Shares of Och-Ziff Capital Management Group LLC (NYSE:OZM) were up 2% on Friday . The company traded as high as $3.59 and last traded at $3.58, with a volume of 72,070 shares trading hands. The stock had previously closed at $3.51.

A number of analysts recently weighed in on OZM shares. Keefe, Bruyette & Woods cut shares of Och-Ziff Capital Management Group from an “outperform” rating to a “market perform” rating and lowered their target price for the company from $5.50 to $4.50 in a research note on Monday, July 11th. Bank of America Corp. cut shares of Och-Ziff Capital Management Group from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 28th. Royal Bank Of Canada decreased their price objective on shares of Och-Ziff Capital Management Group from $7.00 to $5.00 and set an “outperform” rating on the stock in a research note on Thursday, July 21st. Credit Suisse Group AG reaffirmed a “hold” rating and set a $4.60 price objective on shares of Och-Ziff Capital Management Group in a research note on Wednesday, August 3rd. Finally, Jefferies Group cut shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $5.50 to $4.00 in a research note on Tuesday, July 12th. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $6.01.

The stock has a 50-day moving average price of $3.57 and a 200 day moving average price of $4.00. The company’s market cap is $656.87 million.

Och-Ziff Capital Management Group (NYSE:OZM) last posted its earnings results on Tuesday, August 2nd. The company reported $0.06 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.07 by $0.01. The company had revenue of $152.55 million for the quarter, compared to analyst estimates of $144.40 million. During the same quarter in the prior year, the firm posted $0.18 earnings per share. The firm’s revenue for the quarter was down 52.5% compared to the same quarter last year. Equities research analysts anticipate that Och-Ziff Capital Management Group LLC will post ($0.58) EPS for the current fiscal year.

An institutional investor recently bought a new position in Och-Ziff Capital Management Group stock. Marshall Wace LLP bought a new position in shares of Och-Ziff Capital Management Group LLC (NYSE:OZM) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 811,575 shares of the company’s stock, valued at approximately $5,056,000. Marshall Wace LLP owned approximately 0.46% of Och-Ziff Capital Management Group at the end of the most recent reporting 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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