Och-Ziff Capital Management (OZM) Insider James S. Levin Sells 777,800 Shares

Och-Ziff Capital Management (NYSE:OZM) insider James S. Levin sold 777,800 shares of the company’s stock in a transaction on Wednesday, April 11th. The shares were sold at an average price of $2.26, for a total value of $1,757,828.00. Following the completion of the transaction, the insider now directly owns 1,830,872 shares in the company, valued at approximately $4,137,770.72. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of NYSE:OZM opened at $2.35 on Friday. The company has a debt-to-equity ratio of -5.94, a quick ratio of 2.80 and a current ratio of 2.80. Och-Ziff Capital Management has a 12-month low of $2.14 and a 12-month high of $3.95. The firm has a market cap of $1,138.78, a price-to-earnings ratio of 4.51 and a beta of 1.02.

Och-Ziff Capital Management (NYSE:OZM) last announced its earnings results on Friday, February 16th. The asset manager reported $0.27 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.06. Och-Ziff Capital Management had a net margin of 2.46% and a negative return on equity of 136.75%. The company had revenue of $438.24 million for the quarter, compared to the consensus estimate of $450.09 million. During the same period in the previous year, the business earned $0.01 EPS. The company’s revenue was up 55.8% on a year-over-year basis. sell-side analysts forecast that Och-Ziff Capital Management will post 0.46 earnings per share for the current fiscal year.



A number of large investors have recently made changes to their positions in the business. Searle & CO. raised its stake in Och-Ziff Capital Management by 27.1% during the 4th quarter. Searle & CO. now owns 131,200 shares of the asset manager’s stock valued at $328,000 after purchasing an additional 28,000 shares during the period. LPL Financial LLC raised its stake in Och-Ziff Capital Management by 125.2% during the 4th quarter. LPL Financial LLC now owns 53,958 shares of the asset manager’s stock valued at $135,000 after purchasing an additional 30,000 shares during the period. Citadel Advisors LLC raised its stake in Och-Ziff Capital Management by 677.8% during the 4th quarter. Citadel Advisors LLC now owns 48,225 shares of the asset manager’s stock valued at $121,000 after purchasing an additional 42,025 shares during the period. Credit Capital Investments LLC raised its stake in Och-Ziff Capital Management by 29.1% during the 4th quarter. Credit Capital Investments LLC now owns 193,626 shares of the asset manager’s stock valued at $484,000 after purchasing an additional 43,626 shares during the period. Finally, Bourgeon Capital Management LLC raised its stake in Och-Ziff Capital Management by 250.0% during the 4th quarter. Bourgeon Capital Management LLC now owns 70,000 shares of the asset manager’s stock valued at $175,000 after purchasing an additional 50,000 shares during the period. 17.16% of the stock is currently owned by institutional investors.

Several research analysts have issued reports on the company. Zacks Investment Research raised Och-Ziff Capital Management from a “hold” rating to a “buy” rating and set a $2.75 price target on the stock in a report on Thursday, January 4th. Keefe, Bruyette & Woods reaffirmed a “hold” rating on shares of Och-Ziff Capital Management in a report on Friday, February 23rd. ValuEngine cut Och-Ziff Capital Management from a “buy” rating to a “hold” rating in a report on Thursday, March 1st. Finally, Citigroup raised Och-Ziff Capital Management from a “neutral” rating to a “buy” rating and upped their price target for the company from $2.90 to $4.50 in a report on Tuesday, February 20th. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Och-Ziff Capital Management has a consensus rating of “Hold” and an average price target of $3.50.

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Och-Ziff Capital Management Company Profile

Och-Ziff Capital Management Group LLC is a publicly owned hedge fund sponsor. The firm provides investment advisory services for its clients. It primarily caters to institutional investors which include pension funds, fund-of-funds, foundations and endowments, corporations and other institutions, private banks and family offices.

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