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

A number of analysts have recently weighed in on OZM shares. Citigroup Inc. downgraded shares of Och-Ziff Capital Management Group from a “neutral” rating to a “sell” rating and reduced their target price for the stock from $4.25 to $3.40 in a research report on Thursday. Keefe, Bruyette & Woods downgraded shares of Och-Ziff Capital Management Group from an “outperform” rating to a “market perform” rating and cut their price objective for the company from $5.50 to $4.50 in a research report 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. Credit Suisse Group AG reiterated a “hold” rating and issued a $4.60 price objective on shares of Och-Ziff Capital Management Group in a research note on Wednesday, August 3rd. Finally, Royal Bank Of Canada lowered 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. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $5.72.

The company’s market capitalization is $709.49 million. The stock’s 50 day moving average price is $3.62 and its 200 day moving average price is $3.91.

Och-Ziff Capital Management Group (NYSE:OZM) last issued its quarterly 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. During the same quarter last year, the firm earned $0.18 EPS. The firm earned $152.55 million during the quarter, compared to analyst estimates of $144.40 million. The business’s 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 ($0.58) earnings per share for the current year.

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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