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AEGON ASSET MANAGEMENT UK Plc Has $19.14 Million Stock Holdings in The Carlyle Group Inc. (NASDAQ:CG)

Published 1 month ago5 minute read

AEGON ASSET MANAGEMENT UK Plc trimmed its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 379,064 shares of the financial services provider's stock after selling 14,404 shares during the period. AEGON ASSET MANAGEMENT UK Plc owned 0.11% of The Carlyle Group worth $19,139,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in CG. JPMorgan Chase & Co. boosted its position in The Carlyle Group by 68.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider's stock valued at $82,651,000 after buying an additional 777,304 shares during the last quarter. Franklin Street Advisors Inc. NC acquired a new stake in shares of The Carlyle Group in the fourth quarter valued at approximately $17,671,000. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp increased its stake in shares of The Carlyle Group by 74.2% in the second quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 44,984 shares of the financial services provider's stock valued at $1,806,000 after purchasing an additional 19,160 shares during the period. Empowered Funds LLC boosted its holdings in shares of The Carlyle Group by 443.1% in the third quarter. Empowered Funds LLC now owns 157,674 shares of the financial services provider's stock valued at $6,789,000 after acquiring an additional 128,644 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of The Carlyle Group in the third quarter valued at approximately $67,540,000. 55.88% of the stock is owned by hedge funds and other institutional investors.

Several equities research analysts recently commented on the stock. Barclays upped their price target on shares of The Carlyle Group from $59.00 to $60.00 and gave the company an "overweight" rating in a research report on Monday, January 13th. Evercore ISI increased their target price on shares of The Carlyle Group from $45.00 to $47.00 and gave the stock an "in-line" rating in a research report on Monday, October 14th. Wolfe Research upgraded shares of The Carlyle Group from a "peer perform" rating to an "outperform" rating and set a $60.00 target price for the company in a research report on Friday, January 3rd. UBS Group increased their target price on shares of The Carlyle Group from $43.00 to $54.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. increased their target price on shares of The Carlyle Group from $44.00 to $50.00 and gave the stock a "neutral" rating in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the stock. Based on data from MarketBeat, The Carlyle Group has an average rating of "Hold" and a consensus target price of $54.44.

Check Out Our Latest Stock Report on The Carlyle Group

CG stock traded down $0.13 during trading on Friday, hitting $56.83. 1,172,444 shares of the stock traded hands, compared to its average volume of 1,536,220. The Carlyle Group Inc. has a one year low of $36.65 and a one year high of $57.34. The stock has a market cap of $20.33 billion, a price-to-earnings ratio of 195.97, a P/E/G ratio of 0.99 and a beta of 1.69. The company has a 50 day simple moving average of $52.49 and a 200 day simple moving average of $47.45. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 1.38.

The Carlyle Group (NASDAQ:CG - Get Free Report) last announced its quarterly earnings results on Wednesday, November 6th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.87 by $0.08. The Carlyle Group had a net margin of 2.21% and a return on equity of 24.91%. The firm had revenue of $895.00 million during the quarter, compared to the consensus estimate of $908.17 million. During the same period last year, the firm posted $0.87 EPS. The firm's quarterly revenue was up 15.2% on a year-over-year basis. Equities analysts expect that The Carlyle Group Inc. will post 3.8 EPS for the current fiscal year.

In related news, Director Daniel A. D'aniello sold 495,542 shares of the business's stock in a transaction that occurred on Tuesday, November 12th. The shares were sold at an average price of $51.53, for a total transaction of $25,535,279.26. Following the completion of the sale, the director now directly owns 32,504,102 shares of the company's stock, valued at $1,674,936,376.06. The trade was a 1.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Insiders own 27.20% of the company's stock.

(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.

Institutional Ownership by Quarter for The Carlyle Group (NASDAQ:CG)

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