Shares of Carlyle Group Inc. (NASDAQ:CG - Get Free Report) have been given an average recommendation of "Hold" by the sixteen analysts that are covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, eight have issued a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $53.00.

A number of research analysts recently weighed in on CG shares. Wells Fargo & Company raised their target price on shares of Carlyle Group from $45.00 to $49.00 and gave the company an "equal weight" rating in a report on Friday, May 23rd. Bank of America lowered their price objective on shares of Carlyle Group from $47.00 to $46.00 and set an "underperform" rating for the company in a research note on Friday, April 4th. Morgan Stanley dropped their target price on Carlyle Group from $57.00 to $44.00 and set an "equal weight" rating on the stock in a research report on Monday, April 14th. Oppenheimer cut shares of Carlyle Group from an "outperform" rating to a "market perform" rating in a research report on Wednesday, March 19th. Finally, JMP Securities decreased their price objective on shares of Carlyle Group from $62.00 to $58.00 and set a "market outperform" rating for the company in a research report on Tuesday, April 8th.

View Our Latest Report on Carlyle Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Whipplewood Advisors LLC boosted its position in shares of Carlyle Group by 5,100.0% in the 1st quarter. Whipplewood Advisors LLC now owns 572 shares of the financial services provider's stock worth $25,000 after buying an additional 561 shares in the last quarter. Private Trust Co. NA raised its stake in Carlyle Group by 101.9% in the 1st quarter. Private Trust Co. NA now owns 636 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 321 shares during the last quarter. Geneos Wealth Management Inc. lifted its position in Carlyle Group by 755.3% during the first quarter. Geneos Wealth Management Inc. now owns 650 shares of the financial services provider's stock worth $28,000 after buying an additional 574 shares during the period. Main Street Group LTD acquired a new position in shares of Carlyle Group during the 4th quarter valued at about $29,000. Finally, LRI Investments LLC purchased a new stake in Carlyle Group in the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 55.88% of the company's stock.

CG opened at $54.45 on Thursday. Carlyle Group has a 12-month low of $33.02 and a 12-month high of $57.50. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 1.56. The stock has a fifty day simple moving average of $45.35 and a two-hundred day simple moving average of $46.72. The company has a market cap of $19.66 billion, a price-to-earnings ratio of 18.46, a price-to-earnings-growth ratio of 1.14 and a beta of 1.86.

Carlyle Group (NASDAQ:CG - Get Free Report) last announced its quarterly earnings results on Friday, May 9th. The financial services provider reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.97 by $0.17. The firm had revenue of $973.10 million for the quarter, compared to the consensus estimate of $972.27 million. Carlyle Group had a net margin of 19.00% and a return on equity of 23.78%. The business's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.01 EPS. Research analysts predict that Carlyle Group will post 4.48 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend was Monday, May 19th. Carlyle Group's payout ratio is currently 47.46%.

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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.

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