4,620 Shares in Carlyle Group Inc. $CG Bought by Teza Capital Management LLC

Key Points

• Teza Capital Management LLC has acquired 4,620 shares of Carlyle Group Inc., valued at approximately $201,000, marking the firm's entry into Carlyle's investor base.
• In the fourth quarter, other institutional investors, including Deutsche Bank AG, have significantly increased their positions, indicating growing confidence in Carlyle Group.
• Carlyle Group's stock has a current market cap of $23.01 billion and recently announced a quarterly dividend of $0.35, representing an annualized yield of 2.2%.

Teza Capital Management LLC purchased a new position in Carlyle Group Inc. (NASDAQ:CG - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 4,620 shares of the financial services provider's stock, valued at approximately $201,000.

A number of other large investors also recently added to or reduced their stakes in CG. Bank Pictet & Cie Europe AG purchased a new position in Carlyle Group in the 4th quarter worth approximately $215,000. BNP Paribas Financial Markets purchased a new stake in shares of Carlyle Group during the 4th quarter worth approximately $4,227,000. Bank of America Corp DE raised its holdings in shares of Carlyle Group by 4.1% during the 4th quarter. Bank of America Corp DE now owns 764,394 shares of the financial services provider's stock worth $38,594,000 after acquiring an additional 30,386 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of Carlyle Group by 12.6% during the 4th quarter. Cetera Investment Advisers now owns 45,085 shares of the financial services provider's stock worth $2,276,000 after acquiring an additional 5,049 shares in the last quarter. Finally, Deutsche Bank AG raised its holdings in shares of Carlyle Group by 250.1% during the 4th quarter. Deutsche Bank AG now owns 1,041,816 shares of the financial services provider's stock worth $52,601,000 after acquiring an additional 744,238 shares in the last quarter. 55.88% of the stock is owned by hedge funds and other institutional investors.

Carlyle Group Stock Down 1.2%

Shares of CG traded down $0.80 during midday trading on Friday, reaching $66.60. 1,402,111 shares of the stock were exchanged, compared to its average volume of 2,412,145. Carlyle Group Inc. has a 52 week low of $33.02 and a 52 week high of $68.20. The company has a current ratio of 2.24, a quick ratio of 2.24 and a debt-to-equity ratio of 1.52. The company's 50 day moving average is $62.13 and its two-hundred day moving average is $50.11. The company has a market capitalization of $24.09 billion, a P/E ratio of 19.47, a PEG ratio of 1.23 and a beta of 2.01.

Carlyle Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 28th. Stockholders of record on Monday, August 18th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Monday, August 18th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.1%. Carlyle Group's dividend payout ratio is presently 40.94%.

Analysts Set New Price Targets

CG has been the topic of several recent research reports. Citigroup reaffirmed an "outperform" rating on shares of Carlyle Group in a report on Thursday, August 14th. Evercore ISI upped their price objective on Carlyle Group from $45.00 to $58.00 and gave the stock an "in-line" rating in a report on Thursday, July 10th. Jefferies Financial Group upped their price objective on Carlyle Group from $54.00 to $66.00 and gave the stock a "hold" rating in a report on Wednesday, August 13th. JMP Securities increased their price target on Carlyle Group from $70.00 to $75.00 and gave the company a "market outperform" rating in a report on Thursday, August 14th. Finally, Wells Fargo & Company upped their price objective on Carlyle Group from $49.00 to $61.00 and gave the company an "equal weight" rating in a research report on Friday, July 11th. Six analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $59.93.

Insider Activity

In other news, General Counsel Jeffrey W. Ferguson sold 202,606 shares of the stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $64.23, for a total transaction of $13,013,383.38. Following the transaction, the general counsel owned 753,255 shares of the company's stock, valued at approximately $48,381,568.65. This represents a 21.20% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 26.30% of the company's stock.

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.