[ad_1]
The Carlyle Group (NASDAQ:CG – Get Ranking) had its goal value dropped by funding analysts at The Goldman Sachs Group from $58.00 to $48.00 in a analysis report issued on Wednesday, Benzinga stories. The brokerage presently has a “purchase” ranking on the monetary providers supplier’s inventory. The Goldman Sachs Group’s value goal factors to a possible upside of 49.11% from the inventory’s present value.
Quite a lot of different brokerages have additionally lately issued stories on CG. Oppenheimer boosted their goal value on shares of The Carlyle Group from $71.00 to $80.00 in a analysis report on Wednesday, April thirteenth. Morgan Stanley decreased their goal value on shares of The Carlyle Group from $59.00 to $54.00 and set an “equal weight” ranking for the corporate in a analysis report on Wednesday, April twentieth. Deutsche Financial institution Aktiengesellschaft lower their value goal on shares of The Carlyle Group from $68.00 to $64.00 in a analysis report on Thursday, Could nineteenth. BMO Capital Markets lower their value goal on shares of The Carlyle Group from $69.00 to $60.00 in a analysis report on Friday, April twenty ninth. Lastly, JMP Securities began protection on shares of The Carlyle Group in a analysis report on Wednesday, June eighth. They set an “outperform” ranking and a $60.00 value goal for the corporate. One analyst has rated the inventory with a promote ranking, three have assigned a maintain ranking and 7 have given a purchase ranking to the corporate’s inventory. Based mostly on knowledge from MarketBeat, The Carlyle Group has a consensus ranking of “Reasonable Purchase” and a median goal value of $59.00.
The Carlyle Group inventory traded down $0.76 throughout mid-day buying and selling on Wednesday, hitting $32.19. 34,994 shares of the corporate’s inventory traded palms, in comparison with its common quantity of two,677,690. The corporate has a debt-to-equity ratio of 1.25, a present ratio of two.65 and a fast ratio of two.65. The agency has a 50 day easy shifting common of $36.93 and a two-hundred day easy shifting common of $44.36. The Carlyle Group has a fifty-two week low of $31.22 and a fifty-two week excessive of $60.62. The inventory has a market cap of $11.64 billion, a price-to-earnings ratio of 4.36, a P/E/G ratio of 0.35 and a beta of 1.55.
The Carlyle Group (NASDAQ:CG – Get Ranking) final launched its quarterly earnings knowledge on Thursday, April twenty eighth. The monetary providers supplier reported $0.74 EPS for the quarter, lacking analysts’ consensus estimates of $0.98 by ($0.24). The Carlyle Group had a return on fairness of 41.54% and a web margin of 33.77%. The corporate had income of $779.50 million for the quarter, in comparison with the consensus estimate of $1.06 billion. Throughout the identical interval final yr, the agency earned $0.58 earnings per share. The corporate’s income for the quarter was up 27.3% in comparison with the identical quarter final yr. On common, analysis analysts anticipate that The Carlyle Group will publish 4.15 earnings per share for the present fiscal yr.
In different The Carlyle Group information, main shareholder Carlyle Group Inc. bought 8,546 shares of The Carlyle Group inventory in a transaction on Thursday, April seventh. The shares had been bought at a median value of $57.23, for a complete worth of $489,087.58. The transaction was disclosed in a submitting with the Securities & Change Fee, which will be accessed via the SEC web site. Additionally, Director David M. Rubenstein bought 2,000,000 shares of the inventory in a transaction dated Monday, June sixth. The inventory was bought at a median value of $38.67, for a complete transaction of $77,340,000.00. Following the transaction, the director now instantly owns 29,249,644 shares within the firm, valued at roughly $1,131,083,733.48. The disclosure for this sale will be discovered right here. During the last quarter, insiders have bought 2,093,969 shares of firm inventory valued at $82,709,291. 29.80% of the inventory is presently owned by company insiders.
Quite a lot of hedge funds have lately made adjustments to their positions in CG. Westside Funding Administration Inc. purchased a brand new stake in The Carlyle Group through the 1st quarter value roughly $28,000. Burleson & Firm LLC purchased a brand new stake in The Carlyle Group through the first quarter value $29,000. Ellevest Inc. lifted its stake in The Carlyle Group by 495.2% through the 4th quarter. Ellevest Inc. now owns 619 shares of the monetary providers supplier’s inventory valued at $34,000 after buying an extra 515 shares within the final quarter. CVA Household Workplace LLC boosted its holdings in The Carlyle Group by 257.1% through the 1st quarter. CVA Household Workplace LLC now owns 625 shares of the monetary providers supplier’s inventory value $31,000 after buying an extra 450 shares over the past quarter. Lastly, Parkside Investments LLC bought a brand new stake in shares of The Carlyle Group within the first quarter valued at about $48,000. Institutional traders and hedge funds personal 93.84% of the corporate’s inventory.
The Carlyle Group Firm Profile (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 personal 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.
See Additionally
This immediate information alert was generated by narrative science expertise and monetary knowledge from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial crew previous to publication. Please ship any questions or feedback about this story to [email protected]
Must you make investments $1,000 in The Carlyle Group proper now?
Earlier than you think about The Carlyle Group, you will need to hear this.
MarketBeat retains observe of Wall Avenue’s top-rated and greatest performing analysis analysts and the shares they advocate to their shoppers every day. MarketBeat has recognized the 5 shares that prime analysts are quietly whispering to their shoppers to purchase now earlier than the broader market catches on… and The Carlyle Group wasn’t on the record.
Whereas The Carlyle Group presently has a “Reasonable Purchase” ranking amongst analysts, top-rated analysts consider these 5 shares are higher buys.
View The 5 Shares Right here
[ad_2]
Supply hyperlink
