Mitsubishi UFJ Asset Management Co. Ltd. Acquires 21,691 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG) by 14.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 176,704 shares of the financial services provider’s stock after acquiring an additional 21,691 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd.’s holdings in The Carlyle Group were worth $9,159,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in CG. Vanguard Group Inc. increased its stake in The Carlyle Group by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 23,161,423 shares of the financial services provider’s stock valued at $1,169,420,000 after purchasing an additional 180,757 shares in the last quarter. William Blair Investment Management LLC increased its position in shares of The Carlyle Group by 15.5% during the fourth quarter. William Blair Investment Management LLC now owns 13,249,941 shares of the financial services provider’s stock valued at $668,990,000 after acquiring an additional 1,773,465 shares in the last quarter. Boston Partners lifted its position in The Carlyle Group by 7.1% in the 4th quarter. Boston Partners now owns 7,102,085 shares of the financial services provider’s stock valued at $358,687,000 after acquiring an additional 467,767 shares in the last quarter. FMR LLC boosted its stake in The Carlyle Group by 72.8% during the 3rd quarter. FMR LLC now owns 4,051,757 shares of the financial services provider’s stock valued at $174,469,000 after purchasing an additional 1,707,520 shares during the last quarter. Finally, Amundi raised its stake in shares of The Carlyle Group by 33.6% in the fourth quarter. Amundi now owns 2,364,231 shares of the financial services provider’s stock worth $123,673,000 after purchasing an additional 594,661 shares during the last quarter. 55.88% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently commented on CG. StockNews.com downgraded The Carlyle Group from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. Barclays lowered 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 report on Wednesday, February 12th. Evercore ISI lifted 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 report on Wednesday, February 12th. Wells Fargo & Company dropped their price target on The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 20th. Finally, Wolfe Research raised 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. One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $54.53.

The Carlyle Group Trading Up 1.0 %

Shares of The Carlyle Group stock opened at $43.59 on Tuesday. 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 debt-to-equity ratio of 1.42, a quick ratio of 2.32 and a current ratio of 2.32. The company has a market capitalization of $15.74 billion, a P/E ratio of 15.68, a P/E/G ratio of 0.98 and a beta of 1.73. The company has a fifty day moving average of $49.04 and a 200 day moving average of $49.61.

The Carlyle Group (NASDAQ:CG) last released 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 return on equity of 24.02% and a net margin of 18.81%. On average, sell-side analysts anticipate that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

The Carlyle Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a dividend of $0.35 per share. The ex-dividend date of this dividend 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 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.