According to Zacks, “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. “
Separately, ValuEngine raised shares of Och-Ziff Capital Management Group from a sell rating to a hold rating in a research report on Thursday, January 31st.
Och-Ziff Capital Management Group stock traded down $1.03 during trading hours on Tuesday, hitting $18.02. The company had a trading volume of 32,901 shares, compared to its average volume of 131,919. The stock has a market cap of $974.15 million, a price-to-earnings ratio of 15.40 and a beta of 1.33. The company has a debt-to-equity ratio of 5.03, a current ratio of 1.93 and a quick ratio of 1.93. Och-Ziff Capital Management Group has a 1 year low of $8.60 and a 1 year high of $23.00.
Och-Ziff Capital Management Group (NYSE:OZM) last released its quarterly earnings data on Thursday, March 7th. The asset manager reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by ($0.19). The company had revenue of $166.42 million during the quarter, compared to analysts’ expectations of $145.79 million. Och-Ziff Capital Management Group had a negative net margin of 6.98% and a positive return on equity of 58.10%. Research analysts expect that Och-Ziff Capital Management Group will post 1.88 earnings per share for the current year.
The business also recently disclosed a special dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Monday, May 20th will be given a $0.37 dividend. The ex-dividend date is Friday, May 17th. This represents a yield of 5.25%. Och-Ziff Capital Management Group’s dividend payout ratio (DPR) is 78.63%.
In other Och-Ziff Capital Management Group news, CFO Thomas Michael Sipp sold 26,416 shares of the business’s stock in a transaction dated Friday, May 10th. The shares were sold at an average price of $16.70, for a total value of $441,147.20. Following the completion of the sale, the chief financial officer now directly owns 87,357 shares of the company’s stock, valued at approximately $1,458,861.90. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider David Michael Levine sold 7,961 shares of the business’s stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $12.76, for a total transaction of $101,582.36. The disclosure for this sale can be found here. Over the last three months, insiders sold 68,445 shares of company stock valued at $1,122,459. 60.77% of the stock is owned by corporate insiders.
A number of institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. raised its holdings in shares of Och-Ziff Capital Management Group by 1,207.1% in the 1st quarter. BlackRock Inc. now owns 2,039 shares of the asset manager’s stock valued at $33,000 after purchasing an additional 1,883 shares in the last quarter. Nwam LLC raised its holdings in shares of Och-Ziff Capital Management Group by 9.2% in the 4th quarter. Nwam LLC now owns 39,384 shares of the asset manager’s stock valued at $36,000 after purchasing an additional 3,334 shares in the last quarter. Creative Planning raised its holdings in shares of Och-Ziff Capital Management Group by 4.5% in the 4th quarter. Creative Planning now owns 41,256 shares of the asset manager’s stock valued at $38,000 after purchasing an additional 1,792 shares in the last quarter. CWM Advisors LLC raised its holdings in shares of Och-Ziff Capital Management Group by 2.7% in the 4th quarter. CWM Advisors LLC now owns 70,392 shares of the asset manager’s stock valued at $65,000 after purchasing an additional 1,870 shares in the last quarter. Finally, SEI Investments Co bought a new stake in shares of Och-Ziff Capital Management Group in the 1st quarter valued at about $146,000.
About Och-Ziff Capital Management Group
Och-Ziff Capital Management Group LLC is a publicly owned hedge fund sponsor. The firm provides investment advisory services for its clients. It primarily caters to institutional investors which include pension funds, fund-of-funds, foundations and endowments, corporations and other institutions, private banks and family offices.
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