Equities research analysts expect Och-Ziff Capital Management Group LLC (NYSE:OZM) to post $90.70 million in sales for the current quarter, according to Zacks. Two analysts have provided estimates for Och-Ziff Capital Management Group’s earnings, with the highest sales estimate coming in at $95.84 million and the lowest estimate coming in at $85.56 million. Och-Ziff Capital Management Group posted sales of $148.11 million in the same quarter last year, which would indicate a negative year-over-year growth rate of 38.8%. The business is expected to report its next quarterly earnings report on Wednesday, November 1st.

On average, analysts expect that Och-Ziff Capital Management Group will report full-year sales of $90.70 million for the current year, with estimates ranging from $741.53 million to $890.86 million. For the next fiscal year, analysts expect that the firm will post sales of $688.79 million per share, with estimates ranging from $651.59 million to $725.98 million. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that follow Och-Ziff Capital Management Group.

Och-Ziff Capital Management Group (NYSE:OZM) last released its earnings results on Wednesday, August 2nd. The asset manager reported $0.10 EPS for the quarter, topping analysts’ consensus estimates 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 previous year, the company earned $0.06 earnings per share.

A number of equities analysts have recently issued reports on OZM shares. ValuEngine downgraded shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Jefferies Group LLC reiterated a “hold” rating and issued a $3.00 price target on shares of Och-Ziff Capital Management Group in a report on Tuesday, May 2nd. 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 for the company in a report on Friday, July 14th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $2.50 price target on shares of Och-Ziff Capital Management Group in a report on Thursday, July 6th. Finally, BidaskClub upgraded shares of Och-Ziff Capital Management Group from a “sell” rating to a “hold” rating in a report on Thursday, July 6th. Eight research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Och-Ziff Capital Management Group has a consensus rating of “Hold” and an average price target of $3.46.

Institutional investors have recently bought and sold shares of the stock. Sterneck Capital Management LLC increased its position in Och-Ziff Capital Management Group by 3.2% in the second quarter. Sterneck Capital Management LLC now owns 417,995 shares of the asset manager’s stock valued at $1,070,000 after buying an additional 13,117 shares during the period. Goldman Sachs Group Inc. increased its position in Och-Ziff Capital Management Group by 1.6% in the second quarter. Goldman Sachs Group Inc. now owns 965,999 shares of the asset manager’s stock valued at $2,473,000 after buying an additional 15,557 shares during the period. Stifel Financial Corp increased its position in 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 during the period. Jane Street Group LLC increased its position in Och-Ziff Capital Management Group by 292.1% in the first quarter. Jane Street Group LLC now owns 51,007 shares of the asset manager’s stock valued at $115,000 after buying an additional 37,999 shares during the period. Finally, Searle & CO. increased its position in Och-Ziff Capital Management Group by 65.9% in the second quarter. Searle & CO. now owns 100,700 shares of the asset manager’s stock valued at $258,000 after buying an additional 40,000 shares during the period. Hedge funds and other institutional investors own 54.88% of the company’s stock.

Shares of Och-Ziff Capital Management Group (NYSE OZM) opened at 2.95 on Friday. The stock’s 50 day moving average is $2.96 and its 200-day moving average is $2.67. Och-Ziff Capital Management Group has a 1-year low of $2.15 and a 1-year high of $4.78. The stock’s market cap is $546.39 million.

The firm also recently announced a quarterly dividend, which will be paid on Monday, August 21st. Shareholders of record on Monday, August 14th will be issued 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 2.71%. Och-Ziff Capital Management Group’s dividend payout ratio (DPR) is currently 80.00%.

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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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