Favorable Press Coverage Somewhat Unlikely to Impact Och-Ziff Capital Management Group (NYSE:OZM) Share Price
Media headlines about Och-Ziff Capital Management Group (NYSE:OZM) have been trending positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Och-Ziff Capital Management Group earned a daily sentiment score of 0.40 on Accern’s scale. Accern also assigned news coverage about the asset manager an impact score of 47.2374968601154 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment Analysis’s rankings:
- Och-Ziff Capital Management Gro (NYSE:OZM) Sees Significantly Lower Trading Volume – Modern Readers (modernreaders.com)
- Is Och-Ziff Capital Management Group LLC (NYSE:OZM) a Bargain? Update on The Stock – FLBC News (flbcnews.com)
- Sells 2977758 Shares of Och-Ziff Capital Management Group LLC (OZM) (newstrendstoday.com)
- Och-Ziff Capital Management Group LLC (NASDAQ:OZM) To Report Earnings (wisdomsave.com)
- Och-Ziff Capital Management Group LLC (OZM) Stock Is Crashing Now (famososartistas.com)
Shares of Och-Ziff Capital Management Group (NYSE OZM) traded up 3.82% during mid-day trading on Monday, hitting $2.99. 375,526 shares of the stock were exchanged. Och-Ziff Capital Management Group has a 12 month low of $2.15 and a 12 month high of $4.78. The stock’s 50 day moving average is $2.77 and its 200 day moving average is $2.68. The firm’s market cap is $552.87 million.
Och-Ziff Capital Management Group (NYSE:OZM) last announced its quarterly earnings results on Wednesday, August 2nd. The asset manager reported $0.10 EPS for the quarter, beating the consensus estimate of $0.02 by $0.08. The firm had revenue of $148.95 million for the quarter, compared to analyst estimates of $90.65 million. Och-Ziff Capital Management Group had a negative return on equity of 55.73% and a net margin of 4.46%. During the same quarter last year, the firm posted $0.06 earnings per share. Analysts expect that Och-Ziff Capital Management Group will post $0.55 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Monday, August 21st. Stockholders of record on Monday, August 14th will be paid a dividend of $0.02 per share. The ex-dividend date is Thursday, August 10th. This represents a $0.08 annualized dividend and a dividend yield of 2.68%. Och-Ziff Capital Management Group’s dividend payout ratio is currently 80.00%.
OZM has been the topic of a number of research analyst reports. BidaskClub raised shares of Och-Ziff Capital Management Group from a “hold” rating to a “buy” rating in a research report on Wednesday, July 12th. Jefferies Group LLC restated a “hold” rating and set a $3.00 target price on shares of Och-Ziff Capital Management Group in a report on Tuesday, May 2nd. Keefe, Bruyette & Woods restated a “hold” rating and set a $2.50 target price on shares of Och-Ziff Capital Management Group in a report on Wednesday, April 12th. Zacks Investment Research upgraded shares of Och-Ziff Capital Management Group from a “hold” rating to a “strong-buy” rating and set a $3.25 target price on the stock in a report on Friday, July 14th. Finally, ValuEngine cut shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Eight research analysts have rated the stock with a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $3.46.
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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 real estate business.
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