Dynamic Advisor Solutions LLC Has $244,000 Position in The Carlyle Group Inc. (NASDAQ:CG)

Dynamic Advisor Solutions LLC lowered its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG) by 10.7% in the fourth quarter, HoldingsChannel reports. The firm owned 4,833 shares of the financial services provider’s stock after selling 581 shares during the period. Dynamic Advisor Solutions LLC’s holdings in The Carlyle Group were worth $244,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sei Investments Co. lifted its holdings in The Carlyle Group by 27.0% during the 2nd quarter. Sei Investments Co. now owns 43,403 shares of the financial services provider’s stock valued at $1,741,000 after purchasing an additional 9,238 shares during the last quarter. Public Sector Pension Investment Board raised its position in shares of The Carlyle Group by 6.0% in the second quarter. Public Sector Pension Investment Board now owns 30,772 shares of the financial services provider’s stock valued at $1,235,000 after buying an additional 1,735 shares in the last quarter. MBB Public Markets I LLC bought a new stake in shares of The Carlyle Group during the 2nd quarter valued at $742,000. Creative Planning increased its position in shares of The Carlyle Group by 10.3% in the second quarter. Creative Planning now owns 11,905 shares of the financial services provider’s stock worth $478,000 after purchasing an additional 1,111 shares during the period. Finally, Northwestern Mutual Wealth Management Co. raised its stake in The Carlyle Group by 5.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 54,545 shares of the financial services provider’s stock valued at $2,190,000 after purchasing an additional 2,633 shares in the last quarter. Institutional investors own 55.88% of the company’s stock.

Insider Activity at The Carlyle Group

In other news, Director Daniel A. D’aniello sold 495,542 shares of the company’s stock in a transaction dated Tuesday, November 12th. The shares were sold at an average price of $51.53, for a total transaction of $25,535,279.26. Following the completion of the transaction, the director now directly owns 32,504,102 shares of the company’s stock, valued at approximately $1,674,936,376.06. This represents a 1.50 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 27.20% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CG. Oppenheimer boosted their price objective on shares of The Carlyle Group from $78.00 to $85.00 and gave the company an “outperform” rating in a research report on Monday, November 11th. Evercore ISI lifted their target price on The Carlyle Group from $45.00 to $47.00 and gave the company an “in-line” rating in a research report on Monday, October 14th. Wells Fargo & Company raised their price target on shares of The Carlyle Group from $54.00 to $56.00 and gave the company an “equal weight” rating in a research note on Thursday, December 12th. StockNews.com cut shares of The Carlyle Group from a “hold” rating to a “sell” rating in a research report on Sunday, December 8th. Finally, Wolfe Research upgraded shares of The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price objective for the company in a report on Friday, January 3rd. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $54.44.

The Carlyle Group Trading Up 2.1 %

Shares of CG stock opened at $56.95 on Wednesday. The company has a market capitalization of $20.37 billion, a PE ratio of 196.38, a price-to-earnings-growth ratio of 0.99 and a beta of 1.69. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.32 and a current ratio of 2.32. The business’s fifty day moving average is $52.70 and its 200 day moving average is $47.73. The Carlyle Group Inc. has a 52-week low of $36.65 and a 52-week high of $57.34.

The Carlyle Group (NASDAQ:CG) last announced its earnings results on Wednesday, November 6th. The financial services provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.08. The business had revenue of $895.00 million for the quarter, compared to the consensus estimate 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 quarterly revenue was up 15.2% on a year-over-year basis. During the same period last year, the firm posted $0.87 earnings per share. On average, equities research analysts anticipate that The Carlyle Group Inc. will post 3.8 EPS for the current fiscal year.

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.