Freestone Capital Holdings LLC Continues to Hold Position in Och-Ziff Capital Management Group LLC (OZM)

Freestone Capital Holdings LLC continued to hold its position in Och-Ziff Capital Management Group LLC (NYSE:OZM) during the 2nd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 456,792 shares of the asset manager’s stock at the close of the 2nd quarter. Freestone Capital Holdings LLC owned 0.25% of Och-Ziff Capital Management Group worth $1,169,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in OZM. Abrams Capital Management L.P. increased its stake in Och-Ziff Capital Management Group by 17.4% during the 1st quarter. Abrams Capital Management L.P. now owns 22,238,592 shares of the asset manager’s stock valued at $50,259,000 after purchasing an additional 3,288,600 shares in the last quarter. SG Americas Securities LLC bought a new stake in Och-Ziff Capital Management Group during the 2nd quarter valued at about $5,120,000. Artemis Investment Management LLP increased its stake in Och-Ziff Capital Management Group by 69.0% during the 2nd quarter. Artemis Investment Management LLP now owns 2,740,000 shares of the asset manager’s stock valued at $7,001,000 after purchasing an additional 1,118,975 shares in the last quarter. Continental Advisors LLC increased its stake in Och-Ziff Capital Management Group by 98.9% during the 1st quarter. Continental Advisors LLC now owns 2,069,193 shares of the asset manager’s stock valued at $4,676,000 after purchasing an additional 1,029,022 shares in the last quarter. Finally, Glacier Peak Capital LLC increased its stake in Och-Ziff Capital Management Group by 42.5% during the 2nd quarter. Glacier Peak Capital LLC now owns 2,039,388 shares of the asset manager’s stock valued at $5,221,000 after purchasing an additional 608,468 shares in the last quarter. Institutional investors and hedge funds own 48.23% of the company’s stock.

TRADEMARK VIOLATION NOTICE: “Freestone Capital Holdings LLC Continues to Hold Position in Och-Ziff Capital Management Group LLC (OZM)” was originally posted by BBNS and is owned by of BBNS. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & international copyright laws. The legal version of this piece of content can be read at https://baseballnewssource.com/markets/freestone-capital-holdings-llc-has-1169000-stake-in-och-ziff-capital-management-group-llc-ozm/1601355.html.

A number of analysts have weighed in on the stock. BidaskClub lowered shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. Keefe, Bruyette & Woods restated a “hold” rating and set a $3.25 price objective on shares of Och-Ziff Capital Management Group in a research note on Tuesday, September 5th. Zacks Investment Research upgraded shares of Och-Ziff Capital Management Group from a “hold” rating to a “strong-buy” rating and set a $3.25 price target for the company in a research note on Friday, July 14th. Jefferies Group LLC reiterated a “hold” rating and issued a $2.50 price target on shares of Och-Ziff Capital Management Group in a research note on Wednesday, June 28th. Finally, ValuEngine lowered shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Eight research analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $3.57.

Shares of Och-Ziff Capital Management Group LLC (NYSE OZM) traded up 0.35% during mid-day trading on Friday, reaching $2.90. 14,738 shares of the company traded hands. The firm has a 50-day moving average price of $2.93 and a 200 day moving average price of $2.61. The firm’s market capitalization is $537.13 million. 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 issued its quarterly earnings data on Wednesday, August 2nd. The asset manager reported $0.10 EPS for the quarter, topping analysts’ consensus estimates of $0.02 by $0.08. The business had revenue of $148.95 million for the quarter, compared to analysts’ expectations of $90.65 million. Och-Ziff Capital Management Group had a net margin of 4.46% and a negative return on equity of 55.73%. During the same quarter last year, the company earned $0.06 EPS. On average, analysts anticipate that Och-Ziff Capital Management Group LLC will post $0.55 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 21st. Stockholders of record on Monday, August 14th were paid a dividend of $0.02 per share. The ex-dividend date of this dividend was Thursday, August 10th. This represents a $0.08 dividend on an annualized basis and a dividend yield of 2.77%. Och-Ziff Capital Management Group’s payout ratio is 80.00%.

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)

Receive News & Ratings for Och-Ziff Capital Management Group LLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Och-Ziff Capital Management Group LLC and related companies with our FREE daily email newsletter.

 


Latest News

Young Girl Hit by Foul Ball Rushed to Hospital
Young Girl Hit by Foul Ball Rushed to Hospital
New Home Run Record Reached in Major League Baseball
New Home Run Record Reached in Major League Baseball
Will 2017 MLB Season End with No 20-Game Winner?
Will 2017 MLB Season End with No 20-Game Winner?
Cleveland Indians Winning Streak Snapped at 22
Cleveland Indians Winning Streak Snapped at 22
Tigers Player Might Play All Nine Positions During Same Game
Tigers Player Might Play All Nine Positions During Same Game
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster
Fans Kicked Out of Fenway Park After Racist Banner Hung on Green Monster


Leave a Reply

 
© 2006-2017 BBNS.