Trade Report: Today, Och-Ziff Capital Management Group LLC (OZM) Stock Rating Reaffirm by Credit Suisse Group AG

Today, Och-Ziff Capital Management Group LLC (OZM) Stock Rating Reaffirm by Credit Suisse Group AG

Och-Ziff Capital Management Group LLC (NYSE:OZM)‘s stock had its “hold” rating restated by Credit Suisse Group AG in a research report issued on Monday. They currently have a $3.00 price target on the stock. Credit Suisse Group AG’s price objective suggests a potential upside of 0.67% from the company’s current price.

OZM has been the subject of a number of other reports. Citigroup Inc. downgraded shares of Och-Ziff Capital Management Group from a “neutral” rating to a “sell” rating and decreased their price target for the stock from $4.25 to $3.40 in a research note on Thursday, August 25th. Compass Point raised shares of Och-Ziff Capital Management Group from a “neutral” rating to a “buy” rating and set a $5.00 price target for the company in a research note on Thursday, September 29th. Keefe, Bruyette & Woods set a $4.00 price target on shares of Och-Ziff Capital Management Group and gave the stock a “hold” rating in a research note on Friday, October 14th. Royal Bank Of Canada decreased their price target on shares of Och-Ziff Capital Management Group from $7.00 to $5.00 and set an “outperform” rating for the company in a research note on Thursday, July 21st. Finally, Zacks Investment Research raised shares of Och-Ziff Capital Management Group from a “sell” rating to a “hold” rating in a research note on Saturday, November 5th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $4.13.

Och-Ziff Capital Management Group (NYSE:OZM) traded down 0.33% during trading on Monday, hitting $2.98. 234,980 shares of the company’s stock traded hands. The company’s 50 day moving average is $3.21 and its 200-day moving average is $3.67. Och-Ziff Capital Management Group has a 12 month low of $2.81 and a 12 month high of $7.28. The stock’s market cap is $541.48 million.

Och-Ziff Capital Management Group (NYSE:OZM) last issued its quarterly earnings data on Wednesday, November 2nd. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.06 by $0.04. The firm had revenue of $138.80 million for the quarter, compared to the consensus estimate of $135.10 million. The business’s revenue was down 31.4% on a year-over-year basis. During the same period last year, the company posted $0.13 earnings per share. On average, analysts predict that Och-Ziff Capital Management Group will post ($0.24) earnings per share for the current year.

Large investors have recently bought and sold shares of the stock. Sterneck Capital Management LLC purchased a new stake in Och-Ziff Capital Management Group during the second quarter worth approximately $129,000. HighTower Advisors LLC boosted its stake in Och-Ziff Capital Management Group by 57.9% in the third quarter. HighTower Advisors LLC now owns 32,625 shares of the company’s stock worth $143,000 after buying an additional 11,957 shares during the last quarter. Alpine Partners VI LLC purchased a new stake in Och-Ziff Capital Management Group during the second quarter worth approximately $160,000. Harvest Management LLC purchased a new stake in Och-Ziff Capital Management Group during the second quarter worth approximately $190,000. Finally, Hsbc Holdings PLC boosted its stake in Och-Ziff Capital Management Group by 82.3% in the second quarter. Hsbc Holdings PLC now owns 51,102 shares of the company’s stock worth $194,000 after buying an additional 23,064 shares during the last quarter.

Och-Ziff Capital Management Group Company Profile

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