Och-Ziff Capital Management Group LLC (NYSE:OZM) shares rose 3% on Wednesday . The company traded as high as $3.45 and last traded at $3.44, with a volume of 150,881 shares trading hands. The stock had previously closed at $3.34.

OZM has been the topic of a number of research analyst reports. RBC Capital Markets set a $5.00 target price on shares of Och-Ziff Capital Management Group and gave the company a “buy” rating in a research note on Thursday, July 21st. Jefferies Group restated a “buy” rating and set a $5.50 price target on shares of Och-Ziff Capital Management Group in a research note on Wednesday, May 4th. Citigroup Inc. restated a “hold” rating on shares of Och-Ziff Capital Management Group in a research note on Tuesday, April 12th. Keefe, Bruyette & Woods cut shares of Och-Ziff Capital Management Group from an “outperform” rating to a “market perform” rating and dropped their price target for the company from $5.50 to $4.50 in a research note on Monday, July 11th. Finally, Compass Point restated a “neutral” rating and set a $4.00 price target (down from $5.00) on shares of Och-Ziff Capital Management Group in a research note on Wednesday, May 4th. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of $6.81.

The company has a 50 day moving average price of $3.66 and a 200 day moving average price of $4.12. The company’s market capitalization is $616.60 million.

Och-Ziff Capital Management Group (NYSE:OZM) last released its quarterly earnings results on Tuesday, May 3rd. The company reported ($0.27) earnings per share (EPS) 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 analysts’ expectations of $176.40 million. During the same quarter in the prior year, the company earned $0.15 earnings per share. The business’s revenue for the quarter was down 43.4% compared to the same quarter last year. Equities research analysts anticipate that Och-Ziff Capital Management Group LLC will post ($0.08) EPS for the current fiscal year.

Other large investors recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. bought a new stake in Och-Ziff Capital Management Group during the fourth quarter worth about $1,246,000. Gabelli Funds LLC raised its position in shares of 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. Marshall Wace LLP purchased a new position in shares of Och-Ziff Capital Management Group during the fourth quarter worth $5,056,000. Finally, State of New Jersey Common Pension Fund D purchased a new position in shares of Och-Ziff Capital Management Group during the fourth quarter worth $6,697,000.

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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.