The Carlyle Group Inc. (NASDAQ:CG) Shares Acquired by Meiji Yasuda Asset Management Co Ltd.

Meiji Yasuda Asset Management Co Ltd. raised its position in shares of The Carlyle Group Inc. (NASDAQ:CG) by 5.2% in the fourth quarter, Holdings Channel.com reports. The fund owned 9,104 shares of the financial services provider’s stock after buying an additional 450 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.’s holdings in The Carlyle Group were worth $460,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of CG. Citigroup Inc. raised its stake in shares of The Carlyle Group by 25.9% in the 3rd quarter. Citigroup Inc. now owns 86,749 shares of the financial services provider’s stock valued at $3,735,000 after acquiring an additional 17,838 shares during the period. Cerity Partners LLC raised its position in The Carlyle Group by 2.1% in the third quarter. Cerity Partners LLC now owns 71,553 shares of the financial services provider’s stock valued at $3,081,000 after purchasing an additional 1,451 shares during the period. Daiwa Securities Group Inc. boosted its position in shares of The Carlyle Group by 11.9% in the third quarter. Daiwa Securities Group Inc. now owns 17,873 shares of the financial services provider’s stock worth $770,000 after buying an additional 1,900 shares during the period. Bank of Montreal Can grew its stake in shares of The Carlyle Group by 1.3% in the third quarter. Bank of Montreal Can now owns 248,388 shares of the financial services provider’s stock valued at $10,827,000 after buying an additional 3,297 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its position in The Carlyle Group by 3.9% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 492,972 shares of the financial services provider’s stock worth $21,227,000 after acquiring an additional 18,698 shares in the last quarter. 55.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently issued reports on CG shares. Barclays dropped their price objective on shares of The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 12th. StockNews.com cut shares of The Carlyle Group from a “hold” rating to a “sell” rating in a research report on Thursday, February 20th. Oppenheimer cut The Carlyle Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 19th. Wells Fargo & Company lowered their price objective on The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating for the company in a research note on Thursday, March 20th. Finally, Wolfe Research upgraded The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 target price for the company in a research note on Friday, January 3rd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $54.53.

The Carlyle Group Trading Down 2.2 %

NASDAQ CG opened at $45.09 on Friday. The firm has a market capitalization of $16.29 billion, a PE ratio of 16.22, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73. The Carlyle Group Inc. has a one year low of $36.65 and a one year high of $57.50. The company has a 50-day simple moving average of $49.52 and a 200-day simple moving average of $49.38. The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.32 and a current ratio of 2.32.

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

The Carlyle Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.35 per share. The ex-dividend date was Friday, February 21st. This represents a $1.40 annualized dividend and a dividend yield of 3.10%. The Carlyle Group’s dividend payout ratio is currently 50.36%.

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.