Gamco Investors INC. ET AL Has $317,000 Position in Och-Ziff Capital Management Group LLC (OZM)

Gamco Investors INC. ET AL reduced its position in Och-Ziff Capital Management Group LLC (NYSE:OZM) by 31.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 98,500 shares of the asset manager’s stock after selling 45,000 shares during the period. Gamco Investors INC. ET AL owned about 0.05% of Och-Ziff Capital Management Group worth $317,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently bought and sold shares of OZM. K.J. Harrison & Partners Inc acquired a new position in shares of Och-Ziff Capital Management Group in the 2nd quarter valued at $155,000. Marshall Wace North America L.P. acquired a new position in shares of Och-Ziff Capital Management Group in the 2nd quarter valued at $162,000. Nationwide Fund Advisors acquired a new position in shares of Och-Ziff Capital Management Group in the 2nd quarter valued at $193,000. Credit Suisse AG acquired a new position in shares of Och-Ziff Capital Management Group in the 1st quarter valued at $226,000. Finally, Searle & CO. lifted its stake in shares of Och-Ziff Capital Management Group by 65.9% in the 2nd quarter. Searle & CO. now owns 100,700 shares of the asset manager’s stock valued at $258,000 after purchasing an additional 40,000 shares during the period. Hedge funds and other institutional investors own 16.97% of the company’s stock.

Och-Ziff Capital Management Group LLC (OZM) opened at $2.97 on Thursday. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of -2.61. The firm has a market cap of $1,590.07, a PE ratio of 12.12 and a beta of 1.33. Och-Ziff Capital Management Group LLC has a 1 year low of $2.15 and a 1 year high of $3.95.

Och-Ziff Capital Management Group (NYSE:OZM) last announced its quarterly earnings results on Thursday, November 2nd. The asset manager reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.04. The firm had revenue of $125.26 million for the quarter, compared to analysts’ expectations 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 company’s revenue was down 9.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.05 EPS. analysts expect that Och-Ziff Capital Management Group LLC will post 0.2 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Monday, November 20th. Stockholders of record on Monday, November 13th will be given a dividend of $0.02 per share. The ex-dividend date of this dividend is Friday, November 10th. This represents a $0.08 annualized dividend and a dividend yield of 2.69%. Och-Ziff Capital Management Group’s payout ratio is 100.01%.

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OZM has been the subject of several recent analyst reports. Zacks Investment Research lowered shares of Och-Ziff Capital Management Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 5th. Jefferies Group LLC boosted their price target on shares of Och-Ziff Capital Management Group from $3.00 to $3.50 and gave the stock a “hold” rating in a report on Wednesday, October 4th. ValuEngine lowered shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a report on Saturday, November 4th. BidaskClub lowered shares of Och-Ziff Capital Management Group from a “buy” rating to a “hold” rating in a report on Monday, July 31st. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $3.25 target price on shares of Och-Ziff Capital Management Group in a report on Tuesday, September 5th. Seven equities research analysts have rated the stock with a hold rating, The company presently has a consensus rating of “Hold” and a consensus target price of $3.25.

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.

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

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