The Carlyle Group Inc. (NASDAQ:CG) Shares Purchased by Sei Investments Co.

Sei Investments Co. lifted its stake in shares of The Carlyle Group Inc. (NASDAQ:CG) by 16.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 55,609 shares of the financial services provider’s stock after buying an additional 8,027 shares during the quarter. Sei Investments Co.’s holdings in The Carlyle Group were worth $2,807,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of CG. American Century Companies Inc. grew its stake in The Carlyle Group by 2.3% during the 4th quarter. American Century Companies Inc. now owns 66,678 shares of the financial services provider’s stock worth $3,367,000 after buying an additional 1,495 shares during the last quarter. Summit Global Investments purchased a new position in shares of The Carlyle Group during the fourth quarter worth approximately $7,162,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its holdings in shares of The Carlyle Group by 0.6% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 46,607 shares of the financial services provider’s stock valued at $2,353,000 after acquiring an additional 258 shares during the period. Fiduciary Group LLC boosted its stake in The Carlyle Group by 3.5% during the 4th quarter. Fiduciary Group LLC now owns 8,800 shares of the financial services provider’s stock worth $444,000 after purchasing an additional 300 shares during the period. Finally, Royal London Asset Management Ltd. increased its stake in The Carlyle Group by 57.7% in the fourth quarter. Royal London Asset Management Ltd. now owns 100,143 shares of the financial services provider’s stock valued at $5,056,000 after purchasing an additional 36,637 shares during the period. 55.88% of the stock is owned by hedge funds and other institutional investors.

The Carlyle Group Trading Down 7.3 %

The Carlyle Group stock opened at $35.89 on Friday. The Carlyle Group Inc. has a 1 year low of $33.02 and a 1 year high of $57.50. The firm’s 50 day moving average price is $47.81 and its two-hundred day moving average price is $49.51. The firm has a market cap of $12.96 billion, a price-to-earnings ratio of 12.91, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73. 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 (NASDAQ:CG) last issued its earnings results on Monday, February 10th. The financial services provider reported $0.92 EPS for the quarter, missing the consensus estimate of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. On average, research 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 disclosed a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a $0.35 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a yield of 3.90%. The Carlyle Group’s dividend payout ratio is currently 50.36%.

Wall Street Analysts Forecast Growth

CG has been the subject of several analyst reports. Wolfe Research raised shares of The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price target for the company in a report on Friday, January 3rd. Oppenheimer cut The Carlyle Group from an “outperform” rating to a “market perform” rating in a report on Wednesday, March 19th. Evercore ISI increased their price objective on The Carlyle Group from $51.00 to $52.00 and gave the stock an “in-line” rating in a research report on Wednesday, February 12th. Bank of America lowered their price target on shares of The Carlyle Group from $47.00 to $46.00 and set an “underperform” rating on the stock in a research note on Friday. Finally, StockNews.com cut shares of The Carlyle Group from a “hold” rating to a “sell” rating in a research note on Thursday, February 20th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, The Carlyle Group presently has a consensus rating of “Hold” and a consensus price target of $54.00.

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.