Moors & Cabot Inc. Sells 400 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Moors & Cabot Inc. lowered its position in The Carlyle Group Inc. (NASDAQ:CG) by 4.7% in the 4th quarter, HoldingsChannel reports. The fund owned 8,153 shares of the financial services provider’s stock after selling 400 shares during the period. Moors & Cabot Inc.’s holdings in The Carlyle Group were worth $412,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in CG. Wealthfront Advisers LLC bought a new stake in shares of The Carlyle Group in the fourth quarter valued at approximately $1,508,000. Amundi raised its holdings in The Carlyle Group by 33.6% during the 4th quarter. Amundi now owns 2,364,231 shares of the financial services provider’s stock valued at $123,673,000 after acquiring an additional 594,661 shares during the period. Machina Capital S.A.S. bought a new position in shares of The Carlyle Group in the fourth quarter worth $671,000. Raymond James Financial Inc. purchased a new position in shares of The Carlyle Group in the fourth quarter valued at $83,784,000. Finally, Arizona State Retirement System lifted its holdings in The Carlyle Group by 0.3% during the 4th quarter. Arizona State Retirement System now owns 67,239 shares of the financial services provider’s stock worth $3,395,000 after purchasing an additional 220 shares in the last quarter. 55.88% of the stock is owned by hedge funds and other institutional investors.

The Carlyle Group Trading Up 4.6 %

Shares of CG stock opened at $42.36 on Friday. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.32 and a quick ratio of 2.32. The Carlyle Group Inc. has a 1-year low of $36.65 and a 1-year high of $57.50. The business has a 50-day moving average of $50.89 and a 200 day moving average of $49.10. The stock has a market capitalization of $15.30 billion, a PE ratio of 15.24, a P/E/G ratio of 0.98 and a beta of 1.73.

The Carlyle Group (NASDAQ:CG) last posted its quarterly earnings results on Monday, February 10th. The financial services provider reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.08). The Carlyle Group had a net margin of 18.81% and a return on equity of 24.02%. As a group, sell-side analysts anticipate that The Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The Carlyle Group Announces Dividend

The firm also recently disclosed 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 annualized dividend and a yield of 3.31%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group’s dividend payout ratio (DPR) is currently 50.36%.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on CG shares. Wells Fargo & Company decreased their price target on The Carlyle Group from $56.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 12th. Evercore ISI increased their target price on shares of The Carlyle Group from $51.00 to $52.00 and gave the stock an “in-line” rating in a research note on Wednesday, February 12th. Wolfe Research raised shares of The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price target on the stock in a report on Friday, January 3rd. Barclays reduced their target price on The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a research report on Wednesday, February 12th. Finally, StockNews.com downgraded The Carlyle Group from a “hold” rating to a “sell” rating in a research report on Thursday, February 20th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price 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.