Owl Rock Capital Co. 将发行0.33美元的季度股息（纽约证券交易所代码：ORCC）

Owl Rock Capital Co. (NYSE:ORCC – Get Rating) declared a quarterly dividend on Wednesday, February 22nd, Wall Street Journal reports. Investors of record on Friday, March 31st will be given a dividend of 0.33 per share by the technology company on Friday, April 14th. This represents a $1.32 dividend on an annualized basis and a yield of 10.50%. The ex-dividend date is Thursday, March 30th.

Owl Rock Capital has raised its dividend payment by an average of 26.7% annually over the last three years and has increased its dividend annually for the last 1 consecutive years. Owl Rock Capital has a payout ratio of 78.1% meaning its dividend is currently covered by earnings, but may not be in the future if the company's earnings tumble. Equities analysts expect Owl Rock Capital to earn $1.69 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 78.1%.

Owl Rock Capital Stock Performance

NYSE:ORCC opened at $12.57 on Wednesday. Owl Rock Capital has a 1 year low of $10.18 and a 1 year high of $15.33. The firm's fifty day simple moving average is $12.99 and its 200 day simple moving average is $12.37. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 1.24. The firm has a market capitalization of $4.91 billion, a PE ratio of 10.65 and a beta of 0.95.

Institutional Trading of Owl Rock Capital

Hedge funds have recently bought and sold shares of the stock. Millennium Management LLC lifted its stake in Owl Rock Capital by 516.1% during the fourth quarter. Millennium Management LLC now owns 2,065,984 shares of the technology company's stock worth $23,862,000 after purchasing an additional 1,730,654 shares during the period. Royal Bank of Canada lifted its stake in Owl Rock Capital by 24.0% during the first quarter. Royal Bank of Canada now owns 4,734,437 shares of the technology company's stock worth $69,974,000 after purchasing an additional 916,815 shares during the period. CI Private Wealth LLC bought a new position in Owl Rock Capital during the fourth quarter worth about $10,278,000. Renaissance Technologies LLC lifted its stake in Owl Rock Capital by 83.9% during the fourth quarter. Renaissance Technologies LLC now owns 1,300,857 shares of the technology company's stock worth $15,025,000 after purchasing an additional 593,386 shares during the period. Finally, First Republic Investment Management Inc. lifted its stake in Owl Rock Capital by 43.8% during the first quarter. First Republic Investment Management Inc. now owns 1,848,883 shares of the technology company's stock worth $27,326,000 after purchasing an additional 563,308 shares during the period. 42.21% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on ORCC shares. JMP Securities reiterated a "market outperform" rating and issued a $15.00 target price on shares of Owl Rock Capital in a research note on Monday, March 13th. TheStreet raised shares of Owl Rock Capital from a "c+" rating to a "b-" rating in a report on Tuesday, January 31st. One equities research analyst has rated the stock with a sell rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $13.90.

About Owl Rock Capital

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Owl Rock Capital Corp non traded business development company seeks investment opportunities in middle market companies located in the United States with an EBITDA of USD 10 – 250 million and annual revenue of USD 50 million – 2.5 billion. The fund focuses on broad range of sectors including business services, healthcare services, pharma & healthcare technology, aerospace & defense, software & technology and manufacturing & industrials.

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