OAK - Oaktree Capital Group, LLC

NYSE - NYSE Delayed Price. Currency in USD
0.0000
-51.5200 (-100.00%)
At close: 4:00PM EDT
Stock chart is not supported by your current browser
Previous Close51.5200
Open51.7900
Bid0.0000 x 800
Ask0.0000 x 800
Day's Range51.4800 - 51.7900
52 Week Range38.7000 - 53.8900
Volume548,755
Avg. Volume879,800
Market Cap0
Beta (3Y Monthly)N/A
PE Ratio (TTM)0.00
EPS (TTM)N/A
Earnings DateOct 23, 2019 - Oct 28, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est47.63
Trade prices are not sourced from all markets
  • Hedge Funds Have Never Been This Bullish On Oaktree Capital Group LLC (OAK)
    Insider Monkey

    Hedge Funds Have Never Been This Bullish On Oaktree Capital Group LLC (OAK)

    Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]

  • GlobeNewswire

    Brookfield Asset Management Completes Acquisition Of 61.2% of Oaktree Capital Management

    Brookfield Asset Management Inc. (“Brookfield”) (NYSE: BAM, TSX: BAM.A) and Oaktree Capital Group, LLC (OAK) (“Oaktree”) are pleased to announce the completion of Brookfield’s acquisition of approximately 61.2% of Oaktree’s business. In connection with the transaction, Brookfield acquired all of the outstanding Oaktree class A units and approximately 20% of the units of Oaktree Capital Group Holdings, L.P. (“OCGH”) held by the founders, senior management, and current and former employees of Oaktree. The purchase price per unit was, at the election of such unitholders, $49.00 in cash or 1.0770 class A shares of Brookfield (subject to proration).

  • Bloomberg

    Oaktree’s Howard Marks Gets Cautious in Credit as Economy Hums Along

    (Bloomberg) -- Oaktree Capital Group LLC Co-Founder Howard Marks says it’s time to be cautious in credit investing, but not to pull back entirely.When investors think about managing risk at the micro level, they should favor money managers who practice “wise investing over the maximization of returns,” Marks said during a Bloomberg TV interview with Erik Schatzker. “You can’t have it both ways.”Investors are taking on extra risks in a low-return world, Marks said. Oaktree is fully invested and continues to invest capital, he said, but is “even more cautious than usual” given an environment dominated by low interest rates.That said, Marks doesn’t see signs of a pre-recession or “bubble-like” environment similar to 2007 in the era of runaway subprime mortgages and mortgage-backed securities.Seeking StressOaktree has thrived most in times of distress or stress in the economy, as opposed to times of prosperity. The Los Angeles-based firm is one of the largest distressed-debt investors in the world and has about $20 billion of its assets committed to troubled issuers. Marks agreed in March to sell a 62% stake in Oaktree to Brookfield Asset Management Inc., but he’ll still run Oaktree’s operations.Periods of stress and disruption are normal and often needed for a reset of the economy, Marks said. Without an occasional recession, excesses take over economies and markets, “and when we do have one, it’s massive,” he said.Today in credit, the emphasis isn’t on derivatives like it was 10 years ago, but on private investments and private debt, he said.“When you think being invested in aggressive securities is a sure thing, it’s easy -- you’re probably missing something,” Marks said. And when you think being out of the market and in cash is a sure thing, you’re probably missing something, too, he added.\--With assistance from Erik Schatzker.To contact the reporter on this story: Katherine Doherty in New York at kdoherty23@bloomberg.netTo contact the editors responsible for this story: Rick Green at rgreen18@bloomberg.net, Dawn McCartyFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • PFG vs. OAK: Which Stock Is the Better Value Option?
    Zacks

    PFG vs. OAK: Which Stock Is the Better Value Option?

    PFG vs. OAK: Which Stock Is the Better Value Option?

  • GlobeNewswire

    Brookfield Asset Management and Oaktree Capital Group Announce the Anticipated Election Deadline

    Brookfield Asset Management Inc. (“Brookfield”) (NYSE: BAM, TSX: BAM.A, Euronext: BAMA) and Oaktree Capital Group, LLC (OAK) (“Oaktree”) today provided notice that the previously announced election period will expire at 5:00 p.m., New York City time on September 25, 2019 (the “Election Deadline”). The ability of (i) registered holders of Oaktree Class A common units, and (ii) holders of limited partnership units in Oaktree Capital Group Holdings L.P., whose units will be exchanged for equity interests in Oslo Holdings LLC, to elect (pursuant to the election right provided under the previously announced merger agreement) cash consideration or share consideration (subject to proration) will end at the Election Deadline. Election forms received after the Election Deadline will not be accepted.

