Shares of Och-Ziff Capital Management Group LLC (NYSE:OZM) traded up 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 changing hands. The stock had previously closed at $3.83.

A number of analysts have recently issued reports on the stock. Keefe, Bruyette & Woods downgraded shares of Och-Ziff Capital Management Group from an “outperform” rating to a “market perform” rating and lowered their price objective for the company from $5.50 to $4.50 in a report on Monday, July 11th. Jefferies Group downgraded shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating and lowered their price objective for the company from $5.50 to $4.00 in a report on Tuesday, July 12th. 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. RBC Capital Markets set a $5.00 price objective on shares of Och-Ziff Capital Management Group and gave the company a “buy” rating in a report on Thursday, July 21st. Finally, 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 report on Wednesday, August 3rd. Three analysts have rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating to the company’s stock. Och-Ziff Capital Management Group presently has an average rating of “Hold” and an average price target of $5.72.

The company has a 50-day moving average price of $3.65 and a 200-day moving average price of $3.90. The company’s market capitalization is $694.97 million.

Och-Ziff Capital Management Group (NYSE:OZM) last posted its quarterly earnings results on Tuesday, August 2nd. The company reported $0.06 earnings per share (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 analysts’ expectations of $144.40 million. During the same quarter last year, the firm earned $0.18 EPS. The business’s quarterly revenue was down 52.5% on a year-over-year basis. Equities analysts predict that Och-Ziff Capital Management Group LLC will post ($0.58) EPS 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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