Och-Ziff Capital Management Group LLC (NYSE:OZM) fell 2.2% on Monday . The company traded as low as $3.48 and last traded at $3.48, with a volume of 184,087 shares traded. The stock had previously closed at $3.56.

A number of research firms have weighed in on OZM. Royal Bank Of Canada reduced their target price on shares of 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. Compass Point reissued a “neutral” rating and set a $4.00 target price (down from $5.00) on shares of Och-Ziff Capital Management Group in a report on Wednesday, May 4th. Citigroup Inc. reissued a “hold” rating on shares of Och-Ziff Capital Management Group in a report on Tuesday, April 12th. Jefferies Group reissued a “buy” rating and set a $5.50 target price on shares of Och-Ziff Capital Management Group in a report on Wednesday, May 4th. Finally, Bank of America Corp. lowered shares of Och-Ziff Capital Management Group from a “buy” rating to a “neutral” rating in a report on Tuesday, June 28th. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $7.36.

The stock’s 50-day moving average price is $3.84 and its 200-day moving average price is $4.28. The company’s market cap is $622.04 million.

Och-Ziff Capital Management Group (NYSE:OZM) last announced its earnings results on Tuesday, May 3rd. The company reported ($0.27) earnings per share for the quarter, missing analysts’ consensus estimates of $0.13 by $0.40. The company had revenue of $188.44 million for the quarter, compared to analyst estimates of $176.40 million. Och-Ziff Capital Management Group’s quarterly revenue was down 43.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.15 earnings per share. Analysts expect that Och-Ziff Capital Management Group LLC will post ($0.05) earnings per share for the current fiscal year.

Several hedge funds and institutional investors have bought and sold shares of the company. Thornburg Investment Management Inc. increased its position in Och-Ziff Capital Management Group by 1.9% in the fourth quarter. Thornburg Investment Management Inc. now owns 7,322,949 shares of the company’s stock valued at $45,622,000 after buying an additional 135,230 shares during the period. State of New Jersey Common Pension Fund D acquired a new position in Och-Ziff Capital Management Group during the fourth quarter valued at approximately $6,697,000. Marshall Wace LLP acquired a new position in Och-Ziff Capital Management Group during the fourth quarter valued at approximately $5,056,000. Sei Investments Co. acquired a new position in Och-Ziff Capital Management Group during the fourth quarter valued at approximately $3,648,000. Finally, Gabelli Funds LLC increased 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 valued at $1,881,000 after buying an additional 2,000 shares during the period.

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 Other Operations.

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