Och-Ziff Capital Management Group LLC (NYSE:OZM) – Analysts at Jefferies Group issued their FY2019 earnings estimates for shares of Och-Ziff Capital Management Group in a note issued to investors on Friday. Jefferies Group analyst D. Fannon expects that the asset manager will earn $0.30 per share for the year. Jefferies Group has a “Hold” rating and a $3.50 price objective on the stock.

Och-Ziff Capital Management Group (NYSE:OZM) last released its quarterly earnings results on Wednesday, August 2nd. The asset manager reported $0.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate 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 business had revenue of $148.95 million for the quarter, compared to analyst estimates of $90.65 million. During the same quarter in the previous year, the business earned $0.06 earnings per share.

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Other research analysts also recently issued research reports about the company. BidaskClub raised Och-Ziff Capital Management Group from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $2.50 price objective on shares of Och-Ziff Capital Management Group in a report on Thursday, July 6th. Finally, Zacks Investment Research downgraded Och-Ziff Capital Management Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 5th. Eight investment analysts have rated the stock with a hold rating, The stock presently has a consensus rating of “Hold” and a consensus price target of $3.20.

A number of large investors have recently bought and sold shares of OZM. Jane Street Group LLC raised its position in shares of Och-Ziff Capital Management Group by 292.1% during 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 during the last quarter. K.J. Harrison & Partners Inc bought a new stake in shares of Och-Ziff Capital Management Group during the 2nd quarter valued at $155,000. Marshall Wace North America L.P. bought a new stake in shares of Och-Ziff Capital Management Group during the 2nd quarter valued at $162,000. Nationwide Fund Advisors bought a new stake in shares of Och-Ziff Capital Management Group during the 2nd quarter valued at $193,000. Finally, Credit Suisse AG bought a new stake in shares of Och-Ziff Capital Management Group during the 1st quarter valued at $226,000. 17.03% of the stock is currently owned by hedge funds and other institutional investors.

About Och-Ziff Capital Management Group

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.

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