Och-Ziff Capital Management Group LLC (NYSE:OZM) shares rose 1.3% during mid-day trading on Wednesday . The company traded as high as $3.90 and last traded at $3.88, with a volume of 93,168 shares trading hands. The stock had previously closed at $3.83.

OZM has been the topic of a number of recent research reports. Jefferies Group reissued a “buy” rating and issued a $5.50 target price on shares of Och-Ziff Capital Management Group in a report on Wednesday, May 4th. Keefe, Bruyette & Woods lowered Och-Ziff Capital Management Group from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $5.50 to $4.50 in a report on Monday, July 11th. RBC Capital Markets set a $5.00 target price on Och-Ziff Capital Management Group and gave the company a “buy” rating in a report on Thursday, July 21st. Compass Point reissued a “neutral” rating and issued a $4.00 target price (down previously from $5.00) on shares of Och-Ziff Capital Management Group in a report on Wednesday, May 4th. Finally, Royal Bank Of Canada dropped their price objective on 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. 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 stock. The company currently has a consensus rating of “Hold” and a consensus price target of $5.72.

The firm’s 50 day moving average is $3.63 and its 200-day moving average is $3.90. The stock’s market cap is $698.60 million.

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