Och-Ziff Capital Management Group LLC (NYSE:OZM) was down 1.6% during trading on Wednesday . The company traded as low as $3.53 and last traded at $3.58, with a volume of 564,974 shares. The stock had previously closed at $3.64.

A number of research analysts have recently issued reports on OZM shares. Citigroup Inc. reaffirmed a “hold” rating on shares of Och-Ziff Capital Management Group in a report on Tuesday, April 12th. Jefferies Group reaffirmed a “buy” rating on shares of Och-Ziff Capital Management Group in a report on Wednesday, April 6th. Royal Bank Of Canada lowered their price target on Och-Ziff Capital Management Group from $8.00 to $7.00 and set an “outperform” rating on the stock in a report on Tuesday, May 31st. Bank of America Corp. downgraded Och-Ziff Capital Management Group from a “buy” rating to a “neutral” rating in a report on Tuesday, June 28th. Finally, Compass Point reaffirmed a “neutral” rating and set a $4.00 price target (down from $5.00) on shares of Och-Ziff Capital Management Group in a report on Wednesday, May 4th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the company’s stock. Och-Ziff Capital Management Group has a consensus rating of “Hold” and an average target price of $8.81.

The firm’s 50-day moving average price is $3.91 and its 200-day moving average price is $4.41. The stock’s market cap is $654.68 million.

Och-Ziff Capital Management Group (NYSE:OZM) last issued its quarterly earnings data on Tuesday, May 3rd. The company reported ($0.27) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.13 by $0.40. The firm earned $188.44 million during the quarter, compared to analyst estimates of $176.40 million. During the same period in the previous year, the business posted $0.15 earnings per share. The firm’s revenue for the quarter was down 43.4% on a year-over-year basis. On average, analysts forecast that Och-Ziff Capital Management Group LLC will post $0.02 EPS for the current year.

Other institutional investors recently modified their holdings of the company. Robeco Institutional Asset Management B.V. bought a new position in shares of Och-Ziff Capital Management Group during the fourth quarter valued at about $1,246,000. Gabelli Funds LLC boosted its position in Och-Ziff Capital Management Group by 0.7% in the fourth quarter. Gabelli Funds LLC now owns 302,000 shares of the company’s stock worth $1,881,000 after buying an additional 2,000 shares during the last quarter. Sei Investments Co. acquired a new position in Och-Ziff Capital Management Group during the fourth quarter worth $3,648,000. Marshall Wace LLP acquired a new position in Och-Ziff Capital Management Group during the fourth quarter worth $5,056,000. Finally, State of New Jersey Common Pension Fund D acquired a new position in Och-Ziff Capital Management Group during the fourth quarter worth $6,697,000.

Och-Ziff Capital Management Group LLC (Och-Ziff) is a global institutional alternative asset manager. The Company provides asset management services through its funds, which pursue a range of global investment opportunities. The Company offers customized solutions within and across its product platforms to help its fund investors meet their investment objectives.

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