Dividend Worth Mentioning Today: Shareholders can safely expect $0.65 dividends by Nov 14, 2016, from Oaktree Capital Group, LLC (NYSE:OAK).

Dividend Worth Mentioning Today: Shareholders can safely expect $0.65 dividends by Nov 14, 2016, from Oaktree Capital Group, LLC (NYSE:OAK).

Oaktree Capital Group, LLC (NYSE:OAK) is expected to pay $0.65 on Nov 14, 2016. The indicated annual dividend is $2.60. Shareholders owning the stock before Nov 3, 2016 will be eligible to receive the payout. Based on Oaktree Capital Group, LLC’s current price of $40.45, the dividend is 1.61%. This dividend’s record date is Nov 7, 2016 and the announcement date is Oct 31, 2016. The stock closed at $40.45 during the last session. It is down 18.00% since March 31, 2016 and is downtrending. It has underperformed by 20.52% the S&P500.

Oaktree Capital Group, LLC is a global investment manager specializing in alternative investments. The company has a market cap of $6.09 billion. The Firm manages investments in a range of strategies within approximately six asset classes, which include corporate debt, convertible securities, distressed debt, control investing, real estate and listed equities. It has a 17.06 P/E ratio. The Company’s business consists of its investment management segment, which consists of the investment management services that it provides to its clients.

Insitutional Activity: The institutional sentiment decreased to 0.82 in Q2 2016. Its down 0.49, from 1.31 in 2016Q1. The ratio fall, as 24 funds sold all Oaktree Capital Group LLC shares owned while 53 reduced positions. 13 funds bought stakes while 50 increased positions. They now own 34.02 million shares or 10.69% less from 38.10 million shares in 2016Q1.
Wfg Advisors Lp accumulated 267 shares or 0% of the stock. Hsbc Pcl reported 5,519 shares or 0% of all its holdings. Independent Consultants, a Florida-based fund reported 1,360 shares. Sterling Invest Management accumulated 13,505 shares or 2.26% of the stock. Creative Planning has 16,778 shares for 0.01% of their US portfolio. Salem Counselors Inc has 46,325 shares for 0.25% of their US portfolio. Jackson Park Limited Liability Corp reported 68,000 shares or 4.17% of all its holdings. Moreover, Guggenheim Capital Ltd Liability Com has 0% invested in Oaktree Capital Group LLC (NYSE:OAK) for 12,276 shares. Hightower Advsrs Ltd Liability Co accumulated 0.02% or 41,479 shares. Neville Rodie & Shaw accumulated 0.11% or 20,200 shares. Insight 2811 Inc has 0.11% invested in the company for 6,200 shares. Tower Cap Limited Company (Trc) has 0% invested in the company for 260 shares. Arrowpoint Asset Mngmt Lc has 296,300 shares for 0.27% of their US portfolio. Pnc Gru, a Pennsylvania-based fund reported 10,959 shares. Moreover, Fort Washington Inv Incorporated Oh has 0.01% invested in Oaktree Capital Group LLC (NYSE:OAK) for 9,565 shares.

Insider Transactions: Since August 5, 2016, the stock had 0 buys, and 3 insider sales for $2.24 million net activity. Frank John sold $751,494 worth of Oaktree Capital Group LLC (NYSE:OAK) on Friday, August 5. Keele Larry W sold $740,176 worth of stock or 16,667 shares. Another trade for 16,667 shares valued at $751,542 was sold by KIRCHHEIMER DAVID M.

Oaktree Capital Group LLC (NYSE:OAK) Ratings Coverage

Out of 5 analysts covering Oaktree Capital Group (NYSE:OAK), 3 rate it a “Buy”, 1 “Sell”, while 1 “Hold”. This means 60% are positive. Oaktree Capital Group has been the topic of 14 analyst reports since July 30, 2015 according to StockzIntelligence Inc. On Monday, November 2 the stock rating was maintained by JP Morgan with “Neutral”. The rating was initiated by Goldman Sachs with “Conviction Buy” on Tuesday, August 11. The rating was maintained by Deutsche Bank on Friday, January 8 with “Buy”. The stock of Oaktree Capital Group LLC (NYSE:OAK) has “Underweight” rating given on Thursday, October 13 by Barclays Capital. The firm earned “Buy” rating on Friday, March 11 by Deutsche Bank. The stock of Oaktree Capital Group LLC (NYSE:OAK) has “Buy” rating given on Thursday, June 16 by Deutsche Bank. As per Friday, September 18, the company rating was maintained by Deutsche Bank. The rating was maintained by Barclays Capital with “Equal Weight” on Tuesday, August 11.

More notable recent Oaktree Capital Group LLC (NYSE:OAK) news were published by: Seekingalpha.com which released: “Oaktree Capital Group LLC (OAK) Q3 2016 Results – Earnings Call Transcript” on October 28, 2016, also Reuters.com with their article: “BRIEF-Oaktree Capital Group Llc Q3 adjusted EPS $0.92” published on October 28, 2016, Nasdaq.com published: “Ex-Dividend Reminder: AllianceBernstein Holding, Oaktree Capital Group and …” on November 01, 2016. More interesting news about Oaktree Capital Group LLC (NYSE:OAK) were released by: Forbes.com and their article: “Ex-Dividend Reminder: Oaktree Capital Group, Apple and Dolby Laboratories” published on August 02, 2016 as well as Seekingalpha.com‘s news article titled: “Oaktree Capital Group LLC (OAK) Jay Steven Wintrob on Q1 2016 Results …” with publication date: April 29, 2016.

OAK Company Profile

Oaktree Capital Group, LLC (Oaktree), incorporated on April 13, 2007, is a global investment manager specializing in alternative investments. The Firm manages investments in a range of strategies within approximately 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. (OCGH), which owns approximately 100% of the Company’s outstanding Class B units. OCGH is owned by the OCGH unitholders. The Company’s activities are conducted through a group of operating entities collectively referred to as the Oaktree Operating Group.

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