A number of other hedge funds have also recently modified their holdings of the business. Arizona State Retirement System boosted its stake in The Carlyle Group by 0.3% in the 4th quarter. Arizona State Retirement System now owns 67,239 shares of the financial services provider’s stock worth $3,395,000 after purchasing an additional 220 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. raised its position in The Carlyle Group by 0.3% in the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 80,820 shares of the financial services provider’s stock worth $4,081,000 after buying an additional 225 shares during the last quarter. Aviva PLC raised its position in The Carlyle Group by 1.3% in the 4th quarter. Aviva PLC now owns 17,408 shares of the financial services provider’s stock worth $879,000 after buying an additional 227 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in 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 worth $2,353,000 after buying an additional 258 shares during the last quarter. Finally, O ROURKE & COMPANY Inc raised its position in The Carlyle Group by 1.5% in the 4th quarter. O ROURKE & COMPANY Inc now owns 17,990 shares of the financial services provider’s stock worth $908,000 after buying an additional 266 shares during the last quarter. Institutional investors own 55.88% of the company’s stock.

CG has been the subject of a number of recent analyst reports. Wells Fargo & Company decreased their target price on The Carlyle Group from $48.00 to $39.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 8th. 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 research report on Wednesday, February 12th. Oppenheimer lowered shares of The Carlyle Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, March 19th. Morgan Stanley reduced their price target on shares of The Carlyle Group from $57.00 to $44.00 and set an “equal weight” rating for the company in a research report on Monday, April 14th. Finally, Bank of America reduced their price target on shares of The Carlyle Group from $47.00 to $46.00 and set an “underperform” rating for the company in a research report on Friday, April 4th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $52.33.

View Our Latest Stock Report on The Carlyle Group

Shares of CG opened at $47.42 on Friday. The firm has a market cap of $17.13 billion, a P/E ratio of 17.06, a price-to-earnings-growth ratio of 0.98 and a beta of 1.85. 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 Carlyle Group Inc. has a 1 year low of $33.02 and a 1 year high of $57.50. The company has a 50 day simple moving average of $40.74 and a two-hundred day simple moving average of $47.84.

The Carlyle Group (NASDAQ:CG – Get Free Report) last released its quarterly earnings data on Friday, May 9th. The financial services provider reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.17. The firm had revenue of $973.10 million for the quarter, compared to analysts’ expectations of $972.27 million. The Carlyle Group had a net margin of 18.81% and a return on equity of 24.02%. The company’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter last year, the business posted $1.01 earnings per share. On average, equities analysts expect that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th will be given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.95%. The ex-dividend date of this dividend is Monday, May 19th. The Carlyle Group’s payout ratio is currently 47.46%.

(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.

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