SOL Capital Management CO boosted its stake in shares of Carlyle Group Inc. (NASDAQ:CG - Free Report) by 15.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 178,485 shares of the financial services provider's stock after buying an additional 23,521 shares during the period. Carlyle Group accounts for about 0.9% of SOL Capital Management CO's investment portfolio, making the stock its 29th biggest holding. SOL Capital Management CO's holdings in Carlyle Group were worth $7,780,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Arizona State Retirement System lifted its holdings in shares of Carlyle Group by 0.3% during the 4th quarter. Arizona State Retirement System now owns 67,239 shares of the financial services provider's stock valued at $3,395,000 after purchasing an additional 220 shares during the last quarter. Aviva PLC lifted its holdings in shares of Carlyle Group by 1.3% during the 4th quarter. Aviva PLC now owns 17,408 shares of the financial services provider's stock valued at $879,000 after purchasing an additional 227 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in shares of Carlyle Group by 0.6% during the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 46,607 shares of the financial services provider's stock valued at $2,353,000 after purchasing an additional 258 shares during the last quarter. O ROURKE & COMPANY Inc lifted its holdings in shares of Carlyle Group by 1.5% during the 4th quarter. O ROURKE & COMPANY Inc now owns 17,990 shares of the financial services provider's stock valued at $908,000 after purchasing an additional 266 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its holdings in shares of Carlyle Group by 31.7% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,229 shares of the financial services provider's stock valued at $62,000 after purchasing an additional 296 shares during the last quarter. Hedge funds and other institutional investors own 55.88% of the company's stock.

Shares of CG opened at $49.13 on Thursday. The business's 50-day moving average is $43.71 and its two-hundred day moving average is $46.75. The company has a market capitalization of $17.74 billion, a P/E ratio of 16.65, a P/E/G ratio of 1.06 and a beta of 1.85. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.36 and a current ratio of 2.36. Carlyle Group Inc. has a fifty-two week low of $33.02 and a fifty-two week high of $57.50.

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 for the quarter, topping the consensus estimate of $0.97 by $0.17. Carlyle Group had a return on equity of 23.78% and a net margin of 19.00%. The company had revenue of $973.10 million for the quarter, compared to the consensus estimate of $972.27 million. During the same period last year, the firm earned $1.01 EPS. The firm's revenue for the quarter was up 2.0% compared to the same quarter last year. Research analysts predict that Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.85%. The ex-dividend date of this dividend was Monday, May 19th. Carlyle Group's dividend payout ratio (DPR) is presently 47.46%.

CG has been the subject of several analyst reports. Morgan Stanley decreased their price objective on Carlyle Group from $57.00 to $44.00 and set an "equal weight" rating for the company in a report on Monday, April 14th. Oppenheimer lowered Carlyle Group from an "outperform" rating to a "market perform" rating in a research note on Wednesday, March 19th. TD Cowen upgraded Carlyle Group from a "hold" rating to a "buy" rating and set a $56.00 target price for the company in a research note on Wednesday, May 14th. Keefe, Bruyette & Woods raised their target price on Carlyle Group from $43.00 to $45.00 and gave the stock a "market perform" rating in a research note on Monday, May 12th. Finally, Barclays raised their target price on Carlyle Group from $43.00 to $49.00 and gave the stock an "overweight" rating in a research note on Friday, May 9th. Two analysts have rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $53.00.

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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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