Boston Partners Purchases 467,767 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Boston Partners raised its holdings in The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,102,085 shares of the financial services provider's stock after buying an additional 467,767 shares during the quarter. Boston Partners owned 1.99% of The Carlyle Group worth $358,687,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Golden State Wealth Management LLC bought a new position in The Carlyle Group in the 4th quarter valued at $25,000. National Pension Service purchased a new position in shares of The Carlyle Group during the 4th quarter valued at about $25,000. Valley National Advisers Inc. grew its position in The Carlyle Group by 149.3% during the 4th quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider's stock worth $27,000 after acquiring an additional 327 shares during the last quarter. Nisa Investment Advisors LLC grew its position in The Carlyle Group by 253.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider's stock worth $29,000 after acquiring an additional 405 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in The Carlyle Group during the 3rd quarter worth approximately $33,000. 55.88% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on CG shares. Evercore ISI lifted their price target on The Carlyle Group from $51.00 to $52.00 and gave the company an "in-line" rating in a research report on Wednesday, February 12th. StockNews.com cut The Carlyle Group from a "hold" rating to a "sell" rating in a research note on Thursday, February 20th. Wolfe Research raised The Carlyle Group from a "peer perform" rating to an "outperform" rating and set a $60.00 price objective for the company in a report on Friday, January 3rd. Oppenheimer cut shares of The Carlyle Group from an "outperform" rating to a "market perform" rating in a research note on Wednesday. Finally, Wells Fargo & Company decreased their price target on shares of 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. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $54.93.

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The Carlyle Group Price Performance

NASDAQ CG traded up $1.26 during trading hours on Wednesday, reaching $43.46. The company's stock had a trading volume of 5,343,824 shares, compared to its average volume of 2,299,904. The stock has a market cap of $15.70 billion, a PE ratio of 15.63, a PEG ratio of 0.98 and a beta of 1.73. 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 company's 50-day moving average is $50.34 and its two-hundred day moving average is $49.16. The Carlyle Group Inc. has a fifty-two week low of $36.65 and a fifty-two week high of $57.50.

The Carlyle Group (NASDAQ:CG - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The financial services provider reported $0.92 EPS 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%. Analysts forecast that The Carlyle Group Inc. will post 4.48 EPS for the current year.

The Carlyle Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.22%. The ex-dividend date was Friday, February 21st. The Carlyle Group's dividend payout ratio is currently 50.36%.

About The Carlyle Group

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.