2024-04-04 23:14:25 ET
Summary
- Blue Owl Capital's stock has experienced a notable multiple expansion, bringing down the dividend yield and potentially making it less attractive for investors.
- The market's reaction to Blue Owl's Q4 earnings package was largely justified, but investors should now be aware of the more aggressive assumptions baked into the stock price.
- In this article I describe the key drivers of OWL's performance and outline my thinking on why investors should assume a more conservative stance against the long position in this Stock.
Early January this year, I wrote a bullish article on Blue Owl Capital ( OWL ) establishing a clear buy rating considering the underlying focus on private credit space, which exhibits secular tailwinds....
Read the full article on Seeking Alpha
For further details see:
Blue Owl Capital: Time To Take Part Of The Profits Home