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AdvisorNet Monetary Inc lifted its place in The Carlyle Group Inc. (NASDAQ:CG – Get Ranking) by 2.0% within the 1st quarter, HoldingsChannel.com studies. The agency owned 16,082 shares of the monetary providers supplier’s inventory after buying a further 315 shares throughout the quarter. AdvisorNet Monetary Inc’s holdings in The Carlyle Group had been price $787,000 as of its most up-to-date submitting with the Securities and Change Fee (SEC).
Quite a lot of different giant buyers additionally lately purchased and offered shares of CG. Raymond James Monetary Providers Advisors Inc. grew its holdings in shares of The Carlyle Group by 1.6% throughout the fourth quarter. Raymond James Monetary Providers Advisors Inc. now owns 98,925 shares of the monetary providers supplier’s inventory price $5,431,000 after shopping for a further 1,512 shares within the final quarter. Principal Monetary Group Inc. grew its holdings in shares of The Carlyle Group by 16.9% within the fourth quarter. Principal Monetary Group Inc. now owns 14,800 shares of the monetary providers supplier’s inventory valued at $812,000 after buying a further 2,136 shares throughout the interval. Financial institution of America Corp DE grew its holdings in shares of The Carlyle Group by 17.5% within the fourth quarter. Financial institution of America Corp DE now owns 2,001,252 shares of the monetary providers supplier’s inventory valued at $109,868,000 after buying a further 298,147 shares throughout the interval. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH grew its holdings in shares of The Carlyle Group by 72.4% within the first quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 66,809 shares of the monetary providers supplier’s inventory valued at $3,308,000 after buying a further 28,060 shares throughout the interval. Lastly, Van ECK Associates Corp bought a brand new place in The Carlyle Group throughout the fourth quarter price about $417,000. Institutional buyers personal 93.84% of the corporate’s inventory.
In different information, Director David M. Rubenstein offered 2,000,000 shares of the inventory in a transaction on Monday, June sixth. The inventory was offered at a median worth of $38.67, for a complete worth of $77,340,000.00. Following the completion of the transaction, the director now owns 29,249,644 shares of the corporate’s inventory, valued at $1,131,083,733.48. The transaction was disclosed in a doc filed with the SEC, which is obtainable on the SEC web site. Additionally, main shareholder Carlyle Group Inc. offered 85,323 shares of the inventory in a transaction on Wednesday, April thirteenth. The inventory was offered at a median worth of $57.13, for a complete worth of $4,874,502.99. Following the completion of the transaction, the insider now straight owns 41,671,945 shares of the corporate’s inventory, valued at roughly $2,380,718,217.85. The disclosure for this sale could be discovered right here. During the last three months, insiders have offered 2,093,969 shares of firm inventory price $82,709,291. Company insiders personal 29.80% of the corporate’s inventory.
A number of analysts have lately issued studies on CG shares. The Goldman Sachs Group lowered their worth goal on shares of The Carlyle Group from $66.00 to $56.00 and set a “purchase” ranking on the inventory in a analysis report on Tuesday, March twenty ninth. Morgan Stanley lowered their goal worth on shares of The Carlyle Group from $59.00 to $54.00 and set an “equal weight” ranking on the inventory in a report on Wednesday, April twentieth. JMP Securities assumed protection on shares of The Carlyle Group in a report on Wednesday, June eighth. They set an “outperform” ranking and a $60.00 worth goal on the inventory. StockNews.com lower shares of The Carlyle Group from a “maintain” ranking to a “promote” ranking in a report on Wednesday, Could 4th. Lastly, BMO Capital Markets lowered their goal worth on shares of The Carlyle Group from $69.00 to $60.00 in a analysis report on Friday, April twenty ninth. One equities analysis analyst has rated the inventory with a promote ranking, three have given a maintain ranking and 7 have issued a purchase ranking to the corporate’s inventory. Primarily based on knowledge from MarketBeat, the inventory presently has a consensus ranking of “Average Purchase” and a median worth goal of $59.89.
Shares of NASDAQ:CG opened at $33.77 on Tuesday. The corporate has a debt-to-equity ratio of 1.25, a fast ratio of two.65 and a present ratio of two.65. The Carlyle Group Inc. has a 1 yr low of $31.22 and a 1 yr excessive of $60.62. The inventory has a market capitalization of $12.21 billion, a P/E ratio of 4.59, a PEG ratio of 0.35 and a beta of 1.55. The inventory has a 50-day easy shifting common of $37.15 and a 200-day easy shifting common of $44.44.
The Carlyle Group (NASDAQ:CG – Get Ranking) final introduced its earnings outcomes on Thursday, April twenty eighth. The monetary providers supplier reported $0.74 earnings per share (EPS) for the quarter, lacking analysts’ consensus estimates of $0.98 by ($0.24). The Carlyle Group had a internet margin of 33.77% and a return on fairness of 41.54%. The enterprise had income of $779.50 million throughout the quarter, in comparison with analyst estimates of $1.06 billion. Throughout the identical interval within the earlier yr, the corporate earned $0.58 earnings per share. The enterprise’s income for the quarter was up 27.3% on a year-over-year foundation. Analysts predict that The Carlyle Group Inc. will submit 4.15 earnings per share for the present yr.
The corporate additionally lately declared a quarterly dividend, which was paid on Tuesday, Could seventeenth. Traders of report on Tuesday, Could tenth got a dividend of $0.325 per share. It is a optimistic change from The Carlyle Group’s earlier quarterly dividend of $0.25. This represents a $1.30 annualized dividend and a dividend yield of three.85%. The ex-dividend date was Monday, Could ninth. The Carlyle Group’s dividend payout ratio is presently 17.69%.
About The Carlyle Group (Get Ranking)
The Carlyle Group Inc is an funding agency specializing in direct and fund of fund investments. Inside direct investments, it focuses on management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority fairness investments, structured credit score, world distressed and company alternatives, small and center market, fairness non-public placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and enterprise and development capital financings, seed/startup, early enterprise, rising development, turnaround, mid enterprise, late enterprise, PIPES.
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