The Carlyle Group Inc. (NASDAQ:CG) Shares Sold by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd reduced its position in The Carlyle Group Inc. (NASDAQ:CG) by 30.2% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,400 shares of the financial services provider’s stock after selling 1,900 shares during the period. UniSuper Management Pty Ltd’s holdings in The Carlyle Group were worth $222,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. National Pension Service acquired a new stake in shares of The Carlyle Group in the fourth quarter valued at approximately $25,000. Golden State Wealth Management LLC acquired a new stake in The Carlyle Group during the 4th quarter valued at $25,000. Valley National Advisers Inc. raised 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 worth $27,000 after acquiring an additional 327 shares during the last quarter. Nisa Investment Advisors LLC lifted its position 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, Wilmington Savings Fund Society FSB boosted its stake in shares of The Carlyle Group by 8,090.9% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 901 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 890 shares during the last quarter. 55.88% of the stock is owned by institutional investors and hedge funds.

The Carlyle Group Price Performance

CG opened at $43.59 on Tuesday. The company has a 50 day moving average of $49.04 and a two-hundred day moving average of $49.61. The Carlyle Group Inc. has a 52-week low of $36.65 and a 52-week 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 $15.74 billion, a P/E ratio of 15.68, a P/E/G ratio of 0.98 and a beta of 1.73.

The Carlyle Group (NASDAQ:CG) last announced 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 return on equity of 24.02% and a net margin of 18.81%. On average, analysts expect that The Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The Carlyle Group Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 3.21%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group’s dividend payout ratio is presently 50.36%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Barclays reduced their target price on shares of The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating on the stock in a report on Wednesday, February 12th. Wells Fargo & Company decreased their target price on shares of The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating on the stock in a research report on Thursday, March 20th. StockNews.com downgraded The Carlyle Group from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. Oppenheimer downgraded The Carlyle Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, March 19th. Finally, Evercore ISI increased their target price on The Carlyle Group from $51.00 to $52.00 and gave the stock an “in-line” rating in a research report on Wednesday, February 12th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $54.53.

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.