2 weeks Ago By ABMN Staff
Wells Fargo & Company MN decreased its position in The Carlyle Group Inc. ( NASDAQ:CG – Free Report ) by 1.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission.
The institutional investor owned 370,192 shares of the financial services provider’s stock after selling 5,334 shares during the period. Wells Fargo & Company MN owned about 0.10% of The Carlyle Group worth $18,691,000 as of its most recent SEC filing.
Several other institutional investors also recently modified their holdings of CG. HighTower Advisors LLC lifted its stake in The Carlyle Group by 1.1% during the third quarter.
HighTower Advisors LLC now owns 39,421 shares of the financial services provider’s stock worth $1,701,000 after purchasing an additional 415 shares during the period. Janus Henderson Group PLC lifted its position in shares of The Carlyle Group by 116.0% during the 3rd quarter.
Janus Henderson Group PLC now owns 18,994 shares of the financial services provider’s stock worth $818,000 after buying an additional 10,200 shares during the period. Wellington Management Group LLP grew its position in The Carlyle Group by 32.8% in the third quarter.
Wellington Management Group LLP now owns 8,320 shares of the financial services provider’s stock valued at $358,000 after acquiring an additional 2,055 shares during the period. MML Investors Services LLC raised its stake in The Carlyle Group by 11.0% during the third quarter.
MML Investors Services LLC now owns 17,085 shares of the financial services provider’s stock worth $736,000 after acquiring an additional 1,688 shares in the last quarter. Finally, Toronto Dominion Bank lifted its holdings in shares of The Carlyle Group by 15.0% during the third quarter.
Toronto Dominion Bank now owns 57,801 shares of the financial services provider’s stock valued at $2,489,000 after acquiring an additional 7,533 shares during the period. Institutional investors and hedge funds own 55.88% of the company’s stock.
Wall Street Analyst Weigh In CG has been the subject of a number of recent analyst reports. TD Cowen dropped their target price on shares of The Carlyle Group from $54.00 to $37.
00 and set a “hold” rating for the company in a research report on Wednesday, April 9th. Barclays cut their target price on shares of The Carlyle Group from $55.00 to $43.
00 and set an “overweight” rating for the company in a research note on Monday, April 7th. Wolfe Research upgraded The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price target on the stock in a research report on Friday, January 3rd.
JMP Securities reduced their price objective on The Carlyle Group from $62.00 to $58.00 and set a “market outperform” rating on the stock in a research note on Tuesday, April 8th.
Finally, Wells Fargo & Company lowered their target price on The Carlyle Group from $48.00 to $39.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 8th.
Two investment 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 an average price target of $51.
06. The Carlyle Group Stock Performance CG stock opened at $36.23 on Monday.
The Carlyle Group Inc. has a twelve month low of $33.02 and a twelve month high of $57.
50. 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 company has a market cap of $13.
09 billion, a P/E ratio of 13.03, a price-to-earnings-growth ratio of 0.98 and a beta of 1.
72. The business’s fifty day moving average is $45.25 and its 200-day moving average is $49.
26. The Carlyle Group ( NASDAQ:CG – Get Free Report ) last issued 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 return on equity of 24.02% and a net margin of 18.81%.
Equities research analysts forecast that The Carlyle Group Inc. will post 4.48 EPS for the current year.
The Carlyle Group Announces Dividend The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.35 per share.
The ex-dividend date was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.
86%. The Carlyle Group’s dividend payout ratio is 50.36%.
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. See Also 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. ( NASDAQ:CG – Free Report ). Receive News & Ratings for The Carlyle Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Carlyle Group and related companies with MarketBeat.
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