Equities research analysts forecast that Och-Ziff Capital Management Group LLC (NYSE:OZM) will report sales of $404.66 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Och-Ziff Capital Management Group’s earnings, with estimates ranging from $359.10 million to $450.21 million. Och-Ziff Capital Management Group reported sales of $281.26 million in the same quarter last year, which would suggest a positive year-over-year growth rate of 43.9%. The company is expected to issue its next quarterly earnings report on Wednesday, February 21st.

According to Zacks, analysts expect that Och-Ziff Capital Management Group will report full year sales of $404.66 million for the current fiscal year, with estimates ranging from $759.07 million to $850.18 million. For the next fiscal year, analysts expect that the firm will post sales of $695.78 million per share, with estimates ranging from $673.19 million to $718.37 million. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Och-Ziff Capital Management Group.

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

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sterneck Capital Management LLC increased its holdings in Och-Ziff Capital Management Group by 3.2% in the 2nd quarter. Sterneck Capital Management LLC now owns 417,995 shares of the asset manager’s stock valued at $1,070,000 after purchasing an additional 13,117 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Och-Ziff Capital Management Group by 1.6% during the 2nd quarter. Goldman Sachs Group Inc. now owns 965,999 shares of the asset manager’s stock worth $2,473,000 after purchasing an additional 15,557 shares during the last quarter. Hotchkis & Wiley Capital Management LLC lifted its position in shares of Och-Ziff Capital Management Group by 91.9% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 60,283 shares of the asset manager’s stock worth $194,000 after purchasing an additional 28,873 shares during the last quarter. Continental Advisors LLC lifted its position in shares of Och-Ziff Capital Management Group by 1.9% during the 3rd quarter. Continental Advisors LLC now owns 2,147,593 shares of the asset manager’s stock worth $6,915,000 after purchasing an additional 40,000 shares during the last quarter. Finally, Gamco Investors INC. ET AL lifted its position in shares of Och-Ziff Capital Management Group by 44.5% during the 2nd quarter. Gamco Investors INC. ET AL now owns 143,500 shares of the asset manager’s stock worth $367,000 after purchasing an additional 44,200 shares during the last quarter. 17.14% of the stock is currently owned by institutional investors and hedge funds.

Och-Ziff Capital Management Group (OZM) traded up $0.04 during trading on Thursday, reaching $2.54. The company’s stock had a trading volume of 933,959 shares, compared to its average volume of 824,335. The company has a debt-to-equity ratio of -2.61, a quick ratio of 1.57 and a current ratio of 1.57. The stock has a market capitalization of $1,350.00, a price-to-earnings ratio of 31.75 and a beta of 1.22. Och-Ziff Capital Management Group has a one year low of $2.15 and a one year high of $3.95.

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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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