Oaktree Capital Group LLC Unit (NYSE:OAK) major shareholder Oaktree Capital Group Holdings acquired 27,300 shares of the stock in a transaction dated Wednesday, June 12th. The stock was acquired at an average cost of $4.67 per share, for a total transaction of $127,491.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.

Oaktree Capital Group Holdings also recently made the following trade(s):

  • On Wednesday, June 5th, Oaktree Capital Group Holdings acquired 500,000 shares of Oaktree Capital Group LLC Unit stock. The stock was acquired at an average cost of $4.70 per share, for a total transaction of $2,350,000.00.
  • On Monday, June 3rd, Oaktree Capital Group Holdings acquired 76,800 shares of Oaktree Capital Group LLC Unit stock. The stock was acquired at an average cost of $4.62 per share, for a total transaction of $354,816.00.
  • On Thursday, May 30th, Oaktree Capital Group Holdings acquired 32,509 shares of Oaktree Capital Group LLC Unit stock. The stock was acquired at an average cost of $4.62 per share, for a total transaction of $150,191.58.
  • On Tuesday, April 2nd, Oaktree Capital Group Holdings bought 32,516 shares of Oaktree Capital Group LLC Unit stock. The stock was purchased at an average price of $4.69 per share, with a total value of $152,500.04.
  • On Friday, March 29th, Oaktree Capital Group Holdings bought 77,065 shares of Oaktree Capital Group LLC Unit stock. The stock was purchased at an average price of $4.57 per share, with a total value of $352,187.05.
  • On Wednesday, March 27th, Oaktree Capital Group Holdings bought 38,357 shares of Oaktree Capital Group LLC Unit stock. The stock was purchased at an average price of $4.45 per share, with a total value of $170,688.65.

Shares of OAK stock traded down $0.10 during trading on Friday, hitting $49.05. 504,797 shares of the company were exchanged, compared to its average volume of 1,083,610. The company has a debt-to-equity ratio of 2.84, a quick ratio of 2.20 and a current ratio of 2.20. The stock has a market cap of $7.85 billion, a P/E ratio of 18.65, a P/E/G ratio of 2.22 and a beta of 0.54. Oaktree Capital Group LLC Unit has a twelve month low of $38.65 and a twelve month high of $50.76.

Oaktree Capital Group LLC Unit (NYSE:OAK) last posted its quarterly earnings results on Thursday, April 25th. The asset manager reported $1.46 EPS for the quarter, topping the consensus estimate of $1.28 by $0.18. The business had revenue of $266.42 million during the quarter, compared to analysts’ expectations of $522.21 million. Oaktree Capital Group LLC Unit had a net margin of 17.09% and a return on equity of 18.49%. The firm’s quarterly revenue was down 21.0% compared to the same quarter last year. During the same period last year, the company posted $0.93 earnings per share. Sell-side analysts predict that Oaktree Capital Group LLC Unit will post 3.46 EPS for the current year.

Several hedge funds have recently bought and sold shares of the stock. Adirondack Research & Management Inc. boosted its holdings in shares of Oaktree Capital Group LLC Unit by 6.9% during the first quarter. Adirondack Research & Management Inc. now owns 61,803 shares of the asset manager’s stock worth $3,069,000 after purchasing an additional 4,000 shares during the period. Lombard Odier Asset Management USA Corp bought a new position in shares of Oaktree Capital Group LLC Unit in the first quarter valued at approximately $7,448,000. Jane Street Group LLC raised its position in shares of Oaktree Capital Group LLC Unit by 25.2% in the first quarter. Jane Street Group LLC now owns 11,772 shares of the asset manager’s stock valued at $584,000 after purchasing an additional 2,366 shares during the period. Morgan Stanley raised its position in shares of Oaktree Capital Group LLC Unit by 62.5% in the first quarter. Morgan Stanley now owns 2,191,945 shares of the asset manager’s stock valued at $108,830,000 after purchasing an additional 842,900 shares during the period. Finally, Goldman Sachs Group Inc. raised its position in shares of Oaktree Capital Group LLC Unit by 2,922.9% in the first quarter. Goldman Sachs Group Inc. now owns 3,546,723 shares of the asset manager’s stock valued at $176,095,000 after purchasing an additional 3,429,395 shares during the period. Institutional investors and hedge funds own 32.42% of the company’s stock.

Several brokerages have commented on OAK. ValuEngine cut shares of Oaktree Capital Group LLC Unit from a “buy” rating to a “hold” rating in a report on Friday, April 5th. Wells Fargo & Co raised their target price on shares of Oaktree Capital Group LLC Unit from $44.00 to $49.00 and gave the stock a “market perform” rating in a report on Thursday, March 14th. Morgan Stanley cut shares of Oaktree Capital Group LLC Unit from an “overweight” rating to an “equal weight” rating in a report on Thursday, March 14th. Finally, Zacks Investment Research upgraded shares of Oaktree Capital Group LLC Unit from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a report on Thursday, March 7th. Seven investment analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Oaktree Capital Group LLC Unit currently has an average rating of “Hold” and a consensus price target of $46.50.

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About Oaktree Capital Group LLC Unit

Oaktree Capital Group, LLC operates as a global investment management firm that focuses on alternative markets. It manage investments in a number of strategies within six asset classes, including distressed debt; corporate debt, including high yield debt and senior loans; control investing; convertible securities; real estate; and listed equities.

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Insider Buying and Selling by Quarter for Oaktree Capital Group LLC Unit (NYSE:OAK)

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