Och-Ziff Capital Management Group LLC (NYSE:OZM) shares traded down 2.7% during trading on Thursday . The stock traded as low as $3.55 and last traded at $3.60, with a volume of 320,756 shares traded. The stock had previously closed at $3.70.

Several research analysts have commented on the company. Bank of America Corp. lowered Och-Ziff Capital Management Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, June 28th. Credit Suisse Group AG reaffirmed a “hold” rating and set a $4.60 price target on shares of Och-Ziff Capital Management Group in a research report on Wednesday. Royal Bank Of Canada cut 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 research report on Tuesday, May 31st. Jefferies Group reaffirmed a “buy” rating on shares of Och-Ziff Capital Management Group in a research report on Wednesday, April 6th. Finally, Compass Point reaffirmed a “neutral” rating and set a $4.00 price target (down previously from $5.00) on shares of Och-Ziff Capital Management Group in a research report on Wednesday, May 4th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. Och-Ziff Capital Management Group currently has an average rating of “Hold” and a consensus target price of $6.57.

The firm’s 50 day moving average price is $3.62 and its 200-day moving average price is $4.05. The firm’s market cap is $650.47 million.

Och-Ziff Capital Management Group (NYSE:OZM) last released its earnings results on Tuesday, August 2nd. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.07 by $0.01. The business earned $152.55 million during the quarter, compared to the consensus estimate of $144.40 million. The firm’s revenue was down 52.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 earnings per share. Analysts anticipate that Och-Ziff Capital Management Group LLC will post ($0.20) EPS for the current year.

Other hedge funds and institutional investors have recently added to or reduced their stakes in the company. 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 worth $1,881,000 after buying an additional 2,000 shares in the last quarter. Robeco Institutional Asset Management B.V. purchased a new position in Och-Ziff Capital Management Group during the fourth quarter worth approximately $1,246,000. State of New Jersey Common Pension Fund D purchased a new position in Och-Ziff Capital Management Group during the fourth quarter worth approximately $6,697,000. Finally, Marshall Wace LLP purchased a new position in Och-Ziff Capital Management Group during the fourth quarter worth approximately $5,056,000.

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.

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