EntryPoint Capital LLC Acquires 5,705 Shares of The Carlyle Group Inc. (NASDAQ:CG)

EntryPoint Capital LLC grew its stake in shares of The Carlyle Group Inc. (NASDAQ:CG) by 42.7% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,059 shares of the financial services provider’s stock after acquiring an additional 5,705 shares during the period. The Carlyle Group comprises approximately 0.4% of EntryPoint Capital LLC’s holdings, making the stock its 4th biggest position. EntryPoint Capital LLC’s holdings in The Carlyle Group were worth $962,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of CG. Golden State Wealth Management LLC bought a new position in shares of The Carlyle Group in the 4th quarter worth about $25,000. National Pension Service bought a new position in The Carlyle Group in the fourth quarter worth about $25,000. Valley National Advisers Inc. boosted its stake in The Carlyle Group by 149.3% in the fourth quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider’s stock valued at $27,000 after acquiring an additional 327 shares during the period. Nisa Investment Advisors LLC raised its position in shares of The Carlyle Group by 253.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 405 shares during the period. Finally, Brooklyn Investment Group bought a new stake in shares of The Carlyle Group in the 3rd quarter worth approximately $33,000. 55.88% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of research firms have issued reports on CG. Wells Fargo & Company cut their target price on The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 20th. Evercore ISI boosted their target price on shares of The Carlyle Group from $51.00 to $52.00 and gave the company an “in-line” rating in a research note on Wednesday, February 12th. StockNews.com lowered shares of The Carlyle Group from a “hold” rating to a “sell” rating in a research note on Thursday, February 20th. Oppenheimer lowered The Carlyle Group from an “outperform” rating to a “market perform” rating in a report on Wednesday, March 19th. Finally, Wolfe Research upgraded The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price target for the company in a research report on Friday, January 3rd. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $54.53.

The Carlyle Group Trading Up 4.8 %

The Carlyle Group stock opened at $46.24 on Tuesday. The Carlyle Group Inc. has a 1 year low of $36.65 and a 1 year high of $57.50. The firm’s 50 day moving average price is $49.96 and its two-hundred day moving average price is $49.37. The firm has a market cap of $16.70 billion, a price-to-earnings ratio of 16.63, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73. The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.32 and a current ratio of 2.32.

The Carlyle Group (NASDAQ:CG) last announced its earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. On average, research analysts predict that The Carlyle Group Inc. will post 4.48 EPS for the current fiscal year.

The Carlyle Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.35 per share. The ex-dividend date was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.03%. The Carlyle Group’s dividend payout ratio is currently 50.36%.

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.