Och-Ziff Capital Management Group LLC (NYSE:OZM) was downgraded by equities research analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Saturday.

Several other research analysts have also weighed in on OZM. BidaskClub lowered shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Zacks Investment Research lowered shares of Och-Ziff Capital Management Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 5th. Jefferies Group LLC increased their target price on shares of Och-Ziff Capital Management Group from $3.00 to $3.50 and gave the stock a “hold” rating in a research note on Wednesday, October 4th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $3.25 target price on shares of Och-Ziff Capital Management Group in a research note on Tuesday, September 5th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of $3.20.

Shares of Och-Ziff Capital Management Group (NYSE:OZM) opened at $3.32 on Friday. The company has a debt-to-equity ratio of -2.30, a current ratio of 1.56 and a quick ratio of 1.56. Och-Ziff Capital Management Group has a 1-year low of $2.15 and a 1-year high of $3.95. The stock has a market cap of $1,741.53, a PE ratio of 13.28 and a beta of 1.33.

Och-Ziff Capital Management Group (NYSE:OZM) last announced its earnings results on Thursday, November 2nd. The asset manager reported $0.07 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.03 by $0.04. The company had revenue of $125.26 million during the quarter, compared to analyst estimates of $101.92 million. Och-Ziff Capital Management Group had a net margin of 3.35% and a negative return on equity of 51.36%. Och-Ziff Capital Management Group’s revenue was down 9.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.05 earnings per share. research analysts expect that Och-Ziff Capital Management Group will post 0.24 EPS for the current fiscal year.

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Institutional investors and hedge funds have recently modified their holdings of the company. Jane Street Group LLC lifted its position in shares of Och-Ziff Capital Management Group by 292.1% during the first quarter. Jane Street Group LLC now owns 51,007 shares of the asset manager’s stock worth $115,000 after purchasing an additional 37,999 shares in the last quarter. K.J. Harrison & Partners Inc acquired a new stake in shares of Och-Ziff Capital Management Group during the second quarter worth about $155,000. Marshall Wace North America L.P. acquired a new stake in shares of Och-Ziff Capital Management Group during the second quarter worth about $162,000. Nationwide Fund Advisors acquired a new stake in shares of Och-Ziff Capital Management Group during the second quarter worth about $193,000. Finally, Credit Suisse AG acquired a new stake in shares of Och-Ziff Capital Management Group during the first quarter worth about $226,000. 16.95% of the stock is currently owned by institutional investors and hedge funds.

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.

Analyst Recommendations for Och-Ziff Capital Management Group (NYSE:OZM)

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