Intrepid Capital Management Inc. Has $794,000 Stock Holdings in The Carlyle Group Inc. (NASDAQ:CG)

Intrepid Capital Management Inc. lifted its stake in The Carlyle Group Inc. (NASDAQ:CG) by 4.8% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,735 shares of the financial services provider’s stock after purchasing an additional 717 shares during the period. Intrepid Capital Management Inc.’s holdings in The Carlyle Group were worth $794,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. National Pension Service acquired a new stake in The Carlyle Group in the fourth quarter worth $25,000. Golden State Wealth Management LLC acquired a new stake in The Carlyle Group during the 4th quarter worth $25,000. Valley National Advisers Inc. lifted its holdings in The Carlyle Group by 149.3% during the fourth quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider’s stock worth $27,000 after acquiring an additional 327 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of The Carlyle Group by 253.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 405 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB raised its position in shares of The Carlyle Group by 8,090.9% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 901 shares of the financial services provider’s stock worth $45,000 after purchasing an additional 890 shares during the period. 55.88% of the stock is owned by institutional investors and hedge funds.

The Carlyle Group Trading Up 1.6 %

Shares of NASDAQ:CG opened at $44.27 on Wednesday. The company has a 50-day simple moving average of $48.80 and a 200 day simple moving average of $49.64. The company has a market capitalization of $15.99 billion, a P/E ratio of 15.92, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73. 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 Carlyle Group Inc. has a 52-week low of $36.65 and a 52-week high of $57.50.

The Carlyle Group (NASDAQ:CG) last issued its earnings results on Monday, February 10th. The financial services provider reported $0.92 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%. Sell-side analysts forecast that The Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The Carlyle Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group’s payout ratio is 50.36%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Wolfe Research upgraded shares of The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 target price on the stock in a report on Friday, January 3rd. Barclays reduced their target price on shares of The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a research note on Wednesday, February 12th. StockNews.com downgraded The Carlyle Group from a “hold” rating to a “sell” rating in a research note on Thursday, February 20th. Wells Fargo & Company decreased their price objective on The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating for the company in a report on Thursday, March 20th. Finally, Evercore ISI boosted their target price on The Carlyle Group from $51.00 to $52.00 and gave the company an “in-line” rating in a research note on Wednesday, February 12th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $54.53.

About The Carlyle Group

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.