Stephens Inc. AR Purchases 11,765 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Stephens Inc. AR grew its position in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 14.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 90,782 shares of the financial services provider's stock after buying an additional 11,765 shares during the quarter. Stephens Inc. AR's holdings in The Carlyle Group were worth $3,909,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the company. Bleakley Financial Group LLC raised its stake in shares of The Carlyle Group by 0.5% in the 3rd quarter. Bleakley Financial Group LLC now owns 41,742 shares of the financial services provider's stock valued at $1,797,000 after acquiring an additional 208 shares in the last quarter. Tobam raised its stake in shares of The Carlyle Group by 32.8% in the 3rd quarter. Tobam now owns 890 shares of the financial services provider's stock valued at $38,000 after acquiring an additional 220 shares in the last quarter. Retirement Planning Co of New England Inc. raised its stake in shares of The Carlyle Group by 2.5% in the 1st quarter. Retirement Planning Co of New England Inc. now owns 11,314 shares of the financial services provider's stock valued at $531,000 after acquiring an additional 271 shares in the last quarter. Western Pacific Wealth Management LP raised its stake in shares of The Carlyle Group by 14.7% in the 1st quarter. Western Pacific Wealth Management LP now owns 2,447 shares of the financial services provider's stock valued at $115,000 after acquiring an additional 313 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of The Carlyle Group by 0.5% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 61,684 shares of the financial services provider's stock valued at $2,484,000 after acquiring an additional 318 shares in the last quarter. 55.88% of the stock is currently owned by institutional investors and hedge funds.

The Carlyle Group Trading Down 0.2 %

Shares of CG traded down $0.11 during trading hours on Friday, hitting $49.92. 1,289,183 shares of the stock traded hands, compared to its average volume of 2,558,934. The company has a current ratio of 2.55, a quick ratio of 2.55 and a debt-to-equity ratio of 1.75. The Carlyle Group Inc. has a 1-year low of $28.16 and a 1-year high of $52.73. The firm has a market capitalization of $17.79 billion, a PE ratio of -44.57, a price-to-earnings-growth ratio of 1.27 and a beta of 1.70. The business has a fifty day moving average of $44.48 and a 200-day moving average of $43.20.

The Carlyle Group (NASDAQ:CG - Get Free Report) last released its earnings results on Monday, August 5th. The financial services provider reported $0.78 earnings per share for the quarter, missing the consensus estimate of $0.83 by ($0.05). The Carlyle Group had a negative net margin of 11.67% and a positive return on equity of 24.30%. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $808.73 million. During the same period in the previous year, the company posted $0.88 EPS. The company's quarterly revenue was up 131.5% compared to the same quarter last year. Analysts expect that The Carlyle Group Inc. will post 3.71 EPS for the current year.

Analyst Upgrades and Downgrades

CG has been the topic of several recent analyst reports. TD Cowen lifted their price target on The Carlyle Group from $41.00 to $42.00 and gave the stock a "hold" rating in a research report on Tuesday, August 6th. Evercore ISI lifted their price target on The Carlyle Group from $45.00 to $47.00 and gave the stock an "in-line" rating in a research report on Monday, October 14th. JMP Securities reaffirmed a "market outperform" rating and issued a $60.00 price target on shares of The Carlyle Group in a research report on Wednesday, October 9th. Redburn Atlantic began coverage on The Carlyle Group in a research note on Tuesday, August 27th. They issued a "buy" rating and a $55.00 target price for the company. Finally, JPMorgan Chase & Co. upped their target price on The Carlyle Group from $44.00 to $50.00 and gave the company a "neutral" rating in a research note on Wednesday, October 23rd. Nine analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $51.33.

Insider Buying and Selling at The Carlyle Group

In other news, major shareholder Carlyle Group Inc. sold 118,172 shares of the firm's stock in a transaction dated Monday, August 5th. The stock was sold at an average price of $40.37, for a total transaction of $4,770,603.64. Following the sale, the insider now owns 8,606,174 shares of the company's stock, valued at $347,431,244.38. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last quarter, insiders have sold 1,872,366 shares of company stock valued at $11,580,308. 27.20% of the stock is currently owned by company insiders.

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.