Sun Sep 15 14:54:57 UTC 2024: ## Blue Owl Capital Sees Mixed Investor Activity: Oppenheimer Reduces Stake, Others Invest

**New York, NY** – Blue Owl Capital Co. (NYSE: OBDC) experienced a mixed bag of investor activity in recent months, with Oppenheimer & Co. Inc. reducing its stake in the company while other institutional investors bought new positions.

Oppenheimer & Co. Inc. lowered its stake in Blue Owl Capital by 32.3% during the second quarter, selling 159,737 shares. The firm now owns 334,603 shares, valued at $5,140,000.

Meanwhile, several other hedge funds and institutions took a bullish stance. Gilbert & Cook Inc., Avantax Advisory Services Inc., Beacon Pointe Advisors LLC, Meridian Wealth Management LLC, and Kingsview Wealth Management LLC all purchased new stakes in Blue Owl Capital during the fourth quarter, demonstrating confidence in the company’s future performance.

In other news, Director Edward H. Dalelio acquired 2,500 shares of Blue Owl Capital on August 27th at an average price of $15.02 per share. This brings his total ownership to 9,016 shares.

Blue Owl Capital’s stock opened at $14.80 on Friday, with a market cap of $5.77 billion. The company recently reported strong quarterly earnings, exceeding analysts’ expectations.

The company also declared a quarterly dividend of $0.06 per share, payable on October 15th. This marks an increase from the previous dividend of $0.05.

Blue Owl Capital Corporation specializes in direct and fund of fund investments in the alternative asset space, including senior secured and unsecured loans, mezzanine loans, and equity-related securities.

While Oppenheimer & Co. Inc.’s decision to reduce its stake may raise some eyebrows, the overall positive investor activity suggests confidence in Blue Owl Capital’s future prospects.

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