The Carlyle Group Inc. (NASDAQ:CG) Shares Purchased by Xponance Inc.

Xponance Inc. raised its stake in shares of The Carlyle Group Inc. (NASDAQ:CG) by 6.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 36,373 shares of the financial services provider’s stock after acquiring an additional 2,221 shares during the period. Xponance Inc.’s holdings in The Carlyle Group were worth $1,836,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its stake in The Carlyle Group by 68.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider’s stock valued at $82,651,000 after acquiring an additional 777,304 shares during the last quarter. Sargent Investment Group LLC raised its stake 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 worth $15,283,000 after buying an additional 18,537 shares in the last quarter. Franklin Street Advisors Inc. NC purchased a new position in shares of The Carlyle Group during the 4th quarter worth approximately $17,671,000. Charles Schwab Investment Management Inc. raised its stake 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 worth $70,999,000 after buying an additional 14,024 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in shares of The Carlyle Group by 26.9% during the 4th quarter. Blue Trust Inc. now owns 2,423 shares of the financial services provider’s stock worth $122,000 after buying an additional 514 shares in the last quarter. 55.88% of the stock is owned by hedge funds and other institutional investors.

The Carlyle Group Price Performance

Shares of NASDAQ:CG opened at $44.13 on Friday. The business’s fifty day moving average price is $50.05 and its two-hundred day moving average price is $49.23. The stock has a market cap of $15.94 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73. The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.32 and a current ratio of 2.32. The Carlyle Group Inc. has a one year low of $36.65 and a one year high of $57.50.

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 (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. On average, analysts forecast that The Carlyle Group Inc. will post 4.48 EPS for the current fiscal year.

The Carlyle Group Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 3.17%. The ex-dividend date was Friday, February 21st. The Carlyle Group’s dividend payout ratio (DPR) is 50.36%.

Analyst Ratings Changes

A number of equities analysts have recently issued reports on the company. Wolfe Research raised The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 target price for the company in a research note on Friday, January 3rd. Wells Fargo & Company dropped their price objective on The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating for the company in a research note on Thursday. Oppenheimer downgraded The Carlyle Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday. StockNews.com downgraded The Carlyle Group from a “hold” rating to a “sell” rating in a research note on Thursday, February 20th. Finally, Barclays dropped their price objective on The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a research note on Wednesday, February 12th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $54.53.

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.