6 days Ago By ABMN Staff
Wellington Management Group LLP lifted its stake in shares of The Carlyle Group Inc. ( NASDAQ:CG – Free Report ) by 4.1% during the fourth quarter, HoldingsChannel.
com reports. The firm owned 8,664 shares of the financial services provider’s stock after purchasing an additional 344 shares during the period. Wellington Management Group LLP’s holdings in The Carlyle Group were worth $437,000 at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in The Carlyle Group by 0.
8% in the 4th quarter. Vanguard Group Inc. now owns 23,161,423 shares of the financial services provider’s stock valued at $1,169,420,000 after purchasing an additional 180,757 shares during the last quarter.
William Blair Investment Management LLC lifted its position in The Carlyle Group by 15.5% during the fourth quarter. William Blair Investment Management LLC now owns 13,249,941 shares of the financial services provider’s stock valued at $668,990,000 after buying an additional 1,773,465 shares in the last quarter.
Boston Partners increased its holdings in The Carlyle Group by 7.1% in the 4th 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 in the last quarter.
Amundi grew its stake 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. raised its stake in shares of The Carlyle Group by 68.1% during the third 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. 55.
88% of the stock is owned by hedge funds and other institutional investors. The Carlyle Group Stock Up 1.0 % Shares of NASDAQ:CG opened at $36.
59 on Tuesday. The firm has a 50 day simple moving average of $44.93 and a 200 day simple moving average of $49.
22. 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 Carlyle Group Inc.
has a 52 week low of $33.02 and a 52 week high of $57.50.
The company has a market cap of $13.22 billion, a PE ratio of 13.16, a price-to-earnings-growth ratio of 0.
98 and a beta of 1.72. The Carlyle Group Announces Dividend The company also recently declared a quarterly dividend, which was paid on Friday, February 28th.
Investors of record on Friday, February 21st were paid a $0.35 dividend. The ex-dividend date was Friday, February 21st.
This represents a $1.40 annualized dividend and a dividend yield of 3.83%.
The Carlyle Group’s payout ratio is 50.36%. Analyst Ratings Changes A number of brokerages have recently issued reports on CG.
Morgan Stanley dropped their target price on The Carlyle Group from $57.00 to $44.00 and set an “equal weight” rating on the stock in a research report on Monday.
StockNews.com lowered shares of The Carlyle Group from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. Wells Fargo & Company dropped 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. Bank of America reduced their price objective on The Carlyle Group from $47.
00 to $46.00 and set an “underperform” rating for the company in a research report on Friday, April 4th. Finally, JMP Securities decreased their target price on shares of The Carlyle Group from $62.
00 to $58.00 and set a “market outperform” rating for the company in a research report on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company’s stock.
According to MarketBeat, the company presently has an average rating of “Hold” and an average target price of $50.71. View Our Latest Stock Analysis on CG The 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. Recommended Stories Want to see what other hedge funds are holding CG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The Carlyle Group Inc.
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