Hotchkis & Wiley Capital Management LLC Has $194,000 Position in Och-Ziff Capital Management Group LLC (OZM)

Hotchkis & Wiley Capital Management LLC lifted its holdings in Och-Ziff Capital Management Group LLC (NYSE:OZM) by 91.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,283 shares of the asset manager’s stock after purchasing an additional 28,873 shares during the period. Hotchkis & Wiley Capital Management LLC’s holdings in Och-Ziff Capital Management Group were worth $194,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Marshall Wace North America L.P. acquired a new stake in shares of Och-Ziff Capital Management Group in the 2nd quarter valued at $162,000. Nationwide Fund Advisors acquired a new stake in shares of Och-Ziff Capital Management Group in the 2nd quarter valued at $193,000. Credit Suisse AG acquired a new stake in shares of Och-Ziff Capital Management Group in the 1st quarter valued at $226,000. Advisor Group Inc. acquired a new stake in shares of Och-Ziff Capital Management Group in the 3rd quarter valued at $258,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of Och-Ziff Capital Management Group in the 1st quarter valued at $365,000. 17.10% of the stock is owned by institutional investors and hedge funds.

Several research firms recently issued reports on OZM. ValuEngine lowered shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research note on Saturday, November 4th. Zacks Investment Research raised shares of Och-Ziff Capital Management Group from a “sell” rating to a “hold” rating in a research note on Wednesday, November 8th. Jefferies Group lifted their price objective on shares of Och-Ziff Capital Management Group from $3.00 to $3.50 and gave the company a “hold” rating in a research note on Wednesday, October 4th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and issued a $3.25 price objective on shares of Och-Ziff Capital Management Group in a research note on Tuesday, September 5th. Seven investment analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and an average target price of $3.25.

Och-Ziff Capital Management Group LLC (OZM) traded down $0.04 during trading on Friday, reaching $2.91. 691,254 shares of the company’s stock were exchanged, compared to its average volume of 824,070. The firm has a market cap of $1,548.09, a price-to-earnings ratio of 11.80 and a beta of 1.24. The company has a debt-to-equity ratio of -2.61, a quick ratio of 1.57 and a current ratio of 1.57. Och-Ziff Capital Management Group LLC has a 52-week low of $2.15 and a 52-week high of $3.95.

Och-Ziff Capital Management Group (NYSE:OZM) last released its earnings results on Thursday, November 2nd. The asset manager reported $0.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.04. The firm had revenue of $125.26 million during the quarter, compared to analyst estimates of $101.92 million. Och-Ziff Capital Management Group had a net margin of 3.35% and a negative return on equity of 54.57%. The business’s revenue was down 9.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.05 EPS. analysts forecast that Och-Ziff Capital Management Group LLC will post 0.2 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Monday, November 20th. Shareholders of record on Monday, November 13th were given a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 2.75%. The ex-dividend date of this dividend was Friday, November 10th. Och-Ziff Capital Management Group’s dividend payout ratio is 100.01%.

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Och-Ziff Capital Management Group 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.

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

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