The Carlyle Group Inc. (NASDAQ:CG) Stock Holdings Boosted by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. lifted its position in The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 5,484.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 270,612 shares of the financial services provider's stock after acquiring an additional 265,766 shares during the quarter. Jefferies Financial Group Inc. owned 0.08% of The Carlyle Group worth $13,663,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Focus Partners Wealth purchased a new stake in shares of The Carlyle Group during the fourth quarter worth about $215,000. Frontier Capital Management Co. LLC grew its stake in shares of The Carlyle Group by 98.8% during the fourth quarter. Frontier Capital Management Co. LLC now owns 2,455,963 shares of the financial services provider's stock worth $124,002,000 after acquiring an additional 1,220,827 shares during the last quarter. Deutsche Bank AG grew its stake in shares of The Carlyle Group by 250.1% during the fourth 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 during the last quarter. Cornerstone Select Advisors LLC purchased a new stake in shares of The Carlyle Group during the fourth quarter worth about $223,000. Finally, Covenant Partners LLC purchased a new stake in shares of The Carlyle Group during the fourth quarter worth about $309,000. 55.88% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on CG. TD Cowen upgraded The Carlyle Group from a "hold" rating to a "buy" rating and set a $56.00 target price on the stock in a research report on Wednesday. Citigroup dropped their target price on The Carlyle Group from $55.00 to $39.00 and set a "neutral" rating on the stock in a research report on Tuesday, April 8th. Cowen upgraded The Carlyle Group from a "hold" rating to a "buy" rating in a research report on Wednesday. Bank of America lowered their price objective on The Carlyle Group from $47.00 to $46.00 and set an "underperform" rating on the stock in a research report on Friday, April 4th. Finally, JMP Securities lowered their price objective on The Carlyle Group from $62.00 to $58.00 and set a "market outperform" rating on the stock in a research report on Tuesday, April 8th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $52.33.

The Carlyle Group Stock Up 2.3%

Shares of NASDAQ CG traded up $1.08 on Wednesday, hitting $47.05. The company had a trading volume of 2,391,341 shares, compared to its average volume of 2,619,137. The Carlyle Group Inc. has a 12-month low of $33.02 and a 12-month high of $57.50. The business has a 50 day moving average of $40.47 and a two-hundred day moving average of $47.92. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 1.42. The firm has a market capitalization of $16.98 billion, a P/E ratio of 16.92, a PEG ratio of 0.98 and a beta of 1.85.

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

The Carlyle Group Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.98%. The ex-dividend date of this dividend is Monday, May 19th. The Carlyle Group's payout ratio is 47.46%.

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.