Quantbot Technologies LP Cuts Stock Position in The Carlyle Group Inc. (NASDAQ:CG)

Quantbot Technologies LP lowered its stake in The Carlyle Group Inc. (NASDAQ:CG) by 41.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 41,032 shares of the financial services provider’s stock after selling 29,532 shares during the period. Quantbot Technologies LP’s holdings in The Carlyle Group were worth $2,072,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Golden State Wealth Management LLC purchased a new stake in The Carlyle Group during the 4th quarter valued at $25,000. National Pension Service purchased a new stake in The Carlyle Group during the 4th quarter valued at $25,000. Valley National Advisers Inc. boosted its stake in The Carlyle Group by 149.3% during the 4th quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider’s stock valued at $27,000 after purchasing an additional 327 shares during the last quarter. Nisa Investment Advisors LLC boosted its stake in The Carlyle Group by 253.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 405 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new stake in The Carlyle Group during the 3rd quarter valued at $33,000. Hedge funds and other institutional investors own 55.88% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. Barclays lowered their price target on The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating on the stock in a report on Wednesday, February 12th. StockNews.com cut The Carlyle Group from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. Evercore ISI increased their price target on 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 raised The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price target on the stock in a report on Friday, January 3rd. Finally, Wells Fargo & Company lowered their price target on The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating on the stock in a report on Thursday. One analyst has rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $54.53.

The Carlyle Group Price Performance

NASDAQ:CG opened at $44.13 on Monday. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 1.42. The business’s 50-day simple moving average is $50.05 and its two-hundred day simple moving average is $49.31. The stock has a market cap of $15.94 billion, a PE ratio of 15.87, a P/E/G ratio of 0.98 and a beta of 1.73. The Carlyle Group Inc. has a 52 week low of $36.65 and a 52 week high of $57.50.

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

The Carlyle Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.35 per share. The ex-dividend date was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.17%. The Carlyle Group’s payout ratio is 50.36%.

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.