13,225 Shares in Carlyle Group Inc. (NASDAQ:CG) Acquired by ASR Vermogensbeheer N.V.

Key Points

• ASR Vermogensbeheer N.V. acquired 13,225 shares of Carlyle Group Inc. valued at approximately $576,000 in the first quarter, indicating continued interest from institutional investors.
• The company's recent quarterly earnings showed $1.14 EPS, surpassing analysts' expectations of $0.97, and a revenue of $973.10 million, reflecting a 2% year-over-year increase.
• Carlyle Group announced a quarterly dividend of $0.35 per share, providing an annualized yield of 2.2% with a payout ratio of 40.94%.

ASR Vermogensbeheer N.V. bought a new position in shares of Carlyle Group Inc. (NASDAQ:CG - Free Report) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 13,225 shares of the financial services provider's stock, valued at approximately $576,000.

Several other institutional investors have also recently made changes to their positions in CG. Main Street Group LTD acquired a new stake in shares of Carlyle Group in the fourth quarter valued at about $29,000. Whipplewood Advisors LLC boosted its position in Carlyle Group by 5,100.0% during the first quarter. Whipplewood Advisors LLC now owns 572 shares of the financial services provider's stock worth $25,000 after acquiring an additional 561 shares during the last quarter. LRI Investments LLC acquired a new position in Carlyle Group in the 4th quarter valued at about $32,000. Private Trust Co. NA boosted its holdings in Carlyle Group by 101.9% in the 1st quarter. Private Trust Co. NA now owns 636 shares of the financial services provider's stock valued at $28,000 after purchasing an additional 321 shares during the last quarter. Finally, Johnson Financial Group Inc. acquired a new position in Carlyle Group in the 4th quarter valued at about $48,000. Hedge funds and other institutional investors own 55.88% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Cowen upgraded shares of Carlyle Group from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th. Keefe, Bruyette & Woods increased their price objective on shares of Carlyle Group from $43.00 to $45.00 and gave the company a "market perform" rating in a research report on Monday, May 12th. JMP Securities upped their target price on shares of Carlyle Group from $58.00 to $70.00 and gave the company a "market outperform" rating in a report on Monday, July 14th. TD Cowen upgraded shares of Carlyle Group from a "hold" rating to a "buy" rating and set a $56.00 target price for the company in a report on Wednesday, May 14th. Finally, Morgan Stanley decreased their price target on shares of Carlyle Group from $57.00 to $44.00 and set an "equal weight" rating for the company in a research note on Monday, April 14th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $58.40.

Carlyle Group Price Performance

Shares of CG traded up $0.17 during trading hours on Monday, reaching $62.40. The company had a trading volume of 2,367,204 shares, compared to its average volume of 2,623,889. The firm has a 50 day simple moving average of $54.61 and a 200-day simple moving average of $48.10. The company has a current ratio of 2.24, a quick ratio of 2.36 and a debt-to-equity ratio of 1.52. The company has a market capitalization of $22.54 billion, a price-to-earnings ratio of 18.25, a PEG ratio of 1.15 and a beta of 1.90. Carlyle Group Inc. has a 12-month low of $33.02 and a 12-month high of $64.09.

Carlyle Group (NASDAQ:CG - Get Free Report) last posted its earnings results on Friday, May 9th. The financial services provider reported $1.14 earnings per share for the quarter, beating the consensus estimate of $0.97 by $0.17. Carlyle Group had a net margin of 20.22% and a return on equity of 23.60%. The firm had revenue of $973.10 million during the quarter, compared to the consensus estimate of $972.27 million. During the same period last year, the firm posted $1.01 EPS. The firm's revenue for the quarter was up 2.0% on a year-over-year basis. Research analysts expect that Carlyle Group Inc. will post 4.48 earnings per share for the current year.

Carlyle Group Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, August 28th. Stockholders of record on Monday, August 18th will be issued a dividend of $0.35 per share. The ex-dividend date is Monday, August 18th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.2%. Carlyle Group's payout ratio is 40.94%.

Carlyle Group 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.