Och-Ziff Capital Management Group LLC (NYSE:OZM)’s share price traded down 5% during mid-day trading on Thursday . The company traded as low as $3.72 and last traded at $3.82, with a volume of 409,024 shares. The stock had previously closed at $4.02.

Several equities analysts recently weighed in on the company. Citigroup Inc. downgraded Och-Ziff Capital Management Group from a “neutral” rating to a “sell” rating and lowered their target price for the company from $4.25 to $3.40 in a research report on Thursday. Bank of America Corp. downgraded 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 reiterated a “hold” rating and set a $4.60 target price on shares of Och-Ziff Capital Management Group in a research report on Wednesday, August 3rd. Royal Bank Of Canada lowered their target price 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. Finally, Compass Point reiterated a “neutral” rating and set a $4.00 target price (down from $5.00) on shares of Och-Ziff Capital Management Group in a research report on Wednesday, May 4th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $5.72.

The stock has a 50 day moving average of $3.60 and a 200 day moving average of $3.92. The stock’s market cap is $722.19 million.

Och-Ziff Capital Management Group (NYSE:OZM) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.07 by $0.01. During the same quarter last year, the firm posted $0.18 earnings per share. The business had revenue of $152.55 million for the quarter, compared to the consensus estimate of $144.40 million. The business’s revenue was down 52.5% compared to the same quarter last year. Equities 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. State of New Jersey Common Pension Fund D purchased a new stake in shares of Och-Ziff Capital Management Group LLC (NYSE:OZM) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 1,075,000 shares of the company’s stock, valued at approximately $6,697,000. State of New Jersey Common Pension Fund D owned 0.61% 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.

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