Tokio Marine Asset Management Co. Ltd. Has $734,000 Stock Holdings in Carlyle Group Inc. (NASDAQ:CG)

Tokio Marine Asset Management Co. Ltd. boosted its position in shares of Carlyle Group Inc. (NASDAQ:CG) by 49.3% during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 16,848 shares of the financial services provider’s stock after buying an additional 5,560 shares during the quarter. Tokio Marine Asset Management Co. Ltd.’s holdings in Carlyle Group were worth $734,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Carlyle Group by 4.9% in the 1st quarter. Vanguard Group Inc. now owns 24,292,937 shares of the financial services provider’s stock valued at $1,058,929,000 after purchasing an additional 1,131,514 shares during the period. Capital World Investors lifted its stake in shares of 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 valued at $998,609,000 after purchasing an additional 50,784 shares during the period. Massachusetts Financial Services Co. MA lifted its stake in shares of Carlyle Group by 7.5% in the 1st quarter. Massachusetts Financial Services Co. MA now owns 6,827,559 shares of the financial services provider’s stock valued at $297,613,000 after purchasing an additional 476,127 shares during the period. Frontier Capital Management Co. LLC lifted its stake in shares of Carlyle Group by 98.8% in the 4th quarter. Frontier Capital Management Co. LLC now owns 2,455,963 shares of the financial services provider’s stock valued at $124,002,000 after purchasing an additional 1,220,827 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of Carlyle Group by 8.1% in the 4th quarter. Ameriprise Financial Inc. now owns 2,237,249 shares of the financial services provider’s stock valued at $112,959,000 after purchasing an additional 167,331 shares during the period. Institutional investors and hedge funds own 55.88% of the company’s stock.

Analyst Ratings Changes

CG has been the topic of a number of analyst reports. JMP Securities set a $75.00 price target on Carlyle Group and gave the company a “market outperform” rating in a research note on Thursday. Keefe, Bruyette & Woods upped their price objective on shares of Carlyle Group from $43.00 to $45.00 and gave the company a “market perform” rating in a research report on Monday, May 12th. Citigroup restated an “outperform” rating on shares of Carlyle Group in a research report on Thursday. Wells Fargo & Company upped their price objective on shares of Carlyle Group from $49.00 to $61.00 and gave the company an “equal weight” rating in a research report on Friday, July 11th. Finally, Cowen upgraded shares of Carlyle Group from a “hold” rating to a “buy” rating in a research report on Wednesday, May 14th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the stock. According to MarketBeat, Carlyle Group has an average rating of “Hold” and a consensus price target of $59.60.

Carlyle Group Price Performance

CG stock opened at $63.86 on Friday. The stock has a market cap of $23.10 billion, a PE ratio of 18.67, a price-to-earnings-growth ratio of 1.19 and a beta of 1.90. The stock has a 50-day moving average price of $56.15 and a two-hundred day moving average price of $48.45. The company has a current ratio of 2.24, a quick ratio of 2.36 and a debt-to-equity ratio of 1.52. Carlyle Group Inc. has a 1 year low of $33.02 and a 1 year high of $65.97.

Carlyle Group Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Monday, August 18th will be issued a $0.35 dividend. The ex-dividend date is Monday, August 18th. This represents a $1.40 annualized dividend and a dividend yield of 2.2%. Carlyle Group’s dividend payout ratio (DPR) is presently 40.94%.

Insider Buying and Selling at Carlyle Group

In other news, General Counsel Jeffrey W. Ferguson sold 202,606 shares of the firm’s stock in a transaction dated Tuesday, August 12th. The stock was sold at an average price of $64.23, for a total value of $13,013,383.38. Following the completion of the transaction, the general counsel owned 753,255 shares in the company, valued at $48,381,568.65. This trade represents a 21.20% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 26.30% of the stock is owned by insiders.

About 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.