Citigroup Inc. upgraded shares of Och-Ziff Capital Management Group LLC (NYSE:OZM) from a sell rating to a neutral rating in a research report report published on Monday morning. Citigroup Inc. currently has $3.00 target price on the stock.

Other analysts have also issued research reports about the company. 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. 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 research report on Thursday, September 29th. Zacks Investment Research raised Och-Ziff Capital Management Group from a sell rating to a hold rating in a research report on Saturday, November 5th. Keefe, Bruyette & Woods set a $4.00 price objective on Och-Ziff Capital Management Group and gave the company a hold rating in a research report on Friday, October 14th. Finally, Bank of America Corp. set a $5.00 price objective on Och-Ziff Capital Management Group and gave the company a hold rating in a research report on Saturday, October 1st. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of $4.13.

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

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

Och-Ziff Capital Management Group (NYSE:OZM) last released its quarterly earnings results on Wednesday, November 2nd. The company reported $0.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.06 by $0.04. The company had revenue of $138.80 million for the quarter, compared to analysts’ expectations of $135.10 million. During the same quarter in the previous year, the company posted $0.13 EPS. The business’s quarterly revenue was down 31.4% on a year-over-year basis. On average, analysts anticipate that Och-Ziff Capital Management Group will post ($0.29) earnings per share for the current fiscal year.

Large investors have recently modified their holdings of the stock. Harvest Management LLC bought a new stake in shares of Och-Ziff Capital Management Group during the second quarter worth $190,000. Alpine Partners VI LLC bought a new stake in shares of Och-Ziff Capital Management Group during the second quarter worth $160,000. Hsbc Holdings PLC increased its stake 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. Brown Advisory Inc. bought a new stake in shares of Och-Ziff Capital Management Group during the second quarter worth $228,000. Finally, JPMorgan Chase & Co. increased its stake in shares of 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 during 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

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.