Wall Street analysts expect Och-Ziff Capital Management Group LLC (NYSE:OZM) to report $90.65 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Och-Ziff Capital Management Group’s earnings. The lowest sales estimate is $90.26 million and the highest is $91.04 million. Och-Ziff Capital Management Group reported sales of $152.56 million during the same quarter last year, which indicates a negative year-over-year growth rate of 40.6%. The firm is expected to issue its next earnings results on Tuesday, August 1st.

According to Zacks, analysts expect that Och-Ziff Capital Management Group will report full year sales of $90.65 million for the current year, with estimates ranging from $667.27 million to $696.58 million. For the next financial year, analysts anticipate that the company will report sales of $658.51 million per share, with estimates ranging from $640.03 million to $676.99 million. Zacks Investment Research’s sales averages are a mean average based on a survey of analysts that that provide coverage for Och-Ziff Capital Management Group.

Och-Ziff Capital Management Group (NYSE:OZM) last posted its quarterly earnings data on Tuesday, May 2nd. The asset manager reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.05. The firm had revenue of $133.21 million during the quarter, compared to the consensus estimate of $104.31 million. Och-Ziff Capital Management Group had a negative net margin of 8.27% and a negative return on equity of 41.72%. The business’s revenue for the quarter was down 24.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.11 EPS.

Several equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $2.50 target price on shares of Och-Ziff Capital Management Group in a research note on Thursday. BidaskClub upgraded shares of Och-Ziff Capital Management Group from a “sell” rating to a “hold” rating in a research note on Thursday. Jefferies Group LLC reiterated a “hold” rating and issued a $2.50 target price on shares of Och-Ziff Capital Management Group in a research note on Wednesday, June 28th. Finally, ValuEngine downgraded shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Nine analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $3.72.

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Och-Ziff Capital Management Group (OZM) traded up 0.70% during mid-day trading on Friday, reaching $2.88. 336,909 shares of the company’s stock were exchanged. The stock’s market cap is $533.17 million. The company has a 50-day moving average of $2.40 and a 200-day moving average of $2.71. Och-Ziff Capital Management Group has a 52-week low of $2.15 and a 52-week high of $4.78.

A number of institutional investors have recently modified their holdings of the stock. KCG Holdings Inc. purchased a new position in shares of Och-Ziff Capital Management Group during the first quarter valued at approximately $273,000. Renaissance Technologies LLC purchased a new position in shares of Och-Ziff Capital Management Group during the first quarter valued at approximately $365,000. UBS Group AG boosted its position in shares of Och-Ziff Capital Management Group by 16.6% in the first quarter. UBS Group AG now owns 1,551,500 shares of the asset manager’s stock valued at $3,507,000 after buying an additional 220,660 shares in the last quarter. Sandia Holdings LLC boosted its position in shares of Och-Ziff Capital Management Group by 10.1% in the first quarter. Sandia Holdings LLC now owns 3,719,396 shares of the asset manager’s stock valued at $8,406,000 after buying an additional 342,249 shares in the last quarter. Finally, Stifel Financial Corp boosted its position in shares of Och-Ziff Capital Management Group by 8.2% in the first quarter. Stifel Financial Corp now owns 322,677 shares of the asset manager’s stock valued at $736,000 after buying an additional 24,540 shares in the last quarter. 53.38% of the stock is owned by institutional investors.

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.

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