11,765 Shares in The Carlyle Group Inc. (NASDAQ:CG) Bought by iSAM Funds UK Ltd

iSAM Funds UK Ltd purchased a new position in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 11,765 shares of the financial services provider's stock, valued at approximately $594,000.

A number of other hedge funds have also recently added to or reduced their stakes in CG. National Pension Service acquired a new position in The Carlyle Group during the fourth quarter worth $25,000. Golden State Wealth Management LLC acquired a new position in The Carlyle Group during the fourth quarter worth $25,000. Valley National Advisers Inc. raised its position 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 buying an additional 327 shares during the last quarter. Nisa Investment Advisors LLC raised its position 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 buying an additional 405 shares during the last quarter. Finally, Main Street Group LTD acquired a new stake in shares of The Carlyle Group in the fourth quarter valued at about $29,000. 55.88% of the stock is owned by hedge funds and other institutional investors.

The Carlyle Group Trading Up 1.0%

NASDAQ CG opened at $47.90 on Tuesday. The firm has a 50 day simple moving average of $40.85 and a 200-day simple moving average of $47.81. 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 Inc. has a one year low of $33.02 and a one year high of $57.50. The firm has a market cap of $17.30 billion, a price-to-earnings ratio of 17.23, a PEG ratio of 0.98 and a beta of 1.85.

The Carlyle Group (NASDAQ:CG - Get Free Report) last posted its quarterly earnings data on Friday, May 9th. The financial services provider reported $1.14 EPS for the quarter, beating the consensus estimate of $0.97 by $0.17. The Carlyle Group had a net margin of 18.81% and a return on equity of 24.02%. The business had revenue of $973.10 million during the quarter, compared to analyst estimates of $972.27 million. During the same quarter last year, the firm posted $1.01 earnings per share. The business's revenue for the quarter was up 2.0% compared to the same quarter last year. Equities research analysts anticipate that The Carlyle Group Inc. will post 4.48 EPS for the current fiscal year.

The Carlyle Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 19th will be issued a $0.35 dividend. The ex-dividend date is Monday, May 19th. This represents a $1.40 annualized dividend and a yield of 2.92%. The Carlyle Group's dividend payout ratio (DPR) is 47.46%.

Wall Street Analysts Forecast Growth

CG has been the subject of a number of recent research reports. Bank of America reduced their target price on shares of The Carlyle Group from $47.00 to $46.00 and set an "underperform" rating for the company in a research report on Friday, April 4th. StockNews.com cut shares of The Carlyle Group from a "hold" rating to a "sell" rating in a research report on Thursday, February 20th. Evercore ISI raised their price objective on shares of The Carlyle Group from $51.00 to $52.00 and gave the stock an "in-line" rating in a research report on Wednesday, February 12th. TD Cowen upgraded shares of The Carlyle Group from a "hold" rating to a "buy" rating and set a $56.00 price objective for the company in a research report on Wednesday, May 14th. Finally, JMP Securities cut their price objective on shares of The Carlyle Group from $62.00 to $58.00 and set a "market outperform" rating for the company in a research report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $52.33.

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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