Nomura Asset Management Co. Ltd. Buys 16,439 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Nomura Asset Management Co. Ltd. raised its stake in shares of The Carlyle Group Inc. (NASDAQ:CG) by 24.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 84,251 shares of the financial services provider’s stock after purchasing an additional 16,439 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in The Carlyle Group were worth $4,254,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. National Pension Service purchased a new stake in The Carlyle Group in the 4th quarter worth approximately $25,000. Golden State Wealth Management LLC purchased a new stake in shares of The Carlyle Group in the fourth quarter worth $25,000. Valley National Advisers Inc. raised its position in shares of The Carlyle Group by 149.3% during the 4th quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 327 shares during the period. Nisa Investment Advisors LLC boosted its holdings in 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 worth $29,000 after buying an additional 405 shares during the period. Finally, Wilmington Savings Fund Society FSB increased its stake in 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 buying an additional 890 shares in the last quarter. Institutional investors own 55.88% of the company’s stock.

The Carlyle Group Trading Up 1.6 %

Shares of CG opened at $44.27 on Wednesday. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 1.42. The Carlyle Group Inc. has a twelve month low of $36.65 and a twelve month high of $57.50. The company has a market cap of $15.99 billion, a P/E ratio of 15.92, a P/E/G ratio of 0.98 and a beta of 1.73. The company’s fifty day simple moving average is $48.80 and its 200-day simple moving average is $49.64.

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 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, analysts expect that The Carlyle Group Inc. will post 4.48 EPS for the current year.

The Carlyle Group Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a $0.35 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a yield of 3.16%. The Carlyle Group’s dividend payout ratio is currently 50.36%.

Analyst Ratings Changes

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

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.