Och-Ziff Capital Management Group LLC (NYSE:OZM) was the target of a large growth in short interest in the month of July. As of July 31st, there was short interest totalling 1,956,312 shares, a growth of 81.6% from the July 14th total of 1,077,322 shares. Based on an average daily trading volume, of 655,979 shares, the short-interest ratio is presently 3.0 days. Approximately 1.3% of the company’s shares are sold short.

Several equities research analysts have recently commented on OZM shares. BidaskClub cut shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Zacks Investment Research raised shares of Och-Ziff Capital Management Group from a “hold” rating to a “strong-buy” rating and set a $3.25 target price for the company in a research report on Friday, July 14th. Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $2.50 target price on shares of Och-Ziff Capital Management Group in a research report on Thursday, July 6th. Jefferies Group LLC reaffirmed a “hold” rating and issued a $2.50 target price on shares of Och-Ziff Capital Management Group in a research report on Wednesday, June 28th. Finally, ValuEngine cut shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Eight equities research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $3.46.

Several hedge funds have recently modified their holdings of OZM. FMR LLC acquired a new stake in Och-Ziff Capital Management Group during the fourth quarter worth $826,000. Usca Ria LLC acquired a new stake in Och-Ziff Capital Management Group during the first quarter worth $134,000. Searle & CO. acquired a new stake in Och-Ziff Capital Management Group during the first quarter worth $137,000. Gamco Investors INC. ET AL raised its stake in Och-Ziff Capital Management Group by 337.4% in the first quarter. Gamco Investors INC. ET AL now owns 99,300 shares of the asset manager’s stock worth $224,000 after buying an additional 76,600 shares during the period. Finally, Gabelli Funds LLC raised its stake in Och-Ziff Capital Management Group by 17.3% in the first quarter. Gabelli Funds LLC now owns 1,426,687 shares of the asset manager’s stock worth $3,224,000 after buying an additional 210,687 shares during the period. 54.88% of the stock is owned by hedge funds and other institutional investors.

Shares of Och-Ziff Capital Management Group (OZM) opened at 2.89 on Wednesday. Och-Ziff Capital Management Group has a 52-week low of $2.15 and a 52-week high of $4.78. The stock has a 50 day moving average of $2.93 and a 200 day moving average of $2.66. The stock’s market capitalization is $535.28 million.

Och-Ziff Capital Management Group (NYSE:OZM) last issued its earnings results on Wednesday, August 2nd. The asset manager reported $0.10 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.08. The firm had revenue of $148.95 million during the quarter, compared to analyst estimates of $90.65 million. Och-Ziff Capital Management Group had a net margin of 4.46% and a negative return on equity of 55.73%. During the same period in the previous year, the firm earned $0.06 earnings per share. Analysts forecast that Och-Ziff Capital Management Group will post $0.55 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Monday, August 21st. Stockholders of record on Monday, August 14th will be paid a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date is Thursday, August 10th. Och-Ziff Capital Management Group’s dividend payout ratio is currently 80.00%.

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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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