Gator Capital Management LLC Buys New Stake in Oaktree Capital Group LLC (OAK)

Gator Capital Management LLC bought a new stake in shares of Oaktree Capital Group LLC (NYSE:OAK) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 9,900 shares of the asset manager’s stock, valued at approximately $417,000.

Other large investors have also made changes to their positions in the company. Stelac Advisory Services LLC bought a new stake in shares of Oaktree Capital Group during the third quarter valued at approximately $113,000. Carroll Financial Associates Inc. raised its stake in shares of Oaktree Capital Group by 200.0% during the fourth quarter. Carroll Financial Associates Inc. now owns 3,000 shares of the asset manager’s stock valued at $126,000 after acquiring an additional 2,000 shares in the last quarter. IFP Advisors Inc raised its stake in shares of Oaktree Capital Group by 698.4% during the third quarter. IFP Advisors Inc now owns 3,545 shares of the asset manager’s stock valued at $167,000 after acquiring an additional 3,101 shares in the last quarter. North Star Investment Management Corp. raised its stake in shares of Oaktree Capital Group by 235.3% during the fourth quarter. North Star Investment Management Corp. now owns 4,208 shares of the asset manager’s stock valued at $177,000 after acquiring an additional 2,953 shares in the last quarter. Finally, M&T Bank Corp bought a new stake in shares of Oaktree Capital Group during the second quarter valued at approximately $209,000. Institutional investors and hedge funds own 22.58% of the company’s stock.

Several analysts have recently weighed in on the stock. Zacks Investment Research raised shares of Oaktree Capital Group from a “sell” rating to a “hold” rating in a research note on Saturday. TheStreet downgraded shares of Oaktree Capital Group from a “b-” rating to a “c+” rating in a research note on Friday, November 17th. Finally, ValuEngine downgraded shares of Oaktree Capital Group from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $49.50.

In other Oaktree Capital Group news, major shareholder Organics L.P. Oaktree acquired 3,055,460 shares of Oaktree Capital Group stock in a transaction that occurred on Friday, December 15th. The stock was bought at an average price of $7.50 per share, with a total value of $22,915,950.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, major shareholder Oaktree Capital Management Lp acquired 28,800 shares of Oaktree Capital Group stock in a transaction that occurred on Wednesday, December 13th. The stock was acquired at an average cost of $8.63 per share, with a total value of $248,544.00. The disclosure for this purchase can be found here. Insiders have bought 4,498,182 shares of company stock valued at $44,373,324 in the last ninety days.

Shares of Oaktree Capital Group LLC (OAK) opened at $46.30 on Monday. The company has a debt-to-equity ratio of 2.37, a quick ratio of 1.80 and a current ratio of 1.80. Oaktree Capital Group LLC has a 12 month low of $41.10 and a 12 month high of $48.50. The firm has a market cap of $7,232.75, a P/E ratio of 10.64, a PEG ratio of 1.06 and a beta of 0.62.

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Oaktree Capital Group Profile

Oaktree Capital Group, LLC (Oaktree) is an investment manager specializing in alternative investments. The Company operates through investment management segment, which consists of the investment management services that the Company provides to its clients. The Company manages investments in a range of strategies within approximately six asset classes, which include corporate debt, convertible securities, distressed debt, control investing, real estate and listed equities.

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Institutional Ownership by Quarter for Oaktree Capital Group (NYSE:OAK)

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