Asset Management One Co. Ltd. Grows Holdings in The Carlyle Group Inc. (NASDAQ:CG)

Asset Management One Co. Ltd. raised its stake in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 6.0% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 86,696 shares of the financial services provider's stock after buying an additional 4,936 shares during the quarter. Asset Management One Co. Ltd.'s holdings in The Carlyle Group were worth $4,410,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Creative Planning raised its position in shares of The Carlyle Group by 7.4% in the third quarter. Creative Planning now owns 12,787 shares of the financial services provider's stock worth $551,000 after buying an additional 882 shares in the last quarter. Blue Trust Inc. raised its holdings in shares of The Carlyle Group by 147.9% in the 3rd quarter. Blue Trust Inc. now owns 1,909 shares of the financial services provider's stock valued at $77,000 after acquiring an additional 1,139 shares in the last quarter. Raymond James & Associates boosted its position in shares of The Carlyle Group by 11.3% during the 3rd quarter. Raymond James & Associates now owns 546,405 shares of the financial services provider's stock valued at $23,528,000 after acquiring an additional 55,364 shares during the last quarter. Sierra Capital LLC grew its holdings in shares of The Carlyle Group by 119.9% during the third quarter. Sierra Capital LLC now owns 61,555 shares of the financial services provider's stock worth $2,651,000 after purchasing an additional 33,559 shares in the last quarter. Finally, Stanley Laman Group Ltd. raised its stake in The Carlyle Group by 7.5% in the third quarter. Stanley Laman Group Ltd. now owns 116,851 shares of the financial services provider's stock valued at $5,032,000 after purchasing an additional 8,144 shares in the last quarter. 55.88% of the stock is currently owned by institutional investors.

The Carlyle Group Trading Down 3.5 %

The Carlyle Group stock traded down $1.80 during trading hours on Friday, reaching $49.86. The stock had a trading volume of 2,848,699 shares, compared to its average volume of 2,391,713. The company has a fifty day simple moving average of $52.62 and a 200-day simple moving average of $48.45. The Carlyle Group Inc. has a 52 week low of $36.65 and a 52 week high of $57.50. The stock has a market cap of $17.83 billion, a PE ratio of 17.94, a PEG ratio of 0.99 and a beta of 1.70. 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 (NASDAQ:CG - Get Free Report) last posted its 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%. Analysts forecast that The Carlyle Group Inc. will post 4.48 EPS for the current fiscal year.

The Carlyle Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 2.81%. The ex-dividend date is Friday, February 21st. The Carlyle Group's payout ratio is 50.36%.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. TD Cowen boosted their price target on shares of The Carlyle Group from $43.00 to $49.00 and gave the stock a "hold" rating in a research note on Friday, November 8th. Keefe, Bruyette & Woods upped their target price on shares of The Carlyle Group from $51.00 to $55.00 and gave the stock a "market perform" rating in a research report on Friday, November 8th. Wells Fargo & Company lowered their price target on The Carlyle Group from $56.00 to $54.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 12th. Oppenheimer upped their price objective on The Carlyle Group from $78.00 to $85.00 and gave the stock an "outperform" rating in a report on Monday, November 11th. Finally, StockNews.com downgraded The Carlyle Group from a "hold" rating to a "sell" rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, The Carlyle Group currently has an average rating of "Hold" and an average target price of $54.93.

About The Carlyle Group

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.