Och-Ziff Capital Management Group LLC (NYSE:OZM) shares saw an uptick in trading volume on Friday . 971,621 shares were traded during trading, an increase of 56% from the previous session’s volume of 623,150 shares.The stock last traded at $2.96 and had previously closed at $2.85.

A number of brokerages recently commented on OZM. BidaskClub downgraded shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Keefe, Bruyette & Woods reiterated a “hold” rating and set a $3.25 target price on shares of Och-Ziff Capital Management Group in a research note on Tuesday. 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 for the company in a research note on Friday, July 14th. Jefferies Group LLC reiterated a “hold” rating and set a $2.50 target price on shares of Och-Ziff Capital Management Group in a research note on Wednesday, June 28th. Finally, ValuEngine downgraded shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Eight analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $3.57.

The company’s market capitalization is $548.25 million. The stock’s 50-day moving average is $2.95 and its 200-day moving average is $2.61.

Och-Ziff Capital Management Group (NYSE:OZM) last announced its quarterly earnings data on Wednesday, August 2nd. The asset manager reported $0.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.08. The company had revenue of $148.95 million during the quarter, compared to analyst estimates of $90.65 million. Och-Ziff Capital Management Group had a net margin of 4.46% and a negative return on equity of 55.73%. During the same period last year, the business earned $0.06 EPS. Analysts forecast that Och-Ziff Capital Management Group LLC will post $0.55 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Monday, August 21st. Shareholders of record on Monday, August 14th were issued a dividend of $0.02 per share. This represents a $0.08 annualized dividend and a yield of 2.70%. The ex-dividend date of this dividend was Thursday, August 10th. Och-Ziff Capital Management Group’s dividend payout ratio is currently 80.00%.

A number of hedge funds have recently made changes to their positions in OZM. Gamco Investors INC. ET AL grew its holdings in Och-Ziff Capital Management Group by 337.4% during the 1st quarter. Gamco Investors INC. ET AL now owns 99,300 shares of the asset manager’s stock worth $224,000 after acquiring an additional 76,600 shares in the last quarter. Gabelli Funds LLC grew its holdings in Och-Ziff Capital Management Group by 17.3% during the 1st quarter. Gabelli Funds LLC now owns 1,426,687 shares of the asset manager’s stock worth $3,224,000 after acquiring an additional 210,687 shares in the last quarter. Catalyst Capital Advisors LLC acquired a new position in Och-Ziff Capital Management Group during the 1st quarter worth $875,000. Symons Capital Management Inc. acquired a new position in Och-Ziff Capital Management Group during the 1st quarter worth $256,000. Finally, Stifel Financial Corp grew its holdings in Och-Ziff Capital Management Group by 8.2% during the 1st quarter. Stifel Financial Corp now owns 322,677 shares of the asset manager’s stock worth $736,000 after acquiring an additional 24,540 shares in the last quarter. 48.23% of the stock is owned by institutional investors.

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Och-Ziff Capital Management Group Company Profile

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.