  • GlobeNewswire

    Brookfield Asset Management and Oaktree Capital Group Announce the Commencement of the Election Period and the Mailing of Forms of Election

    Brookfield Asset Management Inc. (“Brookfield”) (NYSE: BAM, TSX: BAM.A, Euronext: BAMA) and Oaktree Capital Group, LLC (OAK) (“Oaktree”) today announced the immediate commencement of the election period and the commencement of the mailing of forms of election to registered holders of Oaktree Class A common units (“Class A units”) and holders of limited partnership units in Oaktree Capital Group Holdings L.P. whose units will be exchanged for equity interests in Oslo Holdings LLC (“SellerCo units”). At least five business days prior to the Election Deadline, Brookfield and Oaktree will issue another joint press release announcing the exact date of the Election Deadline. Brookfield and Oaktree continue to expect that the transactions contemplated by the merger agreement will close during the third quarter of 2019, subject to receipt of all required governmental approvals and other conditions necessary to complete the mergers.

  • Tom Gayner Sells Chipotle, Trims Facebook
    GuruFocus.com

    Tom Gayner Sells Chipotle, Trims Facebook

    Guru's largest 2nd-quarter sales Continue reading...

  • Oaktree Capital Makes What Could Be Its Last Financial Report
    Motley Fool

    Oaktree Capital Makes What Could Be Its Last Financial Report

    The asset manager expects its acquisition to close within the next two months.

  • BEN vs. OAK: Which Stock Should Value Investors Buy Now?
    Zacks

    BEN vs. OAK: Which Stock Should Value Investors Buy Now?

    BEN vs. OAK: Which Stock Is the Better Value Option?

  • GuruFocus.com

    John Rogers' Ariel Fund 2nd Quarter Commentary

    Discussion of markets and holdings Continue reading...

  • Moody's

    Dayco Products, LLC -- Moody's downgrades Dayco's CFR to B3, outlook is stable

    Moody's Investors Service ("Moody's") downgraded Dayco Products, LLC's ("Dayco") Corporate Family Rating (CFR) to B3 from B2, its Probability of Default Rating (PDR) to B3-PD from B2-PD and the senior secured term loan rating to B3 from B2. The downgrade reflects Moody's expectations that the pressures in the aftermarket from select retailers along with a potential softer automotive and industrial OE environment will continue to keep Dayco's debt-to-EBITDA leverage elevated in the 6.0x range and will result in weak free cash flow in the next 12 to 18 months.

  • Zacks.com featured highlights include: Guess?, Denny's, FTI Consulting, Oaktree Capital and RenaissanceRe
    Zacks

    Zacks.com featured highlights include: Guess?, Denny's, FTI Consulting, Oaktree Capital and RenaissanceRe

    Zacks.com featured highlights include: Guess?, Denny's, FTI Consulting, Oaktree Capital and RenaissanceRe

  • New Strong Buy Stocks for July 12th
    Zacks

    New Strong Buy Stocks for July 12th

    New Strong Buy Stocks for July 12th

  • Does Market Volatility Bother You? 5 Low-Beta Stocks to Buy
    Zacks

    Does Market Volatility Bother You? 5 Low-Beta Stocks to Buy

    We create a strategy that shows low-risk stocks can generate handsome returns if some parameters are considered.

  • 6 Dividend Growth Stocks for Outperformance
    Zacks

    6 Dividend Growth Stocks for Outperformance

    The Fed's plan to ease monetary policy by cutting interest rates has brought back the lure for dividend investing.

  • Top Ranked Income Stocks to Buy for July 9th
    Zacks

    Top Ranked Income Stocks to Buy for July 9th

    Top Ranked Income Stocks to Buy for July 9th

  • Here's Why Eaton Vance (EV) Should be Added to Your Portfolio
    Zacks

    Here's Why Eaton Vance (EV) Should be Added to Your Portfolio

    Eaton Vance (EV) appears to be a promising bet, riding on solid organic growth, earnings strength and long-term growth opportunities.