1,781 Shares in The Carlyle Group Inc. (NASDAQ:CG) Acquired by Siemens Fonds Invest GmbH

Siemens Fonds Invest GmbH purchased a new position in The Carlyle Group Inc. (NASDAQ:CG) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 1,781 shares of the financial services provider’s stock, valued at approximately $90,000.

A number of other hedge funds also recently modified their holdings of the stock. Korea Investment CORP grew its stake in The Carlyle Group by 28.6% in the 4th quarter. Korea Investment CORP now owns 165,660 shares of the financial services provider’s stock valued at $8,364,000 after buying an additional 36,873 shares in the last quarter. Invesco Ltd. grew its stake in The Carlyle Group by 9.7% in the 4th quarter. Invesco Ltd. now owns 650,735 shares of the financial services provider’s stock valued at $32,856,000 after buying an additional 57,606 shares in the last quarter. Sargent Investment Group LLC grew its position in shares of The Carlyle Group by 6.5% during the 4th quarter. Sargent Investment Group LLC now owns 302,385 shares of the financial services provider’s stock valued at $15,283,000 after purchasing an additional 18,537 shares in the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of The Carlyle Group by 1.0% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,406,201 shares of the financial services provider’s stock valued at $70,999,000 after purchasing an additional 14,024 shares in the last quarter. Finally, Orion Portfolio Solutions LLC purchased a new position in shares of The Carlyle Group during the 4th quarter valued at $425,000. Institutional investors own 55.88% of the company’s stock.

Analyst Upgrades and Downgrades

CG has been the subject of a number of recent analyst reports. StockNews.com lowered shares of The Carlyle Group from a “hold” rating to a “sell” rating in a research report on Thursday, February 20th. Bank of America reduced their price target on shares of The Carlyle Group from $47.00 to $46.00 and set an “underperform” rating for the company in a research report on Friday, April 4th. Cowen upgraded shares of The Carlyle Group from a “hold” rating to a “buy” rating in a research report on Wednesday. Oppenheimer lowered shares of The Carlyle Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, March 19th. Finally, JMP Securities cut their target price on shares of The Carlyle Group from $62.00 to $58.00 and set a “market outperform” rating for the company in a research report on Tuesday, April 8th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $52.33.

The Carlyle Group Stock Performance

The Carlyle Group stock opened at $47.42 on Monday. 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 market capitalization of $17.13 billion, a PE ratio of 17.06, a P/E/G ratio of 0.98 and a beta of 1.85. The firm has a fifty day simple moving average of $40.74 and a two-hundred day simple moving average of $47.83. The Carlyle Group Inc. has a twelve month low of $33.02 and a twelve month high of $57.50.

The Carlyle Group (NASDAQ:CG) last posted 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. The business had revenue of $973.10 million during the quarter, compared to the consensus estimate of $972.27 million. The Carlyle Group had a net margin of 18.81% and a return on equity of 24.02%. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.01 earnings per share. Research analysts expect that The Carlyle Group Inc. will post 4.48 EPS for the current year.

The Carlyle Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th will be paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.95%. The ex-dividend date is Monday, May 19th. The Carlyle Group’s dividend payout ratio (DPR) is 47.46%.

The Carlyle Group Company Profile

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.