Och-Ziff Capital Management Group LLC (NYSE:OZM) has earned a consensus recommendation of “Hold” from the ten research firms that are presently covering the stock, MarketBeat reports. Eight analysts have rated the stock with a hold recommendation, one has assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $3.57.

A number of brokerages recently commented on OZM. BidaskClub downgraded Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $2.50 target price on shares of Och-Ziff Capital Management Group in a report on Thursday, July 6th. Jefferies Group LLC reaffirmed a “hold” rating and set a $2.50 target price on shares of Och-Ziff Capital Management Group in a report on Wednesday, June 28th. Zacks Investment Research raised Och-Ziff Capital Management Group from a “hold” rating to a “strong-buy” rating and set a $3.25 target price on the stock in a report on Friday, July 14th. Finally, ValuEngine downgraded Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a report on Friday, June 2nd.

A number of large investors have recently added to or reduced their stakes in the business. Abrams Capital Management L.P. lifted its holdings in Och-Ziff Capital Management Group by 17.4% during the 1st quarter. Abrams Capital Management L.P. now owns 22,238,592 shares of the asset manager’s stock worth $50,259,000 after buying an additional 3,288,600 shares during the last quarter. Odey Asset Management Group Ltd lifted its holdings in Och-Ziff Capital Management Group by 1.3% during the 2nd quarter. Odey Asset Management Group Ltd now owns 7,211,519 shares of the asset manager’s stock worth $18,461,000 after buying an additional 91,000 shares during the last quarter. Bank of America Corp DE lifted its holdings in Och-Ziff Capital Management Group by 10.3% during the 1st quarter. Bank of America Corp DE now owns 3,785,923 shares of the asset manager’s stock worth $8,556,000 after buying an additional 353,276 shares during the last quarter. Sandia Holdings LLC lifted its holdings in Och-Ziff Capital Management Group by 10.1% during the 1st quarter. Sandia Holdings LLC now owns 3,719,396 shares of the asset manager’s stock worth $8,406,000 after buying an additional 342,249 shares during the last quarter. Finally, Artemis Investment Management LLP lifted its holdings in Och-Ziff Capital Management Group by 69.0% during the 2nd quarter. Artemis Investment Management LLP now owns 2,740,000 shares of the asset manager’s stock worth $7,001,000 after buying an additional 1,118,975 shares during the last quarter. 48.23% of the stock is currently owned by institutional investors.

Och-Ziff Capital Management Group (OZM) traded down 0.35% on Friday, reaching $2.88. The company’s stock had a trading volume of 203,932 shares. The firm’s 50 day moving average price is $2.93 and its 200-day moving average price is $2.61. The company’s market capitalization is $533.43 million. Och-Ziff Capital Management Group has a 52 week low of $2.15 and a 52 week high of $4.78.

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

The company also recently announced a quarterly dividend, which was paid on Monday, August 21st. Shareholders of record on Monday, August 14th were issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 2.78%. The ex-dividend date was Thursday, August 10th. Och-Ziff Capital Management Group’s dividend payout ratio is presently 80.00%.

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About Och-Ziff Capital Management Group

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.

Analyst Recommendations for Och-Ziff Capital Management Group (NYSE:OZM)

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