Och-Ziff Capital Management Group LLC (NYSE:OZM) shares dropped 3.6% on Friday . The company traded as low as $3.87 and last traded at $4.05, with a volume of 713,119 shares trading hands. The stock had previously closed at $4.20.

Several analysts have commented on OZM shares. Keefe, Bruyette & Woods downgraded shares of 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 report on Monday, July 11th. Bank of America Corp. downgraded shares of Och-Ziff Capital Management Group from a “buy” rating to a “neutral” rating in a report on Tuesday, June 28th. Royal Bank Of Canada cut their price target on shares of Och-Ziff Capital Management Group from $7.00 to $5.00 and set an “outperform” rating on the stock in a report on Thursday, July 21st. Credit Suisse Group AG reiterated a “hold” rating and set a $4.60 price target on shares of Och-Ziff Capital Management Group in a report on Wednesday, August 3rd. Finally, Jefferies Group downgraded shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating and dropped their target price for the stock from $5.50 to $4.00 in a research note on Tuesday, July 12th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. Och-Ziff Capital Management Group has a consensus rating of “Hold” and a consensus target price of $6.01.

The firm’s market cap is $722.19 million. The firm has a 50 day moving average price of $3.57 and a 200-day moving average price of $3.95.

Och-Ziff Capital Management Group (NYSE:OZM) last issued its quarterly earnings data on Tuesday, August 2nd. The company reported $0.06 EPS for the quarter, missing the Zacks’ consensus estimate of $0.07 by $0.01. During the same quarter last year, the firm posted $0.18 earnings per share. The company had revenue of $152.55 million for the quarter, compared to analysts’ expectations of $144.40 million. The company’s revenue was down 52.5% compared to the same quarter last year. Equities research analysts forecast 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 acquired a new stake 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. The firm acquired 811,575 shares of the company’s stock, valued at approximately $5,056,000. Marshall Wace LLP owned 0.46% of Och-Ziff Capital Management Group as of its most recent SEC filing.

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.