World Investors with over 56.75 million shares valued at $661.13 million. The investor’s holdings represent 12.48% of the OWL Shares outstanding. As of Jun 29, 2023, the second largest holder is ICONIQ Capital, LLC with 50.0 million shares valued at $582.5 million to account for 11.00% of the shares outstanding. The other top investors are Blue Pool Management Limited which holds 41.16 million shares representing 9.05% and valued at over $479.48 million, while Vanguard Group Inc holds 8.56% of the shares totaling 38.91 million with a market value of $453.25 million.
Blue Owl Capital Inc (OWL) Insider Activity
The most recent transaction is an insider sale by Glide Path Solutions 2020, L.P,the company’s10% Owner. SEC filings show that Glide Path Solutions 2020, L.P sold 4,500,000 shares of the company’s common stock on Jan 29 ’24 at a price of $15.81 per share for a total of $71.17 million. Following the sale, the insider now owns 0.0 shares.
Blue Owl Capital Inc disclosed in a document filed with the SEC on Jan 29 ’24 that Glide Path Solutions 2020, L.P (10% Owner) sold a total of 2,000,000 shares of the company’s common stock. The trade occurred on Jan 29 ’24 and was made at $15.81 per share for $31.63 million. Following the transaction, the insider now directly holds 0.0 shares of the OWL stock.
