Insider Selling: Och-Ziff Capital Management Group LLC (OZM) CFO Sells 19,531 Shares of Stock

Och-Ziff Capital Management Group LLC (NYSE:OZM) CFO Thomas Michael Sipp sold 19,531 shares of the company’s stock in a transaction on Tuesday, May 14th. The shares were sold at an average price of $17.95, for a total value of $350,581.45. Following the completion of the transaction, the chief financial officer now owns 62,896 shares of the company’s stock, valued at $1,128,983.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Thomas Michael Sipp also recently made the following trade(s):

  • On Friday, May 10th, Thomas Michael Sipp sold 26,416 shares of Och-Ziff Capital Management Group stock. The shares were sold at an average price of $16.70, for a total value of $441,147.20.
  • On Friday, May 3rd, Thomas Michael Sipp sold 3,537 shares of Och-Ziff Capital Management Group stock. The shares were sold at an average price of $15.57, for a total value of $55,071.09.
  • On Tuesday, May 7th, Thomas Michael Sipp sold 9,242 shares of Och-Ziff Capital Management Group stock. The shares were sold at an average price of $15.83, for a total value of $146,300.86.

Och-Ziff Capital Management Group stock opened at $19.05 on Friday. The firm has a market capitalization of $974.15 million, a P/E ratio of 16.28 and a beta of 1.33. Och-Ziff Capital Management Group LLC has a 52 week low of $8.60 and a 52 week high of $23.00. The company has a quick ratio of 1.93, a current ratio of 1.93 and a debt-to-equity ratio of 5.03.

Och-Ziff Capital Management Group (NYSE:OZM) last released its earnings results on Thursday, March 7th. The asset manager reported $0.31 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.50 by ($0.19). The business had revenue of $166.42 million during the quarter, compared to analyst estimates of $145.79 million. Och-Ziff Capital Management Group had a negative net margin of 6.98% and a positive return on equity of 58.10%. Research analysts predict that Och-Ziff Capital Management Group LLC will post 1.88 EPS for the current year.

The company also recently declared a special dividend, which will be paid on Tuesday, May 28th. Shareholders of record on Monday, May 20th will be paid a dividend of $0.37 per share. The ex-dividend date is Friday, May 17th. This represents a yield of 5.25%. Och-Ziff Capital Management Group’s dividend payout ratio is presently 78.63%.

Several equities analysts recently commented on OZM shares. ValuEngine upgraded Och-Ziff Capital Management Group from a “sell” rating to a “hold” rating in a research note on Thursday, January 31st. Zacks Investment Research lowered Och-Ziff Capital Management Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, March 20th.

A number of large investors have recently made changes to their positions in OZM. BlackRock Inc. increased its stake in Och-Ziff Capital Management Group by 1,207.1% during the first quarter. BlackRock Inc. now owns 2,039 shares of the asset manager’s stock worth $33,000 after acquiring an additional 1,883 shares during the last quarter. Nwam LLC increased its stake in Och-Ziff Capital Management Group by 9.2% during the fourth quarter. Nwam LLC now owns 39,384 shares of the asset manager’s stock worth $36,000 after acquiring an additional 3,334 shares during the last quarter. Creative Planning increased its stake in Och-Ziff Capital Management Group by 4.5% during the fourth quarter. Creative Planning now owns 41,256 shares of the asset manager’s stock worth $38,000 after acquiring an additional 1,792 shares during the last quarter. CWM Advisors LLC increased its stake in Och-Ziff Capital Management Group by 2.7% during the fourth quarter. CWM Advisors LLC now owns 70,392 shares of the asset manager’s stock worth $65,000 after acquiring an additional 1,870 shares during the last quarter. Finally, SEI Investments Co acquired a new stake in Och-Ziff Capital Management Group during the first quarter worth about $146,000.

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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.

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Insider Buying and Selling by Quarter for Och-Ziff Capital Management Group (NYSE:OZM)

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