Boston Partners Has $358.69 Million Stock Holdings in The Carlyle Group Inc. (NASDAQ:CG)

Boston Partners increased its stake in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 7.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,102,085 shares of the financial services provider's stock after buying an additional 467,767 shares during the period. Boston Partners owned 1.99% of The Carlyle Group worth $358,687,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. William Blair Investment Management LLC lifted its position in The Carlyle Group by 15.5% during the 4th quarter. William Blair Investment Management LLC now owns 13,249,941 shares of the financial services provider's stock valued at $668,990,000 after purchasing an additional 1,773,465 shares during the period. FMR LLC raised its position in shares of The Carlyle Group by 72.8% in the 3rd quarter. FMR LLC now owns 4,051,757 shares of the financial services provider's stock valued at $174,469,000 after acquiring an additional 1,707,520 shares during the period. Amundi raised its position in shares of The Carlyle Group by 33.6% in the 4th quarter. Amundi now owns 2,364,231 shares of the financial services provider's stock valued at $123,673,000 after acquiring an additional 594,661 shares during the period. Massachusetts Financial Services Co. MA raised its position in shares of The Carlyle Group by 22.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,107,301 shares of the financial services provider's stock valued at $90,740,000 after acquiring an additional 391,553 shares during the period. Finally, JPMorgan Chase & Co. raised its position in shares of The Carlyle Group by 68.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider's stock valued at $82,651,000 after acquiring an additional 777,304 shares during the period. 55.88% of the stock is currently owned by institutional investors and hedge funds.

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Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on CG. Oppenheimer downgraded shares of The Carlyle Group from an "outperform" rating to a "market perform" rating in a research report on Wednesday. Evercore ISI increased their price target on shares of 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. Wells Fargo & Company cut their price target on shares of The Carlyle Group from $54.00 to $48.00 and set an "equal weight" rating on the stock in a research report on Thursday. Barclays lowered their target price on The Carlyle Group from $60.00 to $55.00 and set an "overweight" rating for the company in a research note on Wednesday, February 12th. Finally, Wolfe Research raised The Carlyle Group from a "peer perform" rating to an "outperform" rating and set a $60.00 target price for the company in a research note on Friday, January 3rd. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average target price of $54.53.

The Carlyle Group Stock Up 0.7 %

Shares of CG traded up $0.32 during mid-day trading on Friday, hitting $44.13. 3,643,744 shares of the company's stock were exchanged, compared to its average volume of 2,307,402. The company has a market cap of $15.94 billion, a PE ratio of 15.87, a P/E/G ratio of 0.98 and a beta of 1.73. The Carlyle Group Inc. has a 52 week low of $36.65 and a 52 week high of $57.50. The company has a 50-day simple moving average of $50.05 and a 200 day simple moving average of $49.15. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.32 and a quick ratio of 2.32.

The Carlyle Group (NASDAQ:CG - Get Free Report) last issued its quarterly earnings results 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 return on equity of 24.02% and a net margin of 18.81%. On average, research analysts forecast that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

The Carlyle Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 3.17%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group's payout ratio is presently 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.