Och-Ziff Capital Management Group LLC (NYSE:OZM) had its target price boosted by Jefferies Group LLC from $3.00 to $3.50 in a report published on Wednesday morning. They currently have a hold rating on the asset manager’s stock.

Several other research firms also recently commented on OZM. BidaskClub downgraded shares of Och-Ziff Capital Management Group from a buy rating to a hold rating in a research report on Monday, July 31st. Keefe, Bruyette & Woods restated a hold rating and issued a $3.25 price target on shares of Och-Ziff Capital Management Group in a research report on Tuesday, September 5th. Finally, Zacks Investment Research upgraded shares of Och-Ziff Capital Management Group from a hold rating to a strong-buy rating and set a $3.25 price target on the stock in a research report on Friday, July 14th. Eight research analysts have rated the stock with a hold rating, The stock presently has an average rating of Hold and a consensus price target of $3.20.

Och-Ziff Capital Management Group (NYSE OZM) traded down 1.89% during trading on Wednesday, reaching $3.63. 893,337 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $3.00 and its 200 day moving average price is $2.66. Och-Ziff Capital Management Group has a 52-week low of $2.15 and a 52-week high of $3.87. The firm’s market cap is $672.34 million.

Och-Ziff Capital Management Group (NYSE:OZM) last posted its quarterly earnings results on Wednesday, August 2nd. The asset manager reported $0.10 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.08. Och-Ziff Capital Management Group had a net margin of 4.46% and a negative return on equity of 55.73%. The company had revenue of $148.95 million for the quarter, compared to the consensus estimate of $90.65 million. During the same period last year, the company posted $0.06 EPS. Equities research analysts anticipate that Och-Ziff Capital Management Group will post $0.55 EPS for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the company. Jane Street Group LLC increased its stake in shares of Och-Ziff Capital Management Group by 292.1% in the 1st quarter. Jane Street Group LLC now owns 51,007 shares of the asset manager’s stock valued at $115,000 after acquiring an additional 37,999 shares in the last quarter. Marshall Wace North America L.P. bought a new stake in Och-Ziff Capital Management Group during the 2nd quarter valued at $162,000. K.J. Harrison & Partners Inc bought a new stake in Och-Ziff Capital Management Group during the 2nd quarter valued at $155,000. Nationwide Fund Advisors bought a new stake in Och-Ziff Capital Management Group during the 2nd quarter valued at $193,000. Finally, Credit Suisse AG bought a new stake in Och-Ziff Capital Management Group during the 1st quarter valued at $226,000. Institutional investors own 17.03% of the company’s stock.

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 real estate business.

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

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