The Carlyle Group Inc. (NASDAQ:CG) Shares Acquired by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd grew its position in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 23,688.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 30,687 shares of the financial services provider's stock after buying an additional 30,558 shares during the quarter. The Carlyle Group accounts for 0.6% of Aster Capital Management DIFC Ltd's investment portfolio, making the stock its 22nd largest holding. Aster Capital Management DIFC Ltd's holdings in The Carlyle Group were worth $1,549,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Korea Investment CORP grew its holdings in The Carlyle Group by 28.6% during the fourth quarter. Korea Investment CORP now owns 165,660 shares of the financial services provider's stock worth $8,364,000 after acquiring an additional 36,873 shares during the period. JPMorgan Chase & Co. grew its stake in shares of The Carlyle Group by 68.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider's stock worth $82,651,000 after purchasing an additional 777,304 shares during the period. Sargent Investment Group LLC lifted its stake in shares of The Carlyle Group by 6.5% in the fourth quarter. Sargent Investment Group LLC now owns 302,385 shares of the financial services provider's stock valued at $15,283,000 after purchasing an additional 18,537 shares during the period. Franklin Street Advisors Inc. NC purchased a new stake in The Carlyle Group during the fourth quarter worth about $17,671,000. Finally, Charles Schwab Investment Management Inc. grew its position in The Carlyle Group by 1.0% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,406,201 shares of the financial services provider's stock worth $70,999,000 after buying an additional 14,024 shares during the period. Institutional investors and hedge funds own 55.88% of the company's stock.

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Wall Street Analysts Forecast Growth

CG has been the topic of several research analyst reports. JMP Securities decreased their price target on The Carlyle Group from $62.00 to $58.00 and set a "market outperform" rating on the stock in a research note on Tuesday. StockNews.com cut The Carlyle Group from a "hold" rating to a "sell" rating in a research report on Thursday, February 20th. Evercore ISI boosted their price objective on shares of The Carlyle Group from $51.00 to $52.00 and gave the stock an "in-line" rating in a research report on Wednesday, February 12th. Barclays cut their target price on shares of The Carlyle Group from $55.00 to $43.00 and set an "overweight" rating for the company in a research report on Monday. Finally, Wolfe Research upgraded shares of The Carlyle Group from a "peer perform" rating to an "outperform" rating and set a $60.00 price target on the stock in a research report on Friday, January 3rd. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $51.06.

The Carlyle Group Stock Down 2.5 %

Shares of CG stock traded down $0.90 on Friday, hitting $35.73. The stock had a trading volume of 1,681,463 shares, compared to its average volume of 2,501,799. The stock's 50 day moving average is $45.56 and its 200-day moving average is $49.26. The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.32 and a current ratio of 2.32. The firm has a market capitalization of $12.91 billion, a price-to-earnings ratio of 12.81, a P/E/G ratio of 0.98 and a beta of 1.72. The Carlyle Group Inc. has a 52-week low of $33.02 and a 52-week high of $57.50.

The Carlyle Group (NASDAQ:CG - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The financial services provider reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.08). The Carlyle Group had a net margin of 18.81% and a return on equity of 24.02%. As a group, research analysts expect that The Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The Carlyle Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group's dividend payout ratio (DPR) is 50.36%.

The Carlyle Group Profile

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.