Credit Suisse Group set a $3.00 target price on Och-Ziff Capital Management Group LLC (NYSE:OZM) in a research report released on Thursday morning. The brokerage currently has a hold rating on the stock.

A number of other analysts have also recently issued reports on OZM. Zacks Investment Research upgraded shares of Och-Ziff Capital Management Group from a sell rating to a hold rating in a research note on Saturday, November 5th. Citigroup Inc. upgraded shares of Och-Ziff Capital Management Group from a sell rating to a neutral rating and set a $3.00 target price for the company in a research note on Monday, November 7th. Jefferies Group LLC restated a hold rating and set a $3.00 target price on shares of Och-Ziff Capital Management Group in a research note on Tuesday, November 8th. Finally, J P Morgan Chase & Co cut shares of Och-Ziff Capital Management Group from an overweight rating to a neutral rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the company. Och-Ziff Capital Management Group currently has a consensus rating of Hold and an average price target of $4.08.

Shares of Och-Ziff Capital Management Group (NYSE:OZM) traded up 3.0962% during mid-day trading on Thursday, reaching $3.0001. 965,203 shares of the company’s stock traded hands. Och-Ziff Capital Management Group has a 12 month low of $2.65 and a 12 month high of $4.78. The firm has a 50 day moving average price of $3.31 and a 200-day moving average price of $3.44. The stock’s market cap is $545.14 million.

Och-Ziff Capital Management Group (NYSE:OZM) last posted its earnings results on Wednesday, February 15th. The company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.06 by $0.05. The company had revenue of $281.26 million for the quarter, compared to analyst estimates of $272.83 million. Och-Ziff Capital Management Group had a positive return on equity of 106.32% and a negative net margin of 18.75%. The business’s quarterly revenue was down 18.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.07) EPS. On average, analysts predict that Och-Ziff Capital Management Group will post ($0.18) earnings per share for the current fiscal year.

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The firm also recently disclosed a dividend, which will be paid on Monday, March 6th. Shareholders of record on Monday, February 27th will be paid a $0.01 dividend. The ex-dividend date is Thursday, February 23rd.

In other Och-Ziff Capital Management Group news, insider Erez Elisha sold 27,669 shares of Och-Ziff Capital Management Group stock in a transaction dated Friday, December 30th. The shares were sold at an average price of $3.25, for a total value of $89,924.25. Following the completion of the sale, the insider now owns 27,669 shares in the company, valued at approximately $89,924.25. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, major shareholder Abrams Capital Management, L.P acquired 513,480 shares of the company’s stock in a transaction on Friday, December 30th. The stock was acquired at an average price of $3.19 per share, with a total value of $1,638,001.20. The disclosure for this purchase can be found here. Insiders acquired a total of 4,036,907 shares of company stock valued at $12,936,401 in the last quarter. Corporate insiders own 63.20% of the company’s stock.

Hedge funds have recently modified their holdings of the company. Blue Ridge Capital L.L.C. acquired a new stake in shares of Och-Ziff Capital Management Group during the second quarter valued at $33,592,000. Sandia Holdings LLC acquired a new stake in shares of Och-Ziff Capital Management Group during the fourth quarter valued at $11,178,000. Abrams Capital Management L.P. boosted its stake in shares of Och-Ziff Capital Management Group by 11.2% in the fourth quarter. Abrams Capital Management L.P. now owns 18,949,992 shares of the company’s stock valued at $62,724,000 after buying an additional 1,909,342 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Och-Ziff Capital Management Group by 49.6% in the third quarter. JPMorgan Chase & Co. now owns 4,772,358 shares of the company’s stock valued at $20,712,000 after buying an additional 1,582,140 shares during the period. Finally, Glacier Peak Capital LLC boosted its stake in shares of Och-Ziff Capital Management Group by 487.8% in the fourth quarter. Glacier Peak Capital LLC now owns 1,115,575 shares of the company’s stock valued at $3,693,000 after buying an additional 925,791 shares during the period. Institutional investors and hedge funds own 52.74% of the company’s stock.

About Och-Ziff Capital Management Group

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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