Och-Ziff Capital Management Group LLC (NYSE:OZM) has been given a $4.00 price objective by Keefe, Bruyette & Woods in a research report issued on Friday. The firm presently has a a “hold” rating on the stock. Keefe, Bruyette & Woods’ price target points to a potential upside of 16.28% from the stock’s previous close.

A number of other analysts also recently commented on OZM. Bank of America Corp. downgraded Och-Ziff Capital Management Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, June 28th. Jefferies Group downgraded Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $5.50 to $4.00 in a research report on Tuesday, July 12th. Royal Bank Of Canada reduced their price objective on Och-Ziff Capital Management Group from $7.00 to $5.00 and set an “outperform” rating for the company in a research report on Thursday, July 21st. RBC Capital Markets set a $5.00 price objective on Och-Ziff Capital Management Group and gave the stock a “buy” rating in a research report on Thursday, July 21st. Finally, Credit Suisse Group AG reiterated a “hold” rating and issued a $4.60 price objective on shares of Och-Ziff Capital Management Group in a research report on Wednesday, August 3rd. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of $5.17.

Analyst Recommendations for Och-Ziff Capital Management Group (NYSE:OZM)

Shares of Och-Ziff Capital Management Group (NYSE:OZM) traded down 0.58% on Friday, reaching $3.42. The company’s stock had a trading volume of 397,709 shares. The stock’s market capitalization is $620.58 million. Och-Ziff Capital Management Group has a 52 week low of $2.89 and a 52 week high of $7.95. The stock has a 50-day moving average of $3.90 and a 200 day moving average of $3.83.

Och-Ziff Capital Management Group (NYSE:OZM) last announced its earnings results on Tuesday, August 2nd. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.01. The company earned $152.55 million during the quarter, compared to analysts’ expectations of $144.40 million. During the same period last year, the firm posted $0.18 EPS. The firm’s revenue for the quarter was down 52.5% compared to the same quarter last year. On average, analysts expect that Och-Ziff Capital Management Group will post ($0.56) EPS for the current year.

A number of large investors have recently added to or reduced their stakes in the stock. Blue Ridge Capital L.L.C. acquired a new stake in Och-Ziff Capital Management Group during the second quarter worth $33,592,000. JPMorgan Chase & Co. boosted its stake in Och-Ziff Capital Management Group by 153.6% in the second quarter. JPMorgan Chase & Co. now owns 3,190,218 shares of the company’s stock worth $12,123,000 after buying an additional 1,932,227 shares in the last quarter. Marshall Wace LLP boosted its stake in Och-Ziff Capital Management Group by 62.9% in the second quarter. Marshall Wace LLP now owns 1,964,022 shares of the company’s stock worth $7,464,000 after buying an additional 758,352 shares in the last quarter. Springhouse Capital Management LP boosted its stake in Och-Ziff Capital Management Group by 23.9% in the second quarter. Springhouse Capital Management LP now owns 1,638,624 shares of the company’s stock worth $6,227,000 after buying an additional 316,486 shares in the last quarter. Finally, Artemis Investment Management LLP boosted its stake in Och-Ziff Capital Management Group by 141.6% in the second quarter. Artemis Investment Management LLP now owns 1,208,000 shares of the company’s stock worth $4,596,000 after buying an additional 708,000 shares in the last quarter.

Och-Ziff Capital Management Group Company Profile

Och-Ziff Capital Management Group LLC (Och-Ziff) is an institutional alternative asset manager. The Company provides asset management services through its funds, which pursue a range of global investment opportunities. The Company operates through two segments: the Och-Ziff Funds and Other Operations.

5 Day Chart for NYSE:OZM

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