Indexiq Advisors Lifted Its Evercore (EVR) Stake by $496,422; Och (OZM) Holder Glacier Peak Capital Has Upped Its Holding by $1.29 Million as Stock Price Declined

August 10, 2018 - By Carolyn Hewitt

Och-Ziff Capital Management Group LLC (NYSE:OZM) Logo

Glacier Peak Capital Llc increased its stake in Och (OZM) by 24.99% based on its latest 2018Q1 regulatory filing with the SEC. Glacier Peak Capital Llc bought 646,593 shares as the company’s stock declined 23.91% with the market. The hedge fund held 3.23 million shares of the investment managers company at the end of 2018Q1, valued at $8.64 million, up from 2.59M at the end of the previous reported quarter. Glacier Peak Capital Llc who had been investing in Och for a number of months, seems to be bullish on the $865.05 million market cap company. The stock decreased 1.04% or $0.02 during the last trading session, reaching $1.91. About 35,825 shares traded. Och-Ziff Capital Management Group LLC (NYSE:OZM) has declined 12.13% since August 10, 2017 and is downtrending. It has underperformed by 24.70% the S&P500. Some Historical OZM News: 02/05/2018 – OCH-ZIFF EST. AUM ABOUT $32.7B AS OF MAY 1, UP $.4B VS APRIL 1; 02/05/2018 – OCH-ZIFF CAPITAL MANAGEMENT IS SAID TO CLOSE ASIA FUND; 16/03/2018 – OCH-ZIFF MGMT SHORT POSITION IN ARCADIS: 0.98% VS 0.62%; 05/04/2018 – S&P REVISES OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC OUTLOOK TO ‘STABLE’ FROM ‘NEGATIVE’; RATING ‘BB-‘; 22/03/2018 – MOVES- Credit Suisse, Moelis, Ernst & Young; 22/03/2018 – Lauren Tara LaCapra: Hot hedge fund Coatue hires ex-Och-Ziff executive; 17/04/2018 – Och-Ziff Management Appoints Thomas M. Sipp Chief Fincl Officer; 02/05/2018 – Och-Ziff Capital Mgmt 1Q EPS 2c; 02/05/2018 – Och-Ziff Capital Mgmt Cuts Dividend to 2c Vs. 7c; 17/04/2018 – Och-Ziff Capital Management: Haas Will Remain Through June 1 For Transition

Indexiq Advisors Llc increased its stake in Evercore Inc (EVR) by 31.55% based on its latest 2018Q1 regulatory filing with the SEC. Indexiq Advisors Llc bought 5,706 shares as the company’s stock rose 15.16% while stock markets declined. The institutional investor held 23,794 shares of the investment managers company at the end of 2018Q1, valued at $2.08M, up from 18,088 at the end of the previous reported quarter. Indexiq Advisors Llc who had been investing in Evercore Inc for a number of months, seems to be bullish on the $4.81B market cap company. The stock decreased 1.85% or $2.07 during the last trading session, reaching $109.78. About 13,347 shares traded. Evercore Inc. (NYSE:EVR) has risen 56.56% since August 10, 2017 and is uptrending. It has outperformed by 43.99% the S&P500. Some Historical EVR News: 17/05/2018 – ♫ Reuters Insider – U.S. Day Ahead: Farm equipment and Pepperidge Farm earnings; 28/03/2018 David’s Bridal in talks to tap Evercore for debt restructuring

Investors sentiment increased to 1.18 in 2018 Q1. Its up 0.15, from 1.03 in 2017Q4. It improved, as 25 investors sold EVR shares while 103 reduced holdings. 54 funds opened positions while 97 raised stakes. 36.89 million shares or 0.99% more from 36.53 million shares in 2017Q4 were reported. Riverhead Management Limited Company has invested 0.01% in Evercore Inc. (NYSE:EVR). Stone Ridge Asset Management Lc holds 14,214 shares. Fort Washington Inv Advsr Incorporated Oh reported 171,829 shares. Lpl Fincl Limited Company accumulated 23,906 shares. Pinebridge LP holds 0.01% or 6,502 shares. Legal And General Gru Public Limited Co holds 0% or 44,383 shares. Captrust owns 884 shares for 0% of their portfolio. Glenmede Tru Company Na owns 521,613 shares or 0.2% of their US portfolio. Bnp Paribas Arbitrage Sa holds 0% of its portfolio in Evercore Inc. (NYSE:EVR) for 45,574 shares. Deroy & Devereaux Private Investment Counsel invested 0.21% of its portfolio in Evercore Inc. (NYSE:EVR). Moreover, Shelton Cap has 0.02% invested in Evercore Inc. (NYSE:EVR). Alps Advsr holds 0% in Evercore Inc. (NYSE:EVR) or 4,958 shares. New Mexico Educational Retirement Board invested in 11,600 shares or 0.04% of the stock. 247,360 were accumulated by Deutsche Bank & Trust Ag. Hanseatic owns 19 shares or 0% of their US portfolio.

Since February 13, 2018, it had 0 insider buys, and 8 sales for $33.51 million activity. 22,000 shares were sold by Walsh Robert B, worth $2.12 million. SCHLOSSTEIN RALPH also sold $7.19M worth of Evercore Inc. (NYSE:EVR) on Friday, April 27. SIBBALD ANDREW had sold 1,336 shares worth $129,612. Arellano Ostoa Augusto sold $1.81 million worth of stock or 17,665 shares.

