B. Metzler seel. Sohn & Co. Holding AG Invests $265,000 in The Carlyle Group Inc. (NASDAQ:CG)

B. Metzler seel. Sohn & Co. Holding AG acquired a new position in shares of The Carlyle Group Inc. (NASDAQ:CG) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 6,150 shares of the financial services provider’s stock, valued at approximately $265,000.

A number of other institutional investors and hedge funds have also made changes to their positions in CG. Whalen Wealth Management Inc. bought a new position in shares of The Carlyle Group during the third quarter valued at $719,000. Quest Partners LLC increased its stake in The Carlyle Group by 41.3% during the 3rd quarter. Quest Partners LLC now owns 19,142 shares of the financial services provider’s stock valued at $824,000 after purchasing an additional 5,591 shares in the last quarter. Empowered Funds LLC raised its holdings in The Carlyle Group by 443.1% in the third quarter. Empowered Funds LLC now owns 157,674 shares of the financial services provider’s stock worth $6,789,000 after buying an additional 128,644 shares during the last quarter. CIBC Asset Management Inc lifted its stake in shares of The Carlyle Group by 4.9% in the third quarter. CIBC Asset Management Inc now owns 12,183 shares of the financial services provider’s stock worth $525,000 after buying an additional 569 shares in the last quarter. Finally, Sargent Investment Group LLC increased its position in shares of The Carlyle Group by 1.4% during the third quarter. Sargent Investment Group LLC now owns 283,848 shares of the financial services provider’s stock valued at $12,222,000 after acquiring an additional 3,895 shares in the last quarter. Institutional investors own 55.88% of the company’s stock.

Insiders Place Their Bets

In other news, Director Daniel A. D’aniello sold 495,542 shares of The Carlyle Group stock in a transaction that occurred on 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 transaction, the director now owns 32,504,102 shares in the company, valued at approximately $1,674,936,376.06. The trade was a 1.50 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, major shareholder Carlyle Group Inc. sold 924,466 shares of the stock in a transaction on Wednesday, October 9th. The shares were sold at an average price of $2.14, for a total value of $1,978,357.24. Following the sale, the insider now owns 3,643,231 shares in the company, valued at $7,796,514.34. The trade was a 20.24 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,171,556 shares of company stock valued at $29,222,475 in the last quarter. 27.20% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of research firms have commented on CG. Evercore ISI lifted their target price on The Carlyle Group from $45.00 to $47.00 and gave the stock an “in-line” rating in a report on Monday, October 14th. Wells Fargo & Company boosted their target price on The Carlyle Group from $42.00 to $48.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 9th. Keefe, Bruyette & Woods raised their price target on shares of The Carlyle Group from $51.00 to $55.00 and gave the company a “market perform” rating in a report on Friday, November 8th. Oppenheimer upped their price objective on The Carlyle Group from $78.00 to $85.00 and gave the company an “outperform” rating in a research report on Monday, November 11th. Finally, Deutsche Bank Aktiengesellschaft decreased their price target on shares of The Carlyle Group from $55.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, August 15th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and six 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 an average target price of $53.33.

The Carlyle Group Stock Up 1.4 %

Shares of CG opened at $54.39 on Tuesday. The Carlyle Group Inc. has a 12-month low of $32.23 and a 12-month high of $55.11. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 1.38. The company has a market capitalization of $19.45 billion, a PE ratio of 187.55, a price-to-earnings-growth ratio of 1.42 and a beta of 1.70. The business’s 50 day moving average is $48.57 and its 200 day moving average is $44.12.

The Carlyle Group (NASDAQ:CG) last issued its earnings results on Wednesday, November 6th. The financial services provider reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.87 by $0.08. The firm had revenue of $895.00 million during the quarter, compared to analyst estimates of $908.17 million. The Carlyle Group had a net margin of 2.21% and a return on equity of 24.91%. The Carlyle Group’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.87 earnings per share. Research analysts expect that The Carlyle Group Inc. will post 3.77 earnings per share for the current fiscal year.

The Carlyle Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Monday, November 18th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.57%. The ex-dividend date was Monday, November 18th. The Carlyle Group’s payout ratio is presently 482.76%.

The Carlyle Group Company 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.