The owl in dreams is interpreted as the symbol of knowing and wisdom. It is very miserable animal that appears only a night time. In some cultures the owl is related to the eagle who is much respected bird. The owls indicates various turnovers in your waking life. The one owl that is hooting is a symbol of minor problems, however if you are able to stop him hooting, you will succeed. The owl could mean that your knowledge is better than other peoples, and you wish to make it even better.
Read more about dreaming of Owl in other dream meanings interpretations.