Oaktree Capital Group, LLC Financial | Asset Management | USA Oaktree Capital Group, LLC operates as a global investment management firm that focuses on alternative markets. It manage investments in a number of strategies within six asset classes, including distressed debt; corporate debt, including high yield debt and senior loans; control investing; convertible securities; real estate; and listed equities. The company pursues these strategies through closed-end, open-end, and evergreen funds. Oaktree Capital Group, LLC was founded in 1995 and is headquartered in Los Angeles, California.
This stock has been pretty beaten down; eventually it's going to turn around. Monthly chart Last 2 quarters, earnings have beaten estimates by 49% and 35%. Trading at a forward P/E of 14.1 with 26.8% growth next 5 years. Dividend yield is currently 5.4%.
In March-May of this year, insiders (Oaktree Huntington Investment, Oaktree Organics L.P., OCM Growth Holdings LLC) were "buying" shares at prices of $8 to $15. The stock price was $40. The dividend is $2.84/year. So in 3-5 years they will be free-riding from the dividend alone.
Bullish indication. On watch for clear above 48.50. Short term target: 56.65. http://www.stoxline.com/quote.php?symbol=oak
OAK strong. OAK good. I like OAK. (I know my commentary sounds stupid; that's why I posted it. I hope I made someone laugh! I really am
