OAK - Oaktree Capital Group, LLC

NYSE - NYSE Delayed Price. Currency in USD
49.12
-0.38 (-0.77%)
At close: 4:01PM EDT
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Previous Close49.50
Open49.37
Bid0.00 x 900
Ask0.00 x 1000
Day's Range49.12 - 49.47
52 Week Range38.65 - 49.74
Volume857,769
Avg. Volume761,386
Market Cap7.706B
Beta (3Y Monthly)0.71
PE Ratio (TTM)16.41
EPS (TTM)2.99
Earnings DateApr 24, 2019 - Apr 29, 2019
Forward Dividend & Yield3.00 (6.05%)
Ex-Dividend Date2019-02-14
1y Target Est46.88
Trade prices are not sourced from all markets
  • Brookfield Asset Management buys controlling stake in Oaktree Capital
    CNBC Videos10 days ago

    Brookfield Asset Management buys controlling stake in Oaktree Capital

    CNBC's David Faber reports that Brookfield Asset Management will buy a 62 percent stake in Oaktree Capital.

  • Howard Marks Sees Industry Consolidation After Brookfield Tie-Up
    Bloomberg2 days ago

    Howard Marks Sees Industry Consolidation After Brookfield Tie-Up

    It comes down to potential conflicts of interest between the parts of Brookfield that buy public companies and those that trade stocks and bonds. The potential for conflict becomes even greater with the addition of Oaktree, because it has a bigger business in public securities. It’s totally walled off from the other parts of Brookfield and it doesn’t share information,” Flatt said Thursday in an interview with Bloomberg Television in New York.

  • ACCESSWIRE8 days ago

    INVESTIGATION ALERT: Kuznicki Law PLLC Is Investigating The Proposed Sale Of Oaktree Capital Group, LLC Class A Units (NYSE: OAK) To Brookfield Asset Management Inc. (NYSE: BAM) And Encourages Investors To Contact The Firm For Additional Information

    CEDARHURST, NY / ACCESSWIRE / March 15, 2019 / Kuznicki Law PLLC is investigating Oaktree Capital Group, LLC (NYSE: OAK) (''Oaktree'') regarding the proposed sale of all outstanding Oaktree Class A units ...

  • Top Ranked Income Stocks to Buy for March 15th
    Zacks8 days ago

    Top Ranked Income Stocks to Buy for March 15th

    Top Ranked Income Stocks to Buy for March 15th

  • Moody's8 days ago

    Brookfield Asset Management Inc. -- Moody's reviews Brookfield's ratings for upgrade following acquisition announcement

    Moody's Investors Service, ("Moody's") placed the ratings of Brookfield Asset Management Inc. ("Brookfield") and its financing subsidiaries on review for possible upgrade. This follows Brookfield's announcement that it has entered into an agreement to acquire 62% of the equity of Oaktree Capital Group (not rated) ("Oaktree").

  • Brookfield to buy most of Oaktree, a potential bidder to run Lambert airport
    American City Business Journals8 days ago

    Brookfield to buy most of Oaktree, a potential bidder to run Lambert airport

    Brookfield Asset Management Inc. said it will buy most of Oaktree Capital Management in a roughly $4.8 billion deal. Los Angeles-based Oaktree is one of the company's considering a bid to run St. Louis Lambert International Airport.

  • Business Wire9 days ago

    Oaktree Announces Release of 2018 Schedule K-1 Tax Forms for Oaktree Capital Group, LLC

    Oaktree Capital Group, LLC announced today that 2018 Schedule K-1 tax forms for the Class A units , Series A Preferred units and Series B Preferred units of Oaktree Capital Group, LLC are available online.

  • Brookfield (BAM) Agrees to Buy 62% Stake in Oaktree Capital
    Zacks9 days ago

    Brookfield (BAM) Agrees to Buy 62% Stake in Oaktree Capital

    Brookfield Asset Management's (BAM) acquisition of nearly 62% stake in Oaktree Capital Group will result in a combined AUM of $475 billion.

