Och-Ziff Capital Management Group LLC (NYSE:OZM) has received an average rating of “Hold” from the eight ratings firms that are currently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation and seven have assigned a hold recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $3.19.

A number of research firms recently issued reports on OZM. BidaskClub lowered Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Zacks Investment Research lowered Och-Ziff Capital Management Group from a “hold” rating to a “sell” rating in a report on Wednesday. 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. Finally, 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.

ILLEGAL ACTIVITY WARNING: This news story was first posted by American Banking News and is the property of of American Banking News. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and international trademark & copyright laws. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/10/11/och-ziff-capital-management-group-llc-ozm-receives-average-recommendation-of-hold-from-analysts-2.html.

Och-Ziff Capital Management Group (NYSE OZM) traded up 1.19% during trading on Wednesday, hitting $3.40. 34,371 shares of the stock were exchanged. Och-Ziff Capital Management Group has a one year low of $2.15 and a one year high of $3.87. The company has a market cap of $629.74 million, a price-to-earnings ratio of 28.33 and a beta of 1.23. The stock’s 50 day moving average is $3.06 and its 200-day moving average is $2.70.

Och-Ziff Capital Management Group (NYSE:OZM) last released its earnings results on Wednesday, August 2nd. The asset manager reported $0.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.02 by $0.08. The firm had revenue of $148.95 million for the quarter, compared to analyst estimates 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 period in the previous year, the company earned $0.06 earnings per share. On average, equities research analysts expect that Och-Ziff Capital Management Group will post $0.55 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in OZM. Jane Street Group LLC grew its holdings in Och-Ziff Capital Management Group by 292.1% during the first quarter. Jane Street Group LLC now owns 51,007 shares of the asset manager’s stock worth $115,000 after acquiring an additional 37,999 shares during the period. K.J. Harrison & Partners Inc acquired a new position in Och-Ziff Capital Management Group during the second quarter worth about $155,000. Marshall Wace North America L.P. acquired a new position in Och-Ziff Capital Management Group during the second quarter worth about $162,000. Nationwide Fund Advisors acquired a new position in Och-Ziff Capital Management Group during the second quarter worth about $193,000. Finally, Credit Suisse AG acquired a new position in Och-Ziff Capital Management Group during the first quarter worth about $226,000. 17.03% of the stock is currently owned by hedge funds and other 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.

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

Receive News & Ratings for Och-Ziff Capital Management Group LLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Och-Ziff Capital Management Group LLC and related companies with MarketBeat.com's FREE daily email newsletter.