The price of Blue Owl Capital Inc (NYSE:OWL) shares last traded on Wall Street fell -2.48% to $21.22.
OWL stock price is now -10.98% away from the 50-day moving average and 2.77% away from the 200-day moving average. The market capitalization of the company currently stands at $31.80B.
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With the price target of $29, Barclays recently initiated with Overweight rating for Blue Owl Capital Inc (NYSE: OWL). , while ‘TD Cowen’ rates the stock as ‘Buy’
In other news, NBSH Blue Investments II, LLC, 10% Owner bought 2,511,659 shares of the company’s stock on Dec 02 ’24. The stock was bought for $57,868,623 at an average price of $23.04. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 02 ’24, Controlled affiliate Blue Owl Exchange LP bought 1,700,000 shares of the business’s stock. A total of $40,341,000 was incurred on buying the stock at an average price of $23.73. A total of 1.52% of the company’s stock is owned by insiders.
During the past 12 months, Blue Owl Capital Inc has had a low of $15.18 and a high of $26.73. As of last week, the company has a debt-to-equity ratio of 1.40, a current ratio of 1.19, and a quick ratio of 1.19.
The net profit margin was 4.77% and return on equity was 5.99% for OWL. The company reported revenue of $631.36 million for the quarter, compared to $494.04 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 27.8 percent.
