Sei Investments Co. Buys 8,027 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Sei Investments Co. raised its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 16.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 55,609 shares of the financial services provider's stock after purchasing an additional 8,027 shares during the period. Sei Investments Co.'s holdings in The Carlyle Group were worth $2,807,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in CG. William Blair Investment Management LLC increased its stake in The Carlyle Group by 15.5% during the 4th 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 purchasing an additional 1,773,465 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of The Carlyle Group during the fourth quarter valued at approximately $83,784,000. JPMorgan Chase & Co. raised its holdings in The Carlyle Group by 68.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider's stock worth $82,651,000 after acquiring an additional 777,304 shares during the last quarter. Amundi boosted its stake in The Carlyle Group by 33.6% during the 4th quarter. Amundi now owns 2,364,231 shares of the financial services provider's stock valued at $123,673,000 after purchasing an additional 594,661 shares during the last quarter. Finally, Boston Partners increased its holdings in shares of The Carlyle Group by 7.1% in the 4th quarter. Boston Partners now owns 7,102,085 shares of the financial services provider's stock worth $358,687,000 after purchasing an additional 467,767 shares in the last quarter. 55.88% of the stock is currently owned by hedge funds and other institutional investors.

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Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Evercore ISI lifted their price objective on The Carlyle Group from $51.00 to $52.00 and gave the stock an "in-line" rating in a report on Wednesday, February 12th. StockNews.com cut shares of The Carlyle Group from a "hold" rating to a "sell" rating in a report on Thursday, February 20th. TD Cowen dropped 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 report on Wednesday. Wells Fargo & Company decreased their target price on shares of The Carlyle Group from $48.00 to $39.00 and set an "equal weight" rating for the company in a research note on Tuesday. Finally, Barclays cut their price objective on The Carlyle Group from $55.00 to $43.00 and set an "overweight" rating for the company in a report on Monday. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, The Carlyle Group currently has an average rating of "Hold" and a consensus price target of $51.06.

The Carlyle Group Price Performance

The Carlyle Group stock traded up $4.14 during mid-day trading on Wednesday, hitting $39.56. The stock had a trading volume of 10,601,315 shares, compared to its average volume of 2,495,906. 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 firm's 50 day moving average is $45.92 and its 200 day moving average is $49.31. The firm has a market capitalization of $14.29 billion, a P/E ratio of 14.23, a P/E/G ratio of 0.98 and a beta of 1.72. The Carlyle Group Inc. has a one year low of $33.02 and a one year high of $57.50.

The Carlyle Group (NASDAQ:CG - Get Free Report) last released 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%. On average, sell-side analysts forecast that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

The Carlyle Group Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given 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 3.54%. The Carlyle Group's payout ratio is 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.