  • Top Ranked Income Stocks to Buy for March 12th
    Zacks9 days ago

    Top Ranked Income Stocks to Buy for March 12th

    Top Ranked Income Stocks to Buy for March 12th

  • Financial Times9 days ago

    [$$] Brookfield’s ‘yin and yang’ Oaktree deal builds investment powerhouse

    has become one of the largest and most eclectic alternative investment houses. Its shares have surged more than six-fold since taking a pounding during the 2008 financial crisis. announced by the Toronto-based group this week to acquire a controlling stake in distressed debt specialist Oaktree Capital is designed to make it more resilient the next time a financial crisis strikes.

  • The Wall Street Journal9 days ago

    [$$] Brookfield Asset Management to Buy 62% of Oaktree Capital

    Brookfield Asset Management Inc. is buying a majority stake in Oaktree Capital Management, bringing an end to the credit-investment firm’s six-year run as a public company. Brookfield will buy about 62% of the Oaktree business, acquiring all outstanding shares of its publicly traded common stock for $49 in cash, or 1.077 Brookfield shares. Oaktree’s preferred shareholders, which primarily consist of its co-chairmen, Howard Marks and Bruce Karsh, their fellow co-founders and other management and employees, will also sell 20% of their nonpublicly traded preferred shares to Brookfield for the same price.

  • ACCESSWIRE10 days ago

    INVESTOR ALERT: Kuznicki Law PPLC Announces An Investigation Of Oaktree Capital Group, LLC (NYSE: OAK) And Encourages Class A Unitholders To Contact The Firm For Additional Information

    CEDARHURST, NEW YORK / ACCESSWIRE / March 13, 2019 / Kuznicki Law PLLC is investigating Oaktree Capital Group, LLC (NYSE: OAK) (''Oaktree'') regarding the proposed sale of all outstanding Oaktree Class ...

  • Why Oaktree Capital Group, Guardant Health, and Clean Energy Fuels Jumped Today
    Motley Fool10 days ago

    Why Oaktree Capital Group, Guardant Health, and Clean Energy Fuels Jumped Today

    Merger and acquisition news and solid earnings helped give the market a lift.

  • Reuters10 days ago

    Brookfield to buy most of Oaktree to build juggernaut to rival Blackstone

    The decision by Oaktree, led by distressed debt investor Howard Marks, to sell a majority stake of itself comes after a sustained period in which its stock has underperformed the broader market. Oaktree's stock is down around 13 percent in the last five years, even after a price bump on Wednesday following the deal's announcement. By comparison, the S&P 500 Index is up more than 50 percent over the period and Blackstone's share price is up 4 percent.

  • Bloomberg10 days ago

    Brookfield-Oaktree Seen Spurring Deals Among Alternatives Firms

    Alternative asset managers are under pressure to broaden their offerings as institutional investors seek to make big allocations to fewer firms. While Ares Management Corp. and Apollo Global Management built businesses around their credit expertise and Carlyle Group LP and KKR & Co. held sway as buyout shops, they have evolved to expand into other areas of alternatives. “Since people are driving in the direction of doing more things with fewer managers, strategic partnerships are going to be a theme for the future,” Howard Marks, Oaktree’s co-chairman, said in a telephone interview Wednesday.

  • Billionaire Trio Unites With Brookfield's Purchase of Oaktree
    Bloomberg10 days ago

    Billionaire Trio Unites With Brookfield's Purchase of Oaktree

    Oaktree co-founder Howard Marks will sit on Brookfield’s board alongside Chief Executive Officer Bruce Flatt. The combined group will include at least one other billionaire, Oaktree co-Chairman Bruce Karsh. The deal, expected to be completed in the third quarter, will end more than two decades of independence for Marks and Karsh, whose firm managed $120 billion of assets at the end of 2018 but still found itself dwarfed by some competitors like Blackstone Group LP.

