Carlyle Group Inc. $CG Shares Purchased by Universal Beteiligungs und Servicegesellschaft mbH

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Carlyle Group Inc. (NASDAQ:CG) by 67.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 135,074 shares of the financial services provider’s stock after acquiring an additional 54,240 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Carlyle Group were worth $8,469,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. AQR Capital Management LLC grew its position in Carlyle Group by 937.5% in the 1st quarter. AQR Capital Management LLC now owns 57,335 shares of the financial services provider’s stock valued at $2,499,000 after buying an additional 51,809 shares during the last quarter. Goldman Sachs Group Inc. increased its stake in shares of Carlyle Group by 40.9% during the first quarter. Goldman Sachs Group Inc. now owns 1,144,974 shares of the financial services provider’s stock worth $49,909,000 after acquiring an additional 332,533 shares during the period. Empowered Funds LLC lifted its position in Carlyle Group by 3.4% in the first quarter. Empowered Funds LLC now owns 48,237 shares of the financial services provider’s stock valued at $2,103,000 after purchasing an additional 1,579 shares during the period. Focus Partners Wealth boosted its holdings in Carlyle Group by 27.4% in the 1st quarter. Focus Partners Wealth now owns 5,434 shares of the financial services provider’s stock valued at $237,000 after purchasing an additional 1,169 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of Carlyle Group by 755.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 650 shares of the financial services provider’s stock worth $28,000 after buying an additional 574 shares in the last quarter. Hedge funds and other institutional investors own 55.88% of the company’s stock.

Insider Buying and Selling at Carlyle Group

In other news, Director David M. Rubenstein sold 625,000 shares of the company’s stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $56.55, for a total value of $35,343,750.00. Following the sale, the director directly owned 27,999,644 shares in the company, valued at $1,583,379,868.20. This represents a 2.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 26.30% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

CG has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods dropped their price objective on Carlyle Group from $66.00 to $64.00 and set a “market perform” rating on the stock in a report on Monday, November 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Carlyle Group in a research note on Wednesday. TD Cowen reiterated a “buy” rating on shares of Carlyle Group in a research note on Wednesday, January 14th. BMO Capital Markets initiated coverage on shares of Carlyle Group in a report on Friday, October 3rd. They issued an “outperform” rating and a $74.00 target price for the company. Finally, Barclays lifted their price target on shares of Carlyle Group from $65.00 to $68.00 and gave the company an “overweight” rating in a research report on Friday, December 12th. Seven research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $67.46.

Carlyle Group Stock Performance

Shares of CG opened at $61.28 on Monday. Carlyle Group Inc. has a 12-month low of $33.02 and a 12-month high of $69.85. The stock has a market cap of $22.09 billion, a P/E ratio of 34.23, a PEG ratio of 1.08 and a beta of 2.04. The company has a current ratio of 2.49, a quick ratio of 2.49 and a debt-to-equity ratio of 1.78. The company has a 50-day moving average of $59.12 and a two-hundred day moving average of $60.34.

Carlyle Group (NASDAQ:CG) last issued its quarterly earnings data on Friday, November 7th. The financial services provider reported $0.98 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.98. Carlyle Group had a net margin of 16.91% and a return on equity of 23.46%. The business had revenue of $782.50 million during the quarter, compared to analysts’ expectations of $848.51 million. During the same period last year, the company posted $0.95 EPS. As a group, research analysts predict that Carlyle Group Inc. will post 4.48 EPS for the current fiscal year.

About Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager that invests across a range of strategies including private equity, real assets (such as real estate and infrastructure), global credit, and investment solutions. Founded in 1987 and headquartered in Washington, DC, Carlyle raises and manages investment funds that acquire, operate and exit companies and assets on behalf of institutional and private investors. The firm is publicly traded on the Nasdaq exchange and operates as an asset manager and investment advisor rather than as an operating company.

Carlyle’s core activities include sourcing and executing private equity buyouts and growth investments, originating and managing credit and financing solutions, and acquiring and operating real asset portfolios.