This morning we watched Blue Owl Capital drop -9.9% to a price of $17.18 per share. The Large-Cap Asset Management company is now trading -18.58% below its average target price of $21.1. Analysts have set target prices ranging from $19.0 to $24.0 per share for Blue Owl Capital, and have given the stock an average rating of buy.
The stock has an average amount of shares sold short at 6.8%, and a short ratio of 6.06. At 0.04%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that a significant number of institutional investors are invested in the stock, with 84.9% of Blue Owl Capital's shares being owned by this investor type.
Institutions Invested in Blue Owl Capital
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-03-31 | Capital World Investors | 13% | 63,339,128 | $1,088,166,238 |
| 2024-03-31 | ICONIQ Capital, LLC | 8% | 42,514,087 | $730,392,027 |
| 2024-03-31 | Vanguard Group Inc | 8% | 40,731,640 | $699,769,587 |
| 2024-03-31 | Bank of America Corporation | 8% | 40,279,648 | $692,004,364 |
| 2024-03-31 | Capital International Investors | 7% | 33,284,962 | $571,835,657 |
| 2024-03-31 | Blackrock Inc. | 3% | 16,640,159 | $285,877,936 |
| 2024-03-31 | FMR, LLC | 2% | 12,477,566 | $214,364,587 |
| 2024-03-31 | Capital Research Global Investors | 2% | 10,512,628 | $180,606,952 |
| 2024-03-31 | California, University of-Regents | 2% | 7,988,767 | $137,247,019 |
| 2024-03-31 | State Street Corporation | 1% | 7,435,162 | $127,736,085 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Blue Owl Capital.
