Landscape Capital Management L.L.C. Cuts Stock Holdings in The Carlyle Group Inc. (NASDAQ:CG)

Landscape Capital Management L.L.C. lessened its holdings in The Carlyle Group Inc. (NASDAQ:CG) by 49.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 12,411 shares of the financial services provider’s stock after selling 12,200 shares during the period. Landscape Capital Management L.L.C.’s holdings in The Carlyle Group were worth $627,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. ExodusPoint Capital Management LP lifted its holdings in shares of The Carlyle Group by 2.3% in the fourth quarter. ExodusPoint Capital Management LP now owns 47,372 shares of the financial services provider’s stock worth $2,392,000 after buying an additional 1,062 shares in the last quarter. Arete Wealth Advisors LLC grew its position in The Carlyle Group by 40.6% during the fourth quarter. Arete Wealth Advisors LLC now owns 15,988 shares of the financial services provider’s stock valued at $807,000 after acquiring an additional 4,619 shares during the last quarter. Cinctive Capital Management LP lifted its stake in The Carlyle Group by 180.6% in the fourth quarter. Cinctive Capital Management LP now owns 191,405 shares of the financial services provider’s stock worth $9,664,000 after purchasing an additional 123,184 shares during the last quarter. Intrepid Capital Management Inc. boosted its holdings in The Carlyle Group by 4.8% during the 4th quarter. Intrepid Capital Management Inc. now owns 15,735 shares of the financial services provider’s stock valued at $794,000 after acquiring an additional 717 shares during the period. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of The Carlyle Group by 201.4% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,351,432 shares of the financial services provider’s stock worth $320,684,000 after purchasing an additional 4,244,131 shares during the last quarter. Institutional investors own 55.88% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the company. Bank of America reduced their target price on The Carlyle Group from $47.00 to $46.00 and set an “underperform” rating on the stock in a research note on Friday. StockNews.com lowered shares of The Carlyle Group from a “hold” rating to a “sell” rating in a report on Thursday, February 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 report on Wednesday, February 12th. Wells Fargo & Company reduced their target price 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, Wolfe Research upgraded shares of The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price objective on the stock in a research report on Friday, January 3rd. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $54.00.

The Carlyle Group Price Performance

CG stock opened at $35.89 on Monday. The firm has a market capitalization of $12.96 billion, a P/E ratio of 12.91, a price-to-earnings-growth ratio of 0.98 and a beta of 1.72. The Carlyle Group Inc. has a 52 week low of $30.67 and a 52 week high of $57.50. 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 company has a fifty day simple moving average of $47.81 and a two-hundred day simple moving average of $49.61.

The Carlyle Group (NASDAQ:CG) last posted its quarterly earnings data on Monday, February 10th. The financial services provider reported $0.92 earnings per share for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.08). The Carlyle Group had a net margin of 18.81% and a return on equity of 24.02%. Analysts anticipate that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

The Carlyle Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.90%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group’s dividend payout ratio is currently 50.36%.

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.