Och-Ziff Capital Management Group LLC Reaches New 12-Month High at $12.82 (OZM)
Och-Ziff Capital Management Group LLC (NYSE:OZM)’s share price reached a new 52-week high during trading hours on Tuesday, AnalystRatings.NET reports. The company traded as high as $12.82 and last traded at $12.65, with a volume of 828,283 shares traded. The stock had previously closed at $12.15.
OZM has been the subject of a number of recent research reports. Analysts at Keefe, Bruyette & Woods raised their price target on shares of Och-Ziff Capital Management Group LLC to $12.00 in a research note to investors on Monday, October 14th. They now have a “market perform” rating on the stock. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $13.12.
Och-Ziff Capital Management Group LLC has a 1-year low of $7.78 and a 1-year high of $11.98. The stock’s 50-day moving average is $10.99 and its 200-day moving average is $10.5. The company’s market cap is $1.901 billion.
Och-Ziff Capital Management Group LLC (NYSE:OZM) last announced its earnings results on Friday, August 2nd. The company reported $0.16 EPS for the quarter, beating the Thomson Reuters 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 in the previous year, the company posted $0.15 earnings per share. The company’s revenue for the quarter was up 16.5% on a year-over-year basis. Analysts expect that Och-Ziff Capital Management Group LLC will post $1.34 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.