Cwm LLC Has $111,000 Stake in The Carlyle Group Inc. (NASDAQ:CG)

Cwm LLC lowered its stake in shares of The Carlyle Group Inc. (NASDAQ:CG) by 63.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 2,731 shares of the financial services provider’s stock after selling 4,720 shares during the period. Cwm LLC’s holdings in The Carlyle Group were worth $111,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in CG. Commonwealth Equity Services LLC boosted its stake in The Carlyle Group by 0.8% during the 3rd quarter. Commonwealth Equity Services LLC now owns 109,184 shares of the financial services provider’s stock valued at $3,293,000 after purchasing an additional 821 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its stake in shares of The Carlyle Group by 36.8% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 32,215 shares of the financial services provider’s stock worth $972,000 after buying an additional 8,664 shares during the last quarter. Raymond James & Associates boosted its stake in shares of The Carlyle Group by 21.0% in the 3rd quarter. Raymond James & Associates now owns 443,560 shares of the financial services provider’s stock worth $13,378,000 after buying an additional 76,888 shares during the last quarter. Forsta AP Fonden purchased a new position in shares of The Carlyle Group in the 3rd quarter worth approximately $2,904,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of The Carlyle Group by 4.6% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 88,771 shares of the financial services provider’s stock worth $2,677,000 after buying an additional 3,884 shares during the last quarter. Institutional investors and hedge funds own 55.88% of the company’s stock.

The Carlyle Group Trading Up 2.3 %

The Carlyle Group stock opened at $41.99 on Tuesday. The stock has a market cap of $15.20 billion, a P/E ratio of -23.46, a PEG ratio of 1.01 and a beta of 1.77. The Carlyle Group Inc. has a fifty-two week low of $25.47 and a fifty-two week high of $48.52. The firm’s fifty day moving average price is $45.75 and its 200-day moving average price is $40.16. The company has a debt-to-equity ratio of 1.53, a quick ratio of 2.27 and a current ratio of 2.53.

The Carlyle Group (NASDAQ:CG) last released its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $1.01 earnings per share for the quarter, topping the consensus estimate of $0.92 by $0.09. The Carlyle Group had a negative net margin of 23.04% and a positive return on equity of 23.92%. The firm had revenue of $1.02 billion for the quarter, compared to analysts’ expectations of $986.10 million. During the same quarter in the prior year, the firm posted $0.63 earnings per share. The business’s quarterly revenue was up 35.6% on a year-over-year basis. Equities research analysts forecast that The Carlyle Group Inc. will post 3.94 earnings per share for the current fiscal year.

The Carlyle Group Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 21st. Stockholders of record on Tuesday, May 14th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, May 13th. This represents a $1.40 annualized dividend and a dividend yield of 3.33%. The Carlyle Group’s dividend payout ratio (DPR) is presently -78.21%.

Insider Activity

In other news, major shareholder Carlyle Group Inc. acquired 190,000 shares of The Carlyle Group stock in a transaction dated Thursday, February 8th. The shares were purchased at an average cost of $12.95 per share, for a total transaction of $2,460,500.00. Following the transaction, the insider now owns 1,066,189 shares of the company’s stock, valued at $13,807,147.55. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 27.20% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Morgan Stanley boosted their target price on The Carlyle Group from $34.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 24th. Oppenheimer dropped their price objective on The Carlyle Group from $74.00 to $68.00 and set an “outperform” rating on the stock in a research note on Thursday, May 2nd. TheStreet downgraded The Carlyle Group from a “b-” rating to a “c” rating in a research note on Wednesday, February 7th. Citigroup upped their price objective on The Carlyle Group from $41.00 to $45.00 and gave the company a “neutral” rating in a research note on Thursday, February 8th. Finally, UBS Group upped their price objective on The Carlyle Group from $46.00 to $50.00 and gave the company a “neutral” rating in a research note on Friday, April 12th. One research analyst has rated the stock with a sell rating, seven have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $44.73.

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.