Edmond DE Rothschild Holding S.A. Boosts Position in The Carlyle Group Inc. (NASDAQ:CG)

Edmond DE Rothschild Holding S.A. increased its position in shares of The Carlyle Group Inc. (NASDAQ:CG) by 19.5% in the 4th quarter, Holdings Channel.com reports. The firm owned 183,744 shares of the financial services provider’s stock after acquiring an additional 29,991 shares during the quarter. Edmond DE Rothschild Holding S.A.’s holdings in The Carlyle Group were worth $9,277,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. National Pension Service acquired a new position in shares of The Carlyle Group in the 4th quarter valued at $25,000. Golden State Wealth Management LLC purchased a new stake in The Carlyle Group in the 4th quarter valued at about $25,000. Valley National Advisers Inc. boosted its stake in The Carlyle Group by 149.3% during the fourth quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider’s stock worth $27,000 after buying an additional 327 shares during the period. Nisa Investment Advisors LLC raised its stake in shares of The Carlyle Group by 253.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider’s stock valued at $29,000 after acquiring an additional 405 shares during the period. Finally, Wilmington Savings Fund Society FSB lifted its holdings in shares of The Carlyle Group by 8,090.9% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 901 shares of the financial services provider’s stock worth $45,000 after acquiring an additional 890 shares during the last quarter. 55.88% of the stock is owned by hedge funds and other institutional investors.

The Carlyle Group Price Performance

CG stock opened at $43.59 on Tuesday. The stock has a market cap of $15.74 billion, a price-to-earnings ratio of 15.68, a PEG ratio of 0.98 and a beta of 1.73. The Carlyle Group Inc. has a fifty-two week low of $36.65 and a fifty-two week high of $57.50. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 1.42. The business has a 50 day moving average price of $49.04 and a 200 day moving average price of $49.61.

The Carlyle Group (NASDAQ:CG) last issued its earnings results 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 net margin of 18.81% and a return on equity of 24.02%. Equities research analysts anticipate that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

The Carlyle Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a $0.35 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.21%. The Carlyle Group’s dividend payout ratio (DPR) is presently 50.36%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on CG shares. Wolfe Research upgraded The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price target on the stock in a research note on Friday, January 3rd. Barclays decreased their target price on 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. Evercore ISI boosted their price target 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. Oppenheimer lowered shares of The Carlyle Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 19th. Finally, Wells Fargo & Company reduced their target price on shares of The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating on the stock in a report on Thursday, March 20th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $54.53.

About The Carlyle Group

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.