The Carlyle Group Inc. (NASDAQ:CG) Shares Acquired by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC boosted its holdings in The Carlyle Group Inc. (NASDAQ:CG) by 0.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 73,436 shares of the financial services provider’s stock after purchasing an additional 356 shares during the period. Commonwealth Equity Services LLC’s holdings in The Carlyle Group were worth $3,708,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in CG. National Pension Service bought a new stake in The Carlyle Group in the fourth quarter valued at about $25,000. Golden State Wealth Management LLC acquired a new stake in shares of The Carlyle Group during the 4th quarter valued at approximately $25,000. Valley National Advisers Inc. boosted its holdings in 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 purchasing an additional 327 shares during the period. Nisa Investment Advisors LLC increased its stake in The Carlyle Group by 253.1% during the fourth 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 during the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of The Carlyle Group in the 3rd quarter worth about $33,000. 55.88% of the stock is owned by institutional investors and hedge funds.

The Carlyle Group Price Performance

Shares of NASDAQ CG opened at $46.24 on Tuesday. 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 firm has a 50-day moving average of $49.96 and a two-hundred day moving average of $49.37. The Carlyle Group Inc. has a twelve month low of $36.65 and a twelve month high of $57.50. The company has a market capitalization of $16.70 billion, a price-to-earnings ratio of 16.63, a PEG ratio of 0.98 and a beta of 1.73.

The Carlyle Group (NASDAQ:CG) last announced its quarterly earnings data 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, analysts expect that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

The Carlyle Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.03%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group’s dividend payout ratio is presently 50.36%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. StockNews.com lowered shares of The Carlyle Group from a “hold” rating to a “sell” rating in a research note on Thursday, February 20th. Wells Fargo & Company reduced their price objective on The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating for the company in a research report on Thursday, March 20th. Oppenheimer cut The Carlyle Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 19th. Evercore ISI lifted their price objective 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. Finally, 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. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $54.53.

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.