Och-Ziff Capital Management Gro (NYSE:OZM) Traded Above Its 50 Day Average


Shares of the company are trading at $3.39 which is just a bit higher than the 50 day moving average which is $3.18 and which is quite a bit higher than the 200 day moving average of $2.77. The 50 day moving average went up by +6.51% and the 200 day average was up $0.62. Trading was light with 13K shares changing hands on Tuesday. Overall, volume was down 98.29% under the stocks normal daily volume.

Short traders are feeling a little more bullish on shares of Och-Ziff Capital Management Gro lately if you take a look at the downtick in short interest. The company had a fall in short interest of -0.82% as of September 29, 2017 from the last reporting period. Short interest fell 15,353 over that timeframe. Days to cover decreased from 5.0 to 3.0 and the percentage of shorted shares is 0.01% as of September 29.

Here are a few substantial investment firms who have updated their positions. Ubs Group Ag divested its ownership by selling 3,800 shares a decrease of 11.8% as of 06/30/2017. Ubs Group Ag controls 28,300 shares valued at $72,000. The total value of its holdings decreased 1.4%. Nwam LLC trimmed its stake by shedding 2,073 shares a decrease of 5.9% from 03/31/2017 to 06/30/2017. Nwam LLC owns 33,101 shares with a value of $85,000. The value of the position overall is up by 7.6%.

Cutler Group LP bolstered its holdings by buying 16,447 shares an increase of 182,744.4%. Cutler Group LP now holds 16,456 shares worth $52,000. The value of the position overall is up by inf%. As of the end of the quarter Creative Planning had sold a total of 2,232 shares trimming its stake by 6.5%. The value of the investment in (OZM) went from $88,000 to $104,000 increasing 18.2% quarter over quarter.

The company is trading down since yesterday’s close of 3.46. The company declared a dividend that was paid on Monday the 21st of August 2017. The dividend was $0.020 per share for the quarter or $0.08 on an annualized basis. This dividend amount represented a yield of $2.31. The ex-dividend date was Thursday the 10th of August 2017.

In the last earnings report the EPS was $-0.41 and is projected to be $0.54 for the current year with 185,218,000 shares outstanding. Analysts expect next quarter’s EPS will be $0.34 and the next full year EPS is projected to be $0.35.

Och-Ziff Capital Management Group LLC (Och-Ziff), launched on June 6, 2007, 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. The Och-Ziff Funds segment provides asset management services to its multi-strategy funds, credit funds and other alternative investment vehicles. The real estate business segment provides asset management services to its real estate funds and is included within Other Operations. The Company offers customized solutions within and across its product platforms to help its fund investors meet their investment objectives..