Yousif Capital Management LLC Takes Position in The Carlyle Group Inc. (NASDAQ:CG)

Yousif Capital Management LLC acquired a new stake in The Carlyle Group Inc. (NASDAQ:CG - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 103,313 shares of the financial services provider's stock, valued at approximately $4,204,000.

Other institutional investors also recently bought and sold shares of the company. CVA Family Office LLC acquired a new position in The Carlyle Group in the fourth quarter valued at $35,000. GAMMA Investing LLC purchased a new stake in shares of The Carlyle Group in the fourth quarter valued at about $38,000. Clear Street Markets LLC purchased a new stake in shares of The Carlyle Group in the third quarter valued at about $50,000. Ramirez Asset Management Inc. purchased a new stake in shares of The Carlyle Group in the third quarter valued at about $84,000. Finally, Banque Cantonale Vaudoise boosted its holdings in shares of The Carlyle Group by 25.8% in the third quarter. Banque Cantonale Vaudoise now owns 2,893 shares of the financial services provider's stock valued at $87,000 after acquiring an additional 593 shares in the last quarter. 55.88% of the stock is currently owned by institutional investors and hedge funds.

The Carlyle Group Trading Up 1.1 %

Shares of The Carlyle Group stock traded up $0.49 during trading hours on Friday, hitting $46.11. The company's stock had a trading volume of 788,959 shares, compared to its average volume of 1,841,456. The Carlyle Group Inc. has a 1-year low of $25.20 and a 1-year high of $48.52. The business has a fifty day moving average of $45.94 and a 200 day moving average of $39.64. The company has a market capitalization of $16.70 billion, a PE ratio of -27.28, a P/E/G ratio of 0.97 and a beta of 1.79. The company has a quick ratio of 2.27, a current ratio of 2.27 and a debt-to-equity ratio of 1.52.

The Carlyle Group (NASDAQ:CG - Get Free Report) last released its quarterly earnings data on Wednesday, February 7th. The financial services provider reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.08. The Carlyle Group had a negative net margin of 20.53% and a positive return on equity of 19.74%. The company had revenue of $896.40 million during the quarter, compared to analyst estimates of $860.68 million. During the same quarter in the prior year, the business earned $1.01 earnings per share. The business's quarterly revenue was down 15.4% compared to the same quarter last year. As a group, equities analysts forecast that The Carlyle Group Inc. will post 3.97 EPS for the current year.

The Carlyle Group Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, March 1st. Stockholders of record on Friday, February 23rd were paid a $0.35 dividend. The ex-dividend date was Thursday, February 22nd. This represents a $1.40 annualized dividend and a dividend yield of 3.04%. The Carlyle Group's dividend payout ratio (DPR) is presently -82.84%.

Insider Activity

In related news, major shareholder Carlyle Group Inc. acquired 190,000 shares of The Carlyle Group stock in a transaction on Thursday, February 8th. The shares were purchased at an average cost of $12.95 per share, for a total transaction of $2,460,500.00. Following the purchase, the insider now directly owns 1,066,189 shares of the company's stock, valued at approximately $13,807,147.55. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 27.00% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. TheStreet downgraded shares of The Carlyle Group from a "b-" rating to a "c" rating in a report on Wednesday, February 7th. Morgan Stanley boosted their price objective on shares of The Carlyle Group from $34.00 to $40.00 and gave the stock an "equal weight" rating in a report on Wednesday, January 24th. Barclays upped their price target on shares of The Carlyle Group from $55.00 to $56.00 and gave the company an "overweight" rating in a report on Monday, April 8th. JMP Securities upped their price target on shares of The Carlyle Group from $52.00 to $58.00 and gave the company a "market outperform" rating in a report on Thursday, February 8th. Finally, TD Cowen started coverage on shares of The Carlyle Group in a report on Thursday, January 4th. They issued a "market perform" rating and a $42.00 price target on the stock. One research analyst has rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company's stock. Based on data from MarketBeat, The Carlyle Group presently has a consensus rating of "Hold" and a consensus price target of $43.07.

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.