The Carlyle Group L.P. (NASDAQ:CG) – Analysts at Jefferies Group dropped their Q4 2017 earnings estimates for The Carlyle Group L.P. in a report released on Tuesday. Jefferies Group analyst G. O’hara now anticipates that the financial services provider will earn $0.34 per share for the quarter, down from their prior forecast of $0.43. Jefferies Group also issued estimates for The Carlyle Group L.P.’s Q1 2018 earnings at $0.56 EPS, Q2 2018 earnings at $0.59 EPS, Q3 2018 earnings at $0.64 EPS, Q4 2018 earnings at $0.69 EPS and FY2019 earnings at $3.07 EPS.

A number of other research firms have also recently commented on CG. BidaskClub raised shares of The Carlyle Group L.P. from a “hold” rating to a “buy” rating in a research report on Wednesday, August 2nd. Deutsche Bank AG raised their price target on shares of The Carlyle Group L.P. from $19.00 to $20.00 and gave the stock a “hold” rating in a report on Thursday, August 3rd. ValuEngine upgraded shares of The Carlyle Group L.P. from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 3rd. TheStreet upgraded shares of The Carlyle Group L.P. from a “d” rating to a “c-” rating in a research note on Wednesday, August 2nd. Finally, Morgan Stanley increased their price objective on shares of The Carlyle Group L.P. from $23.00 to $25.00 and gave the stock an “overweight” rating in a research note on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, four have issued a hold rating, six have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $24.78.

Shares of The Carlyle Group L.P. (NASDAQ CG) opened at $21.05 on Thursday. The Carlyle Group L.P. has a 52-week low of $14.85 and a 52-week high of $24.85. The firm has a market cap of $2,093.05, a P/E ratio of 8.63 and a beta of 1.84. The company has a debt-to-equity ratio of 2.23, a current ratio of 1.27 and a quick ratio of 1.23.

The Carlyle Group L.P. (NASDAQ:CG) last posted its earnings results on Tuesday, October 31st. The financial services provider reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.48 by $0.08. The Carlyle Group L.P. had a net margin of 5.43% and a return on equity of 43.32%. The firm had revenue of $639.90 million for the quarter, compared to the consensus estimate of $668.32 million. During the same period in the previous year, the firm posted $0.66 EPS.

A number of large investors have recently added to or reduced their stakes in the business. Bronfman E.L. Rothschild L.P. lifted its holdings in shares of The Carlyle Group L.P. by 2,205.9% during the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,096 shares of the financial services provider’s stock worth $101,000 after buying an additional 4,875 shares during the last quarter. Penserra Capital Management LLC increased its position in shares of The Carlyle Group L.P. by 8.7% during the second quarter. Penserra Capital Management LLC now owns 5,254 shares of the financial services provider’s stock valued at $103,000 after purchasing an additional 419 shares during the period. Stelac Advisory Services LLC bought a new stake in The Carlyle Group L.P. in the third quarter valued at $145,000. Pathstone Family Office LLC grew its position in The Carlyle Group L.P. by 1,660.0% in the second quarter. Pathstone Family Office LLC now owns 8,800 shares of the financial services provider’s stock valued at $173,000 after acquiring an additional 8,300 shares during the period. Finally, Winslow Evans & Crocker Inc. grew its position in The Carlyle Group L.P. by 950.1% in the third quarter. Winslow Evans & Crocker Inc. now owns 7,876 shares of the financial services provider’s stock valued at $186,000 after acquiring an additional 7,126 shares during the period. 37.16% of the stock is currently owned by institutional investors.

In other news, Director Edward J. Mathias sold 17,133 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were sold at an average price of $21.21, for a total transaction of $363,390.93. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

The firm also recently declared a quarterly dividend, which was paid on Thursday, November 16th. Investors of record on Friday, November 10th were issued a $0.56 dividend. This is a positive change from The Carlyle Group L.P.’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $2.24 annualized dividend and a yield of 10.64%. The Carlyle Group L.P.’s dividend payout ratio (DPR) is presently 127.27%.

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The Carlyle Group L.P. Company Profile

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.

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