The Carlyle Group Target of Unusually Large Options Trading (NASDAQ:CG)

The Carlyle Group Inc. (NASDAQ:CG - Get Free Report) saw some unusual options trading on Monday. Traders acquired 6,629 call options on the stock. This is an increase of 280% compared to the typical volume of 1,746 call options.

The Carlyle Group Price Performance

The Carlyle Group stock traded down $1.87 on Friday, reaching $43.23. The company's stock had a trading volume of 395,642 shares, compared to its average volume of 2,312,168. The Carlyle Group has a twelve month low of $36.65 and a twelve month high of $57.50. The company has a market cap of $15.61 billion, a price-to-earnings ratio of 15.54, a PEG ratio of 0.98 and a beta of 1.73. The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.32 and a current ratio of 2.32. The business's fifty day moving average price is $49.52 and its 200 day moving average price is $49.38.

The Carlyle Group (NASDAQ:CG - Get Free Report) last announced its earnings results 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%. Equities analysts expect that The Carlyle Group will post 4.48 earnings per share for the current fiscal year.

The Carlyle Group Announces Dividend

The company also recently announced 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 3.24%. The Carlyle Group's payout ratio is currently 50.36%.

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Analyst Upgrades and Downgrades

CG has been the topic of several research reports. StockNews.com downgraded shares of The Carlyle Group from a "hold" rating to a "sell" rating in a report on Thursday, February 20th. Oppenheimer cut The Carlyle Group from an "outperform" rating to a "market perform" rating in a report on Wednesday, March 19th. Wells Fargo & Company lowered their price objective on The Carlyle Group from $54.00 to $48.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 20th. Barclays decreased their price target on shares of The Carlyle Group from $60.00 to $55.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 12th. Finally, 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 report on Friday, January 3rd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $54.53.

Institutional Trading of The Carlyle Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CG. Massachusetts Financial Services Co. MA grew its position in shares of The Carlyle Group by 201.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,351,432 shares of the financial services provider's stock worth $320,684,000 after buying an additional 4,244,131 shares during the period. William Blair Investment Management LLC grew its holdings 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 worth $668,990,000 after acquiring an additional 1,773,465 shares during the period. FMR LLC lifted its stake in shares of The Carlyle Group by 72.8% in the 3rd quarter. FMR LLC now owns 4,051,757 shares of the financial services provider's stock valued at $174,469,000 after purchasing an additional 1,707,520 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of The Carlyle Group during the fourth quarter worth $83,784,000. Finally, Frontier Capital Management Co. LLC lifted its stake in The Carlyle Group by 98.8% in the fourth quarter. Frontier Capital Management Co. LLC now owns 2,455,963 shares of the financial services provider's stock valued at $124,002,000 after buying an additional 1,220,827 shares during the period. 55.88% of the stock is currently owned by institutional investors and hedge funds.

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.