Trexquant Investment LP Has $6.21 Million Holdings in The Carlyle Group Inc. (NASDAQ:CG)

Trexquant Investment LP reduced its stake in The Carlyle Group Inc. (NASDAQ:CG) by 16.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 123,036 shares of the financial services provider’s stock after selling 24,613 shares during the quarter. Trexquant Investment LP’s holdings in The Carlyle Group were worth $6,212,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in CG. William Blair Investment Management LLC lifted its position in shares of The Carlyle Group by 15.5% in the fourth quarter. William Blair Investment Management LLC now owns 13,249,941 shares of the financial services provider’s stock worth $668,990,000 after purchasing an additional 1,773,465 shares in the last quarter. Raymond James Financial Inc. bought a new stake in The Carlyle Group during the 4th quarter worth about $83,784,000. Norges Bank acquired a new position in shares of The Carlyle Group during the 4th quarter worth about $44,532,000. JPMorgan Chase & Co. increased its position in shares of The Carlyle Group by 68.1% in the third quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider’s stock valued at $82,651,000 after acquiring an additional 777,304 shares during the last quarter. Finally, Amundi raised its holdings in The Carlyle Group by 33.6% during the fourth quarter. Amundi now owns 2,364,231 shares of the financial services provider’s stock worth $123,673,000 after acquiring an additional 594,661 shares in the last quarter. 55.88% of the stock is owned by institutional investors and hedge funds.

The Carlyle Group Trading Down 7.3 %

Shares of NASDAQ:CG opened at $35.89 on Friday. The company has a market capitalization of $12.96 billion, a P/E ratio of 12.91, a P/E/G ratio of 0.98 and a beta of 1.73. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.32 and a quick ratio of 2.32. The business’s 50 day simple moving average is $47.81 and its 200 day simple moving average is $49.51. The Carlyle Group Inc. has a 1 year low of $33.02 and a 1 year high of $57.50.

The Carlyle Group (NASDAQ:CG) last issued its quarterly earnings results on Monday, February 10th. The financial services provider reported $0.92 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, research analysts anticipate 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. Shareholders of record on Friday, February 21st were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.40 annualized dividend and a yield of 3.90%. The Carlyle Group’s dividend payout ratio is currently 50.36%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Barclays dropped their price objective on The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating on the stock in a research note on Wednesday, February 12th. Wells Fargo & Company cut their price target on shares of The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating for the company in a research note on Thursday, March 20th. StockNews.com lowered shares of The Carlyle Group from a “hold” rating to a “sell” rating in a research note on Thursday, February 20th. Bank of America reduced their price target on The Carlyle Group from $47.00 to $46.00 and set an “underperform” rating for the company in a report on Friday. Finally, Wolfe Research upgraded The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price objective on the stock in a research note on Friday, January 3rd. Two analysts have rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $54.00.

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.