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 stake in The Carlyle Group Inc. (NASDAQ:CG) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 6,150 shares of the financial services provider’s stock, valued at approximately $265,000.

A number of other large investors have also recently modified their holdings of the company. Ariel Investments LLC increased its position in The Carlyle Group by 1.1% during the 2nd quarter. Ariel Investments LLC now owns 4,937,725 shares of the financial services provider’s stock valued at $198,250,000 after purchasing an additional 54,805 shares during the period. Bank of New York Mellon Corp raised its stake in The Carlyle Group by 2.1% in the second quarter. Bank of New York Mellon Corp now owns 2,727,870 shares of the financial services provider’s stock worth $109,524,000 after buying an additional 55,662 shares in the last quarter. Boston Partners purchased a new stake in The Carlyle Group during the first quarter worth $109,122,000. Dimensional Fund Advisors LP boosted its position in The Carlyle Group by 6.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,266,595 shares of the financial services provider’s stock valued at $90,999,000 after acquiring an additional 137,541 shares in the last quarter. Finally, Massachusetts Financial Services Co. MA raised its position in shares of The Carlyle Group by 17,468.6% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 1,715,748 shares of the financial services provider’s stock worth $68,887,000 after acquiring an additional 1,705,982 shares in the last quarter. Hedge funds and other institutional investors own 55.88% of the company’s stock.

The Carlyle Group Price Performance

Shares of NASDAQ:CG opened at $54.39 on Tuesday. The Carlyle Group Inc. has a twelve month low of $32.23 and a twelve 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 cap 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 company’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 (EPS) for the quarter, topping the consensus estimate of $0.87 by $0.08. The firm had revenue of $895.00 million during the quarter, compared to analysts’ expectations of $908.17 million. The Carlyle Group had a net margin of 2.21% and a return on equity of 24.91%. The firm’s revenue was up 15.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.87 earnings per share. On average, sell-side analysts forecast that The Carlyle Group Inc. will post 3.77 EPS for the current year.

The Carlyle Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, November 25th. Investors of record on Monday, November 18th were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 2.57%. The ex-dividend date of this dividend was Monday, November 18th. The Carlyle Group’s dividend payout ratio (DPR) is 482.76%.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Morgan Stanley lifted their target price on The Carlyle Group from $46.00 to $50.00 and gave the company an “equal weight” rating in a research note on Thursday, October 10th. Oppenheimer boosted their price objective on shares of The Carlyle Group from $78.00 to $85.00 and gave the stock an “outperform” rating in a research note on Monday, November 11th. StockNews.com downgraded shares of The Carlyle Group from a “hold” rating to a “sell” rating in a research note on Friday. JMP Securities reaffirmed a “market outperform” rating and set a $60.00 price target on shares of The Carlyle Group in a research report on Wednesday, October 9th. Finally, TD Cowen raised their price objective on The Carlyle Group from $43.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, November 8th. 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 stock. According to MarketBeat, The Carlyle Group currently has an average rating of “Hold” and a consensus target price of $53.33.

Insider Activity at The Carlyle Group

In other news, Director Daniel A. D’aniello sold 495,542 shares of the business’s 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 sale, the director now directly owns 32,504,102 shares in the company, valued at $1,674,936,376.06. The trade was a 1.50 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Carlyle Group Inc. sold 133,643 shares of the stock in a transaction that occurred on Monday, October 7th. The shares were sold at an average price of $2.51, for a total value of $335,443.93. Following the transaction, the insider now owns 4,767,697 shares in the company, valued at $11,966,919.47. This trade represents a 2.73 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 2,171,556 shares of company stock worth $29,222,475. 27.20% of the stock is owned by corporate insiders.

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.