Edmond DE Rothschild Holding S.A. Purchases 29,991 Shares of The Carlyle Group Inc. (NASDAQ:CG)
Edmond DE Rothschild Holding S.A. boosted its position in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 19.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 183,744 shares of the financial services provider's stock after acquiring an additional 29,991 shares during the period. Edmond DE Rothschild Holding S.A. owned 0.05% of The Carlyle Group worth $9,277,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors also recently bought and sold shares of CG. Golden State Wealth Management LLC acquired a new position in shares of The Carlyle Group during the fourth quarter valued at about $25,000. National Pension Service acquired a new position in The Carlyle Group during the 4th quarter valued at approximately $25,000. Valley National Advisers Inc. raised its holdings in shares of 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 buying an additional 327 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of 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 buying an additional 405 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB increased its position in shares of The Carlyle Group by 8,090.9% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 901 shares of the financial services provider's stock valued at $45,000 after acquiring an additional 890 shares during the period. 55.88% of the stock is currently owned by institutional investors and hedge funds.
Several research firms have weighed in on CG. Wolfe Research upgraded The Carlyle Group from a "peer perform" rating to an "outperform" rating and set a $60.00 price target on the stock in a research note on Friday, January 3rd. StockNews.com downgraded shares of The Carlyle Group from a "hold" rating to a "sell" rating in a report on Thursday, February 20th. Wells Fargo & Company decreased their price objective on shares of The Carlyle Group from $54.00 to $48.00 and set an "equal weight" rating for the company in a research note on Thursday, March 20th. Barclays cut their price objective on shares of The Carlyle Group from $60.00 to $55.00 and set an "overweight" rating on the stock in a research note on Wednesday, February 12th. Finally, Evercore ISI upped their price target on shares of The Carlyle Group from $51.00 to $52.00 and gave the company an "in-line" rating in a report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $54.53.
Check Out Our Latest Analysis on The Carlyle Group
CG opened at $43.59 on Tuesday. The firm's fifty day simple moving average is $49.04 and its two-hundred day simple moving average is $49.61. The Carlyle Group Inc. has a 52-week low of $36.65 and a 52-week high of $57.50. The company has a market cap of $15.74 billion, a price-to-earnings ratio of 15.68, a PEG ratio of 0.98 and a beta of 1.73. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 1.42.
The Carlyle Group (NASDAQ:CG - Get Free Report) last posted its quarterly earnings data on Monday, February 10th. The financial services provider reported $0.92 earnings per share (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%. Equities analysts anticipate that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.
The firm also recently announced 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. The ex-dividend date was Friday, February 21st. This represents a $1.40 annualized dividend and a yield of 3.21%. The Carlyle Group's dividend payout ratio (DPR) is presently 50.36%.
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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