Advisor OS LLC bought a new stake in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 5,519 shares of the financial services provider's stock, valued at approximately $279,000.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Golden State Wealth Management LLC acquired a new position in shares of The Carlyle Group in the 4th quarter worth approximately $25,000. Valley National Advisers Inc. boosted its holdings in The Carlyle Group by 149.3% in the fourth quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider's stock worth $27,000 after purchasing an additional 327 shares during the period. Nisa Investment Advisors LLC raised its holdings in shares of The Carlyle Group by 253.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider's stock worth $29,000 after purchasing an additional 405 shares during the period. Brooklyn Investment Group bought a new position in shares of The Carlyle Group in the 3rd quarter worth about $33,000. Finally, Wilmington Savings Fund Society FSB grew its position in shares of The Carlyle Group by 8,090.9% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 901 shares of the financial services provider's stock valued at $45,000 after buying an additional 890 shares during the last quarter. Institutional investors own 55.88% of the company's stock.
The Carlyle Group Price Performance
NASDAQ:CG traded down $1.57 during mid-day trading on Monday, reaching $48.27. 1,489,929 shares of the stock were exchanged, compared to its average volume of 2,250,854. The Carlyle Group Inc. has a 1-year low of $36.65 and a 1-year high of $57.50. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 1.42. The firm has a market capitalization of $17.27 billion, a PE ratio of 17.36, a PEG ratio of 0.98 and a beta of 1.70. The business has a fifty day moving average price of $52.43 and a 200 day moving average price of $48.98.
The Carlyle Group (NASDAQ:CG - Get Free Report) last issued its earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. Research analysts expect that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.
The Carlyle Group Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 2.90%. The ex-dividend date was Friday, February 21st. The Carlyle Group's payout ratio is 50.36%.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on CG. StockNews.com downgraded The Carlyle Group from a "hold" rating to a "sell" rating in a research note on Thursday, February 20th. Keefe, Bruyette & Woods boosted their price objective on The Carlyle Group from $51.00 to $55.00 and gave the company a "market perform" rating in a research report on Friday, November 8th. Wells Fargo & Company cut their target price on The Carlyle Group from $56.00 to $54.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 12th. Barclays lowered their price target on shares of The Carlyle Group from $60.00 to $55.00 and set an "overweight" rating for the company in a research report on Wednesday, February 12th. Finally, Oppenheimer lifted their price objective on shares of The Carlyle Group from $78.00 to $85.00 and gave the company an "outperform" rating in a research report on Monday, November 11th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, The Carlyle Group currently has an average rating of "Hold" and a consensus price target of $54.93.
Get Our Latest Stock Analysis on The Carlyle Group
About The Carlyle Group
(
Free Report)
The Carlyle Group Inc is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES.
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