Blue Ridge Capital L.L.C. Holds Position in Och-Ziff Capital Management Group LLC (OZM)

Blue Ridge Capital L.L.C. held its stake in Och-Ziff Capital Management Group LLC (NYSE:OZM) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,840,000 shares of the asset manager’s stock at the end of the first quarter. Blue Ridge Capital L.L.C. owned approximately 4.78% of Och-Ziff Capital Management Group worth $19,978,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Jane Street Group LLC raised its stake in Och-Ziff Capital Management Group by 292.1% in the first quarter. Jane Street Group LLC now owns 51,007 shares of the asset manager’s stock worth $115,000 after buying an additional 37,999 shares during the last quarter. Sterneck Capital Management LLC raised its stake in Och-Ziff Capital Management Group by 269.8% in the first quarter. Sterneck Capital Management LLC now owns 404,878 shares of the asset manager’s stock worth $915,000 after buying an additional 295,398 shares during the last quarter. Bank of America Corp DE raised its stake in Och-Ziff Capital Management Group by 10.3% in the first quarter. Bank of America Corp DE now owns 3,785,923 shares of the asset manager’s stock worth $8,556,000 after buying an additional 353,276 shares during the last quarter. Continental Advisors LLC raised its stake in Och-Ziff Capital Management Group by 98.9% in the first quarter. Continental Advisors LLC now owns 2,069,193 shares of the asset manager’s stock worth $4,676,000 after buying an additional 1,029,022 shares during the last quarter. Finally, Lucus Advisors LLC acquired a new stake in Och-Ziff Capital Management Group during the first quarter worth $421,000. 53.38% of the stock is currently owned by hedge funds and other institutional investors.

Institutional Ownership by Quarter for Och-Ziff Capital Management Group (NYSE:OZM)

Shares of Och-Ziff Capital Management Group LLC (NYSE OZM) traded down 1.64% on Tuesday, hitting $2.40. 225,324 shares of the stock were exchanged. The company’s market cap is $444.30 million. The company has a 50 day moving average of $2.40 and a 200 day moving average of $2.74. Och-Ziff Capital Management Group LLC has a 52-week low of $2.15 and a 52-week high of $4.78.

Och-Ziff Capital Management Group (NYSE:OZM) last announced its quarterly earnings data on Tuesday, May 2nd. The asset manager reported $0.07 EPS for the quarter, beating the consensus estimate of $0.02 by $0.05. The business had revenue of $133.21 million during the quarter, compared to analyst estimates of $104.31 million. Och-Ziff Capital Management Group had a negative return on equity of 41.72% and a negative net margin of 8.27%. The company’s revenue for the quarter was down 24.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.11 earnings per share. Equities research analysts forecast that Och-Ziff Capital Management Group LLC will post $0.41 earnings per share for the current year.

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A number of equities research analysts have weighed in on the stock. ValuEngine lowered shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Jefferies Group LLC reissued 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. Finally, Keefe, Bruyette & Woods reissued 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. Eight equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. Och-Ziff Capital Management Group presently has a consensus rating of “Hold” and a consensus target price of $3.78.

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.

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