VNB Trust sold its position in shares of Oaktree Capital Group LLC (NYSE:OAK) during the fourth quarter, according to its most recent disclosure with the SEC. The firm previously had a 7,100 share position in the company, valued at approximately $306,365. VNB Trust had fully closed out its position in company by the time it had filed its quarterly disclosure.

Separately, Osborn Rohs Williams & Donohoe increased its stake in shares of Oaktree Capital Group by 4.0% in the fourth quarter. Osborn Rohs Williams & Donohoe now owns 18,050 shares of the company’s stock worth $861,000 after buying an additional 700 shares in the last quarter.

Shares of Oaktree Capital Group LLC (NYSE:OAK) traded down 0.55% on Wednesday, reaching $43.15. The company had a trading volume of 159,540 shares. Oaktree Capital Group LLC has a one year low of $38.66 and a one year high of $57.07. The company’s 50-day moving average is $45.31 and its 200-day moving average is $49.86. The company has a market capitalization of $2.10 billion and a PE ratio of 23.73.

Oaktree Capital Group (NYSE:OAK) last issued its earnings results on Thursday, October 29th. The company reported $0.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.03. The business had revenue of $178.87 million for the quarter, compared to the consensus estimate of $239.29 million. The company’s revenue was down 35.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.47 EPS. Equities research analysts predict that Oaktree Capital Group LLC will post $1.64 earnings per share for the current year.

A number of brokerages have recently commented on OAK. Keefe, Bruyette & Woods dropped their price target on Oaktree Capital Group from $61.00 to $57.00 and set a “buy” rating for the company in a research note on Wednesday, January 13th. Barclays dropped their price target on Oaktree Capital Group from $50.00 to $49.00 in a research note on Tuesday, December 8th. Goldman Sachs cut Oaktree Capital Group from a “conviction-buy” rating to a “buy” rating in a research note on Monday, January 11th. Deutsche Bank dropped their price target on Oaktree Capital Group from $52.00 to $48.00 and set a “buy” rating for the company in a research note on Tuesday, January 19th. Finally, JPMorgan Chase & Co. increased their price target on Oaktree Capital Group from $59.00 to $61.00 and gave the company a “neutral” rating in a research note on Monday, November 2nd. One analyst has rated the stock with a sell rating, four have assigned a hold rating and four have assigned a buy rating to the stock. Oaktree Capital Group currently has an average rating of “Hold” and an average target price of $57.86.

In other news, Director Marna C. Whittington purchased 2,000 shares of Oaktree Capital Group stock in a transaction dated Monday, November 30th. The stock was purchased at an average cost of $48.98 per share, for a total transaction of $97,960.00. Following the transaction, the director now directly owns 12,326 shares of the company’s stock, valued at $603,727.48. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website.

Oaktree Capital Group, LLC (NYSE:OAK) is a global investment manager specializing in alternative investments. The Company manages investments in a range of strategies within six asset classes, which include corporate debt, convertible securities, distressed debt, control investing, real estate and listed equities. The Company’s business consists of its investment management segment, which consists of the investment management services that the Company provides to its clients. Oaktree Capital Group Holdings GP, LLC acts as the Company’s manager and is the general partner of Oaktree Capital Group Holdings, L.P., which owns 100% of the Company’s outstanding Class B units. OCGH is owned by the OCGH unitholders. The Funds managed by Oaktree include both separate accounts and commingled funds. The commingled funds include open-end and closed-end limited partnerships. The Company’s manager is Oaktree Capital Group Holdings GP, LLC.

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