The shares of Oaktree Capital Group, LLC (NYSE:OAK) has been pegged with a rating of Equal-Weight by Morgan Stanley in its latest research note that was published on March 14th, 2019. Morgan Stanley wasn’t the only research firm that published a report of Oaktree Capital Group, LLC, with other equities research analysts also giving their opinion on the stock. Keefe Bruyette advised investors in its research note published on April 27th, 2018, to Mkt Perform the OAK stock. The stock had earned Neutral rating from Goldman when it published its report on July 28th, 2017. The stock was given Hold rating by Jefferies in its report released on June 28th, 2017. BofA/Merrill was of a view that OAK is Neutral in its latest report on December 16th, 2016. Oppenheimer thinks that OAK is worth Perform rating. This was contained in the firm’s report on December 6th, 2016.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 8 believe it has the potential for further growth, thus rating it as Hold while 0 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $44.25. The price of the stock the last time has raised by 26.13% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 77.65.
The shares of the company dipped by -1.00% during the trading session on Thursday, reaching a low of $48.67 while ending the day at $48.75. During the trading session, a total of 8.12 million shares were traded which represents a -1747250.16% decline from the average session volume which is 464.67K shares. OAK had ended its last session trading at 49.24. Oaktree Capital Group, LLC currently has a market cap of $7.58B, while its P/E ratio stands at 16.28, while its P/E earnings growth sits at 5.47, with a beta of 0.48. Oaktree Capital Group, LLC debt-to-equity ratio currently stands at 5.77, while its quick ratio hovers at . OAK 52-week low price stands at $38.65 while its 52-week high price is $49.61.
The company in its last quarterly report recorded $0.43 earnings per share which is above the $0.38 predicted by most analysts. The Oaktree Capital Group, LLC generated $290.17 million in revenue during the last quarter, which is slightly higher than the $262.31 million predicted by analysts. In the second quarter last year, the firm recorded $0.78 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -81.4%. Oaktree Capital Group, LLC has the potential to record 2.99 EPS for the current fiscal year, according to equities analysts.
Investment analysts at B. Riley FBR published a research note on January 31st, 2019 where it informed investors and clients that Geron Corporation (NASDAQ:GERN) is now rated as Buy. Their price target on the stock stands at $3.25. Keefe Bruyette also rated GERN as Downgrade on April 27th, 2018, with its price target of $14 suggesting that GERN could surge by 54.27% from its current share price. Even though the stock has been trading at $1.64/share, analysts expect it to surge higher by 1.22% to reach $3.63/share. It started the day trading at $1.7099 and traded between $1.565 and $1.66 throughout the trading session.
A look at its technical shows that GERN’s 50-day SMA is 1.30 while its 200-day SMA stands at 2.64. At the moment, only of Geron Corporation shares were sold short. The company’s average trading volume currently stands at 3.40M shares, which means that the short-interest ratio is just 11.51 days. Over the past seven days, the company moved, with its shift of 16.08%. Looking further, the stock has raised 18.57% over the past 90 days while it lost -71.23% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Fidelity Management Research Co bought more GERN shares, increasing its portfolio by +158.40% during the last quarter. This move now sees Fidelity Management Research Co purchasing 9,524,100 shares in the last quarter, thus it now holds 15,536,850 shares of GERN, with a total valuation of $22,683,801. BlackRock Fund Advisors meanwhile bought more GERN shares in the recently filed quarter, changing its stake to $20,467,679 worth of shares. The Vanguard Group Inc followed the path by decreasing its GERN portfolio by -53.65% in the quarter. This means that The Vanguard Group Inc sold -4,509,668 shares in the last quarter and now controls 3,895,536 shares of the GERN stock, with the valuation hitting $5,687,483.
Similarly, JPMorgan Securities LLC increased its Geron Corporation shares by +209,010.18% during the recently filed quarter. After buying 2,978,395 shares in the last quarter, the firm now controls 2,979,820 shares of Geron Corporation which are valued at $4,350,537. In the same vein, British American Investment Tru decreased its Geron Corporation shares by during the most recent reported quarter. The firm sold -6,728 shares during the quarter which decreased its stakes to 2,625,873 shares and is now valued at $3,833,775. Following these latest developments, around 0.48% of Geron Corporation stocks are owned by institutional investors and hedge funds.