Wall Street analysts expect that Och-Ziff Capital Management Group LLC (NYSE:OZM) will report sales of $387.92 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued 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 $325.63 million. Och-Ziff Capital Management Group reported sales of $281.26 million in the same quarter last year, which suggests a positive year over year growth rate of 37.9%. The business is scheduled to report its next quarterly earnings results on Wednesday, February 21st.

According to Zacks, analysts expect that Och-Ziff Capital Management Group will report full year sales of $387.92 million for the current year, with estimates ranging from $725.61 million to $850.18 million. For the next financial year, analysts expect that the business will post sales of $685.41 million per share, with estimates ranging from $652.44 million to $718.37 million. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that follow Och-Ziff Capital Management Group.

Och-Ziff Capital Management Group (NYSE:OZM) last announced its quarterly earnings data on Thursday, November 2nd. The asset manager reported $0.07 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $101.92 million. During the same period in the previous year, the company earned $0.05 EPS. The business’s quarterly revenue was down 9.8% compared to the same quarter last year.

Several analysts have recently issued reports on the stock. Zacks Investment Research cut shares of Och-Ziff Capital Management Group from a “hold” rating to a “sell” rating in a research note on Thursday. ValuEngine cut shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. Finally, Jefferies Group boosted their price objective on shares of Och-Ziff Capital Management Group from $3.00 to $3.50 and gave the company a “hold” rating in a research note on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating and six have given a hold rating to the company. The company presently has an average rating of “Hold” and an average target price of $3.13.

In related news, CAO Erez Elisha sold 47,699 shares of the company’s stock in a transaction on Saturday, December 29th. The shares were sold at an average price of $2.51, for a total transaction of $119,724.49. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 60.25% of the stock is currently owned by corporate insiders.

A number of institutional investors have recently made changes to their positions in the stock. GSA Capital Partners LLP purchased a new stake in Och-Ziff Capital Management Group during the 3rd quarter worth $737,000. Continental Advisors LLC lifted its holdings in Och-Ziff Capital Management Group by 1.9% in the 3rd quarter. Continental Advisors LLC now owns 2,147,593 shares of the asset manager’s stock worth $6,915,000 after buying an additional 40,000 shares in the last quarter. Hotchkis & Wiley Capital Management LLC lifted its holdings in Och-Ziff Capital Management Group by 91.9% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 60,283 shares of the asset manager’s stock worth $194,000 after buying an additional 28,873 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in Och-Ziff Capital Management Group by 437.2% in the 3rd quarter. Wells Fargo & Company MN now owns 247,235 shares of the asset manager’s stock worth $796,000 after buying an additional 201,215 shares in the last quarter. Finally, Advisor Group Inc. acquired a new position in Och-Ziff Capital Management Group in the 3rd quarter worth $258,000. 17.14% of the stock is owned by hedge funds and other institutional investors.

Shares of Och-Ziff Capital Management Group (NYSE OZM) traded down $0.04 during midday trading on Friday, hitting $2.72. 383,736 shares of the stock traded hands, compared to its average volume of 998,733. 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 $1,427.39, a PE ratio of 10.88 and a beta of 1.23. The company has a debt-to-equity ratio of -2.61, a current ratio of 1.57 and a quick ratio of 1.57.

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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.

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