Oaktree Capital Group LLC (OAK)

53.60
NYSE : Finance
Prev Close 53.72
Day Low/High 53.46 / 53.88
52 Wk Low/High 38.70 / 53.89
Avg Volume 870.30K
Exchange NYSE
Shares Outstanding 75.84M
Market Cap 8.59B
EPS 3.00
P/E Ratio 17.41
Div & Yield 2.50 (5.71%)

Latest News

Brookfield, Oaktree Deal

Brookfield Asset Management has announced its plans to acquire about 62% of Oaktree Capital Group for $49/share. Payment is half cash and half stock. The senior management of OAK will continue to own nearly 40% of Oaktree and, for now, both business...

The Good, the Bad and the Ugly (Monday Edition)

"If you work for a living, why do you kill yourself working?" -- Tuco, The Ugly: "The Good, the Bad and the Ugly" There was plenty of sector rotation today (but little overall movement), so let's move to the abbreviated Monarch Notes form of "Takeaw...

Takeaways and Observations

  Every single market indicator I look at is overbought.  But it's likely that shorts and underperformers are buoying stocks.  Some are at the most overbought in decades.  The bond market is clearly not as sanguine on economic growth/corporate profi...

Picking T. Boone Pickens' Brain for Energy Values

Picking T. Boone Pickens' Brain for Energy Values

Investors who want to be in the oil-and-gas sector would be wise to copy the great Texas oilman's approach and steal his ideas.

Taking an Axe to The Mighty Oak

"Goodnight sweetheart, well, it's time to go Goodnight sweetheart, well, it's time to go I hate to leave you but I really must say Goodnight sweetheart, goodnight" --Sha Na Na, "Goodnight Sweetheart"  I have taken off the balance of my Mighty Oak --...

The Mighty Oak Gets Pruned

Though I am maintaining The Mighty Oak (Oaktree Financial)  on my Best Ideas List, in respect for the $8 rise in the last month, I have moved my position to small-sized. I have also further reduced my long-standing DuPont  long -- down to tag ends i...

My Moves in SQQQ and Mighty Oak

I bought (small) ProShares Trust UltraPro Short QQQ ETF at $41.25 and I am offering some additional Oaktree Capital Group for sale.

Checking Out Some of My Longs

Oaktree Capital Group continued its leafy growth, spurting another $0.75 to $45.70 on Friday. The shares now have risen from about $37 near year-end. For those with a shorter time frame (of less than six to 12 months) some profit taking may be in or...

The Mighty Oak (Part Deux)

Sometimes the markets are inefficient. Actually they are often inefficient!   Case in point: The Mighty Oak.   As the stock wandered down to new lows in January I was asked by many investors if I knew of a reason for the weakness.   I pride myself i...

The Mighty Oak Delivers

The Mighty Oak -- aka Oaktree Capital Group -- delivered in the quarter, with most metrics exceeding expectations. Check out here and here.  I expect some Street upgrades this morning or tomorrow. More later when I get some time to digest the releas...

My Takeaways and Observatons

"As to the markets, it trades like participants are sleeping off hangovers from partying hard during last night's Super Bowl thriller." -- "Is Another Lesson Soon to be Learned?"   With such little price action it seemed like a snore fest (see above...

Recommended Reading (Part Trois)

From a subscriber in our Comments Section, a Seeking Alpha review of The Mighty OAK, Oaktree Capital .

My Takeaways and Observations

We are likely in a Trump-centric investment world in 2017.   My theme that the president will make market volatility and uncertainty great again, continues.    Consider the contrary, Part Deux.    Mo' gold and I will accumulate under any weakness go...

The Good, the Bad and the Ugly (Early Afternoon Edition)

"You see, in this world there's two kinds of people, my friend: Those with loaded guns and those who dig. You dig." -- Blondie, "The Good, the Bad and the Ugly" Here's a quick review of today's market action at 3 p.m. (we are at daily highs with buy...

The Good, the Bad and the Ugly in Today's Trading (Early Afternoon Edition)

"You see, in this world there's two kinds of people, my friend: Those with loaded guns and those who dig. You dig." -- Blondie, " The Good, the Bad and the Ugly" Here's a quick review of today's market action at 2 pm: The Good Bonds and bond-equival...

Today's Trade

I have added to my ProShares UltraShort S&P500 ETF  , Oaktree Capital  , Allergan  and Hartford Financial  longs this morning. Net, net, I have slightly increased my net short exposure.

My Takeaways and Observations

I have a series of meetings this afternoon and tomorrow morning so I want to get "Takeaways" out early today. I started with what I think is an important opening missive, "Wary in an Uncertain World" in which I covered a number of bases. I truly bel...

My Takeaways and Observations

"I don't feel Tuesday...Tuesday has no feel." -- Seinfeld  I started the day with some food for thought -- on the changing channels of retail distribution. In this opener please pay some attention to not only the ramifications for retail stocks but ...

Reviewing My Investment Troops

* Allergan (my fav large-cap long for 2017) remains the "world's fair" and market leader. Now up $25 a share above my initial purchase price. * Caterpillar (my fav large-cap short for 2017) looks like it could be rolling over. In part, competitor De...

Reviewing My Investment Troops

Allergan (updated earlier ) up by another six beaners (that's up $6 to those that understand my slang) to over $221.80. This favorite large-cap stock for 2017 was put on my Best Ideas List (only recently) in late December at $194. Some normal profit...

My Takeaways and Observations

I love gold.    Trade of the Week -- short Apple at $116.15. (The SoftBank investment is a non-event).   Dwyerama is chillin' and I am re-establishing my ProShares UltraShort S&P500 ETF  long -- back in a revolutionary mindset.    As January goes......

The Mighty Oak Must Have Been Fertilized

The Mighty Oak, aka Oaktree Capital , must have been fertilized on New Year's Day. The shares are playing catch-up today (up $1.80).

Reviewing My Investment Troops

Some morning observations: The Mighty Oak -- Oaktree Capital Group -- is regaining some leaves as it is up $1.20 for the second up day in a row. I surmised that tax selling held the shares back in December; perhaps I was on the right track! Radian G...

My Takeaways and Observations (3:30 p.m. Edition)

The markets started the day like Usain Bolt at the start of a 100-meter race. But, unlike Bolt, the finish wasn't as strong as the start.   I thought one of the day's features was the reversal in bond yields, particularly after the good data.    The...

Keeping an Eye on OAK

Last week I surmised that Oaktree Capital Group  was acting poorly because of tax selling in late December. The shares are a little jiggy this morning, so let's see if we can get some follow-through in this lagging name.

Hanging in There With Oaktree Capital

Alternative managers, Blackstone and Oaktree Capital  (in which I am long), continue to trade poorly. I continue to believe this is a function of tax-loss selling and concerns about the prospects for a change in the manner carried interest is taxed ...

My Takeaways and Observations

Slow day, at meetings all morning.   Despite the strength in our currency (and its adverse implications on multi-national profitability), there was no follow-through to yesterday's schmeissing.   I reflected on my July call that we have hit a Genera...

The Not-So-Mighty OAK

A lot of subscribers are puzzled by the share price under-performance of Oaktree Capital   . I have no answer. The only thing I can think of, after going over the company's fundamentals this past weekend, is that the shares are under tax-selling pre...