The Carlyle Group Inc. (NASDAQ:CG) Short Interest Up 23.1% in February

The Carlyle Group Inc. (NASDAQ:CG - Get Free Report) was the target of a significant increase in short interest in February. As of February 15th, there was short interest totalling 10,910,000 shares, an increase of 23.1% from the January 31st total of 8,860,000 shares. Currently, 4.3% of the company's stock are short sold. Based on an average trading volume of 2,270,000 shares, the days-to-cover ratio is currently 4.8 days.

The Carlyle Group Stock Down 1.3 %

Shares of CG stock traded down $0.55 on Friday, hitting $43.00. The stock had a trading volume of 3,437,633 shares, compared to its average volume of 2,262,980. The business has a 50 day moving average of $51.85 and a 200 day moving average of $49.06. The stock has a market cap of $15.53 billion, a price-to-earnings ratio of 15.47, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.32 and a quick ratio of 2.32. The Carlyle Group has a 12-month low of $36.65 and a 12-month high of $57.50.

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 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, analysts expect that The Carlyle Group will post 4.48 EPS for the current year.

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The Carlyle Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a $0.35 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.40 annualized dividend and a dividend yield of 3.26%. The Carlyle Group's payout ratio is 50.36%.

Wall Street Analyst Weigh In

CG has been the topic of several research analyst reports. Oppenheimer increased their target price on shares of The Carlyle Group from $78.00 to $85.00 and gave the stock an "outperform" rating in a research note on Monday, November 11th. Evercore ISI increased their target price on shares of 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. StockNews.com lowered shares of The Carlyle Group from a "hold" rating to a "sell" rating in a research note on Thursday, February 20th. Wolfe Research raised shares of The Carlyle Group from a "peer perform" rating to an "outperform" rating and set a $60.00 price objective on the stock in a research note on Friday, January 3rd. Finally, Wells Fargo & Company dropped their price objective on shares of The Carlyle Group from $56.00 to $54.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Hold" and an average target price of $54.93.

Hedge Funds Weigh In On The Carlyle Group

Several large investors have recently modified their holdings of the business. Vanguard Group Inc. increased its stake in shares of The Carlyle Group by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 23,161,423 shares of the financial services provider's stock worth $1,169,420,000 after purchasing an additional 180,757 shares in the last quarter. Capital World Investors boosted its position in shares of The Carlyle Group by 0.3% in the fourth quarter. Capital World Investors now owns 19,778,358 shares of the financial services provider's stock valued at $998,609,000 after acquiring an additional 50,784 shares during the period. William Blair Investment Management LLC boosted its position in shares of The Carlyle Group by 15.5% in the fourth quarter. William Blair Investment Management LLC now owns 13,249,941 shares of the financial services provider's stock valued at $668,990,000 after acquiring an additional 1,773,465 shares during the period. Boston Partners boosted its position in shares of The Carlyle Group by 7.1% in the fourth quarter. Boston Partners now owns 7,102,085 shares of the financial services provider's stock valued at $358,687,000 after acquiring an additional 467,767 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its position in shares of The Carlyle Group by 201.4% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,351,432 shares of the financial services provider's stock valued at $320,684,000 after acquiring an additional 4,244,131 shares during the period. Hedge funds and other institutional investors own 55.88% of the company's stock.

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.