Och-Ziff Capital Management Group LLC (OZM) Given Consensus Recommendation of “Hold” by Brokerages

Och-Ziff Capital Management Group LLC (NYSE:OZM) has been assigned an average recommendation of “Hold” from the seven analysts that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and six have issued a hold recommendation on the company. The average 12 month price target among brokers that have covered the stock in the last year is $3.25.

A number of analysts have recently issued reports on OZM shares. Jefferies Group raised their price target on shares of Och-Ziff Capital Management Group from $3.00 to $3.50 and gave the company a “hold” rating in a report on Wednesday, October 4th. Zacks Investment Research downgraded shares of Och-Ziff Capital Management Group from a “hold” rating to a “sell” rating in a report on Wednesday, October 11th. Finally, ValuEngine downgraded shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a report on Sunday, December 31st.

In other news, CAO Erez Elisha sold 47,699 shares of the stock in a transaction that occurred on Saturday, December 29th. The shares were sold at an average price of $2.51, for a total value of $119,724.49. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 60.25% of the stock is owned by corporate insiders.

Several large investors have recently modified their holdings of the company. Searle & CO. lifted its stake in shares of Och-Ziff Capital Management Group by 27.1% in the 4th quarter. Searle & CO. now owns 131,200 shares of the asset manager’s stock worth $328,000 after purchasing an additional 28,000 shares during the period. GSA Capital Partners LLP bought a new stake in Och-Ziff Capital Management Group during the 3rd quarter worth approximately $737,000. Continental Advisors LLC raised its stake in Och-Ziff Capital Management Group by 1.9% during the 3rd quarter. Continental Advisors LLC now owns 2,147,593 shares of the asset manager’s stock worth $6,915,000 after acquiring an additional 40,000 shares during the period. Hotchkis & Wiley Capital Management LLC raised its stake in Och-Ziff Capital Management Group by 91.9% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 60,283 shares of the asset manager’s stock worth $194,000 after acquiring an additional 28,873 shares during the period. Finally, Wells Fargo & Company MN raised its stake in Och-Ziff Capital Management Group by 437.2% during the 3rd quarter. Wells Fargo & Company MN now owns 247,235 shares of the asset manager’s stock worth $796,000 after acquiring an additional 201,215 shares during the period. Hedge funds and other institutional investors own 17.14% of the company’s stock.

Shares of Och-Ziff Capital Management Group (NYSE OZM) opened at $2.62 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. The stock has a market cap of $1,338.18, a PE ratio of 32.75 and a beta of 1.23. Och-Ziff Capital Management Group has a 1-year low of $2.15 and a 1-year high of $3.95.

Och-Ziff Capital Management Group (NYSE:OZM) last announced its quarterly earnings results on Thursday, November 2nd. The asset manager reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.04. The firm had revenue of $125.26 million for the quarter, compared to the consensus estimate of $101.92 million. Och-Ziff Capital Management Group had a net margin of 3.35% and a negative return on equity of 54.57%. The business’s quarterly revenue was down 9.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.05 EPS. sell-side analysts forecast that Och-Ziff Capital Management Group will post 0.21 earnings per share for the current year.

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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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