Representative Jefferson Shreve (R-Indiana) recently sold shares of The Carlyle Group Inc. NASDAQ: CG. In a filing disclosed on May 08th, the Representative disclosed that they had sold between $15,001 and $50,000 in The Carlyle Group stock on April 17th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Purchased $50,001 - $100,000 in shares of Chipotle Mexican Grill NYSE: CMG on 4/17/2025.
- Purchased $50,001 - $100,000 in shares of Applied Materials NASDAQ: AMAT on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Caterpillar NYSE: CAT on 4/17/2025.
- Sold $15,001 - $50,000 in shares of Lululemon Athletica NASDAQ: LULU on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Western Digital NASDAQ: WDC on 4/17/2025.
- Sold $15,001 - $50,000 in shares of Zoetis NYSE: ZTS on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Stryker NYSE: SYK on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of NextEra Energy NYSE: NEE on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of CSX NASDAQ: CSX on 4/17/2025.
- Purchased $15,001 - $50,000 in shares of Ross Stores NASDAQ: ROST on 4/17/2025.
The Carlyle Group Stock Up 0.8%
The Carlyle Group stock traded up $0.35 during midday trading on Tuesday, hitting $45.97. 2,777,193 shares of the stock were exchanged, compared to its average volume of 2,617,296. 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 stock has a market capitalization of $16.59 billion, a price-to-earnings ratio of 16.54, a price-to-earnings-growth ratio of 0.98 and a beta of 1.85. The Carlyle Group Inc. has a 52-week low of $33.02 and a 52-week high of $57.50. The business's 50-day moving average price is $40.34 and its 200-day moving average price is $47.94.
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 Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. The company had revenue of $973.10 million during the quarter, compared to the consensus estimate of $972.27 million. During the same period last year, the business posted $1.01 earnings per share. The Carlyle Group's revenue was up 2.0% on a year-over-year basis. On average, research analysts expect that The Carlyle Group Inc. will post 4.48 EPS for the current fiscal year.
The Carlyle Group Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th will be paid a $0.35 dividend. The ex-dividend date is Monday, May 19th. This represents a $1.40 annualized dividend and a dividend yield of 3.05%. The Carlyle Group's payout ratio is 47.46%.
Wall Street Analyst Weigh In
Several analysts have commented on the stock. TD Cowen lowered their price objective on shares of The Carlyle Group from $54.00 to $37.00 and set a "hold" rating on the stock in a research report on Wednesday, April 9th. Evercore ISI upped their price target on The Carlyle Group from $51.00 to $52.00 and gave the company an "in-line" rating in a research report on Wednesday, February 12th. Keefe, Bruyette & Woods lifted their price objective on The Carlyle Group from $43.00 to $45.00 and gave the stock a "market perform" rating in a report on Monday. StockNews.com lowered shares of The Carlyle Group from a "hold" rating to a "sell" rating in a research report on Thursday, February 20th. Finally, JMP Securities lowered their price target on shares of 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 investment analysts have rated the stock with a sell rating, nine have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $51.07.
Check Out Our Latest Analysis on CG
Hedge Funds Weigh In On The Carlyle Group
Large investors have recently modified their holdings of the company. Massachusetts Financial Services Co. MA boosted its stake in shares of The Carlyle Group by 201.4% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,351,432 shares of the financial services provider's stock valued at $320,684,000 after purchasing an additional 4,244,131 shares during the period. William Blair Investment Management LLC boosted its position in The Carlyle Group by 15.5% during the 4th quarter. William Blair Investment Management LLC now owns 13,249,941 shares of the financial services provider's stock valued at $668,990,000 after buying an additional 1,773,465 shares during the period. Raymond James Financial Inc. purchased a new position in shares of The Carlyle Group in the fourth quarter valued at about $83,784,000. Frontier Capital Management Co. LLC raised 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 valued at $124,002,000 after acquiring an additional 1,220,827 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of The Carlyle Group by 4.9% in the first quarter. Vanguard Group Inc. now owns 24,292,937 shares of the financial services provider's stock worth $1,058,929,000 after purchasing an additional 1,131,514 shares during the last quarter. 55.88% of the stock is owned by hedge funds and other institutional investors.
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
About The Carlyle Group
(
Get Free Report)
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.
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