Wilmington Savings Fund Society FSB Raises Stock Position in The Carlyle Group Inc. (NASDAQ:CG)

Wilmington Savings Fund Society FSB boosted its stake in shares of The Carlyle Group Inc. (NASDAQ:CG) by 8,090.9% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 901 shares of the financial services provider’s stock after purchasing an additional 890 shares during the period. Wilmington Savings Fund Society FSB’s holdings in The Carlyle Group were worth $45,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CG. FMR LLC boosted its position in The Carlyle Group by 72.8% during the third quarter. FMR LLC now owns 4,051,757 shares of the financial services provider’s stock worth $174,469,000 after purchasing an additional 1,707,520 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its position in shares of The Carlyle Group by 22.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,107,301 shares of the financial services provider’s stock valued at $90,740,000 after buying an additional 391,553 shares in the last quarter. JPMorgan Chase & Co. grew its stake in The Carlyle Group by 68.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider’s stock valued at $82,651,000 after acquiring an additional 777,304 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in The Carlyle Group by 2.7% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,405,206 shares of the financial services provider’s stock worth $60,508,000 after acquiring an additional 36,549 shares during the period. Finally, Private Management Group Inc. lifted its holdings in The Carlyle Group by 16.8% during the third quarter. Private Management Group Inc. now owns 704,150 shares of the financial services provider’s stock valued at $30,321,000 after purchasing an additional 101,268 shares in the last quarter. 55.88% of the stock is owned by institutional investors and hedge funds.

The Carlyle Group Stock Up 2.2 %

CG stock opened at $51.03 on Friday. The firm has a market cap of $18.25 billion, a PE ratio of 175.97, a PEG ratio of 0.92 and a beta of 1.70. The Carlyle Group Inc. has a one year low of $36.65 and a one year high of $57.50. 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 firm’s 50 day moving average price is $52.71 and its 200-day moving average price is $48.28.

The Carlyle Group (NASDAQ:CG) last issued its quarterly earnings data on Monday, February 10th. The financial services provider reported $0.92 EPS 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%. On average, equities research analysts anticipate that The Carlyle Group Inc. will post 3.73 EPS for the current 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 dividend of $0.35 per share. The ex-dividend date is Friday, February 21st. This represents a $1.40 annualized dividend and a dividend yield of 2.74%. The Carlyle Group’s dividend payout ratio is presently 482.76%.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on CG shares. Barclays cut their target price on shares of The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a research note on Wednesday. Wells Fargo & Company reduced their target price on The Carlyle Group from $56.00 to $54.00 and set an “equal weight” rating for the company in a report on Wednesday. Evercore ISI lifted their price target on The Carlyle Group from $51.00 to $52.00 and gave the stock an “in-line” rating in a research note on Wednesday. UBS Group raised their price objective on The Carlyle Group from $43.00 to $54.00 and gave the company a “neutral” rating in a report on Tuesday, October 22nd. Finally, Keefe, Bruyette & Woods upped their target price on shares of The Carlyle Group from $51.00 to $55.00 and gave the stock a “market perform” rating in a report on Friday, November 8th. Nine analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, The Carlyle Group presently has a consensus rating of “Hold” and a consensus price target of $54.93.

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.