GFG Capital LLC Has $2.33 Million Stock Holdings in The Carlyle Group Inc. (NASDAQ:CG)

GFG Capital LLC lessened its holdings in The Carlyle Group Inc. (NASDAQ:CG) by 0.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,185 shares of the financial services provider’s stock after selling 357 shares during the period. GFG Capital LLC’s holdings in The Carlyle Group were worth $2,332,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new stake in shares of The Carlyle Group in the fourth quarter valued at approximately $25,000. Valley National Advisers Inc. increased its holdings in shares of 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 purchasing an additional 327 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of The Carlyle Group by 253.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 405 shares in the last quarter. Brooklyn Investment Group acquired a new stake in shares of The Carlyle Group in the third quarter valued at approximately $33,000. Finally, Wilmington Savings Fund Society FSB boosted its stake in The Carlyle Group by 8,090.9% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 901 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 890 shares during the last quarter. Institutional investors and hedge funds own 55.88% of the company’s stock.

Analyst Ratings Changes

CG has been the topic of a number of recent research reports. UBS Group raised their price objective on shares of The Carlyle Group from $43.00 to $54.00 and gave the company a “neutral” rating in a research note on Tuesday, October 22nd. Wells Fargo & Company decreased their price target on shares of The Carlyle Group from $56.00 to $54.00 and set an “equal weight” rating for the company in a report on Wednesday. Wolfe Research raised shares of The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price target for the company in a report on Friday, January 3rd. Evercore ISI boosted their price target on shares of The Carlyle Group from $51.00 to $52.00 and gave the company an “in-line” rating in a report on Wednesday. Finally, Barclays decreased their price target on shares of The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a report on Wednesday. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $54.93.

The Carlyle Group Stock Up 2.2 %

The Carlyle Group stock opened at $51.03 on Friday. The Carlyle Group Inc. has a fifty-two week low of $36.65 and a fifty-two week high of $57.50. The stock has a market cap of $18.25 billion, a PE ratio of 175.97, a price-to-earnings-growth ratio of 0.92 and a beta of 1.70. The firm’s 50-day simple moving average is $52.71 and its 200 day simple moving average is $48.28. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.32 and a current ratio of 2.32.

The Carlyle Group (NASDAQ:CG) last released its quarterly earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.91% and a net margin of 2.21%. Research analysts predict that The Carlyle Group Inc. will post 3.73 EPS for the current fiscal year.

The Carlyle Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 2.74%. The ex-dividend date is Friday, February 21st. The Carlyle Group’s dividend payout ratio (DPR) is currently 482.76%.

The Carlyle Group Company Profile

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.