Och-Ziff Capital Management Group LLC (NYSE:OZM) registered a 3.69% increase, still its new closing price is 27.17% up from the company’s 1 year high of 5.44.It posted 5.64% gains in previous 5 sessions and is now the subject of 6 analysts who together assign a hold rating on stock. 0 of Wall Street analysts have an underperform rating; the 0 sells versus 0 buy or better ratings. The 7 stock analysts following this company have an average price target at $3.43, with individual PT in the $3.00-$5.00 range. The shares moved at $3.37, implying that brokerage firms see shares losing about -36.17% in twelve months time.
Och-Ziff Capital Management Group LLC (OZM) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a 1.81% rise year to date. A 10% Owner at Och-Ziff Capital Management Group LLC (OZM) acquired shares in a transaction closed on Tuesday January 24, 2017. ABRAMS CAPITAL MANAGEMENT, L.P bought 1,357,680 shares in the company at $3.2 each and collected $4,344,001 in proceeds. ABRAMS CAPITAL MANAGEMENT, L.P now owns 22,238,592 shares in the company after this transaction. A 10% Owner in the company, ABRAMS CAPITAL MANAGEMENT, L.P, disclosed a transaction on Wednesday January 11, 2017 that ended up paying $797,001 from the purchase of 250,000 shares at $3.19 per share.
Och-Ziff Capital Management Group LLC (NYSE:OZM) Upcoming Results on Tap
Och-Ziff Capital Management Group LLC will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.04 in that period. Sales during the quarter are predicted to arrive at $108.43 million.
Earnings surprise history: Last quarter, the company posted approximately $138.84 million in revenue and EPS of $0.38. The mean forecast was for $136 million and $0.06 a share, respectively. One quarter earlier, revenue for the stock was at $142.1 million, with earnings at $-0.35/share.
Och-Ziff Capital Management Group LLC (OZM) Brokerage Update
Och-Ziff Capital Management Group LLC (OZM) is in Citigroup’s research list so their analyst rating change is noteworthy. These shares were upgraded to Neutral from Sell by Citigroup, according to news reported on Monday November 07, 2016.Another important research note was issued by Citigroup on Thursday August 25, 2016.The firm downgraded OZM to Sell from Neutral. Over the last six months and over the last three months, the shares of Och-Ziff Capital Management Group LLC (OZM), have changed -10.37% and 10.49%, respectively.