Och-Ziff Capital Management Group LLC (OZM) Shares Sold by North Run Capital LP

North Run Capital LP cut its position in Och-Ziff Capital Management Group LLC (NYSE:OZM) by 34.3% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 2,300,000 shares of the company’s stock after selling 1,200,000 shares during the period. Och-Ziff Capital Management Group comprises approximately 2.3% of North Run Capital LP’s portfolio, making the stock its 13th largest position. North Run Capital LP owned 1.27% of Och-Ziff Capital Management Group worth $7,613,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Blue Ridge Capital L.L.C. purchased a new stake in shares of Och-Ziff Capital Management Group during the second quarter valued at about $33,592,000. Sandia Holdings LLC bought a new position in Och-Ziff Capital Management Group during the fourth quarter valued at $11,178,000. Abrams Capital Management L.P. increased its position in Och-Ziff Capital Management Group by 11.2% in the fourth quarter. Abrams Capital Management L.P. now owns 18,949,992 shares of the company’s stock valued at $62,724,000 after buying an additional 1,909,342 shares in the last quarter. JPMorgan Chase & Co. increased its position in Och-Ziff Capital Management Group by 49.6% in the third quarter. JPMorgan Chase & Co. now owns 4,772,358 shares of the company’s stock valued at $20,712,000 after buying an additional 1,582,140 shares in the last quarter. Finally, Quinn Opportunity Partners LLC increased its position in Och-Ziff Capital Management Group by 3,018.9% in the fourth quarter. Quinn Opportunity Partners LLC now owns 717,338 shares of the company’s stock valued at $2,374,000 after buying an additional 694,338 shares in the last quarter. 52.74% of the stock is currently owned by institutional investors.

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

Och-Ziff Capital Management Group LLC (NYSE:OZM) traded down 0.55% during trading on Monday, hitting $3.59. The stock had a trading volume of 625,533 shares. Och-Ziff Capital Management Group LLC has a one year low of $2.65 and a one year high of $4.78. The firm has a 50 day moving average of $3.30 and a 200-day moving average of $3.45. The company’s market cap is $652.32 million.

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Several equities analysts have recently weighed in on the company. Citigroup Inc. reissued a “sell” rating on shares of Och-Ziff Capital Management Group in a research report on Tuesday, October 18th. Zacks Investment Research raised Och-Ziff Capital Management Group from a “hold” rating to a “strong-buy” rating and set a $3.75 target price on the stock in a research report on Saturday, January 7th. Credit Suisse Group reissued a “hold” rating and set a $3.00 target price on shares of Och-Ziff Capital Management Group in a research report on Monday, November 7th. Finally, Jefferies Group LLC reissued a “hold” rating and set a $3.00 target price on shares of Och-Ziff Capital Management Group in a research report on Tuesday, November 8th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and a consensus price target of $4.08.

In related news, major shareholder Abrams Capital Management, L.P purchased 513,480 shares of the firm’s stock in a transaction that occurred on Friday, December 30th. The shares were bought at an average cost of $3.19 per share, with a total value of $1,638,001.20. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Erez Elisha sold 27,669 shares of Och-Ziff Capital Management Group stock in a transaction that occurred on Friday, December 30th. The shares were sold at an average price of $3.25, for a total transaction of $89,924.25. Following the sale, the insider now directly owns 27,669 shares in the company, valued at $89,924.25. The disclosure for this sale can be found here. Insiders have purchased a total of 4,036,907 shares of company stock worth $12,936,401 over the last ninety days. 63.20% of the stock is currently owned by insiders.

About Och-Ziff Capital Management Group

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 Other Operations.

5 Day Chart for NYSE:OZM

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