Och-Ziff Capital Management Group LLC Sets New 1-Year High at $12.15 (OZM)
Och-Ziff Capital Management Group LLC (NYSE:OZM) set a new 52-week high during mid-day trading on Friday, ARN reports. The stock traded as high as $12.15 and last traded at $11.93, with a volume of 732,342 shares. The stock had previously closed at $11.57.
Separately, analysts at Keefe, Bruyette & Woods raised their price target on shares of Och-Ziff Capital Management Group LLC (NYSE:OZM) from $11.25 to $12.00 in a research note to investors on Monday, August 5th. Three investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $13.12.
Och-Ziff Capital Management Group LLC has a 52 week low of $8.55 and a 52 week high of $11.98. The stock’s 50-day moving average is $10.96 and its 200-day moving average is $10.70. The company’s market cap is $1.785 billion.
Och-Ziff Capital Management Group LLC (NYSE:OZM) last issued its quarterly earnings data on Friday, August 2nd. The company reported $0.16 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.14 by $0.02. The company had revenue of $207.84 million for the quarter, compared to the consensus estimate of $141.60 million. During the same quarter last year, the company posted $0.15 earnings per share. Och-Ziff Capital Management Group LLC’s revenue was up 16.5% compared to the same quarter last year. Analysts expect that Och-Ziff Capital Management Group LLC will post $1.32 EPS for the current fiscal year.
Och-Ziff Capital Management Group LLC (NYSE:OZM) is an independent alternative asset manager with a diversified institutional investor base.
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