The Carlyle Group Inc. (NASDAQ:CG) Shares Purchased by MetLife Investment Management LLC

MetLife Investment Management LLC boosted its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 9.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 119,099 shares of the financial services provider's stock after purchasing an additional 10,275 shares during the period. MetLife Investment Management LLC's holdings in The Carlyle Group were worth $6,013,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in CG. Korea Investment CORP increased its stake in The Carlyle Group by 28.6% in the 4th quarter. Korea Investment CORP now owns 165,660 shares of the financial services provider's stock valued at $8,364,000 after buying an additional 36,873 shares during the period. JPMorgan Chase & Co. increased its stake in shares of The Carlyle Group by 68.1% during the third quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider's stock worth $82,651,000 after acquiring an additional 777,304 shares during the period. Invesco Ltd. lifted its position in The Carlyle Group by 9.7% in the fourth quarter. Invesco Ltd. now owns 650,735 shares of the financial services provider's stock valued at $32,856,000 after purchasing an additional 57,606 shares during the period. Sargent Investment Group LLC boosted its holdings in The Carlyle Group by 6.5% in the 4th quarter. Sargent Investment Group LLC now owns 302,385 shares of the financial services provider's stock valued at $15,283,000 after purchasing an additional 18,537 shares in the last quarter. Finally, Franklin Street Advisors Inc. NC purchased a new position in shares of The Carlyle Group during the 4th quarter worth approximately $17,671,000. 55.88% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

CG has been the topic of a number of recent analyst reports. Wolfe Research raised The Carlyle Group from a "peer perform" rating to an "outperform" rating and set a $60.00 price objective on the stock in a report on Friday, January 3rd. Wells Fargo & Company lowered their price target 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. Oppenheimer cut shares of The Carlyle Group from an "outperform" rating to a "market perform" rating in a research note on Wednesday, March 19th. Bank of America dropped their target price on shares of The Carlyle Group from $47.00 to $46.00 and set an "underperform" rating for the company in a report on Friday, April 4th. Finally, JMP Securities lowered their price target on The Carlyle Group from $62.00 to $58.00 and set a "market outperform" rating on the stock in a report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $50.71.

The Carlyle Group Trading Up 0.6 %

Shares of CG traded up $0.24 on Friday, hitting $39.03. 1,652,763 shares of the stock traded hands, compared to its average volume of 2,603,671. The Carlyle Group Inc. has a 1 year low of $33.02 and a 1 year high of $57.50. The stock's 50 day moving average is $42.22 and its two-hundred day moving average is $48.65. The firm has a market capitalization of $14.09 billion, a P/E ratio of 14.04, a P/E/G ratio of 0.98 and a beta of 1.72. 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 (NASDAQ:CG - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The financial services provider reported $0.92 earnings per share (EPS) 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, sell-side analysts predict that The Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The Carlyle Group Dividend Announcement

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 dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.40 annualized dividend and a dividend yield of 3.59%. The Carlyle Group's payout ratio is currently 50.36%.

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.