The Carlyle Group Inc. (NASDAQ:CG) Shares Bought by Wellington Shields & Co. LLC

Wellington Shields & Co. LLC raised its position in The Carlyle Group Inc. (NASDAQ:CG) by 32.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,315 shares of the financial services provider’s stock after purchasing an additional 570 shares during the quarter. Wellington Shields & Co. LLC’s holdings in The Carlyle Group were worth $117,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new position in shares of The Carlyle Group in the fourth quarter valued at approximately $25,000. National Pension Service bought a new position in shares of The Carlyle Group in the fourth quarter valued at approximately $25,000. Valley National Advisers Inc. boosted its holdings in shares of The Carlyle Group by 149.3% in the fourth quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 327 shares in the last quarter. Nisa Investment Advisors LLC boosted 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 valued at $29,000 after acquiring an additional 405 shares in the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of The Carlyle Group in the third quarter valued at approximately $33,000. Institutional investors and hedge funds own 55.88% of the company’s stock.

The Carlyle Group Stock Up 4.6 %

CG stock opened at $42.36 on Friday. The Carlyle Group Inc. has a 12-month low of $36.65 and a 12-month 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 market cap of $15.30 billion, a price-to-earnings ratio of 15.24, a PEG ratio of 0.98 and a beta of 1.73. The company has a 50 day moving average of $50.89 and a two-hundred day moving average of $49.10.

The Carlyle Group (NASDAQ:CG) last released its quarterly earnings results 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%. On average, equities analysts anticipate that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

The Carlyle Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were paid a $0.35 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a yield of 3.31%. The Carlyle Group’s payout ratio is presently 50.36%.

Wall Street Analysts Forecast Growth

CG has been the subject of a number of research reports. Wolfe Research upgraded shares of The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 target price for the company in a report on Friday, January 3rd. Evercore ISI raised their target price on shares of The Carlyle Group from $51.00 to $52.00 and gave the stock an “in-line” rating in a report on Wednesday, February 12th. Wells Fargo & Company reduced their target price on shares of The Carlyle Group from $56.00 to $54.00 and set an “equal weight” rating for the company in a report on Wednesday, February 12th. StockNews.com cut shares of The Carlyle Group from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. Finally, 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 report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $54.93.

The Carlyle Group 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.