Jones Financial Companies Lllp Purchases 2,469 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Jones Financial Companies Lllp increased its position in The Carlyle Group Inc. (NASDAQ:CG) by 2,469.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,569 shares of the financial services provider’s stock after acquiring an additional 2,469 shares during the period. Jones Financial Companies Lllp’s holdings in The Carlyle Group were worth $130,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. FMR LLC lifted its position in The Carlyle Group by 72.8% during the third quarter. FMR LLC now owns 4,051,757 shares of the financial services provider’s stock valued at $174,469,000 after purchasing an additional 1,707,520 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in The Carlyle Group by 22.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,107,301 shares of the financial services provider’s stock valued at $90,740,000 after purchasing an additional 391,553 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of The Carlyle Group by 68.1% in 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 acquiring an additional 777,304 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of The Carlyle Group by 2.7% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,405,206 shares of the financial services provider’s stock valued at $60,508,000 after acquiring an additional 36,549 shares in the last quarter. Finally, Rhumbline Advisers lifted its position in shares of The Carlyle Group by 1.2% in the fourth quarter. Rhumbline Advisers now owns 605,842 shares of the financial services provider’s stock valued at $30,589,000 after acquiring an additional 7,218 shares in the last quarter. Institutional investors own 55.88% of the company’s stock.

The Carlyle Group Price Performance

NASDAQ CG opened at $42.36 on Friday. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.32 and a quick ratio of 2.32. The stock’s fifty day moving average price is $50.89 and its 200 day moving average price is $49.10. The Carlyle Group Inc. has a 1 year low of $36.65 and a 1 year high of $57.50. The company has a market cap of $15.30 billion, a price-to-earnings ratio of 15.24, a PEG ratio of 0.98 and a beta of 1.73.

The Carlyle Group (NASDAQ:CG) last announced its quarterly earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share 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%. As a group, equities research analysts forecast that The Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The Carlyle Group Announces Dividend

The firm also recently announced 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. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.31%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group’s dividend payout ratio (DPR) is presently 50.36%.

Analyst Upgrades and Downgrades

CG has been the topic of several research analyst reports. Evercore ISI boosted their price objective on 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. Wolfe Research raised The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price objective on the stock in a research note on Friday, January 3rd. Wells Fargo & Company lowered their price target on The Carlyle Group from $56.00 to $54.00 and set an “equal weight” rating for the company in a report on Wednesday, February 12th. Barclays lowered their price target on The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. Finally, StockNews.com lowered The Carlyle Group from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $54.93.

The Carlyle Group Company 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.