Indexiq Advisors Llc, which manages about $1.21 billion and $3.11 billion US Long portfolio, decreased its stake in Physicians Rlty Tr (NYSE:DOC) by 23,245 shares to 175,047 shares, valued at $2.73M in 2018Q1, according to the filing. It also reduced its holding in Vanguard Scottsdale Fds (VMBS) by 492,011 shares in the quarter, leaving it with 792,355 shares, and cut its stake in Vanguard World Fds (VGT).

Among 11 analysts covering Evercore Partners (NYSE:EVR), 4 have Buy rating, 0 Sell and 7 Hold. Therefore 36% are positive. Evercore Partners had 30 analyst reports since September 8, 2015 according to SRatingsIntel. Craig Hallum downgraded Evercore Inc. (NYSE:EVR) on Wednesday, March 16 to “Hold” rating. Keefe Bruyette & Woods initiated the stock with “Mkt Perform” rating in Monday, March 27 report. The rating was upgraded by Bank of America on Thursday, February 16 to “Buy”. The company was upgraded on Tuesday, January 9 by UBS. The rating was maintained by Sandler O’Neill with “Buy” on Thursday, January 11. The company was maintained on Wednesday, January 10 by Keefe Bruyette & Woods. Nomura downgraded the stock to “Neutral” rating in Monday, November 9 report. UBS maintained it with “Neutral” rating and $46 target in Thursday, February 4 report. The firm earned “Neutral” rating on Tuesday, May 23 by Goldman Sachs. As per Wednesday, January 31, the company rating was maintained by Sandler O’Neill.

Another recent and important Evercore Inc. (NYSE:EVR) news was published by Seekingalpha.com which published an article titled: “Evercore Partners Inc. (EVR) CEO Ralph Schlosstein on Q2 2018 Results – Earnings Call Transcript” on July 25, 2018.

Investors sentiment decreased to 1.04 in 2018 Q1. Its down 0.17, from 1.21 in 2017Q4. It fall, as 8 investors sold OZM shares while 20 reduced holdings. 4 funds opened positions while 25 raised stakes. 75.86 million shares or 4.60% less from 79.52 million shares in 2017Q4 were reported. 66,626 were reported by Usca Ria Ltd Liability Company. Two Sigma Secs Ltd Liability invested in 27,913 shares. Peak6 Invs LP has 11,430 shares. Moreover, Odey Asset Mngmt Group Incorporated Limited has 1.91% invested in Och-Ziff Capital Management Group LLC (NYSE:OZM). First Republic Invest Mgmt invested 0.01% in Och-Ziff Capital Management Group LLC (NYSE:OZM). Jpmorgan Chase And holds 0% or 1.64M shares. Credit Capital Invests Ltd Co owns 227,253 shares. Moreover, Artemis Management Limited Liability Partnership has 0.14% invested in Och-Ziff Capital Management Group LLC (NYSE:OZM) for 3.31M shares. 3,393 were reported by Barclays Public Limited Com. Financial Bank Of America De holds 0% or 3.87M shares. Moors Cabot holds 0.02% of its portfolio in Och-Ziff Capital Management Group LLC (NYSE:OZM) for 50,000 shares. State Of New Jersey Common Pension Fund D invested in 0.02% or 1.90M shares. Knott David M accumulated 2,000 shares. Hotchkis & Wiley Ltd Limited Liability Company invested 0.01% in Och-Ziff Capital Management Group LLC (NYSE:OZM). Caz Ltd Partnership reported 125,000 shares stake.

More recent Och-Ziff Capital Management Group LLC (NYSE:OZM) news were published by: Benzinga.com which released: “Free Technical Briefing on Asset Management Stocks — Noah Holdings, Och-Ziff Capital Management, Prospect …” on July 18, 2018. Also Globenewswire.com published the news titled: “Oz Management Reports Second Quarter of 2018 Results” on August 02, 2018. Nasdaq.com‘s news article titled: “Oz Management to Announce 2018 Second Quarter Results and Host Investor Conference Call on August 2, 2018” with publication date: July 19, 2018 was also an interesting one.

Since April 6, 2018, it had 0 buys, and 8 selling transactions for $5.81 million activity. $167,682 worth of Och-Ziff Capital Management Group LLC (NYSE:OZM) shares were sold by Levine David Michael.

Among 10 analysts covering Och-Ziff Capital Management Group (NYSE:OZM), 4 have Buy rating, 0 Sell and 6 Hold. Therefore 40% are positive. Och-Ziff Capital Management Group had 35 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Outperform” rating given on Tuesday, May 31 by RBC Capital Markets. The firm has “Hold” rating given on Wednesday, July 5 by Keefe Bruyette & Woods. Keefe Bruyette & Woods maintained it with “Hold” rating and $3.2500 target in Wednesday, August 2 report. RBC Capital Markets maintained Och-Ziff Capital Management Group LLC (NYSE:OZM) rating on Thursday, July 21. RBC Capital Markets has “Outperform” rating and $5 target. The stock of Och-Ziff Capital Management Group LLC (NYSE:OZM) has “Sell” rating given on Thursday, August 25 by Citigroup. Citigroup upgraded the shares of OZM in report on Tuesday, February 20 to “Buy” rating. As per Monday, November 23, the company rating was upgraded by Keefe Bruyette & Woods. The rating was downgraded by Citigroup to “Neutral” on Monday, October 12. The firm has “Hold” rating given on Wednesday, October 4 by Jefferies. The rating was downgraded by JP Morgan on Thursday, February 16 to “Neutral”.

Och-Ziff Capital Management Group LLC (NYSE:OZM) Institutional Positions Chart

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