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

A number of analysts have recently commented on OZM shares. Jefferies Group reissued 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. reissued a “hold” rating on shares of Och-Ziff Capital Management Group in a research note on Tuesday, April 12th. Keefe, Bruyette & Woods lowered Och-Ziff Capital Management Group from an “outperform” rating to a “market perform” rating and cut their price target for the company from $5.50 to $4.50 in a research note on Monday, July 11th. RBC Capital Markets set a $5.00 price target on Och-Ziff Capital Management Group and gave the company a “buy” rating in a research note on Thursday, July 21st. Finally, Compass Point reissued 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 investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $6.57.

The firm’s market cap is $657.72 million. The stock’s 50-day moving average is $3.61 and its 200 day moving average is $4.05.

Och-Ziff Capital Management Group (NYSE:OZM) last released its quarterly earnings results on Tuesday, August 2nd. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.07 by $0.01. During the same quarter in the prior year, the firm posted $0.18 earnings per share. The business earned $152.55 million during the quarter, compared to analysts’ expectations of $144.40 million. The firm’s quarterly revenue was down 52.5% on a year-over-year basis. On average, equities research analysts anticipate that Och-Ziff Capital Management Group LLC will post ($0.52) EPS for the current year.

Several hedge funds have added to or reduced their stakes in OZM. State of New Jersey Common Pension Fund D acquired a new stake in Och-Ziff Capital Management Group during the fourth quarter valued at $6,697,000. Marshall Wace LLP purchased a new position in shares of Och-Ziff Capital Management Group during the fourth quarter valued at approximately $5,056,000. 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 valued at $1,881,000 after buying an additional 2,000 shares during the period. Finally, Robeco Institutional Asset Management B.V. purchased a new position in shares of Och-Ziff Capital Management Group during the fourth quarter valued at approximately $1,246,000.

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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