UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC reduced its stake in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 17.2% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,163,334 shares of the financial services provider's stock after selling 241,872 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.33% of The Carlyle Group worth $58,737,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in CG. Worldquant Millennium Advisors LLC raised its stake in The Carlyle Group by 0.3% during the 4th quarter. Worldquant Millennium Advisors LLC now owns 427,205 shares of the financial services provider's stock valued at $21,570,000 after purchasing an additional 1,431 shares during the period. iSAM Funds UK Ltd bought a new stake in The Carlyle Group during the 4th quarter valued at approximately $594,000. Tidal Investments LLC raised its stake in The Carlyle Group by 6.2% during the 4th quarter. Tidal Investments LLC now owns 5,219 shares of the financial services provider's stock valued at $264,000 after purchasing an additional 306 shares during the period. Siemens Fonds Invest GmbH bought a new stake in The Carlyle Group during the 4th quarter valued at approximately $90,000. Finally, Royal Bank of Canada raised its stake in The Carlyle Group by 2.7% during the 4th quarter. Royal Bank of Canada now owns 368,375 shares of the financial services provider's stock valued at $18,599,000 after purchasing an additional 9,514 shares during the period. 55.88% of the stock is owned by hedge funds and other institutional investors.

Shares of The Carlyle Group stock opened at $44.27 on Friday. The stock has a market cap of $15.99 billion, a price-to-earnings ratio of 15.92, 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 quick ratio of 2.32 and a current ratio of 2.32. The stock has a 50 day moving average price of $41.07 and a 200-day moving average price of $47.67. The Carlyle Group Inc. has a one year low of $33.02 and a one year high of $57.50.

The Carlyle Group (NASDAQ:CG - Get Free Report) last posted its quarterly earnings data 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 Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. The company had revenue of $973.10 million during the quarter, compared to analysts' expectations of $972.27 million. During the same quarter in the previous year, the business earned $1.01 EPS. The Carlyle Group's revenue was up 2.0% compared to the same quarter last year. Equities analysts expect that The Carlyle Group Inc. will post 4.48 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 19th will be issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.16%. The ex-dividend date of this dividend is Monday, May 19th. The Carlyle Group's payout ratio is currently 47.46%.

Several brokerages recently issued reports on CG. Wells Fargo & Company lifted their target price on The Carlyle Group from $45.00 to $49.00 and gave the company an "equal weight" rating in a research note on Friday. Wall Street Zen downgraded The Carlyle Group from a "hold" rating to a "sell" rating in a research note on Thursday, February 20th. Cowen raised The Carlyle Group from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Morgan Stanley reduced their price objective on The Carlyle Group from $57.00 to $44.00 and set an "equal weight" rating on the stock in a research note on Monday, April 14th. Finally, Citigroup reduced their price objective on The Carlyle Group from $55.00 to $39.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $53.00.

Check Out Our Latest Report on CG

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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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