6 days Ago By Defense World Staff
Wellington Management Group LLP lifted its position in The Carlyle Group Inc. (NASDAQ:CG – Free Report) by 4.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The fund owned 8,664 shares of the financial services provider’s stock after purchasing an additional 344 shares during the quarter. Wellington Management Group LLP’s holdings in The Carlyle Group were worth $437,000 at the end of the most recent reporting period. Other large investors have also added to or reduced their stakes in the company.
Korea Investment CORP lifted its holdings in shares of The Carlyle Group by 28.6% in the 4th quarter. Korea Investment CORP now owns 165,660 shares of the financial services provider’s stock worth $8,364,000 after acquiring an additional 36,873 shares during the last quarter.
JPMorgan Chase & Co. increased its position in 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 purchasing an additional 777,304 shares during the period. Sargent Investment Group LLC raised its stake in The Carlyle Group by 6.
5% in the fourth quarter. Sargent Investment Group LLC now owns 302,385 shares of the financial services provider’s stock worth $15,283,000 after buying an additional 18,537 shares in the last quarter. Franklin Street Advisors Inc.
NC purchased a new stake in shares of The Carlyle Group during the 4th quarter worth $17,671,000. Finally, Charles Schwab Investment Management Inc. grew its position in shares of The Carlyle Group by 1.
0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,406,201 shares of the financial services provider’s stock worth $70,999,000 after buying an additional 14,024 shares during the last quarter.
Institutional investors own 55.88% of the company’s stock. The Carlyle Group Price PerformanceNASDAQ:CG opened at $36.
59 on Tuesday. The company has a market capitalization of $13.22 billion, a P/E ratio of 13.
16, 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 stock’s fifty day moving average is $44.93 and its two-hundred day moving average is $49.
22. 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 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 net margin of 18.81% and a return on equity of 24.
02%. Equities analysts expect that The Carlyle Group Inc. will post 4.
48 EPS for the current year. The Carlyle Group Dividend AnnouncementThe firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a $0.
35 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.
40 annualized dividend and a dividend yield of 3.83%. The Carlyle Group’s dividend payout ratio (DPR) is 50.
36%. Analyst Ratings ChangesSeveral research analysts recently issued reports on CG shares. Wells Fargo & Company reduced their target price on The Carlyle Group from $48.
00 to $39.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 8th. Oppenheimer downgraded The Carlyle Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, March 19th.
Morgan Stanley decreased their target price on shares of The Carlyle Group from $57.00 to $44.00 and set an “equal weight” rating for the company in a research note on Monday.
JMP Securities lowered their price target on The Carlyle Group from $62.00 to $58.00 and set a “market outperform” rating on the stock in a research report on Tuesday, April 8th.
Finally, Evercore ISI lifted their target price on shares of The Carlyle Group from $51.00 to $52.00 and gave the company an “in-line” rating in a research report on Wednesday, February 12th.
Two equities research analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $50.
71.View Our Latest Report on The Carlyle GroupThe Carlyle Group Profile (Free Report)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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