Brown Advisory Inc. Lowers Stake in The Carlyle Group Inc. (NASDAQ:CG)

Brown Advisory Inc. lessened its position in The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 31.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 882,176 shares of the financial services provider's stock after selling 412,493 shares during the quarter. Brown Advisory Inc. owned 0.25% of The Carlyle Group worth $44,541,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in CG. Arizona State Retirement System lifted its stake in The Carlyle Group by 0.3% in the fourth quarter. Arizona State Retirement System now owns 67,239 shares of the financial services provider's stock worth $3,395,000 after purchasing an additional 220 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. lifted its stake in shares of The Carlyle Group by 0.3% in the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 80,820 shares of the financial services provider's stock valued at $4,081,000 after acquiring an additional 225 shares during the last quarter. Aviva PLC grew its position in The Carlyle Group by 1.3% during the 4th quarter. Aviva PLC now owns 17,408 shares of the financial services provider's stock worth $879,000 after acquiring an additional 227 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in The Carlyle Group by 0.6% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 46,607 shares of the financial services provider's stock worth $2,353,000 after purchasing an additional 258 shares during the period. Finally, O ROURKE & COMPANY Inc lifted its position in The Carlyle Group by 1.5% in the fourth quarter. O ROURKE & COMPANY Inc now owns 17,990 shares of the financial services provider's stock valued at $908,000 after purchasing an additional 266 shares during the last quarter. Hedge funds and other institutional investors own 55.88% of the company's stock.

Analysts Set New Price Targets

Several brokerages recently commented on CG. Wells Fargo & Company decreased their target price on shares of The Carlyle Group from $48.00 to $39.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. Oppenheimer lowered shares of The Carlyle Group from an "outperform" rating to a "market perform" rating in a report on Wednesday, March 19th. Barclays reduced their price target on The Carlyle Group from $55.00 to $43.00 and set an "overweight" rating on the stock in a report on Monday, April 7th. StockNews.com lowered The Carlyle Group from a "hold" rating to a "sell" rating in a research report on Thursday, February 20th. Finally, TD Cowen decreased their target price on The Carlyle Group from $54.00 to $37.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $50.88.

The Carlyle Group Stock Performance

Shares of CG opened at $40.50 on Tuesday. The business's 50 day moving average price is $40.92 and its 200-day moving average price is $48.23. The stock has a market cap of $14.62 billion, a P/E ratio of 14.57, a P/E/G ratio of 0.98 and a beta of 1.72. The Carlyle Group Inc. has a 52 week low of $33.02 and a 52 week high of $57.50. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 1.42.

The Carlyle Group (NASDAQ:CG - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. Equities research analysts anticipate that The Carlyle Group Inc. will post 4.48 earnings per share 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. Investors of record on Friday, February 21st were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group's dividend payout ratio (DPR) 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.

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