Universal Beteiligungs und Servicegesellschaft mbH Takes $6.21 Million Position in Carlyle Group Inc. (NASDAQ:CG)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH made a new investment of approximately $6.21 million in Carlyle Group Inc., acquiring 142,437 shares in the first quarter.
• Carlyle Group reported earnings per share (EPS) of $1.14 for the last quarter, exceeding analysts' expectations of $0.97, with a net margin of 19% and revenue of $973.10 million.
• Institutional investors currently hold 55.88% of Carlyle Group's stock, indicating significant institutional interest in the company.

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in shares of Carlyle Group Inc. (NASDAQ:CG - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 142,437 shares of the financial services provider's stock, valued at approximately $6,209,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Aviva PLC raised its stake in shares of Carlyle Group by 1.3% in the fourth quarter. Aviva PLC now owns 17,408 shares of the financial services provider's stock valued at $879,000 after acquiring an additional 227 shares during the period. O ROURKE & COMPANY Inc raised its position in Carlyle Group by 1.5% in the 4th quarter. O ROURKE & COMPANY Inc now owns 17,990 shares of the financial services provider's stock worth $908,000 after purchasing an additional 266 shares during the period. Tidal Investments LLC lifted its stake in Carlyle Group by 6.2% in the fourth quarter. Tidal Investments LLC now owns 5,219 shares of the financial services provider's stock worth $264,000 after purchasing an additional 306 shares during the last quarter. Dynamic Advisor Solutions LLC boosted its position in shares of Carlyle Group by 6.5% during the first quarter. Dynamic Advisor Solutions LLC now owns 5,147 shares of the financial services provider's stock valued at $224,000 after buying an additional 314 shares during the period. Finally, Private Trust Co. NA raised its holdings in shares of Carlyle Group by 101.9% in the first 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 period. 55.88% of the stock is owned by hedge funds and other institutional investors.

Carlyle Group Price Performance

Shares of CG stock traded down $0.50 during trading hours on Monday, reaching $62.95. The company had a trading volume of 2,088,548 shares, compared to its average volume of 2,852,164. Carlyle Group Inc. has a 12-month low of $33.02 and a 12-month high of $63.74. The company has a debt-to-equity ratio of 1.56, a quick ratio of 2.36 and a current ratio of 2.36. The company has a market capitalization of $22.73 billion, a price-to-earnings ratio of 21.34, a PEG ratio of 1.23 and a beta of 1.86. The stock has a fifty day moving average of $51.06 and a 200-day moving average of $47.55.

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 (EPS) for the quarter, topping the consensus estimate of $0.97 by $0.17. The company had revenue of $973.10 million during the quarter, compared to analysts' expectations of $972.27 million. Carlyle Group had a return on equity of 23.78% and a net margin of 19.00%. The firm's quarterly revenue was up 2.0% compared to the same quarter last year. During the same quarter last year, the firm earned $1.01 earnings per share. On average, equities analysts anticipate that Carlyle Group Inc. will post 4.48 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CG shares. Evercore ISI increased their price target on Carlyle Group from $45.00 to $58.00 and gave the stock an "in-line" rating in a research report on Thursday, July 10th. Bank of America reduced their price target on shares of Carlyle Group from $47.00 to $46.00 and set an "underperform" rating for the company in a report on Friday, April 4th. JMP Securities boosted their price objective on shares of Carlyle Group from $58.00 to $70.00 and gave the stock a "market outperform" rating in a research note on Monday, July 14th. Citigroup upgraded Carlyle Group from a "neutral" rating to a "buy" rating and lifted their price target for the company from $44.00 to $65.00 in a report on Thursday, July 10th. Finally, Barclays reiterated an "overweight" rating and issued a $64.00 target price (up previously from $49.00) on shares of Carlyle Group in a research note on Thursday, July 10th. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $57.73.

Carlyle Group Company 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.