Avis Budget Group CAR (CAR) Received “Overweight” By JP Morgan; Och-Ziff Capital Management Group (OZM) Covered By 3 Bulls

August 7, 2017 - By Vivian Currie

The stock increased 4.21% or $1.3 on August 4, reaching $32.21. About shares traded. Avis Budget Group Inc. (NYSE:CAR) has declined 14.90% since August 7, 2016 and is downtrending. It has underperformed by 31.60% the S&P500.

Among 10 analysts covering Och-Ziff Capital Management Group (NYSE:OZM), 3 have Buy rating, 0 Sell and 7 Hold. Therefore 30% are positive. Och-Ziff Capital Management Group had 30 analyst reports since August 6, 2015 according to SRatingsIntel. The stock of Och-Ziff Capital Management Group LLC (NYSE:OZM) has “Neutral” rating given on Thursday, February 16 by JP Morgan. The stock of Och-Ziff Capital Management Group LLC (NYSE:OZM) has “Hold” rating given on Wednesday, June 28 by Jefferies. The rating was upgraded by Citigroup on Monday, November 7 to “Neutral”. The stock has “Neutral” rating by Compass Point on Friday, February 12. The firm has “Sell” rating by Citigroup given on Thursday, August 25. The rating was maintained by Wood with “Market Perform” on Friday, October 14. The firm has “Neutral” rating given on Tuesday, August 11 by Goldman Sachs. On Wednesday, November 4 the stock rating was downgraded by Keefe Bruyette & Woods to “Market Perform”. The stock has “Hold” rating by Wood on Thursday, April 13. The firm has “Outperform” rating by RBC Capital Markets given on Thursday, July 21. See Och-Ziff Capital Management Group LLC (NYSE:OZM) latest ratings:

02/08/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $3.2500 Maintain
02/08/2017 Broker: Jefferies Rating: Hold New Target: $2.5000 Maintain
05/07/2017 Broker: Keefe Bruyette & Woods Rating: Hold New Target: $2.5000 Maintain
28/06/2017 Broker: Jefferies Rating: Hold New Target: $2.5000 Maintain
13/04/2017 Broker: Wood Rating: Hold New Target: $2.50 Maintain
16/02/2017 Broker: JP Morgan Old Rating: Overweight New Rating: Neutral Downgrade

Investors sentiment decreased to 0.83 in Q4 2016. Its down 0.23, from 1.06 in 2016Q3. It dropped, as 27 investors sold Avis Budget Group Inc. shares while 95 reduced holdings. 37 funds opened positions while 64 raised stakes. 89.88 million shares or 2.20% less from 91.91 million shares in 2016Q3 were reported. Voloridge Inv Management holds 0.12% or 148,789 shares in its portfolio. Hutchin Hill Lp invested in 0.04% or 31,000 shares. Canyon Capital Advsrs Limited stated it has 978,777 shares. Spot Trading Ltd Co has invested 0.01% in Avis Budget Group Inc. (NASDAQ:CAR). Mason Street Limited owns 41,020 shares. Bbt Capital Lc holds 407,449 shares. Winfield Assocs reported 50 shares stake. Wells Fargo And Mn accumulated 1.37M shares or 0.02% of the stock. Srs Inv Management Ltd Llc reported 8.50 million shares. The Minnesota-based Thrivent Fin For Lutherans has invested 0% in Avis Budget Group Inc. (NASDAQ:CAR). Prudential Inc holds 0.02% in Avis Budget Group Inc. (NASDAQ:CAR) or 333,546 shares. California State Teachers Retirement holds 0.01% of its portfolio in Avis Budget Group Inc. (NASDAQ:CAR) for 161,400 shares. Us Bank & Trust De reported 2,042 shares stake. Grt Cap Prtn Limited Liability Corporation has invested 0.33% of its portfolio in Avis Budget Group Inc. (NASDAQ:CAR). First Manhattan invested in 0.07% or 301,590 shares.

Avis Budget Group Inc. is a provider of vehicle rental and car sharing services. The company has market cap of $2.71 billion. The Firm operates three brands, which include Avis, Budget and Zipcar. It has a 30.62 P/E ratio. Avis and Budget are a rental car supplier.

Since February 17, 2017, it had 0 insider buys, and 2 sales for $56,701 activity. Hardy John D. Jr. had sold 992 shares worth $26,982 on Friday, May 5.

Och-Ziff Capital Management Group LLC is an institutional alternative asset manager. The company has market cap of $1.51 billion. The Firm provides asset management services through its funds, which pursue a range of global investment opportunities. It has a 37.21 P/E ratio. The Firm operates through two divisions: the Och-Ziff Funds and real estate business.