The Carlyle Group Inc. (NASDAQ:CG) Given Average Rating of “Hold” by Analysts

The Carlyle Group Inc. (NASDAQ:CG) has received an average recommendation of “Hold” from the fifteen research firms that are covering the stock, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $54.93.

A number of research analysts recently commented on CG shares. TD Cowen upped their price objective on The Carlyle Group from $43.00 to $49.00 and gave the company a “hold” rating in a report on Friday, November 8th. Keefe, Bruyette & Woods upped their price target on The Carlyle Group from $51.00 to $55.00 and gave the company a “market perform” rating in a research note on Friday, November 8th. Evercore ISI boosted their price objective on shares of The Carlyle Group from $51.00 to $52.00 and gave the company an “in-line” rating in a report on Wednesday, February 12th. Wolfe Research upgraded The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price target on the stock in a research note on Friday, January 3rd. Finally, Barclays dropped their price objective on The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a research note on Wednesday, February 12th.

The Carlyle Group Stock Performance

CG opened at $45.06 on Friday. The firm has a 50 day moving average of $52.27 and a two-hundred day moving average of $49.05. The firm has a market capitalization of $16.12 billion, a PE ratio of 16.21, a P/E/G ratio of 0.98 and a beta of 1.70. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 1.42. The Carlyle Group has a 12-month low of $36.65 and a 12-month high of $57.50.

The Carlyle Group (NASDAQ:CG) last announced its quarterly earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. On average, analysts anticipate that The Carlyle Group will post 4.48 EPS for the current year.

The Carlyle Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were issued a $0.35 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.40 annualized dividend and a yield of 3.11%. The Carlyle Group’s dividend payout ratio (DPR) is 50.36%.

Institutional Investors Weigh In On The Carlyle Group

Several large investors have recently modified their holdings of the stock. Golden State Wealth Management LLC acquired a new stake in The Carlyle Group in the 4th quarter valued at about $25,000. National Pension Service acquired a new stake in shares of The Carlyle Group in the fourth quarter valued at approximately $25,000. Valley National Advisers Inc. raised its position in The Carlyle Group by 149.3% in the 4th quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 327 shares during the last quarter. Nisa Investment Advisors LLC boosted its position in The Carlyle Group by 253.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider’s stock valued at $29,000 after buying an additional 405 shares during the last quarter. Finally, Main Street Group LTD acquired a new stake in shares of The Carlyle Group in the 4th quarter valued at $29,000. 55.88% of the stock is currently owned by institutional investors.

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.