The Carlyle Group Inc. (NASDAQ:CG) Shares Sold by Marshall Wace LLP

Marshall Wace LLP decreased its position in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 99.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,062 shares of the financial services provider's stock after selling 1,363,105 shares during the quarter. Marshall Wace LLP's holdings in The Carlyle Group were worth $508,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Korea Investment CORP grew its holdings in shares of The Carlyle Group by 28.6% in the fourth quarter. Korea Investment CORP now owns 165,660 shares of the financial services provider's stock worth $8,364,000 after acquiring an additional 36,873 shares during the period. JPMorgan Chase & Co. increased its position in shares of The Carlyle Group by 68.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider's stock valued at $82,651,000 after purchasing an additional 777,304 shares during the last quarter. Invesco Ltd. boosted its holdings in shares of The Carlyle Group by 9.7% in the fourth quarter. Invesco Ltd. now owns 650,735 shares of the financial services provider's stock worth $32,856,000 after buying an additional 57,606 shares during the last quarter. Sargent Investment Group LLC increased its holdings in The Carlyle Group by 6.5% during the fourth quarter. Sargent Investment Group LLC now owns 302,385 shares of the financial services provider's stock valued at $15,283,000 after buying an additional 18,537 shares during the last quarter. Finally, Franklin Street Advisors Inc. NC purchased a new position in shares of The Carlyle Group during the 4th quarter worth $17,671,000. 55.88% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on CG shares. Barclays lowered their target price on The Carlyle Group from $55.00 to $43.00 and set an "overweight" rating on the stock in a research report on Monday, April 7th. TD Cowen decreased their target price on shares of The Carlyle Group from $54.00 to $37.00 and set a "hold" rating on the stock in a research note on Wednesday, April 9th. Evercore ISI upped their target price on shares of The Carlyle Group from $51.00 to $52.00 and gave the stock an "in-line" rating in a report on Wednesday, February 12th. JMP Securities decreased their price target on The Carlyle Group from $62.00 to $58.00 and set a "market outperform" rating on the stock in a report on Tuesday, April 8th. Finally, Wells Fargo & Company decreased their target price on The Carlyle Group from $48.00 to $39.00 and set an "equal weight" rating on the stock in a research note on Tuesday, April 8th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $50.88.

The Carlyle Group Stock Performance

Shares of CG traded down $0.26 during trading hours on Monday, reaching $40.50. 2,109,131 shares of the company traded hands, compared to its average volume of 2,580,518. The stock has a market capitalization of $14.62 billion, a P/E ratio of 14.57, a P/E/G ratio of 0.98 and a beta of 1.72. 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 business has a fifty day moving average price of $40.92 and a 200-day moving average price of $48.23. The Carlyle Group Inc. has a 12-month low of $33.02 and a 12-month high of $57.50.

The Carlyle Group (NASDAQ:CG - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. Equities analysts anticipate that The Carlyle Group Inc. will post 4.48 EPS for the current fiscal year.

The Carlyle Group Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were given a $0.35 dividend. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.40 annualized dividend and a yield of 3.46%. The Carlyle Group's dividend payout ratio is presently 50.36%.

The 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.