Notable Reporting: Och-Ziff Capital Management Group LLC Stock Is Crashing Now

Notable Reporting: Och Ziff Capital Management Group LLC Stock Is Crashing Now

The stock of Och-Ziff Capital Management Group LLC (NYSE:OZM) is a huge mover today! About 420,741 shares traded hands. Och-Ziff Capital Management Group LLC (NYSE:OZM) has declined 17.78% since March 9, 2016 and is downtrending. It has underperformed by 25.20% the S&P500.
The move comes after 6 months negative chart setup for the $590.69M company. It was reported on Oct, 12 by Barchart.com. We have $3.07 PT which if reached, will make NYSE:OZM worth $53.16M less.

Analysts await Och-Ziff Capital Management Group LLC (NYSE:OZM) to report earnings on November, 1. They expect $0.05 earnings per share, down 61.54% or $0.08 from last year’s $0.13 per share. OZM’s profit will be $8.76 million for 16.85 P/E if the $0.05 EPS becomes a reality. After $0.06 actual earnings per share reported by Och-Ziff Capital Management Group LLC for the previous quarter, Wall Street now forecasts -16.67% negative EPS growth.

Och-Ziff Capital Management Group LLC (NYSE:OZM) Ratings Coverage

Out of 9 analysts covering Och-Ziff Capital Management Group (NYSE:OZM), 5 rate it a “Buy”, 1 “Sell”, while 3 “Hold”. This means 56% are positive. Och-Ziff Capital Management Group has been the topic of 22 analyst reports since August 6, 2015 according to StockzIntelligence Inc. On Monday, November 23 the stock rating was upgraded by Keefe Bruyette & Woods to “Outperform”. The stock of Och-Ziff Capital Management Group LLC (NYSE:OZM) has “Buy” rating given on Wednesday, November 4 by Compass Point. As per Thursday, July 21, the company rating was maintained by RBC Capital Markets. On Thursday, September 29 the stock rating was upgraded by Compass Point to “Buy”. On Wednesday, February 3 the stock rating was maintained by RBC Capital Markets with “Outperform”. The firm has “Hold” rating given on Wednesday, August 26 by Zacks. On Tuesday, May 31 the stock rating was maintained by RBC Capital Markets with “Outperform”. The stock of Och-Ziff Capital Management Group LLC (NYSE:OZM) earned “Sell” rating by Zacks on Thursday, August 20. The stock has “Market Perform” rating given by Keefe Bruyette & Woods on Wednesday, November 4. The company was downgraded on Tuesday, June 28 by Bank of America.

According to Zacks Investment Research, “Och-Ziff Capital Management Group LLC is a leading, global institutional alternative asset management firm. It seeks to deliver consistent positive risk-adjusted returns throughout market cycles, with a strong focus on risk management and capital preservation. Portfolio composition is determined by market opportunities rather than any predetermined commitment to investment discipline or geography. Our diversified, multi-strategy approach is based on global investment strategies, including merger arbitrage, convertible arbitrage, equity restructuring, credit and distressed investments, private investments and real estate.”

Insitutional Activity: The institutional sentiment decreased to 0.84 in 2016 Q2. Its down 0.01, from 0.85 in 2016Q1. The ratio dropped, as 27 funds sold all Och-Ziff Capital Management Group LLC shares owned while 23 reduced positions. 15 funds bought stakes while 27 increased positions. They now own 92.13 million shares or 3.67% more from 88.87 million shares in 2016Q1.
Baupost Grp Ltd Liability Ma accumulated 0.17% or 3.37 million shares. Royal National Bank & Trust Of Canada accumulated 0% or 26,152 shares. Kcg Holdings Incorporated has invested 0.01% of its portfolio in Och-Ziff Capital Management Group LLC (NYSE:OZM). Pinnacle Associates accumulated 0% or 24,300 shares. Gru One Trading Ltd Partnership last reported 0% of its portfolio in the stock. Bank & Trust Of Montreal Can has invested 0% of its portfolio in Och-Ziff Capital Management Group LLC (NYSE:OZM). Credit Suisse Ag reported 159,215 shares or 0% of all its holdings. Kamunting Street Cap L P owns 658,907 shares or 5.76% of their US portfolio. Ameriprise has invested 0% of its portfolio in Och-Ziff Capital Management Group LLC (NYSE:OZM). Mariner Wealth Advsrs Ltd Co, a Kansas-based fund reported 157,892 shares. The Pennsylvania-based Pnc Financial Svcs Group has invested 0% in Och-Ziff Capital Management Group LLC (NYSE:OZM). Artemis Invest Mgmt Llp accumulated 1.21M shares or 0.07% of the stock. The Florida-based Dreman Value Management L L C has invested 0% in Och-Ziff Capital Management Group LLC (NYSE:OZM). Susquehanna Intll Grp Llp has 0% invested in the company for 88,910 shares. Sterneck Cap Management Lc last reported 0.09% of its portfolio in the stock.

More news for Och-Ziff Capital Management Group LLC (NYSE:OZM) were recently published by: Businesswire.com, which released: “The Shuman Law Firm Investigates Och-Ziff Capital Management Group LLC” on June 27, 2016. Globenewswire.com‘s article titled: “Update in Lawsuit for Investors in Och-Ziff Capital Management Group LLC (NYSE …” and published on May 10, 2016 is yet another important article.

OZM Company Profile

Och-Ziff Capital Management Group LLC (Och-Ziff), incorporated on June 6, 2007, is an institutional alternative asset manager. The Firm provides asset management services through its funds, which pursue a range of global investment opportunities. The Firm operates through two divisions: the Och-Ziff Funds and Other Operations. The Och-Ziff Funds segment provides asset management services to its multi-strategy funds, credit funds and other alternative investment vehicles. The Company’s Other Operations segment includes real estate business, which provides asset management services to its real estate funds. The Firm offers customized solutions within and across its product platforms to help its fund investors meet their investment objectives.

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