Oaktree Capital Group LLC Unit (NYSE:OAK) Major Shareholder Oaktree Capital Group Holdings Purchases 100,000 Shares

Oaktree Capital Group LLC Unit (NYSE:OAK) major shareholder Oaktree Capital Group Holdings bought 100,000 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The shares were acquired at an average price of $4.00 per share, with a total value of $400,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Oaktree Capital Group Holdings also recently made the following trade(s):

  • On Monday, August 12th, Oaktree Capital Group Holdings bought 20,899 shares of Oaktree Capital Group LLC Unit stock. The shares were acquired at an average price of $4.03 per share, with a total value of $84,222.97.
  • On Monday, August 5th, Oaktree Capital Group Holdings bought 200,000 shares of Oaktree Capital Group LLC Unit stock. The shares were acquired at an average price of $4.24 per share, with a total value of $848,000.00.
  • On Friday, August 2nd, Oaktree Capital Group Holdings bought 150,000 shares of Oaktree Capital Group LLC Unit stock. The shares were acquired at an average price of $4.44 per share, with a total value of $666,000.00.
  • On Monday, July 29th, Oaktree Capital Group Holdings bought 150,000 shares of Oaktree Capital Group LLC Unit stock. The shares were acquired at an average price of $4.62 per share, with a total value of $693,000.00.
  • On Thursday, July 25th, Oaktree Capital Group Holdings bought 1,000,000 shares of Oaktree Capital Group LLC Unit stock. The shares were acquired at an average price of $4.76 per share, with a total value of $4,760,000.00.
  • On Wednesday, June 12th, Oaktree Capital Group Holdings bought 27,300 shares of Oaktree Capital Group LLC Unit stock. The shares were acquired at an average price of $4.67 per share, with a total value of $127,491.00.
  • On Wednesday, June 5th, Oaktree Capital Group Holdings bought 500,000 shares of Oaktree Capital Group LLC Unit stock. The shares were acquired at an average price of $4.70 per share, with a total value of $2,350,000.00.
  • On Monday, June 3rd, Oaktree Capital Group Holdings bought 76,800 shares of Oaktree Capital Group LLC Unit stock. The shares were acquired at an average price of $4.62 per share, with a total value of $354,816.00.
  • On Thursday, May 30th, Oaktree Capital Group Holdings bought 32,509 shares of Oaktree Capital Group LLC Unit stock. The shares were acquired at an average price of $4.62 per share, with a total value of $150,191.58.

OAK opened at $51.20 on Friday. The firm has a market cap of $8.15 billion, a P/E ratio of 19.47, a PEG ratio of 2.46 and a beta of 0.53. Oaktree Capital Group LLC Unit has a 1-year low of $38.65 and a 1-year high of $51.80. The company has a 50 day simple moving average of $50.42 and a two-hundred day simple moving average of $48.27. The company has a debt-to-equity ratio of 2.84, a current ratio of 2.20 and a quick ratio of 2.20.

Oaktree Capital Group LLC Unit (NYSE:OAK) last posted its quarterly earnings results on Thursday, July 25th. The asset manager reported $0.57 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.64 by ($0.07). The firm had revenue of $313.48 million during the quarter, compared to the consensus estimate of $311.80 million. Oaktree Capital Group LLC Unit had a return on equity of 18.93% and a net margin of 17.16%. The business’s revenue for the quarter was up 47.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.51 earnings per share. Equities analysts anticipate that Oaktree Capital Group LLC Unit will post 3.49 earnings per share for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its position in shares of Oaktree Capital Group LLC Unit by 43.3% in the second quarter. JPMorgan Chase & Co. now owns 4,686,952 shares of the asset manager’s stock worth $231,957,000 after purchasing an additional 1,415,213 shares during the period. Morgan Stanley boosted its position in shares of Oaktree Capital Group LLC Unit by 49.3% during the second quarter. Morgan Stanley now owns 3,271,597 shares of the asset manager’s stock worth $162,075,000 after acquiring an additional 1,079,652 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Oaktree Capital Group LLC Unit by 142.8% during the second quarter. Bank of America Corp DE now owns 2,045,336 shares of the asset manager’s stock worth $101,327,000 after acquiring an additional 1,202,979 shares during the last quarter. Bank of Montreal Can boosted its position in shares of Oaktree Capital Group LLC Unit by 374.4% during the second quarter. Bank of Montreal Can now owns 1,627,966 shares of the asset manager’s stock worth $80,650,000 after acquiring an additional 1,284,803 shares during the last quarter. Finally, BlackRock Inc. bought a new position in shares of Oaktree Capital Group LLC Unit during the second quarter worth $74,685,000. Institutional investors and hedge funds own 32.17% of the company’s stock.

Separately, Zacks Investment Research lowered shares of Oaktree Capital Group LLC Unit from a “buy” rating to a “hold” rating in a research report on Tuesday, July 30th. Six equities research analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and an average target price of $47.00.

Oaktree Capital Group LLC Unit Company Profile

Oaktree Capital Group, LLC operates as a global investment management firm that focuses on alternative markets. It manage investments in a number of strategies within six asset classes, including distressed debt; corporate debt, including high yield debt and senior loans; control investing; convertible securities; real estate; and listed equities.

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Insider Buying and Selling by Quarter for Oaktree Capital Group LLC Unit (NYSE:OAK)

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