103,313 Shares in The Carlyle Group Inc. (NASDAQ:CG) Bought by Yousif Capital Management LLC

Yousif Capital Management LLC bought a new position in shares of The Carlyle Group Inc. (NASDAQ:CG) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 103,313 shares of the financial services provider’s stock, valued at approximately $4,204,000.

Several other large investors have also added to or reduced their stakes in CG. William Blair Investment Management LLC lifted its stake in The Carlyle Group by 65.9% in the third quarter. William Blair Investment Management LLC now owns 8,877,428 shares of the financial services provider’s stock valued at $267,743,000 after acquiring an additional 3,524,794 shares during the last quarter. SeaTown Holdings Pte. Ltd. acquired a new stake in The Carlyle Group in the third quarter valued at $29,949,000. Ariel Investments LLC lifted its stake in The Carlyle Group by 16.9% in the third quarter. Ariel Investments LLC now owns 6,364,528 shares of the financial services provider’s stock valued at $191,954,000 after acquiring an additional 918,114 shares during the last quarter. Wafra Inc. lifted its stake in The Carlyle Group by 295.8% in the third quarter. Wafra Inc. now owns 942,083 shares of the financial services provider’s stock valued at $28,413,000 after acquiring an additional 704,036 shares during the last quarter. Finally, Mizuho Markets Americas LLC acquired a new stake in shares of The Carlyle Group during the 3rd quarter worth about $16,678,000. Institutional investors and hedge funds own 55.88% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on CG shares. JPMorgan Chase & Co. raised their target price on shares of The Carlyle Group from $39.00 to $45.00 and gave the stock an “overweight” rating in a research note on Thursday, February 8th. UBS Group raised their target price on shares of The Carlyle Group from $46.00 to $50.00 and gave the stock a “neutral” rating in a research note on Friday, April 12th. TheStreet cut shares of The Carlyle Group from a “b-” rating to a “c” rating in a research note on Wednesday, February 7th. Morgan Stanley raised their target price on shares of The Carlyle Group from $34.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 24th. Finally, JMP Securities raised their price target on shares of The Carlyle Group from $52.00 to $58.00 and gave the stock a “market outperform” rating in a research report on Thursday, February 8th. One analyst has rated the stock with a sell rating, six have issued a hold rating and six have given a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $43.07.

Insider Activity at The Carlyle Group

In related news, major shareholder Carlyle Group Inc. purchased 190,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 8th. The shares were bought at an average cost of $12.95 per share, with a total value of $2,460,500.00. Following the acquisition, the insider now owns 1,066,189 shares of the company’s stock, valued at approximately $13,807,147.55. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 27.00% of the stock is currently owned by insiders.

The Carlyle Group Stock Up 1.1 %

CG stock opened at $46.11 on Friday. The company has a debt-to-equity ratio of 1.52, a current ratio of 2.27 and a quick ratio of 2.27. The Carlyle Group Inc. has a 12 month low of $25.20 and a 12 month high of $48.52. The company’s 50-day moving average price is $45.94 and its two-hundred day moving average price is $39.57.

The Carlyle Group (NASDAQ:CG) last released its earnings results on Wednesday, February 7th. The financial services provider reported $0.86 EPS for the quarter, beating the consensus estimate of $0.78 by $0.08. The Carlyle Group had a negative net margin of 20.53% and a positive return on equity of 19.74%. The firm had revenue of $896.40 million for the quarter, compared to analyst estimates of $860.68 million. During the same period last year, the firm earned $1.01 EPS. The business’s quarterly revenue was down 15.4% compared to the same quarter last year. On average, analysts predict that The Carlyle Group Inc. will post 3.97 EPS for the current year.

The Carlyle Group Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Shareholders of record on Friday, February 23rd were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.04%. The ex-dividend date of this dividend was Thursday, February 22nd. The Carlyle Group’s dividend payout ratio is currently -82.84%.

About The Carlyle Group

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.