Trexquant Investment LP Has $6.21 Million Position in The Carlyle Group Inc. (NASDAQ:CG)

Trexquant Investment LP trimmed its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 16.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 123,036 shares of the financial services provider's stock after selling 24,613 shares during the period. Trexquant Investment LP's holdings in The Carlyle Group were worth $6,212,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of CG. Vanguard Group Inc. lifted its holdings in shares of The Carlyle Group by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 23,161,423 shares of the financial services provider's stock valued at $1,169,420,000 after buying an additional 180,757 shares during the period. William Blair Investment Management LLC grew its stake in shares of The Carlyle Group by 15.5% in 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 purchasing an additional 1,773,465 shares during the last quarter. Boston Partners lifted its stake in The Carlyle Group by 7.1% during the fourth quarter. Boston Partners now owns 7,102,085 shares of the financial services provider's stock valued at $358,687,000 after purchasing an additional 467,767 shares during the last quarter. Amundi increased its holdings in shares of The Carlyle Group by 33.6% in the fourth quarter. Amundi now owns 2,364,231 shares of the financial services provider's stock valued at $123,673,000 after buying an additional 594,661 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of The Carlyle Group by 68.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider's stock valued at $82,651,000 after acquiring an additional 777,304 shares during the last quarter. Institutional investors and hedge funds own 55.88% of the company's stock.

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The Carlyle Group Stock Performance

CG stock traded down $3.18 during mid-day trading on Thursday, reaching $36.39. 1,278,810 shares of the stock traded hands, compared to its average volume of 2,491,909. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 1.42. The business has a 50-day moving average of $45.92 and a two-hundred day moving average of $49.31. The firm has a market capitalization of $13.14 billion, a PE ratio of 12.97, a P/E/G ratio of 0.98 and a beta of 1.72. 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 issued its earnings results on Monday, February 10th. The financial services provider reported $0.92 EPS for the quarter, missing analysts' consensus estimates of $1.00 by ($0.08). The Carlyle Group had a net margin of 18.81% and a return on equity of 24.02%. As a group, equities analysts predict that The Carlyle Group Inc. will post 4.48 EPS for the current fiscal year.

The Carlyle Group Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 3.85%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group's dividend payout ratio is currently 50.36%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on CG shares. Evercore ISI upped their target price 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. 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 report on Tuesday. Citigroup decreased their price objective on shares of The Carlyle Group from $55.00 to $39.00 and set a "neutral" rating for the company in a research note on Tuesday. TD Cowen lowered their price target on The Carlyle Group from $54.00 to $37.00 and set a "hold" rating on the stock in a report on Wednesday. Finally, Wolfe Research raised The Carlyle Group from a "peer perform" rating to an "outperform" rating and set a $60.00 target price on the stock in a research note on Friday, January 3rd. Two research analysts have rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $51.06.

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.