Och-Ziff Capital Management Group LLC (NYSE:OZM) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 1,956,312 shares, an increase of 81.6% from the July 14th total of 1,077,322 shares. Based on an average daily volume of 655,979 shares, the short-interest ratio is presently 3.0 days. Currently, 1.3% of the company’s shares are short sold.

A number of large investors have recently made changes to their positions in OZM. Abrams Capital Management L.P. boosted its stake in shares of Och-Ziff Capital Management Group by 17.4% in the first quarter. Abrams Capital Management L.P. now owns 22,238,592 shares of the asset manager’s stock valued at $50,259,000 after buying an additional 3,288,600 shares during the last quarter. KCG Holdings Inc. purchased a new stake in shares of Och-Ziff Capital Management Group during the first quarter valued at $273,000. Renaissance Technologies LLC purchased a new stake in shares of Och-Ziff Capital Management Group during the first quarter valued at $365,000. UBS Group AG boosted its stake 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 during the last quarter. Finally, Sandia Holdings LLC boosted its stake 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 during the last quarter. 54.88% of the stock is owned by institutional investors and hedge funds.

Och-Ziff Capital Management Group (OZM) opened at 2.89 on Wednesday. Och-Ziff Capital Management Group has a 52 week low of $2.15 and a 52 week high of $4.78. The company’s market cap is $535.28 million. The company’s 50-day moving average is $2.93 and its 200-day moving average is $2.66.

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

The company also recently declared a quarterly dividend, which will be paid on Monday, August 21st. Shareholders of record on Monday, August 14th will be given a dividend of $0.02 per share. The ex-dividend date of this dividend is Thursday, August 10th. This represents a $0.08 annualized dividend and a yield of 2.77%. Och-Ziff Capital Management Group’s payout ratio is currently 80.00%.

A number of equities analysts have recently commented on the stock. BidaskClub lowered shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a report on Monday, July 31st. 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 report on Friday, July 14th. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $2.50 price target on shares of Och-Ziff Capital Management Group in a report on Thursday, July 6th. Jefferies Group LLC reiterated a “hold” rating and set a $2.50 price target on shares of Och-Ziff Capital Management Group in a report on Wednesday, June 28th. Finally, ValuEngine lowered shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Eight investment analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $3.46.

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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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