Glacier Peak Capital LLC Has $8.64 Million Stake in Och-Ziff Capital Management Group LLC (OZM)

Glacier Peak Capital LLC grew its position in Och-Ziff Capital Management Group LLC (NYSE:OZM) by 25.0% in the first quarter, Holdings Channel reports. The fund owned 3,234,133 shares of the asset manager’s stock after buying an additional 646,593 shares during the quarter. Och-Ziff Capital Management Group comprises 5.2% of Glacier Peak Capital LLC’s portfolio, making the stock its 3rd biggest position. Glacier Peak Capital LLC’s holdings in Och-Ziff Capital Management Group were worth $8,635,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the company. North Run Capital LP increased its holdings in shares of Och-Ziff Capital Management Group by 6.6% in the fourth quarter. North Run Capital LP now owns 4,050,000 shares of the asset manager’s stock valued at $10,125,000 after purchasing an additional 250,000 shares in the last quarter. Deutsche Bank AG increased its holdings in shares of Och-Ziff Capital Management Group by 173.2% in the fourth quarter. Deutsche Bank AG now owns 2,444,399 shares of the asset manager’s stock valued at $6,110,000 after purchasing an additional 1,549,568 shares in the last quarter. Algebris UK Ltd increased its holdings in shares of Och-Ziff Capital Management Group by 23.6% in the first quarter. Algebris UK Ltd now owns 2,055,800 shares of the asset manager’s stock valued at $5,489,000 after purchasing an additional 392,400 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Och-Ziff Capital Management Group by 106.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,917,174 shares of the asset manager’s stock valued at $4,793,000 after purchasing an additional 989,191 shares in the last quarter. Finally, Renaissance Technologies LLC increased its holdings in shares of Och-Ziff Capital Management Group by 825.6% in the fourth quarter. Renaissance Technologies LLC now owns 1,506,953 shares of the asset manager’s stock valued at $3,767,000 after purchasing an additional 1,344,153 shares in the last quarter. Institutional investors own 16.43% of the company’s stock.

OZM traded up $0.01 during trading on Thursday, reaching $2.20. 126 shares of the company’s stock were exchanged, compared to its average volume of 749,538. The company has a debt-to-equity ratio of 29.62, a quick ratio of 3.18 and a current ratio of 3.18. Och-Ziff Capital Management Group LLC has a fifty-two week low of $1.91 and a fifty-two week high of $3.95. The firm has a market capitalization of $1.04 billion, a PE ratio of 4.29 and a beta of 1.02.



Och-Ziff Capital Management Group (NYSE:OZM) last released its earnings results on Wednesday, May 2nd. The asset manager reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.11 by ($0.03). Och-Ziff Capital Management Group had a negative return on equity of 222.73% and a net margin of 3.41%. The business had revenue of $123.00 million for the quarter, compared to analyst estimates of $145.94 million. equities analysts forecast that Och-Ziff Capital Management Group LLC will post 0.24 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Monday, May 21st. Shareholders of record on Monday, May 14th were issued a dividend of $0.02 per share. This represents a $0.08 dividend on an annualized basis and a yield of 3.64%. The ex-dividend date was Friday, May 11th. Och-Ziff Capital Management Group’s dividend payout ratio is presently 15.69%.

In other Och-Ziff Capital Management Group news, insider James S. Levin sold 357,634 shares of Och-Ziff Capital Management Group stock in a transaction on Monday, April 23rd. The shares were sold at an average price of $2.26, for a total transaction of $808,252.84. Following the completion of the sale, the insider now owns 490,659 shares of the company’s stock, valued at approximately $1,108,889.34. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider James S. Levin sold 29,700 shares of Och-Ziff Capital Management Group stock in a transaction on Friday, April 6th. The stock was sold at an average price of $2.34, for a total transaction of $69,498.00. Following the sale, the insider now directly owns 2,481,377 shares of the company’s stock, valued at approximately $5,806,422.18. The disclosure for this sale can be found here. Insiders have sold a total of 2,088,738 shares of company stock valued at $4,756,299 in the last ninety days. Company insiders own 62.31% of the company’s stock.

A number of brokerages recently weighed in on OZM. 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, April 19th. TheStreet raised shares of Och-Ziff Capital Management Group from a “d+” rating to a “c” rating in a report on Thursday, April 19th. Citigroup raised shares of Och-Ziff Capital Management Group from a “neutral” rating to a “buy” rating and raised their price target for the company from $2.90 to $4.50 in a report on Tuesday, February 20th. Keefe, Bruyette & Woods reissued a “hold” rating on shares of Och-Ziff Capital Management Group in a report on Friday, February 23rd. Finally, ValuEngine lowered shares of Och-Ziff Capital Management Group from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of $3.50.

About Och-Ziff Capital Management Group

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.

Want to see what other hedge funds are holding OZM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Och-Ziff Capital Management Group LLC (NYSE:OZM).

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

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