NEW YORK, March 7, 2017 /PRNewswire/ --
Asset Management companies manage the financial assets of corporate, institutional, and individual clients. Industry demand is driven by demographic and market trends, such as the growing population of retirees, the accumulation of wealth and investable assets, and returns on investments. Ahead of today's trading session, Stock-Callers.com evaluates the current performances of Fortress Investment Group LLC (NYSE: FIG), Och-Ziff Capital Management Group LLC (NYSE: OZM), The Carlyle Group L.P. (NASDAQ: CG), and Athene Holding Ltd (NYSE: ATH). Download the free research reports on these stocks today:
New York-based Fortress Investment Group LLC's shares declined 0.13%, closing Monday's trading session at $7.99. The stock recorded a trading volume of 7.42 million shares, which was above its three months average volume of 5.02 million shares. Shares of the Company have surged 38.00% in the last month, 53.65% over the previous three months, and 64.40% since the start of this year. The stock is trading 33.58% above its 50-day moving average and 55.99% above its 200-day moving average. Additionally, shares of Fortress Investment Group, which provides its services to pooled investment vehicles, pension and profit sharing plans, corporations, institutional managed accounts and structured products, banking or thrift institutions, investment companies, charitable organizations, and state or municipal government entities, have a Relative Strength Index (RSI) of 86.33.
On February 28th, 2017, Fortress Investment announced GAAP net income of $165 million, or $0.33 per diluted Class A share, for Q4 2016 compared to GAAP net income of $116 million, or $0.20 per diluted Class A share, for Q4 2015. The Company's other income in Q4 2016 totaled $23 million, up from a loss of $18 million in Q4 2015. See our free and comprehensive research report on FIG at:
Och-Ziff Capital Management
On Monday, shares in New York City-based Och-Ziff Capital Management Group LLC recorded a trading volume of 679,677 shares. The stock dropped 1.08%, ending the day at $2.74. The Company's shares are trading below their 50-day moving average by 14.04%. Furthermore, shares of the Och-Ziff Capital Management Group, which provides investment advisory services for its clients. It primarily caters to institutional investors which include pension funds, fund-of-funds, foundations and endowments, corporations and other institutions, private banks and family offices, have an RSI of 28.74.
On February 16th, 2017, research firm JP Morgan downgraded the Company's stock rating from 'Overweight' to 'Neutral'.
On March 02nd, 2017, TNM Resources, LLC and Fortuna Management announced the closing of an equity commitment from certain affiliates of Och-Ziff Capital Management Group LLC. Och-Ziff has been investing in private energy since 2005 and has invested approximately $1.7 billion in private energy investments. Och-Ziff's dedicated private energy investment team focuses on middle market investments in the oil & gas upstream, midstream and energy services sectors primarily in North America. OZM free research report PDF is just a click away at:
District of Columbia-based The Carlyle Group L.P.'s stock finished the day 0.31% lower at $15.90, with a total trading volume of 809,453 shares. The Company's shares have gained 2.60% in the previous three months and 5.29% on an YTD basis. The stock is trading above its 200-day moving average by 3.45%. Additionally, shares of Carlyle Group, which is an investment firm specializing in direct and fund of fund investments, have an RSI of 40.74.
On February 08th, 2017, Carlyle Group reported $8.7 billion in realized proceeds in Q4 2016 and a record of $29.6 billion realized in full year 2016. US GAAP net income (loss) attributable to The Carlyle Group L.P. of $(9) million and $6 million, or $(0.16) and $(0.08) per common unit on a diluted basis, for Q4 2016 and full year 2016, respectively. The Company posted economic net income of $0.02 and $0.76 per adjusted unit on a post-tax basis in Q4 2016 and in full year 2016, respectively. Sign up for your complimentary report on CG at:
Shares in Bermuda-based Athene Holding Ltd. ended yesterday's session 0.88% lower at $51.56. The stock recorded a trading volume of 277,417 shares. The Company's shares have advanced 9.61% in the last one month and 7.44% since the start of this year. The stock is trading at 6.14% and 6.92% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Athene Holding, which issues, reinsures, and acquires retirement savings products designed for individuals and institutions seeking to fund retirement needs in the US, the District of Columbia, and Germany, have an RSI of 56.20.
On March 06th, 2017, Athene Holding announced its 2017 national brand campaign. Athene's campaign continues to communicate its commitment to a high level of performance and brand ethos "Driven to Do More®." The integrated campaign amplifies awareness for Athene through TV, print and digital communications. Register for free on Stock-Callers.com and download the latest research report on ATH at:
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