Bridgewater Associates LP Makes New $722,000 Investment in The Carlyle Group Inc. (NASDAQ:CG)

Bridgewater Associates LP purchased a new stake in The Carlyle Group Inc. (NASDAQ:CG - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 14,308 shares of the financial services provider's stock, valued at approximately $722,000.

Other hedge funds have also made changes to their positions in the company. Golden State Wealth Management LLC bought a new stake in The Carlyle Group during the 4th quarter valued at $25,000. National Pension Service bought a new stake in shares of The Carlyle Group in the 4th quarter valued at about $25,000. Valley National Advisers Inc. boosted its stake 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 valued at $27,000 after acquiring an additional 327 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of The Carlyle Group by 253.1% in the 4th 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 in the last quarter. Finally, Wilmington Savings Fund Society FSB boosted its holdings in The Carlyle Group by 8,090.9% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 901 shares of the financial services provider's stock worth $45,000 after acquiring an additional 890 shares in the last quarter. 55.88% of the stock is currently owned by hedge funds and other institutional investors.

The Carlyle Group Stock Up 1.7 %

Shares of NASDAQ:CG opened at $35.84 on Friday. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 1.42. The Carlyle Group Inc. has a 52-week low of $33.02 and a 52-week high of $57.50. The business has a fifty day moving average of $43.68 and a two-hundred day moving average of $48.97. The stock has a market cap of $12.95 billion, a P/E ratio of 12.89, a PEG ratio of 0.98 and a beta of 1.72.

The Carlyle Group (NASDAQ:CG - Get Free Report) last released 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%. On average, research analysts expect that The Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The Carlyle Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders 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 yield of 3.91%. The ex-dividend date was Friday, February 21st. The Carlyle Group's dividend payout ratio (DPR) is 50.36%.

Analysts Set New Price Targets

A number of research analysts have issued reports on CG shares. StockNews.com lowered shares of The Carlyle Group from a "hold" rating to a "sell" rating in a research note on Thursday, February 20th. Morgan Stanley reduced their price objective on The Carlyle Group from $57.00 to $44.00 and set an "equal weight" rating for the company in a research note on Monday, April 14th. Citigroup dropped their price objective on shares of The Carlyle Group from $55.00 to $39.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. JMP Securities lowered their target price 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, April 8th. Finally, Wells Fargo & Company dropped their price objective on shares of The Carlyle Group from $48.00 to $39.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of $50.71.

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.

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