Credit Suisse Group AG reissued their hold rating on shares of Och-Ziff Capital Management Group LLC (NYSE:OZM) in a research note released on Monday. The firm currently has a $3.00 price target on the stock.

OZM has been the topic of several other reports. Citigroup Inc. lowered Och-Ziff Capital Management Group from a neutral rating to a sell rating and dropped their price objective for the company from $4.25 to $3.40 in a report on Thursday, August 25th. Compass Point raised Och-Ziff Capital Management Group from a neutral rating to a buy rating and set a $5.00 price objective on the stock in a report on Thursday, September 29th. Keefe, Bruyette & Woods set a $4.00 price objective on Och-Ziff Capital Management Group and gave the company a hold rating in a report on Friday, October 14th. Royal Bank Of Canada dropped their price objective on Och-Ziff Capital Management Group from $7.00 to $5.00 and set an outperform rating on the stock in a report on Thursday, July 21st. Finally, RBC Capital Markets set a $5.00 price objective on Och-Ziff Capital Management Group and gave the company a buy rating in a report on Thursday, July 21st. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average price target of $4.13.

Shares of Och-Ziff Capital Management Group (NYSE:OZM) opened at 2.93 on Monday. Och-Ziff Capital Management Group has a 12-month low of $2.81 and a 12-month high of $7.28. The company’s 50-day moving average price is $3.50 and its 200 day moving average price is $3.73. The stock’s market cap is $531.66 million.

Och-Ziff Capital Management Group (NYSE:OZM) last issued its quarterly earnings data on Wednesday, November 2nd. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.06 by $0.04. The business earned $138.80 million during the quarter, compared to analyst estimates of $135.10 million. During the same period in the previous year, the business posted $0.13 earnings per share. The firm’s revenue for the quarter was down 31.4% on a year-over-year basis. On average, equities analysts predict that Och-Ziff Capital Management Group will post ($0.29) earnings per share for the current year.

A number of institutional investors have recently made changes to their positions in OZM. Sterneck Capital Management LLC bought a new position in shares of Och-Ziff Capital Management Group during the second quarter worth approximately $129,000. Alpine Partners VI LLC bought a new position in shares of Och-Ziff Capital Management Group during the second quarter worth approximately $160,000. Harvest Management LLC bought a new position in shares of Och-Ziff Capital Management Group during the second quarter worth approximately $190,000. Hsbc Holdings PLC increased its position in shares of Och-Ziff Capital Management Group by 82.3% in the second quarter. Hsbc Holdings PLC now owns 51,102 shares of the company’s stock worth $194,000 after buying an additional 23,064 shares during the last quarter. Finally, Brown Advisory Inc. bought a new position in shares of Och-Ziff Capital Management Group during the second quarter worth approximately $228,000.

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

Receive News & Stock Ratings for Och-Ziff Capital Management Group LLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Och-Ziff Capital Management Group LLC and related stocks with our FREE daily email newsletter.