The Carlyle Group Inc. (NASDAQ:CG) is William Blair Investment Management LLC’s 8th Largest Position

William Blair Investment Management LLC boosted its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG) by 15.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 13,249,941 shares of the financial services provider’s stock after buying an additional 1,773,465 shares during the quarter. The Carlyle Group makes up about 1.6% of William Blair Investment Management LLC’s investment portfolio, making the stock its 8th largest holding. William Blair Investment Management LLC’s holdings in The Carlyle Group were worth $668,990,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Atria Investments Inc boosted its position in shares of The Carlyle Group by 283.9% in the third quarter. Atria Investments Inc now owns 19,861 shares of the financial services provider’s stock worth $855,000 after purchasing an additional 14,687 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its stake in shares of The Carlyle Group by 2.1% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 501,647 shares of the financial services provider’s stock valued at $21,601,000 after acquiring an additional 10,448 shares during the period. KBC Group NV grew its holdings in shares of The Carlyle Group by 1.9% in the third quarter. KBC Group NV now owns 54,539 shares of the financial services provider’s stock worth $2,349,000 after purchasing an additional 1,024 shares during the last quarter. CIBC Asset Management Inc grew its holdings in shares of The Carlyle Group by 4.9% in the third quarter. CIBC Asset Management Inc now owns 12,183 shares of the financial services provider’s stock worth $525,000 after purchasing an additional 569 shares during the last quarter. Finally, Empowered Funds LLC grew its holdings in shares of The Carlyle Group by 443.1% in the third quarter. Empowered Funds LLC now owns 157,674 shares of the financial services provider’s stock worth $6,789,000 after purchasing an additional 128,644 shares during the last quarter. 55.88% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

CG has been the topic of several recent research reports. Wolfe Research upgraded shares of The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 target price on the stock in a report on Friday, January 3rd. StockNews.com lowered shares of The Carlyle Group from a “hold” rating to a “sell” rating in a research report on Thursday, February 20th. Barclays reduced their price target on shares of 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. Wells Fargo & Company cut 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 report on Wednesday, February 12th. Finally, Evercore ISI lifted their target price on shares of The Carlyle Group from $51.00 to $52.00 and gave the company an “in-line” rating in a report on Wednesday, February 12th. One equities research 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. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $54.93.

The Carlyle Group Stock Performance

The Carlyle Group stock opened at $42.36 on Monday. The stock’s 50-day moving average is $50.89 and its 200-day moving average is $49.16. The company has a market cap of $15.30 billion, a price-to-earnings ratio of 15.24, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73. 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 12 month low of $36.65 and a 12 month high of $57.50.

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 24.02% and a net margin of 18.81%. Equities 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 declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a $0.35 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.40 annualized dividend and a dividend yield of 3.31%. The Carlyle Group’s payout ratio is 50.36%.

The Carlyle Group Company 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.