Bfsg LLC Has $319,000 Stock Holdings in The Carlyle Group Inc. (NASDAQ:CG)

Bfsg LLC cut its position in shares of The Carlyle Group Inc. (NASDAQ:CG) by 6.7% during the 4th quarter, Holdings Channel reports. The firm owned 6,312 shares of the financial services provider’s stock after selling 450 shares during the quarter. Bfsg LLC’s holdings in The Carlyle Group were worth $319,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of CG. Westbourne Investment Advisors Inc. grew its stake in The Carlyle Group by 3.6% in the 3rd quarter. Westbourne Investment Advisors Inc. now owns 5,700 shares of the financial services provider’s stock valued at $245,000 after buying an additional 200 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. grew its stake in The Carlyle Group by 0.3% in the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 80,820 shares of the financial services provider’s stock valued at $4,081,000 after buying an additional 225 shares during the last quarter. DMC Group LLC grew its stake in The Carlyle Group by 4.3% in the 4th quarter. DMC Group LLC now owns 6,932 shares of the financial services provider’s stock valued at $350,000 after buying an additional 283 shares during the last quarter. Louisiana State Employees Retirement System grew its stake in The Carlyle Group by 0.5% in the 4th quarter. Louisiana State Employees Retirement System now owns 58,600 shares of the financial services provider’s stock valued at $2,959,000 after buying an additional 300 shares during the last quarter. Finally, Western Pacific Wealth Management LP grew its stake in The Carlyle Group by 10.6% in the 3rd quarter. Western Pacific Wealth Management LP now owns 3,284 shares of the financial services provider’s stock valued at $141,000 after buying an additional 314 shares during the last quarter. 55.88% of the stock is currently owned by institutional investors and hedge funds.

The Carlyle Group Price Performance

CG stock opened at $53.45 on Wednesday. The company has a 50 day simple moving average of $52.69 and a 200 day simple moving average of $48.39. The stock has a market cap of $19.12 billion, a price-to-earnings ratio of 184.31, a P/E/G ratio of 0.92 and a beta of 1.70. The Carlyle Group Inc. has a 1 year low of $36.65 and a 1 year high of $57.50. The company has a debt-to-equity ratio of 1.38, a current ratio of 2.32 and a quick ratio of 2.32.

The Carlyle Group (NASDAQ:CG) last released its quarterly earnings data 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 24.91% and a net margin of 2.21%. Research analysts anticipate that The Carlyle Group Inc. will post 3.73 EPS for the current fiscal year.

The Carlyle Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.62%. The ex-dividend date of this dividend is Friday, February 21st. The Carlyle Group’s dividend payout ratio is 482.76%.

Analysts Set New Price Targets

A number of analysts have issued reports on CG shares. Wells Fargo & Company cut their price objective on shares of The Carlyle Group from $56.00 to $54.00 and set an “equal weight” rating for the company in a report on Wednesday, February 12th. JPMorgan Chase & Co. boosted their price objective on shares of The Carlyle Group from $44.00 to $50.00 and gave the company a “neutral” rating in a report on Wednesday, October 23rd. Wolfe Research raised 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. Barclays cut their price objective on shares of The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. Finally, Keefe, Bruyette & Woods boosted their price objective 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. Nine analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $54.93.

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.