Stephens Inc. AR Grows Stock Holdings in Carlyle Group Inc. $CG

Stephens Inc. AR grew its stake in Carlyle Group Inc. (NASDAQ:CG) by 13.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 101,542 shares of the financial services provider’s stock after purchasing an additional 12,148 shares during the period. Stephens Inc. AR’s holdings in Carlyle Group were worth $4,914,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in shares of 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 acquiring an additional 934,237 shares during the last quarter. Morgan Stanley boosted its position in shares of 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 acquiring an additional 84,228 shares during the last quarter. State Street Corp increased its position in Carlyle Group by 20.9% during the third quarter. State Street Corp now owns 9,942,135 shares of the financial services provider’s stock worth $623,372,000 after purchasing an additional 1,720,483 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in 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 worth $457,233,000 after purchasing an additional 117,223 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Carlyle Group by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 4,999,880 shares of the financial services provider’s stock valued at $294,817,000 after purchasing an additional 79,134 shares during the last quarter. Hedge funds and other institutional investors own 55.88% of the company’s stock.

Carlyle Group Price Performance

Carlyle Group stock opened at $44.01 on Wednesday. The company’s 50 day moving average is $45.56 and its two-hundred day moving average is $51.50. The firm has a market cap of $15.84 billion, a PE ratio of 30.14, a price-to-earnings-growth ratio of 1.53 and a beta of 1.84. The company has a quick ratio of 2.55, a current ratio of 2.55 and a debt-to-equity ratio of 1.92. Carlyle Group Inc. has a 52-week low of $39.60 and a 52-week high of $69.85.

Carlyle Group (NASDAQ:CG) last announced its quarterly earnings data on Wednesday, May 6th. The financial services provider reported $0.89 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.02). Carlyle Group had a net margin of 13.46% and a return on equity of 20.95%. The company had revenue of $750.90 million during the quarter, compared to analyst estimates of $1.01 billion. During the same quarter in the previous year, the business posted $1.14 earnings per share. The firm’s revenue was down 28.0% on a year-over-year basis. On average, research analysts expect that Carlyle Group Inc. will post 3.98 EPS for the current fiscal year.

Carlyle Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 28th. Shareholders of record on Monday, May 18th were paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.2%. The ex-dividend date was Monday, May 18th. Carlyle Group’s dividend payout ratio is currently 95.89%.

Analysts Set New Price Targets

Several analysts have recently commented on CG shares. TD Cowen reduced their price target on shares of Carlyle Group from $53.00 to $50.00 and set a “hold” rating on the stock in a research report on Monday, May 18th. Morgan Stanley lowered their price objective on Carlyle Group from $71.00 to $66.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 21st. Barclays reduced their target price on Carlyle Group from $67.00 to $63.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Royal Bank Of Canada cut Carlyle Group from an “outperform” rating to a “sector perform” rating and set a $58.00 price target for the company. in a report on Monday, May 11th. Finally, The Goldman Sachs Group reduced their price objective on shares of Carlyle Group from $81.00 to $69.00 and set a “buy” rating on the stock in a report on Tuesday, April 7th. Seven equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $62.00.

Carlyle Group Company Profile

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.