The Carlyle Group Inc. (NASDAQ:CG) Shares Sold by Stanley Laman Group Ltd.

Stanley Laman Group Ltd. lessened its stake in The Carlyle Group Inc. (NASDAQ:CG) by 8.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 106,500 shares of the financial services provider’s stock after selling 10,351 shares during the period. Stanley Laman Group Ltd.’s holdings in The Carlyle Group were worth $5,377,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in CG. JPMorgan Chase & Co. increased its position 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 worth $82,651,000 after purchasing an additional 777,304 shares during the period. Sargent Investment Group LLC increased its holdings 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 during the last quarter. Franklin Street Advisors Inc. NC acquired a new stake in The Carlyle Group in the 4th quarter valued at $17,671,000. Empowered Funds LLC boosted its position in The Carlyle Group by 443.1% in the 3rd quarter. Empowered Funds LLC now owns 157,674 shares of the financial services provider’s stock valued at $6,789,000 after buying an additional 128,644 shares during the last quarter. Finally, Blue Trust Inc. lifted its position in shares of The Carlyle Group by 26.9% during the fourth quarter. Blue Trust Inc. now owns 2,423 shares of the financial services provider’s stock worth $122,000 after purchasing an additional 514 shares during the last quarter. Institutional investors and hedge funds own 55.88% of the company’s stock.

The Carlyle Group Stock Performance

Shares of CG opened at $49.95 on Thursday. The company has a market capitalization of $17.87 billion, a PE ratio of 172.24, a price-to-earnings-growth ratio of 0.92 and a beta of 1.70. The Carlyle Group Inc. has a one year low of $36.65 and a one year high of $57.50. The company has a debt-to-equity ratio of 1.38, a current ratio of 2.32 and a quick ratio of 2.32. The company’s fifty day moving average price is $52.74 and its 200 day moving average price is $48.26.

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 24.91% and a net margin of 2.21%. As a group, analysts expect that The Carlyle Group Inc. will post 3.73 earnings per share for the current year.

Wall Street Analyst Weigh In

CG has been the topic of several analyst reports. Evercore ISI raised their price target on shares of The Carlyle Group from $51.00 to $52.00 and gave the company an “in-line” rating in a research note on Wednesday. Oppenheimer raised their target price on shares of The Carlyle Group from $78.00 to $85.00 and gave the stock an “outperform” rating in a report on Monday, November 11th. StockNews.com raised shares of The Carlyle Group from a “sell” rating to a “hold” rating in a research note on Wednesday. UBS Group lifted their target price on shares of The Carlyle Group from $43.00 to $54.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Finally, Wells Fargo & Company decreased 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 research note on Wednesday. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target 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.