Tower Research Capital LLC TRC Decreases Stock Holdings in The Carlyle Group Inc. (NASDAQ:CG)

Tower Research Capital LLC TRC decreased its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 38.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,105 shares of the financial services provider's stock after selling 8,352 shares during the quarter. Tower Research Capital LLC TRC's holdings in The Carlyle Group were worth $662,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. National Pension Service acquired a new position in shares of The Carlyle Group during the fourth quarter worth $25,000. Golden State Wealth Management LLC acquired a new position in The Carlyle Group in the 4th quarter worth $25,000. Valley National Advisers Inc. grew its stake in shares of The Carlyle Group by 149.3% during the fourth quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider's stock valued at $27,000 after acquiring an additional 327 shares in the last quarter. Nisa Investment Advisors LLC increased its position in shares of The Carlyle Group by 253.1% during the fourth quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider's stock worth $29,000 after acquiring an additional 405 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB boosted its holdings in The Carlyle Group by 8,090.9% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 901 shares of the financial services provider's stock valued at $45,000 after purchasing an additional 890 shares during the last quarter. 55.88% of the stock is currently owned by institutional investors and hedge funds.

The Carlyle Group Price Performance

NASDAQ CG opened at $39.03 on Monday. The company has a 50-day moving average price of $42.22 and a two-hundred day moving average price of $48.66. The stock has a market cap of $14.09 billion, a price-to-earnings ratio of 14.04, a price-to-earnings-growth ratio of 0.98 and a beta of 1.72. 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 Carlyle Group Inc. has a 52 week low of $33.02 and a 52 week high of $57.50.

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 for the quarter, missing the consensus estimate of $1.00 by ($0.08). The Carlyle Group had a net margin of 18.81% and a return on equity of 24.02%. Analysts forecast that The Carlyle Group Inc. will post 4.48 EPS for the current year.

The Carlyle Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a dividend of $0.35 per share. The ex-dividend date was Friday, February 21st. This represents a $1.40 annualized dividend and a yield of 3.59%. The Carlyle Group's payout ratio is 50.36%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CG. StockNews.com lowered The Carlyle Group from a "hold" rating to a "sell" rating in a research report on Thursday, February 20th. Evercore ISI increased their price objective on shares of The Carlyle Group from $51.00 to $52.00 and gave the company an "in-line" rating in a research note on Wednesday, February 12th. Morgan Stanley cut their target price on shares of The Carlyle Group from $57.00 to $44.00 and set an "equal weight" rating on the stock in a research note on Monday, April 14th. JMP Securities decreased their price target on The Carlyle Group from $62.00 to $58.00 and set a "market outperform" rating for the company in a research note on Tuesday, April 8th. Finally, Citigroup reduced their target price on The Carlyle Group from $55.00 to $39.00 and set a "neutral" rating on the stock in a report on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $50.71.

The Carlyle Group 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.

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