Dynamic Technology Lab Private Ltd Purchases 23,567 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Dynamic Technology Lab Private Ltd grew its position in The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 301.1% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 31,395 shares of the financial services provider's stock after buying an additional 23,567 shares during the period. Dynamic Technology Lab Private Ltd's holdings in The Carlyle Group were worth $1,585,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in CG. Arizona State Retirement System raised its position in shares of The Carlyle Group by 0.3% during the 4th quarter. Arizona State Retirement System now owns 67,239 shares of the financial services provider's stock valued at $3,395,000 after acquiring an additional 220 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. boosted its holdings in The Carlyle Group by 0.3% during the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 80,820 shares of the financial services provider's stock worth $4,081,000 after buying an additional 225 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of The Carlyle Group by 0.6% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 46,607 shares of the financial services provider's stock valued at $2,353,000 after acquiring an additional 258 shares during the last quarter. DMC Group LLC raised its position in shares of The Carlyle Group by 4.3% in the 4th quarter. DMC Group LLC now owns 6,932 shares of the financial services provider's stock valued at $350,000 after acquiring an additional 283 shares during the period. Finally, Smartleaf Asset Management LLC grew its holdings in The Carlyle Group by 31.7% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,229 shares of the financial services provider's stock valued at $62,000 after purchasing an additional 296 shares during the period. Institutional investors and hedge funds own 55.88% of the company's stock.

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The Carlyle Group Stock Performance

Shares of CG stock traded down $2.46 during midday trading on Thursday, hitting $37.10. 1,807,026 shares of the company were exchanged, compared to its average volume of 2,493,900. The firm's 50 day moving average price is $45.92 and its two-hundred day moving average price is $49.31. 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 $13.40 billion, a P/E ratio of 13.31, a PEG 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 released 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%. As a group, equities research analysts anticipate that The Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The Carlyle Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 3.77%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group's dividend payout ratio is currently 50.36%.

Analysts Set New Price Targets

CG has been the topic of a number of recent analyst reports. Barclays reduced their price target on shares of The Carlyle Group from $55.00 to $43.00 and set an "overweight" rating on the stock in a research report on Monday. Wolfe Research raised shares of The Carlyle Group from a "peer perform" rating to an "outperform" rating and set a $60.00 price objective for the company in a research report on Friday, January 3rd. Evercore ISI upped their target price on shares of The Carlyle Group from $51.00 to $52.00 and gave the stock an "in-line" rating in a research note on Wednesday, February 12th. Bank of America dropped their price target on The Carlyle Group from $47.00 to $46.00 and set an "underperform" rating on the stock in a research note on Friday, April 4th. Finally, StockNews.com downgraded The Carlyle Group from a "hold" rating to a "sell" rating in a report on Thursday, February 20th. Two equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $51.06.

The Carlyle Group Company 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.