Och-Ziff Capital Management Group LLC (NYSE:OZM) has received an average recommendation of “Hold” from the seven research firms that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. The average 1-year price objective among analysts that have updated their coverage on the stock in the last year is $3.25.
Several analysts have issued reports on the company. Zacks Investment Research cut Och-Ziff Capital Management Group from a “hold” rating to a “sell” rating in a research report on Thursday, January 11th. ValuEngine cut Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research report on Sunday, December 31st. Finally, Jefferies Group raised 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 report on Wednesday, October 4th.
Shares of Och-Ziff Capital Management Group (OZM) traded up $0.03 during midday trading on Friday, reaching $2.69. The company’s stock had a trading volume of 315,977 shares, compared to its average volume of 439,471. The company has a debt-to-equity ratio of -2.61, a current ratio of 1.57 and a quick ratio of 1.57. The company has a market cap of $1,370.00, a PE ratio of 33.63 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.
In other news, CAO Erez Elisha sold 47,699 shares of the firm’s stock in a transaction on Saturday, December 29th. The stock was sold at an average price of $2.51, for a total value of $119,724.49. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 60.25% of the stock is owned by company insiders.
Several institutional investors have recently bought and sold shares of the company. Searle & CO. boosted its position 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 in the last quarter. GSA Capital Partners LLP acquired a new stake in shares of Och-Ziff Capital Management Group in the 3rd quarter worth $737,000. Continental Advisors LLC raised its stake 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 acquiring an additional 40,000 shares during the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake 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 acquiring an additional 28,873 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake 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 acquiring an additional 201,215 shares during the last quarter. 17.14% of the stock is owned by hedge funds and other institutional investors.
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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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