Artemis Investment Management LLP increased its stake in Och-Ziff Capital Management Group LLC (NYSE:OZM) by 18.2% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,240,000 shares of the asset manager’s stock after buying an additional 500,000 shares during the period. Artemis Investment Management LLP owned 1.75% of Och-Ziff Capital Management Group worth $10,384,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE grew its stake in shares of Och-Ziff Capital Management Group by 10.3% in the 1st quarter. Bank of America Corp DE now owns 3,785,923 shares of the asset manager’s stock worth $8,556,000 after buying an additional 353,276 shares during the last quarter. Quinn Opportunity Partners LLC lifted its position in Och-Ziff Capital Management Group by 22.1% in the 2nd quarter. Quinn Opportunity Partners LLC now owns 1,335,088 shares of the asset manager’s stock valued at $3,418,000 after acquiring an additional 241,500 shares in the last quarter. Odey Asset Management Group Ltd lifted its position in Och-Ziff Capital Management Group by 1.3% in 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 acquiring an additional 91,000 shares in the last quarter. Searle & CO. lifted its position in Och-Ziff Capital Management Group by 65.9% in the 2nd quarter. Searle & CO. now owns 100,700 shares of the asset manager’s stock valued at $258,000 after acquiring an additional 40,000 shares in the last quarter. Finally, Telemus Capital LLC lifted its position in Och-Ziff Capital Management Group by 72.5% in the 2nd quarter. Telemus Capital LLC now owns 540,000 shares of the asset manager’s stock valued at $1,382,000 after acquiring an additional 227,000 shares in the last quarter. Institutional investors own 16.95% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: “Artemis Investment Management LLP Buys 500,000 Shares of Och-Ziff Capital Management Group LLC (OZM)” was originally published by Watch List News and is the property of of Watch List News. If you are viewing this piece on another publication, it was copied illegally and republished in violation of US and international trademark & copyright legislation. The original version of this piece can be read at https://www.watchlistnews.com/artemis-investment-management-llp-buys-500000-shares-of-och-ziff-capital-management-group-llc-ozm/1675792.html.

Several equities analysts recently issued reports on the company. BidaskClub cut Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Zacks Investment Research cut Och-Ziff Capital Management Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 5th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $2.50 price objective on shares of Och-Ziff Capital Management Group in a research report on Thursday, July 6th. Finally, Jefferies Group LLC upped their price objective on Och-Ziff Capital Management Group from $3.00 to $3.50 and gave the company a “hold” rating in a research report on Wednesday, October 4th. One equities research analyst has rated the stock with a sell rating and seven have assigned a hold rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $3.20.

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 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 analyst estimates of $101.92 million. Och-Ziff Capital Management Group had a net margin of 4.46% and a negative return on equity of 55.73%. The business’s quarterly revenue was down 9.8% compared to the same quarter last year. During the same period in the previous year, the company earned $0.05 earnings per share.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, November 20th. Stockholders of record on Monday, November 13th will be issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date of this dividend is Friday, November 10th. Och-Ziff Capital Management Group’s dividend payout ratio (DPR) is presently 80.00%.

Och-Ziff Capital Management Group 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.

Want to see what other hedge funds are holding OZM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Och-Ziff Capital Management Group LLC (NYSE:OZM).

Institutional Ownership by Quarter for Och-Ziff Capital Management Group (NYSE:OZM)

Receive News & Ratings for Och-Ziff Capital Management Group LLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Och-Ziff Capital Management Group LLC and related companies with Analyst Ratings Network's FREE daily email newsletter.