Och-Ziff Capital Management Group LLC (NYSE:OZM)‘s stock had its “sell” rating reissued by equities researchers at Citigroup Inc. in a report released on Tuesday.

Other analysts have also recently issued research reports about the company. Keefe, Bruyette & Woods set a $4.00 price target on Och-Ziff Capital Management Group and gave the company a “hold” rating in a report on Friday. Bank of America Corp. set a $5.00 price target on Och-Ziff Capital Management Group and gave the company a “hold” rating in a report on Saturday, October 1st. Compass Point upgraded Och-Ziff Capital Management Group from a “neutral” rating to a “buy” rating and set a $5.00 price target for the company in a report on Thursday, September 29th. Credit Suisse Group AG restated a “hold” rating and issued a $4.60 price target on shares of Och-Ziff Capital Management Group in a report on Wednesday, August 3rd. Finally, RBC Capital Markets set a $5.00 price target on Och-Ziff Capital Management Group and gave the company a “buy” rating in a report on Thursday, July 21st. Three equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $5.22.

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

Shares of Och-Ziff Capital Management Group (NYSE:OZM) traded up 4.07% during mid-day trading on Tuesday, reaching $3.58. 244,369 shares of the company traded hands. The firm’s 50 day moving average price is $3.89 and its 200-day moving average price is $3.82. The company’s market capitalization is $649.61 million. Och-Ziff Capital Management Group has a 52-week low of $2.89 and a 52-week high of $7.95.

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 had revenue of $152.55 million for the quarter, compared to analysts’ expectations of $144.40 million. During the same period last year, the firm earned $0.18 earnings per share. The company’s revenue was down 52.5% compared to the same quarter last year. Equities analysts predict that Och-Ziff Capital Management Group will post ($0.56) earnings per share for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in OZM. Telemus Capital LLC raised its position in Och-Ziff Capital Management Group by 1,730.9% in the third quarter. Telemus Capital LLC now owns 302,100 shares of the company’s stock valued at $1,311,000 after buying an additional 285,600 shares during the period. Sterneck Capital Management LLC bought a new position in Och-Ziff Capital Management Group during the second quarter valued at approximately $129,000. Stifel Financial Corp raised its position in Och-Ziff Capital Management Group by 55.6% in the second quarter. Stifel Financial Corp now owns 415,705 shares of the company’s stock valued at $1,580,000 after buying an additional 148,601 shares during the period. Blue Ridge Capital L.L.C. bought a new position in Och-Ziff Capital Management Group during the second quarter valued at approximately $33,592,000. Finally, Guggenheim Capital LLC raised its position in Och-Ziff Capital Management Group by 231.6% in the second quarter. Guggenheim Capital LLC now owns 275,906 shares of the company’s stock valued at $1,048,000 after buying an additional 192,711 shares during the period.

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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