159,253 Shares in The Carlyle Group Inc. (NASDAQ:CG) Purchased by Natixis Advisors L.P.

Natixis Advisors L.P. acquired a new stake in The Carlyle Group Inc. (NASDAQ:CG) in the 4th quarter, Holdings Channel reports. The fund acquired 159,253 shares of the financial services provider’s stock, valued at approximately $6,480,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. CVA Family Office LLC bought a new stake in shares of The Carlyle Group in the 4th quarter worth approximately $35,000. GAMMA Investing LLC acquired a new stake in shares of The Carlyle Group during the 4th quarter valued at $38,000. Clear Street Markets LLC bought a new stake in shares of The Carlyle Group during the 3rd quarter worth $50,000. Fifth Third Bancorp raised its position in shares of The Carlyle Group by 25.6% during the fourth quarter. Fifth Third Bancorp now owns 2,191 shares of the financial services provider’s stock worth $89,000 after purchasing an additional 446 shares during the period. Finally, Ramirez Asset Management Inc. purchased a new stake in shares of The Carlyle Group during the third quarter valued at $84,000. Institutional investors own 55.88% of the company’s stock.

The Carlyle Group Stock Up 2.1 %

The Carlyle Group stock opened at $42.37 on Friday. The firm has a market cap of $15.34 billion, a price-to-earnings ratio of -23.67, a P/E/G ratio of 1.01 and a beta of 1.77. The firm has a fifty day moving average price of $45.52 and a two-hundred day moving average price of $40.39. The Carlyle Group Inc. has a fifty-two week low of $25.47 and a fifty-two week high of $48.52. The company has a debt-to-equity ratio of 1.53, a current ratio of 2.53 and a quick ratio of 2.27.

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

The Carlyle Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Shareholders of record on Tuesday, May 14th will be given a $0.35 dividend. The ex-dividend date is Monday, May 13th. This represents a $1.40 annualized dividend and a yield of 3.30%. The Carlyle Group’s dividend payout ratio is -78.21%.

Analyst Ratings Changes

Several analysts have issued reports on CG shares. Oppenheimer cut their price objective on The Carlyle Group from $74.00 to $68.00 and set an “outperform” rating on the stock in a report on Thursday, May 2nd. JMP Securities lifted their price objective on shares of The Carlyle Group from $52.00 to $58.00 and gave the stock a “market outperform” rating in a research report on Thursday, February 8th. Citigroup raised their target price on The Carlyle Group from $41.00 to $45.00 and gave the stock a “neutral” rating in a research report on Thursday, February 8th. TheStreet lowered The Carlyle Group from a “b-” rating to a “c” rating in a research report on Wednesday, February 7th. Finally, TD Cowen dropped their target price on The Carlyle Group from $49.00 to $45.00 and set a “hold” rating on the stock in a report on Thursday, May 2nd. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $45.60.

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.