Och-Ziff Capital Management Group LLC (NYSE:OZM) has been given an average rating of “Hold” by the eight brokerages that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating and seven have given a hold rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $3.19.

A number of research analysts recently commented on OZM shares. BidaskClub raised Och-Ziff Capital Management Group from a “hold” rating to a “buy” rating in a report on Wednesday, July 12th. Zacks Investment Research raised 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 reaffirmed a “hold” rating and issued a $3.25 price objective on shares of Och-Ziff Capital Management Group in a research note on Tuesday, September 5th. Jefferies Group LLC lifted their price objective on Och-Ziff Capital Management Group from $3.00 to $3.50 and gave the stock a “hold” rating in a research note on Wednesday, October 4th. Finally, ValuEngine downgraded Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research note on Saturday.

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Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Telemus Capital LLC increased its position in shares of Och-Ziff Capital Management Group by 12.0% during the 3rd quarter. Telemus Capital LLC now owns 605,000 shares of the asset manager’s stock valued at $1,948,000 after purchasing an additional 65,000 shares during the last quarter. Artemis Investment Management LLP increased its position in shares of Och-Ziff Capital Management Group by 18.2% during the 3rd quarter. Artemis Investment Management LLP now owns 3,240,000 shares of the asset manager’s stock valued at $10,384,000 after purchasing an additional 500,000 shares during the last quarter. Sterneck Capital Management LLC increased its position in shares of Och-Ziff Capital Management Group by 3.2% during the 2nd quarter. Sterneck Capital Management LLC now owns 417,995 shares of the asset manager’s stock valued at $1,070,000 after purchasing an additional 13,117 shares during the last quarter. Odey Asset Management Group Ltd increased its position in shares of 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 valued at $18,461,000 after purchasing an additional 91,000 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its position in shares of Och-Ziff Capital Management Group by 1.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 965,999 shares of the asset manager’s stock valued at $2,473,000 after purchasing an additional 15,557 shares during the last quarter. 16.95% of the stock is currently owned by hedge funds and other institutional investors.

Och-Ziff Capital Management Group (OZM) opened at $3.32 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.56 and a debt-to-equity ratio of -2.30. Och-Ziff Capital Management Group has a twelve month low of $2.15 and a twelve month high of $3.95. The company has a market capitalization of $1,741.53, a P/E ratio of 13.28 and a beta of 1.33.

Och-Ziff Capital Management Group (NYSE:OZM) last posted its quarterly earnings results on Thursday, November 2nd. The asset manager reported $0.07 EPS for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.04. Och-Ziff Capital Management Group had a negative return on equity of 51.36% and a net margin of 3.35%. The company had revenue of $125.26 million for the quarter, compared to analysts’ expectations of $101.92 million. During the same period in the previous year, the firm earned $0.05 EPS. The firm’s revenue was down 9.8% compared to the same quarter last year. analysts anticipate that Och-Ziff Capital Management Group will post 0.24 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, November 20th. Stockholders of record on Monday, November 13th will be given a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a dividend yield of 2.41%. The ex-dividend date of this dividend is Friday, November 10th. Och-Ziff Capital Management Group’s dividend payout ratio is currently 100.01%.

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)

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