Royce & Associates LP lowered its holdings in Oaktree Capital Group LLC (NYSE:OAK) by 33.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 285,847 shares of the asset manager’s stock after selling 143,270 shares during the period. Royce & Associates LP owned approximately 0.18% of Oaktree Capital Group worth $13,449,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in OAK. Bronfman E.L. Rothschild L.P. acquired a new stake in Oaktree Capital Group during the 2nd quarter valued at $110,000. Stelac Advisory Services LLC acquired a new stake in Oaktree Capital Group during the 3rd quarter valued at $113,000. Penserra Capital Management LLC grew its holdings in Oaktree Capital Group by 10.0% during the 2nd quarter. Penserra Capital Management LLC now owns 2,471 shares of the asset manager’s stock valued at $115,000 after purchasing an additional 224 shares in the last quarter. US Bancorp DE grew its holdings in Oaktree Capital Group by 59.2% during the 2nd quarter. US Bancorp DE now owns 3,025 shares of the asset manager’s stock valued at $141,000 after purchasing an additional 1,125 shares in the last quarter. Finally, IFP Advisors Inc grew its holdings in Oaktree Capital Group by 698.4% during the 3rd quarter. IFP Advisors Inc now owns 3,545 shares of the asset manager’s stock valued at $167,000 after purchasing an additional 3,101 shares in the last quarter. 22.60% of the stock is owned by institutional investors.

Oaktree Capital Group LLC (NYSE OAK) traded down $0.35 during midday trading on Tuesday, reaching $42.75. 264,500 shares of the company’s stock were exchanged, compared to its average volume of 224,411. Oaktree Capital Group LLC has a 12-month low of $36.95 and a 12-month high of $48.50. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 2.37. The company has a market cap of $6,732.87, a P/E ratio of 10.34, a price-to-earnings-growth ratio of 0.89 and a beta of 0.57.

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

A number of research firms recently weighed in on OAK. Zacks Investment Research lowered shares of Oaktree Capital Group from a “hold” rating to a “sell” rating in a report on Thursday, November 9th. TheStreet lowered shares of Oaktree Capital Group from a “b-” rating to a “c+” rating in a report on Friday, November 17th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company’s stock. Oaktree Capital Group presently has a consensus rating of “Hold” and a consensus target price of $49.50.

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Oaktree Capital Group Company Profile

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.

Institutional Ownership by Quarter for Oaktree Capital Group (NYSE:OAK)

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