The Carlyle Group Inc. (NASDAQ:CG) Shares Bought by Capital World Investors

Capital World Investors increased its holdings in The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 0.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,778,358 shares of the financial services provider's stock after purchasing an additional 50,784 shares during the quarter. Capital World Investors owned 5.53% of The Carlyle Group worth $998,609,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of CG. Arizona State Retirement System lifted its holdings in The Carlyle Group by 0.3% in the 4th quarter. Arizona State Retirement System now owns 67,239 shares of the financial services provider's stock worth $3,395,000 after purchasing an additional 220 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. raised its holdings in shares of The Carlyle Group by 0.3% in the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 80,820 shares of the financial services provider's stock worth $4,081,000 after buying an additional 225 shares in the last quarter. Aviva PLC grew its holdings in shares of The Carlyle Group by 1.3% in the 4th quarter. Aviva PLC now owns 17,408 shares of the financial services provider's stock worth $879,000 after purchasing an additional 227 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of The Carlyle Group by 0.6% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 46,607 shares of the financial services provider's stock worth $2,353,000 after buying an additional 258 shares in the last quarter. Finally, O ROURKE & COMPANY Inc boosted its stake in The Carlyle Group by 1.5% in the fourth quarter. O ROURKE & COMPANY Inc now owns 17,990 shares of the financial services provider's stock worth $908,000 after purchasing an additional 266 shares in the last quarter. 55.88% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

CG has been the topic of several recent research reports. TD Cowen reduced their target price on shares of The Carlyle Group from $54.00 to $37.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Evercore ISI lifted their target price on The Carlyle Group from $51.00 to $52.00 and gave the company an "in-line" rating in a research report on Wednesday, February 12th. Wolfe Research raised shares of The Carlyle Group from a "peer perform" rating to an "outperform" rating and set a $60.00 price objective for the company in a research report on Friday, January 3rd. Morgan Stanley dropped their price objective on shares of The Carlyle Group from $57.00 to $44.00 and set an "equal weight" rating on the stock in a research report on Monday, April 14th. Finally, JMP Securities reduced their target price on shares of The Carlyle Group from $62.00 to $58.00 and set a "market outperform" rating for the company in a research report on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $50.71.

The Carlyle Group Trading Up 2.7 %

Shares of NASDAQ:CG traded up $0.96 during trading on Wednesday, hitting $36.65. The company had a trading volume of 5,375,853 shares, compared to its average volume of 2,594,253. 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 Inc. has a one year low of $33.02 and a one year high of $57.50. The stock has a market cap of $13.24 billion, a price-to-earnings ratio of 13.18, a price-to-earnings-growth ratio of 0.98 and a beta of 1.72. The company has a fifty day simple moving average of $43.07 and a two-hundred day simple moving average of $48.83.

The Carlyle Group (NASDAQ:CG - Get Free Report) last issued its earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share 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%. As a group, equities analysts forecast that The Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The Carlyle Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.82%. The Carlyle Group's payout ratio is 50.36%.

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.