Equities research analysts predict that Och-Ziff Capital Management Group LLC (NYSE:OZM) will report $404.66 million in sales for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Och-Ziff Capital Management Group’s earnings, with the highest sales estimate coming in at $450.21 million and the lowest estimate coming in at $359.10 million. Och-Ziff Capital Management Group reported sales of $281.26 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 43.9%. The business is expected to issue its next earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that Och-Ziff Capital Management Group will report full year sales of $404.66 million for the current year, with estimates ranging from $759.07 million to $850.18 million. For the next fiscal year, analysts forecast that the business will post sales of $695.78 million per share, with estimates ranging from $673.19 million to $718.37 million. Zacks’ sales averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Och-Ziff Capital Management Group.

Och-Ziff Capital Management Group (NYSE:OZM) last issued its quarterly earnings results on Thursday, November 2nd. The asset manager reported $0.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.04. Och-Ziff Capital Management Group had a net margin of 3.35% and a negative return on equity of 54.57%. The company had revenue of $125.26 million during the quarter, compared to analyst estimates of $101.92 million. During the same quarter last year, the business posted $0.05 EPS. Och-Ziff Capital Management Group’s quarterly revenue was down 9.8% compared to the same quarter last year.

Several brokerages have recently issued reports on OZM. Zacks Investment Research upgraded shares of Och-Ziff Capital Management Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. ValuEngine lowered shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. Jefferies Group raised their price target on shares of 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, Keefe, Bruyette & Woods restated a “hold” rating and set a $3.25 price target on shares of Och-Ziff Capital Management Group in a research note on Tuesday, September 5th. Seven research analysts have rated the stock with a hold rating, Och-Ziff Capital Management Group presently has an average rating of “Hold” and a consensus target price of $3.25.

A number of institutional investors have recently added to or reduced their stakes in OZM. SG Americas Securities LLC purchased a new position in Och-Ziff Capital Management Group in the 2nd quarter valued at approximately $5,120,000. Artemis Investment Management LLP grew its stake in Och-Ziff Capital Management Group by 69.0% in the 2nd quarter. Artemis Investment Management LLP now owns 2,740,000 shares of the asset manager’s stock valued at $7,001,000 after buying an additional 1,118,975 shares in the last quarter. Stonerise Capital Management LLC purchased a new position in Och-Ziff Capital Management Group in the 2nd quarter valued at approximately $2,474,000. Glacier Peak Capital LLC grew its stake in Och-Ziff Capital Management Group by 42.5% in the 2nd quarter. Glacier Peak Capital LLC now owns 2,039,388 shares of the asset manager’s stock valued at $5,221,000 after buying an additional 608,468 shares in the last quarter. Finally, California Public Employees Retirement System grew its stake in Och-Ziff Capital Management Group by 565.9% in the 2nd quarter. California Public Employees Retirement System now owns 606,000 shares of the asset manager’s stock valued at $1,551,000 after buying an additional 515,000 shares in the last quarter. Institutional investors and hedge funds own 17.15% of the company’s stock.

Shares of Och-Ziff Capital Management Group (OZM) opened at $2.84 on Friday. The company has a debt-to-equity ratio of -2.61, a quick ratio of 1.57 and a current ratio of 1.57. Och-Ziff Capital Management Group has a one year low of $2.15 and a one year high of $3.95. The stock has a market cap of $1,485.11, a P/E ratio of 11.32 and a beta of 1.23.

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 20th. Investors of record on Monday, November 13th were paid a $0.02 dividend. The ex-dividend date of this dividend was Friday, November 10th. This represents a $0.08 dividend on an annualized basis and a yield of 2.82%. Och-Ziff Capital Management Group’s dividend payout ratio is 100.01%.

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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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