The Carlyle Group Inc. (NASDAQ:CG) Shares Acquired by DMC Group LLC

DMC Group LLC boosted its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG) by 4.3% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,932 shares of the financial services provider’s stock after purchasing an additional 283 shares during the quarter. DMC Group LLC’s holdings in The Carlyle Group were worth $350,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the business. Nisa Investment Advisors LLC lifted its holdings in The Carlyle Group by 253.1% during 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 last quarter. Brooklyn Investment Group bought a new position in The Carlyle Group during the third quarter worth $33,000. Tobam increased its stake in The Carlyle Group by 32.8% during the third quarter. Tobam now owns 890 shares of the financial services provider’s stock valued at $38,000 after purchasing an additional 220 shares during the last quarter. Fifth Third Bancorp lifted its position in shares of The Carlyle Group by 53.9% in the 4th quarter. Fifth Third Bancorp now owns 962 shares of the financial services provider’s stock worth $49,000 after buying an additional 337 shares during the last quarter. Finally, Retirement Wealth Solutions LLC bought a new stake in shares of The Carlyle Group during the 4th quarter valued at about $57,000. 55.88% of the stock is owned by institutional investors and hedge funds.

The Carlyle Group Trading Down 1.1 %

Shares of NASDAQ:CG opened at $56.35 on Thursday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.32 and a current ratio of 2.32. The stock has a market capitalization of $20.16 billion, a price-to-earnings ratio of 194.31, a PEG ratio of 0.99 and a beta of 1.69. The Carlyle Group Inc. has a 1-year low of $36.65 and a 1-year high of $57.50. The company has a 50 day moving average price of $52.81 and a 200 day moving average price of $47.79.

The Carlyle Group (NASDAQ:CG) last issued its earnings results on Wednesday, November 6th. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.87 by $0.08. The Carlyle Group had a return on equity of 24.91% and a net margin of 2.21%. The business had revenue of $895.00 million for the quarter, compared to analysts’ expectations of $908.17 million. During the same period in the previous year, the firm posted $0.87 EPS. The company’s quarterly revenue was up 15.2% on a year-over-year basis. On average, research analysts anticipate that The Carlyle Group Inc. will post 3.8 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the company. JPMorgan Chase & Co. lifted their target price on The Carlyle Group from $44.00 to $50.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. StockNews.com downgraded The Carlyle Group from a “hold” rating to a “sell” rating in a research note on Sunday, December 8th. 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 note on Friday, January 3rd. Morgan Stanley increased their price objective on shares of The Carlyle Group from $46.00 to $50.00 and gave the stock an “equal weight” rating in a report on Thursday, October 10th. Finally, Barclays upped their target price on shares of The Carlyle Group from $59.00 to $60.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $54.44.

Insider Buying and Selling at The Carlyle Group

In related news, Director Daniel A. D’aniello sold 495,542 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $51.53, for a total value of $25,535,279.26. Following the completion of the sale, the director now directly owns 32,504,102 shares of the company’s stock, valued at approximately $1,674,936,376.06. This represents a 1.50 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 27.20% of the company’s stock.

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.