1,245 Shares in The Carlyle Group Inc. (NASDAQ:CG) Bought by Rothschild Investment LLC

Rothschild Investment LLC bought a new position in shares of The Carlyle Group Inc. (NASDAQ:CG) during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund bought 1,245 shares of the financial services provider’s stock, valued at approximately $50,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. GAMMA Investing LLC grew its stake in The Carlyle Group by 22.8% during the 1st quarter. GAMMA Investing LLC now owns 1,156 shares of the financial services provider’s stock valued at $54,000 after purchasing an additional 215 shares during the last quarter. Riverwater Partners LLC grew its stake in The Carlyle Group by 1.1% during the 1st quarter. Riverwater Partners LLC now owns 21,761 shares of the financial services provider’s stock valued at $1,021,000 after purchasing an additional 228 shares during the last quarter. Global Retirement Partners LLC grew its stake in The Carlyle Group by 41.2% during the 1st quarter. Global Retirement Partners LLC now owns 846 shares of the financial services provider’s stock valued at $40,000 after purchasing an additional 247 shares during the last quarter. Fifth Third Bancorp grew its stake in The Carlyle Group by 11.5% during the 1st quarter. Fifth Third Bancorp now owns 2,442 shares of the financial services provider’s stock valued at $115,000 after purchasing an additional 251 shares during the last quarter. Finally, Retirement Planning Co of New England Inc. grew its stake in The Carlyle Group by 2.5% during the 1st quarter. Retirement Planning Co of New England Inc. now owns 11,314 shares of the financial services provider’s stock valued at $531,000 after purchasing an additional 271 shares during the last quarter. 55.88% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other The Carlyle Group news, major shareholder Carlyle Group Inc. sold 78,180 shares of the firm’s stock in a transaction on Wednesday, August 7th. The stock was sold at an average price of $39.94, for a total transaction of $3,122,509.20. Following the completion of the sale, the insider now owns 8,441,022 shares of the company’s stock, valued at $337,134,418.68. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold a total of 2,261,559 shares of company stock valued at $82,700,460 over the last quarter. 27.20% of the stock is owned by insiders.

The Carlyle Group Price Performance

NASDAQ:CG opened at $38.07 on Friday. The Carlyle Group Inc. has a one year low of $27.13 and a one year high of $50.92. The company has a debt-to-equity ratio of 1.75, a quick ratio of 2.55 and a current ratio of 2.55. The stock has a market cap of $13.70 billion, a PE ratio of -21.27, a P/E/G ratio of 1.21 and a beta of 1.75. The stock has a 50 day moving average price of $42.10 and a 200 day moving average price of $43.37.

The Carlyle Group (NASDAQ:CG) last posted its quarterly earnings results on Monday, August 5th. The financial services provider reported $0.78 EPS for the quarter, missing the consensus estimate of $0.83 by ($0.05). The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $808.73 million. The Carlyle Group had a negative net margin of 11.67% and a positive return on equity of 24.30%. The Carlyle Group’s revenue for the quarter was up 131.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.88 EPS. Equities research analysts expect that The Carlyle Group Inc. will post 3.76 EPS for the current fiscal year.

The Carlyle Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, August 26th. Shareholders of record on Friday, August 16th were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, August 16th. This represents a $1.40 annualized dividend and a yield of 3.68%. The Carlyle Group’s dividend payout ratio (DPR) is -78.21%.

Analyst Ratings Changes

CG has been the topic of several research analyst reports. JPMorgan Chase & Co. downgraded The Carlyle Group from an “overweight” rating to a “neutral” rating and dropped their price target for the company from $46.00 to $44.00 in a research note on Tuesday, August 6th. UBS Group decreased their price objective on The Carlyle Group from $45.00 to $44.00 and set a “neutral” rating for the company in a report on Wednesday, July 10th. Keefe, Bruyette & Woods decreased their price objective on The Carlyle Group from $48.00 to $46.00 and set a “market perform” rating for the company in a report on Tuesday, August 6th. Oppenheimer decreased their price objective on The Carlyle Group from $69.00 to $64.00 and set an “outperform” rating for the company in a report on Tuesday, August 6th. Finally, Barclays decreased their price objective on The Carlyle Group from $51.00 to $46.00 and set an “overweight” rating for the company in a report on Tuesday, August 6th. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and six have given a buy rating to the company. According to MarketBeat.com, The Carlyle Group has a consensus rating of “Hold” and an average price target of $46.07.

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.