The Carlyle Group Inc. (NASDAQ:CG) Receives Average Rating of "Hold" from Analysts

The Carlyle Group Inc. (NASDAQ:CG - Get Free Report) has been assigned a consensus recommendation of "Hold" from the fifteen analysts that are covering the firm, MarketBeat reports. Eight research analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price target among brokerages that have updated their coverage on the stock in the last year is $54.93.

A number of brokerages have recently issued reports on CG. Keefe, Bruyette & Woods lifted their price target on The Carlyle Group from $51.00 to $55.00 and gave the company a "market perform" rating in a research report on Friday, November 8th. Evercore ISI raised their price objective on The Carlyle Group from $51.00 to $52.00 and gave the company an "in-line" rating in a research note on Wednesday, February 12th. StockNews.com downgraded The Carlyle Group from a "hold" rating to a "sell" rating in a research report on Thursday, February 20th. Barclays lowered their price target on 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. Finally, TD Cowen raised their price target on The Carlyle Group from $43.00 to $49.00 and gave the stock a "hold" rating in a research note on Friday, November 8th.

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Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Golden State Wealth Management LLC purchased a new stake in shares of The Carlyle Group during the fourth quarter valued at $25,000. National Pension Service purchased a new stake in The Carlyle Group during the fourth quarter worth $25,000. Valley National Advisers Inc. raised its position in shares of 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 acquiring an additional 327 shares in the last quarter. Nisa Investment Advisors LLC raised its holdings in The Carlyle Group by 253.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider's stock worth $29,000 after purchasing an additional 405 shares in the last quarter. Finally, Main Street Group LTD purchased a new stake in shares of The Carlyle Group during the 4th quarter valued at $29,000. Institutional investors own 55.88% of the company's stock.

The Carlyle Group Stock Performance

The Carlyle Group stock traded down $1.93 during mid-day trading on Friday, reaching $47.91. 916,166 shares of the company's stock were exchanged, compared to its average volume of 2,254,857. The firm has a market capitalization of $17.14 billion, a PE ratio of 17.31, a P/E/G ratio of 0.98 and a beta of 1.70. 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 business's fifty day simple moving average is $52.43 and its 200 day simple moving average is $48.98. The Carlyle Group has a one year low of $36.65 and a one year high of $57.50.

The Carlyle Group (NASDAQ:CG - Get Free Report) last issued its quarterly earnings results 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%. On average, sell-side analysts expect that The Carlyle Group will post 4.48 earnings per share for the current year.

The Carlyle Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a $0.35 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a yield of 2.92%. 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.