Carlyle Group Inc. (NASDAQ:CG) Holdings Lifted by Catalyst Capital Advisors LLC

Catalyst Capital Advisors LLC boosted its position in Carlyle Group Inc. (NASDAQ:CG - Free Report) by 83.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 11,000 shares of the financial services provider's stock after acquiring an additional 5,000 shares during the period. Catalyst Capital Advisors LLC's holdings in Carlyle Group were worth $479,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Main Street Group LTD acquired a new stake in shares of Carlyle Group in the fourth quarter worth approximately $29,000. Whipplewood Advisors LLC boosted its holdings in shares of Carlyle Group by 5,100.0% in the 1st quarter. Whipplewood Advisors LLC now owns 572 shares of the financial services provider's stock valued at $25,000 after purchasing an additional 561 shares during the last quarter. LRI Investments LLC purchased a new stake in shares of Carlyle Group during the 4th quarter valued at $32,000. Private Trust Co. NA increased its holdings in shares of Carlyle Group by 101.9% during the 1st quarter. Private Trust Co. NA now owns 636 shares of the financial services provider's stock worth $28,000 after buying an additional 321 shares during the last quarter. Finally, Oarsman Capital Inc. boosted its holdings in Carlyle Group by 198.4% in the fourth quarter. Oarsman Capital Inc. now owns 916 shares of the financial services provider's stock valued at $46,000 after acquiring an additional 609 shares during the last quarter. 55.88% of the stock is currently owned by institutional investors and hedge funds.

Carlyle Group Stock Up 2.1%

Carlyle Group stock traded up $1.14 during midday trading on Friday, hitting $55.59. The stock had a trading volume of 1,753,929 shares, compared to its average volume of 2,655,482. The company has a current ratio of 2.36, a quick ratio of 2.36 and a debt-to-equity ratio of 1.56. The business has a fifty day moving average price of $46.01 and a 200 day moving average price of $46.76. Carlyle Group Inc. has a 12 month low of $33.02 and a 12 month high of $57.50. The stock has a market cap of $20.08 billion, a P/E ratio of 18.84, a P/E/G ratio of 1.20 and a beta of 1.86.

Carlyle Group (NASDAQ:CG - Get Free Report) last announced its quarterly earnings data on Friday, May 9th. The financial services provider reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.17. Carlyle Group had a return on equity of 23.78% and a net margin of 19.00%. The firm had revenue of $973.10 million for the quarter, compared to analysts' expectations of $972.27 million. During the same period last year, the business posted $1.01 earnings per share. The firm's revenue for the quarter was up 2.0% on a year-over-year basis. Research analysts predict that Carlyle Group Inc. will post 4.48 EPS for the current year.

Carlyle Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 27th. Shareholders of record on Monday, May 19th were issued a $0.35 dividend. The ex-dividend date was Monday, May 19th. This represents a $1.40 dividend on an annualized basis and a yield of 2.52%. Carlyle Group's dividend payout ratio is currently 47.46%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on CG shares. Bank of America cut their price objective on Carlyle Group from $47.00 to $46.00 and set an "underperform" rating on the stock in a report on Friday, April 4th. Barclays lifted their price target on shares of Carlyle Group from $43.00 to $49.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Keefe, Bruyette & Woods increased their price objective on shares of Carlyle Group from $43.00 to $45.00 and gave the stock a "market perform" rating in a research report on Monday, May 12th. Wells Fargo & Company upped their price target on shares of Carlyle Group from $45.00 to $49.00 and gave the stock an "equal weight" rating in a research report on Friday, May 23rd. Finally, Morgan Stanley dropped their target price on Carlyle Group from $57.00 to $44.00 and set an "equal weight" rating on the stock in a report on Monday, April 14th. Two 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 stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $53.00.

About 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.