Analysts Set The Carlyle Group Inc. (NASDAQ:CG) Price Target at $54.53

The Carlyle Group Inc. (NASDAQ:CG - Get Free Report) has been assigned an average recommendation of "Hold" from the fifteen analysts that are currently covering the firm, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1-year target price among analysts that have covered the stock in the last year is $54.53.

Several equities research analysts have weighed in on the stock. Barclays dropped their price target on shares of The Carlyle Group from $60.00 to $55.00 and set an "overweight" rating for the company in a research report on Wednesday, February 12th. Evercore ISI raised their target price on 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. Wells Fargo & Company lowered their price target on The Carlyle Group from $54.00 to $48.00 and set an "equal weight" rating for the company in a research report on Thursday, March 20th. StockNews.com cut The Carlyle Group from a "hold" rating to a "sell" rating in a research note on Thursday, February 20th. Finally, Wolfe Research raised The Carlyle Group from a "peer perform" rating to an "outperform" rating and set a $60.00 price target for the company in a research note on Friday, January 3rd.

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Hedge Funds Weigh In On The Carlyle Group

Institutional investors and hedge funds have recently modified their holdings of the stock. National Pension Service bought a new position in The Carlyle Group in the 4th quarter valued at approximately $25,000. Golden State Wealth Management LLC bought a new position in shares of The Carlyle Group during the fourth quarter valued at $25,000. Valley National Advisers Inc. increased its holdings in The Carlyle Group by 149.3% in the 4th quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider's stock worth $27,000 after buying an additional 327 shares in the last quarter. Nisa Investment Advisors LLC raised its position in 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 buying an additional 405 shares during the last quarter. Finally, Main Street Group LTD purchased a new stake in shares of The Carlyle Group during the 4th quarter valued at about $29,000. 55.88% of the stock is currently owned by institutional investors.

The Carlyle Group Trading Down 4.3 %

Shares of NASDAQ:CG traded down $1.94 on Tuesday, reaching $43.15. 1,714,329 shares of the company traded hands, compared to its average volume of 2,381,281. The Carlyle Group has a 52 week low of $36.65 and a 52 week high of $57.50. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 1.42. The business's 50-day simple moving average is $49.27 and its 200 day simple moving average is $49.42. The stock has a market capitalization of $15.59 billion, a P/E ratio of 15.52, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73.

The Carlyle Group (NASDAQ:CG - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The financial services provider reported $0.92 EPS for the quarter, missing analysts' consensus estimates 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 analysts anticipate that The Carlyle Group will post 4.48 EPS for the current fiscal year.

The Carlyle Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a $0.35 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.24%. The Carlyle Group's dividend 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.