Tredje AP fonden Has $859,000 Position in The Carlyle Group Inc. (NASDAQ:CG)

Tredje AP fonden trimmed its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 50.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,018 shares of the financial services provider's stock after selling 17,017 shares during the period. Tredje AP fonden's holdings in The Carlyle Group were worth $859,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the business. Golden State Wealth Management LLC bought a new stake in The Carlyle Group in the fourth quarter valued at approximately $25,000. National Pension Service bought a new position in The Carlyle Group during the fourth quarter worth about $25,000. Valley National Advisers Inc. increased its holdings in shares of The Carlyle Group by 149.3% in the fourth quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider's stock worth $27,000 after acquiring an additional 327 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in shares of The Carlyle Group by 253.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider's stock valued at $29,000 after purchasing an additional 405 shares in the last quarter. Finally, Brooklyn Investment Group bought a new stake in The Carlyle Group during the 3rd quarter worth approximately $33,000. 55.88% of the stock is currently owned by institutional investors and hedge funds.

The Carlyle Group Stock Performance

Shares of NASDAQ:CG traded up $1.26 on Wednesday, hitting $43.46. The company had a trading volume of 5,122,492 shares, compared to its average volume of 2,298,453. The stock has a 50 day moving average price of $50.52 and a 200 day moving average price of $49.20. 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 stock has a market cap of $15.70 billion, a price-to-earnings ratio of 15.63, a P/E/G ratio of 0.98 and a beta of 1.73. The Carlyle Group Inc. has a 1-year low of $36.65 and a 1-year high of $57.50.

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The Carlyle Group (NASDAQ:CG - Get Free Report) last issued its quarterly earnings data 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%. Analysts expect that The Carlyle Group Inc. will post 4.48 EPS for the current year.

The Carlyle Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a $0.35 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.22%. The Carlyle Group's payout ratio is presently 50.36%.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Oppenheimer cut shares of The Carlyle Group from an "outperform" rating to a "market perform" rating in a report on Wednesday. Wolfe Research upgraded 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. Wells Fargo & Company decreased their price target on shares of The Carlyle Group from $56.00 to $54.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 12th. Barclays decreased their target price on shares of The Carlyle Group from $60.00 to $55.00 and set an "overweight" rating for the company in a research report on Wednesday, February 12th. Finally, Evercore ISI raised their price objective on The Carlyle Group from $51.00 to $52.00 and gave the company an "in-line" rating in a report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock 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.