Penserra Capital Management LLC raised its position in shares of The Carlyle Group L.P. (NASDAQ:CG) by 8.7% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,254 shares of the financial services provider’s stock after buying an additional 419 shares during the period. Penserra Capital Management LLC’s holdings in The Carlyle Group L.P. were worth $103,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Morgan Stanley boosted its position in The Carlyle Group L.P. by 0.8% in the first quarter. Morgan Stanley now owns 5,177,247 shares of the financial services provider’s stock worth $82,577,000 after buying an additional 41,531 shares in the last quarter. Coronation Fund Managers Ltd. boosted its position in The Carlyle Group L.P. by 39.3% in the first quarter. Coronation Fund Managers Ltd. now owns 1,326,395 shares of the financial services provider’s stock worth $21,156,000 after buying an additional 373,939 shares in the last quarter. Bank of America Corp DE boosted its position in The Carlyle Group L.P. by 8.6% in the first quarter. Bank of America Corp DE now owns 924,447 shares of the financial services provider’s stock worth $14,745,000 after buying an additional 73,319 shares in the last quarter. Markel Corp boosted its position in The Carlyle Group L.P. by 31.3% in the second quarter. Markel Corp now owns 692,000 shares of the financial services provider’s stock worth $13,667,000 after buying an additional 165,000 shares in the last quarter. Finally, LGT Capital Partners LTD. boosted its position in The Carlyle Group L.P. by 77.6% in the second quarter. LGT Capital Partners LTD. now owns 435,000 shares of the financial services provider’s stock worth $8,591,000 after buying an additional 190,000 shares in the last quarter. 40.64% of the stock is owned by institutional investors and hedge funds.

The Carlyle Group L.P. (CG) opened at 20.75 on Wednesday. The firm has a market capitalization of $1.89 billion, a price-to-earnings ratio of 48.59 and a beta of 1.83. The Carlyle Group L.P. has a 52-week low of $14.35 and a 52-week high of $22.12. The stock’s 50 day moving average price is $20.79 and its 200 day moving average price is $18.06.

The Carlyle Group L.P. (NASDAQ:CG) last announced its earnings results on Wednesday, August 2nd. The financial services provider reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.44 by $0.37. The Carlyle Group L.P. had a return on equity of 41.32% and a net margin of 4.13%. The firm had revenue of $908.40 million during the quarter, compared to analyst estimates of $696.36 million. During the same quarter in the prior year, the company earned $0.35 EPS. On average, equities analysts anticipate that The Carlyle Group L.P. will post $2.82 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which was paid on Monday, August 21st. Stockholders of record on Monday, August 14th were given a $0.42 dividend. The ex-dividend date was Thursday, August 10th. This represents a $1.68 annualized dividend and a dividend yield of 8.10%. This is a positive change from The Carlyle Group L.P.’s previous quarterly dividend of $0.10. The Carlyle Group L.P.’s dividend payout ratio is currently 128.24%.

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A number of research analysts recently issued reports on CG shares. Zacks Investment Research cut The Carlyle Group L.P. from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Jefferies Group LLC reissued a “hold” rating and set a $17.00 price objective on shares of The Carlyle Group L.P. in a report on Tuesday, May 2nd. Credit Suisse Group set a $21.00 price objective on The Carlyle Group L.P. and gave the stock a “hold” rating in a report on Thursday, May 4th. BidaskClub cut The Carlyle Group L.P. from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. Finally, Keefe, Bruyette & Woods reissued a “buy” rating and set a $25.00 price objective on shares of The Carlyle Group L.P. in a report on Wednesday, August 16th. Five analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the stock. The Carlyle Group L.P. presently has a consensus rating of “Buy” and an average price target of $22.78.

In other news, Director Edward J. Mathias sold 6,593 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $21.25, for a total value of $140,101.25. Following the completion of the transaction, the director now owns 34,114 shares of the company’s stock, valued at approximately $724,922.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Curtis L. Buser sold 20,968 shares of the stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $21.25, for a total value of $445,570.00. Following the completion of the transaction, the chief financial officer now directly owns 354,610 shares of the company’s stock, valued at approximately $7,535,462.50. The disclosure for this sale can be found here. Insiders sold a total of 62,013 shares of company stock valued at $1,317,776 in the last three months.

About The Carlyle Group L.P.

The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company operates in four segments: Corporate Private Equity (CPE), Real Assets, Global Market Strategies (GMS) and Investment Solutions. Corporate Private Equity advises its buyout and growth capital funds, which pursue various corporate investments of different sizes and growth potentials.

Institutional Ownership by Quarter for The Carlyle Group L.P. (NASDAQ:CG)

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