Janus Henderson Group PLC Buys 10,200 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Janus Henderson Group PLC increased its position in The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 116.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,994 shares of the financial services provider's stock after purchasing an additional 10,200 shares during the period. Janus Henderson Group PLC's holdings in The Carlyle Group were worth $818,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. SMH Capital Advisors Inc. bought a new position in The Carlyle Group during the 2nd quarter valued at $636,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in The Carlyle Group by 25.7% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 91,137 shares of the financial services provider's stock valued at $3,659,000 after acquiring an additional 18,614 shares in the last quarter. Edgestream Partners L.P. lifted its stake in The Carlyle Group by 297.1% during the 2nd quarter. Edgestream Partners L.P. now owns 159,596 shares of the financial services provider's stock valued at $6,408,000 after acquiring an additional 119,402 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp lifted its stake in The Carlyle Group by 74.2% during the 2nd quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 44,984 shares of the financial services provider's stock valued at $1,806,000 after acquiring an additional 19,160 shares in the last quarter. Finally, Canada Pension Plan Investment Board lifted its stake in The Carlyle Group by 15.6% during the 2nd quarter. Canada Pension Plan Investment Board now owns 577,800 shares of the financial services provider's stock valued at $23,199,000 after acquiring an additional 77,800 shares in the last quarter. 55.88% of the stock is currently owned by institutional investors.

The Carlyle Group Price Performance

Shares of CG traded down $0.43 during trading hours on Friday, reaching $52.64. 1,261,164 shares of the company's stock traded hands, compared to its average volume of 2,351,968. The stock has a market cap of $18.83 billion, a PE ratio of 181.52, a price-to-earnings-growth ratio of 1.45 and a beta of 1.69. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 1.38. The firm's 50 day simple moving average is $51.21 and its 200-day simple moving average is $45.05. The Carlyle Group Inc. has a 12 month low of $36.65 and a 12 month high of $55.11.

The Carlyle Group (NASDAQ:CG - Get Free Report) last issued its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.87 by $0.08. The firm had revenue of $895.00 million during the quarter, compared to the consensus estimate of $908.17 million. The Carlyle Group had a return on equity of 24.91% and a net margin of 2.21%. The company's revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter last year, the company posted $0.87 EPS. Equities analysts expect that The Carlyle Group Inc. will post 3.77 EPS for the current year.

The Carlyle Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Monday, November 18th were given a $0.35 dividend. The ex-dividend date of this dividend was Monday, November 18th. This represents a $1.40 dividend on an annualized basis and a yield of 2.66%. The Carlyle Group's payout ratio is 482.76%.

Insider Buying and Selling

In other The Carlyle Group news, major shareholder Carlyle Group Inc. sold 924,466 shares of The Carlyle Group stock in a transaction that occurred on Wednesday, October 9th. The stock was sold at an average price of $2.14, for a total value of $1,978,357.24. Following the transaction, the insider now directly owns 3,643,231 shares of the company's stock, valued at $7,796,514.34. The trade was a 20.24 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Daniel A. D'aniello sold 495,542 shares of The Carlyle Group stock in a transaction that occurred on Tuesday, November 12th. The stock was sold at an average price of $51.53, for a total value of $25,535,279.26. Following the completion of the transaction, the director now directly owns 32,504,102 shares in the company, valued at $1,674,936,376.06. This trade represents a 1.50 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 2,171,556 shares of company stock worth $29,222,475 in the last quarter. 27.20% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have recently issued reports on CG. Wells Fargo & Company raised their target price on The Carlyle Group from $54.00 to $56.00 and gave the company an "equal weight" rating in a research report on Thursday. TD Cowen raised their target price on The Carlyle Group from $43.00 to $49.00 and gave the company a "hold" rating in a research report on Friday, November 8th. Morgan Stanley raised their target price on The Carlyle Group from $46.00 to $50.00 and gave the company an "equal weight" rating in a research report on Thursday, October 10th. Keefe, Bruyette & Woods lifted their price objective on The Carlyle Group from $51.00 to $55.00 and gave the stock a "market perform" rating in a report on Friday, November 8th. Finally, Evercore ISI lifted their price objective on The Carlyle Group from $45.00 to $47.00 and gave the stock an "in-line" rating in a report on Monday, October 14th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, The Carlyle Group presently has an average rating of "Hold" and an average price target of $54.00.

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.