The Carlyle Group Inc. (NASDAQ:CG) Shares Acquired by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC increased its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG) by 40.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,988 shares of the financial services provider’s stock after purchasing an additional 4,619 shares during the quarter. Arete Wealth Advisors LLC’s holdings in The Carlyle Group were worth $807,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised 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 acquiring an additional 180,757 shares during the last quarter. William Blair Investment Management LLC raised its stake 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 worth $668,990,000 after purchasing an additional 1,773,465 shares during the last quarter. Boston Partners lifted its holdings in shares of The Carlyle Group by 7.1% during the fourth quarter. Boston Partners now owns 7,102,085 shares of the financial services provider’s stock worth $358,687,000 after purchasing an additional 467,767 shares during the period. Massachusetts Financial Services Co. MA raised its position in The Carlyle Group by 201.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,351,432 shares of the financial services provider’s stock worth $320,684,000 after buying an additional 4,244,131 shares during the last quarter. Finally, Amundi boosted its holdings 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 valued at $123,673,000 after acquiring an additional 594,661 shares in the last quarter. 55.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. StockNews.com downgraded shares of The Carlyle Group from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. Oppenheimer cut The Carlyle Group from an “outperform” rating to a “market perform” rating in a report on Wednesday, March 19th. Wolfe Research upgraded The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 target price on the stock in a research report on Friday, January 3rd. Barclays cut their price target on The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a research note on Wednesday, February 12th. Finally, Bank of America lowered their price objective on shares of The Carlyle Group from $47.00 to $46.00 and set an “underperform” rating on the stock in a research note on Friday. Two investment analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, The Carlyle Group presently has a consensus rating of “Hold” and an average target price of $54.00.

The Carlyle Group Trading Down 7.3 %

Shares of CG opened at $35.89 on Friday. The Carlyle Group Inc. has a fifty-two week low of $33.02 and a fifty-two week high of $57.50. The stock has a fifty day moving average of $47.81 and a two-hundred day moving average of $49.51. 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 $12.96 billion, a PE ratio of 12.91, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73.

The Carlyle Group (NASDAQ:CG) last released its earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share 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%. As a group, analysts forecast that The Carlyle Group Inc. will post 4.48 EPS for the current year.

The Carlyle Group Dividend Announcement

The business also recently declared 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. This represents a $1.40 annualized dividend and a yield of 3.90%. The ex-dividend date was Friday, February 21st. The Carlyle Group’s dividend payout ratio (DPR) is 50.36%.

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.