  • Brookfield to Buy Marks's Oaktree to Make Alternatives Giant
    Bloomberg10 days ago

    Brookfield to Buy Marks's Oaktree to Make Alternatives Giant

    Brookfield will acquire a 62 percent stake in Oaktree in a cash and stock deal worth roughly $4.7 billion, the companies said Wednesday in a statement. Today’s deal creates such a one-stop-shop: it bolsters the credit business of Brookfield, which has traditionally focused on real estate, and provides Oaktree, a specialist in distressed debt, exposure to assets that thrive outside turbulent economic times.

  • Why Shares of Oaktree Capital Surged Higher Wednesday
    Motley Fool10 days ago

    Why Shares of Oaktree Capital Surged Higher Wednesday

    Two prominent asset management businesses are joining forces.

  • TheStreet.com10 days ago

    Oaktree Surges After Brookfield Acquires 62% of Investment Firm for $4.8 Billion

    Brookfield will acquire all outstanding Oaktree Class A units for either $49 per share in cash or 1.0770 Brookfield Class A shares, as well as 20% of Brookfield's class B shares. The purchase price represents a near 12% premium over Oaktree's Tuesday closing price and a nearly 16% premium over the stock's 30-day volume-weighted average price. "As we continue to strategically grow Brookfield, we are thrilled to be partnering with Oaktree and with its exceptional management team whose credit business is second to none," said Brookfield CEO Bruce Flatt.

  • MarketWatch10 days ago

    Oaktree's stock soars after Brookfield deal to buy most of its business for a 12% equity premium

    Brookfield Asset Management Inc. said Wednesday it had reached an agreement to buy 62% of Oaktree Capital Group LLC's business, in a deal that values Oaktree shares at a 12% premium. Oaktree's stock shot up 12% in morning trade and Brookfield's stock gained 0.7%. Under terms of the deal, Brookfield will pay either $49 a share in cash, or 1.077 Brookfield Class A shares for Oaktree Class A shares, with the total consideration paid consisting of 50% cash and 50% equity. The cash value of the bid is 11.8% above Oaktree's Tuesday stock closing price of $43.83, at which Oaktree had a market capitalization of $6.88 billion. Brookfield said it will fund the deal, which is expected to close in the third quarter of 2019, with available liquidity. The deal includes a $225 million termination fee to be paid by Oaktree. Oaktree shares have rallied 19% over the past three months and Brookfield's stock has climbed 12%, while the S&P 500 has gained 5.7%.

  • Top Ranked Income Stocks to Buy for March 13th
    Zacks10 days ago

    Top Ranked Income Stocks to Buy for March 13th

    Top Ranked Income Stocks to Buy for March 13th

  • GlobeNewswire10 days ago

    Brookfield to Acquire 62% of Oaktree Capital Management

    Brookfield Asset Management Inc. (“Brookfield”) (NYSE: BAM, TSX: BAM.A, Euronext: BAMA) and Oaktree Capital Group, LLC (OAK) (“Oaktree”) today announced an agreement whereby Brookfield will acquire approximately 62% of the Oaktree business. As part of the transaction, Brookfield will acquire all outstanding Oaktree Class A units for, at the election of Oaktree Class A unitholders, either $49.00 in cash or 1.0770 Class A shares of Brookfield per unit (subject to pro-ration).

  • Investing.com10 days ago

    StockBeat - Brookfield Buys 62% Stake in Oaktree in $4.7 Billion Deal

    Investing.com - Brookfield Asset Management agreed to buy a majority stake in Oaktree Capital Group, creating one of the world's biggest alternative asset managers.

  • Financial Times10 days ago

    [$$] Brookfield/Oaktree: alt country blues

    Howard Marks has always respected value-seeking investors. Oaktree may find itself more at home within a larger asset management group. Alternative asset managers like Oaktree never caught on as an investment, with public market investors turned off by their complexity and unpredictable earnings stream.