Carlyle Group (NASDAQ:CG) Price Target Lowered to $63.00 at Barclays

Carlyle Group (NASDAQ:CG) had its price objective dropped by investment analysts at Barclays from $67.00 to $63.00 in a research note issued on Friday,Benzinga reports. The firm presently has an “overweight” rating on the financial services provider’s stock. Barclays‘s price target indicates a potential upside of 25.98% from the stock’s previous close.

Several other research firms have also recently commented on CG. Royal Bank Of Canada started coverage on shares of Carlyle Group in a research report on Monday, February 23rd. They issued an “outperform” rating and a $67.00 target price for the company. Morgan Stanley decreased their price target on shares of Carlyle Group from $71.00 to $66.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 21st. Evercore set a $56.00 price objective on Carlyle Group in a research report on Tuesday, April 21st. Wall Street Zen upgraded Carlyle Group from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, BMO Capital Markets decreased their price objective on Carlyle Group from $65.00 to $58.00 and set an “outperform” rating for the company in a report on Tuesday, March 24th. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Carlyle Group presently has a consensus rating of “Hold” and a consensus target price of $63.00.

Carlyle Group Trading Up 2.0%

Shares of NASDAQ CG traded up $1.00 during trading hours on Friday, hitting $50.01. The company’s stock had a trading volume of 2,107,445 shares, compared to its average volume of 3,229,897. Carlyle Group has a 12 month low of $41.52 and a 12 month high of $69.85. The stock has a market cap of $18.06 billion, a price-to-earnings ratio of 22.96, a P/E/G ratio of 1.12 and a beta of 1.89. The company has a debt-to-equity ratio of 1.90, a quick ratio of 2.33 and a current ratio of 2.33. The business has a 50-day simple moving average of $48.97 and a 200-day simple moving average of $54.56.

Carlyle Group (NASDAQ:CG) last released its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.89 earnings per share for the quarter, missing the consensus estimate of $0.91 by ($0.02). Carlyle Group had a return on equity of 23.62% and a net margin of 16.92%.The business had revenue of $750.90 million during the quarter, compared to analysts’ expectations of $1.01 billion. During the same quarter last year, the business posted $1.14 EPS. The company’s quarterly revenue was down 28.0% compared to the same quarter last year. On average, analysts anticipate that Carlyle Group will post 4.3 earnings per share for the current fiscal year.

Insider Activity at Carlyle Group

In related news, Director David M. Rubenstein sold 500,000 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $46.68, for a total value of $23,340,000.00. Following the sale, the director owned 27,399,644 shares in the company, valued at $1,279,015,381.92. This represents a 1.79% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 26.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Carlyle Group

Several hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in Carlyle Group by 3.7% in the 4th quarter. Vanguard Group Inc. now owns 26,368,246 shares of the financial services provider’s stock worth $1,558,627,000 after purchasing an additional 934,237 shares in the last quarter. Morgan Stanley increased its stake in Carlyle Group by 0.8% during the 4th quarter. Morgan Stanley now owns 10,189,948 shares of the financial services provider’s stock valued at $602,328,000 after purchasing an additional 84,228 shares in the last quarter. State Street Corp lifted its stake in shares of Carlyle Group by 20.9% in the third quarter. State Street Corp now owns 9,942,135 shares of the financial services provider’s stock worth $623,372,000 after buying an additional 1,720,483 shares in the last quarter. Massachusetts Financial Services Co. MA grew its holdings in shares of Carlyle Group by 1.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 7,735,298 shares of the financial services provider’s stock valued at $457,233,000 after buying an additional 117,223 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Carlyle Group by 1.6% during the fourth quarter. Geode Capital Management LLC now owns 4,999,880 shares of the financial services provider’s stock valued at $294,817,000 after acquiring an additional 79,134 shares in the last quarter. 55.88% of the stock is owned by institutional investors.

Carlyle Group News Roundup

Here are the key news stories impacting Carlyle Group this week:

• Positive Sentiment: Carlyle is expanding into AI-driven healthcare revenue-cycle-management, a strategic move to build fee-bearing platform businesses and recurring revenue beyond traditional PE carry. Read More.
• Positive Sentiment: Carlyle teamed with Diversified Energy on a $1.2bn ABS-funded Anadarko oil & gas acquisition, showing the firm is using creative financing to back new deals and its Global Credit platform is active. Read More.
• Positive Sentiment: Management highlights record investment capacity — roughly $96 billion of dry powder — and continued fundraising momentum, which supports future deployment, fee growth and potential long‑term carry. Read More.
• Neutral Sentiment: Q1 headline: EPS modestly missed consensus ($0.89 vs. $0.91) and reported revenue missed estimates; slides and the earnings call provide detail on distributable earnings drivers for investors to review. Read More.
• Negative Sentiment: Large investment losses materially hurt results: reports cite roughly a $617 million investment loss that drove first‑quarter revenue and investment income sharply lower, prompting the stock to dip on the print. Read More.
• Negative Sentiment: On some measures total revenue plunged versus year‑ago (reported drops cited up to ~74% in coverage) and the firm swung to a loss for the quarter, reflecting volatility in investment income that pressures near‑term distributable earnings. Read More.

About Carlyle Group

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager that invests across a range of strategies including private equity, real assets (such as real estate and infrastructure), global credit, and investment solutions. Founded in 1987 and headquartered in Washington, DC, Carlyle raises and manages investment funds that acquire, operate and exit companies and assets on behalf of institutional and private investors. The firm is publicly traded on the Nasdaq exchange and operates as an asset manager and investment advisor rather than as an operating company.

Carlyle’s core activities include sourcing and executing private equity buyouts and growth investments, originating and managing credit and financing solutions, and acquiring and operating real asset portfolios.