Capital International Inc. CA Grows Holdings in The Carlyle Group Inc. (NASDAQ:CG)

Capital International Inc. CA raised its position in shares of The Carlyle Group Inc. (NASDAQ:CG) by 41.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 71,254 shares of the financial services provider’s stock after purchasing an additional 20,744 shares during the quarter. Capital International Inc. CA’s holdings in The Carlyle Group were worth $3,598,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Capital World Investors lifted its holdings in The Carlyle Group by 0.3% in the 4th quarter. Capital World Investors now owns 19,778,358 shares of the financial services provider’s stock worth $998,609,000 after purchasing an additional 50,784 shares in the last quarter. First Trust Advisors LP lifted its holdings in shares of The Carlyle Group by 22.6% in the fourth quarter. First Trust Advisors LP now owns 41,530 shares of the financial services provider’s stock worth $2,097,000 after buying an additional 7,649 shares in the last quarter. Forum Financial Management LP purchased a new position in The Carlyle Group during the fourth quarter valued at $330,000. Farringdon Capital Ltd. bought a new stake in The Carlyle Group in the 4th quarter valued at $244,000. Finally, NewEdge Advisors LLC boosted its holdings in shares of The Carlyle Group by 87.4% during the 4th quarter. NewEdge Advisors LLC now owns 9,278 shares of the financial services provider’s stock valued at $468,000 after purchasing an additional 4,327 shares during the last quarter. 55.88% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on CG shares. Wolfe Research upgraded The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 target price on the stock in a research report on Friday, January 3rd. Barclays reduced their price target on shares of The Carlyle Group from $55.00 to $43.00 and set an “overweight” rating on the stock in a research report on Monday, April 7th. Evercore ISI increased their price objective 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. Wells Fargo & Company decreased their target price on shares of The Carlyle Group from $48.00 to $39.00 and set an “equal weight” rating on the stock in a research report on Tuesday, April 8th. Finally, StockNews.com lowered The Carlyle Group from a “hold” rating to a “sell” rating in a research report on Thursday, February 20th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $50.71.

The Carlyle Group Price Performance

Shares of CG stock opened at $35.84 on Monday. The Carlyle Group Inc. has a one year low of $33.02 and a one year high of $57.50. The company has a market capitalization of $12.95 billion, a P/E ratio of 12.89, a P/E/G ratio of 0.98 and a beta of 1.72. The company’s 50-day simple moving average is $43.68 and its two-hundred day simple moving average is $49.00. 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 (NASDAQ:CG) last posted its quarterly earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. As a group, equities analysts anticipate that The Carlyle Group Inc. will post 4.48 EPS for the current year.

The Carlyle Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a dividend of $0.35 per share. The ex-dividend date was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a yield of 3.91%. 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.