Oaktree Capital Group LLC (NYSE:OAK) major shareholder Oaktree Capital Management Lp bought 28,800 shares of the stock in a transaction that occurred on Wednesday, December 13th. The stock was bought at an average cost of $8.63 per share, for a total transaction of $248,544.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Oaktree Capital Group LLC (OAK) remained flat at $$41.70 during mid-day trading on Friday. The company had a trading volume of 287,983 shares, compared to its average volume of 224,619. The stock has a market capitalization of $6,520.00, a PE ratio of 10.01, a P/E/G ratio of 0.86 and a beta of 0.57. Oaktree Capital Group LLC has a twelve month low of $36.95 and a twelve month high of $48.50. The company has a debt-to-equity ratio of 2.37, a current ratio of 1.80 and a quick ratio of 1.80.

Oaktree Capital Group (NYSE:OAK) last posted its quarterly earnings results on Thursday, October 26th. The asset manager reported $0.67 EPS for the quarter, topping the consensus estimate of $0.56 by $0.11. The firm had revenue of $304.80 million for the quarter, compared to the consensus estimate of $281.61 million. Oaktree Capital Group had a net margin of 19.04% and a return on equity of 18.88%. The business’s revenue was down 16.5% compared to the same quarter last year. During the same period last year, the firm posted $0.92 earnings per share. analysts expect that Oaktree Capital Group LLC will post 3.86 earnings per share for the current fiscal year.

Hedge funds have recently bought and sold shares of the business. Bronfman E.L. Rothschild L.P. purchased a new position in shares of Oaktree Capital Group during the second quarter worth approximately $110,000. Stelac Advisory Services LLC bought a new position in shares of Oaktree Capital Group in the third quarter worth approximately $113,000. Penserra Capital Management LLC grew its holdings in shares of Oaktree Capital Group by 10.0% in the second quarter. Penserra Capital Management LLC now owns 2,471 shares of the asset manager’s stock worth $115,000 after purchasing an additional 224 shares during the last quarter. US Bancorp DE grew its holdings in shares of Oaktree Capital Group by 59.2% in the second quarter. US Bancorp DE now owns 3,025 shares of the asset manager’s stock worth $141,000 after purchasing an additional 1,125 shares during the last quarter. Finally, IFP Advisors Inc grew its holdings in shares of Oaktree Capital Group by 698.4% in the third quarter. IFP Advisors Inc now owns 3,545 shares of the asset manager’s stock worth $167,000 after purchasing an additional 3,101 shares during the last quarter. 22.60% of the stock is currently owned by hedge funds and other institutional investors.

OAK has been the topic of several research reports. TheStreet downgraded shares of Oaktree Capital Group from a “b-” rating to a “c+” rating in a research note on Friday, November 17th. Zacks Investment Research downgraded shares of Oaktree Capital Group from a “hold” rating to a “sell” rating in a research note on Thursday, November 9th. One analyst has rated the stock with a sell rating, four have given a hold rating and two have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $49.50.

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About Oaktree Capital Group

Oaktree Capital Group, LLC (Oaktree) is an investment manager specializing in alternative investments. The Company operates through investment management segment, which consists of the investment management services that the Company provides to its clients. The Company manages investments in a range of strategies within approximately six asset classes, which include corporate debt, convertible securities, distressed debt, control investing, real estate and listed equities.

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

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