Owl Rock Capital Co. (NYSE:ORCC – Get Rating) was the goal of unusually massive choices buying and selling exercise on Tuesday. Inventory merchants purchased 33,508 put choices on the corporate. This is a rise of roughly 875% in comparison with the everyday quantity of three,435 put choices.
Owl Rock Capital Buying and selling Up 0.8 %
Shares of NYSE ORCC traded up $0.10 throughout mid-day buying and selling on Tuesday, reaching $12.26. 67,137 shares of the corporate’s inventory have been exchanged, in comparison with its common quantity of two,220,679. The agency has a market capitalization of $4.83 billion, a price-to-earnings ratio of 10.76 and a beta of 0.93. Owl Rock Capital has a 52-week low of $10.18 and a 52-week excessive of $15.33. The corporate’s 50-day shifting common is $12.42 and its 200-day shifting common is $12.35. The corporate has a debt-to-equity ratio of 1.23, a fast ratio of 1.24 and a present ratio of 1.24.
Owl Rock Capital (NYSE:ORCC – Get Rating) final issued its quarterly earnings knowledge on Wednesday, November 2nd. The know-how firm reported $0.37 earnings per share for the quarter, beating analysts’ consensus estimates of $0.34 by $0.03. Owl Rock Capital had a return on fairness of 9.11% and a internet margin of 39.58%. The enterprise had income of $314.05 million through the quarter, in comparison with analysts’ expectations of $289.70 million. Analysts anticipate that Owl Rock Capital will put up 1.41 EPS for the present fiscal 12 months.
Owl Rock Capital Will increase Dividend
The enterprise additionally not too long ago introduced a quarterly dividend, which will likely be paid on Friday, January thirteenth. Traders of document on Friday, December thirtieth will likely be issued a $0.33 dividend. The ex-dividend date of this dividend is Thursday, December twenty ninth. This can be a constructive change from Owl Rock Capital’s earlier quarterly dividend of $0.31. This represents a $1.32 dividend on an annualized foundation and a yield of 10.77%. Owl Rock Capital’s dividend payout ratio (DPR) is 116.81%.
Institutional Inflows and Outflows
A number of institutional buyers and hedge funds have not too long ago purchased and bought shares of the inventory. NewEdge Advisors LLC grew its place in shares of Owl Rock Capital by 12.7% through the second quarter. NewEdge Advisors LLC now owns 106,694 shares of the know-how firm’s inventory price $1,316,000 after shopping for an extra 11,995 shares within the final quarter. DnB Asset Administration AS grew its holdings in Owl Rock Capital by 23.6% through the 2nd quarter. DnB Asset Administration AS now owns 127,969 shares of the know-how firm’s inventory price $1,578,000 after buying an extra 24,471 shares within the final quarter. Graypoint LLC elevated its place in shares of Owl Rock Capital by 21.9% within the 2nd quarter. Graypoint LLC now owns 221,927 shares of the know-how firm’s inventory valued at $2,736,000 after buying an extra 39,808 shares over the last quarter. Delta Funding Administration LLC raised its holdings in shares of Owl Rock Capital by 9.6% within the third quarter. Delta Funding Administration LLC now owns 30,121 shares of the know-how firm’s inventory valued at $312,000 after buying an extra 2,648 shares within the final quarter. Lastly, Barnett & Firm Inc. lifted its place in shares of Owl Rock Capital by 33.6% through the 2nd quarter. Barnett & Firm Inc. now owns 91,750 shares of the know-how firm’s inventory price $1,131,000 after buying an extra 23,100 shares over the last quarter. 42.21% of the inventory is owned by institutional buyers and hedge funds.
Analyst Upgrades and Downgrades
A number of equities analysts have not too long ago weighed in on the inventory. Wells Fargo & Firm raised their worth goal on shares of Owl Rock Capital from $10.00 to $11.50 and gave the inventory an “underweight” ranking in a analysis notice on Friday, November 4th. Hovde Group dropped their goal worth on Owl Rock Capital to $12.50 in a report on Wednesday, October fifth. One funding analyst has rated the inventory with a promote ranking and 4 have assigned a purchase ranking to the inventory. Based on knowledge from MarketBeat.com, the inventory at present has a mean ranking of “Average Purchase” and a consensus goal worth of $14.25.
About Owl Rock Capital
Owl Rock Capital Company is a enterprise growth firm. The fund makes investments in senior secured or unsecured loans, subordinated loans or mezzanine loans and in addition considers equity-related securities together with warrants and most popular shares additionally pursues most popular fairness investments and customary fairness investments.
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