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 Price Performance
Shares of NASDAQ:CG traded down $0.62 on Thursday, reaching $46.43. 1,680,307 shares of the company were exchanged, compared to its average volume of 2,615,606. The Carlyle Group Inc. has a 1-year low of $33.02 and a 1-year high of $57.50. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 1.42. The company has a 50-day moving average of $40.47 and a 200-day moving average of $47.92. The firm has a market cap of $16.76 billion, a price-to-earnings ratio of 16.74, a price-to-earnings-growth ratio of 0.98 and a beta of 1.85.
The Carlyle Group (NASDAQ:CG - Get Free Report) last released its earnings results on Friday, May 9th. The financial services provider reported $1.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.97 by $0.17. The company had revenue of $973.10 million for the quarter, compared to analyst estimates of $972.27 million. The Carlyle Group had a net margin of 18.81% and a return on equity of 24.02%. The firm's quarterly revenue was up 2.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.01 EPS. Equities analysts forecast that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.
The Carlyle Group Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th will be issued a $0.35 dividend. The ex-dividend date is Monday, May 19th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.02%. The Carlyle Group's payout ratio is 47.46%.
Hedge Funds Weigh In On The Carlyle Group
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CG. National Pension Service bought a new position in shares of The Carlyle Group during the 4th quarter valued at about $25,000. Golden State Wealth Management LLC bought a new stake in shares of The Carlyle Group during the 4th quarter worth approximately $25,000. Valley National Advisers Inc. raised its stake in shares of The Carlyle Group by 149.3% during the 4th quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider's stock worth $27,000 after purchasing an additional 327 shares in the last quarter. Nisa Investment Advisors LLC raised its stake in shares of The Carlyle Group by 253.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider's stock worth $29,000 after purchasing an additional 405 shares in the last quarter. Finally, Main Street Group LTD bought a new stake in shares of The Carlyle Group during the 4th quarter worth approximately $29,000. Institutional investors own 55.88% of the company's stock.
Analyst Ratings Changes
Several brokerages have issued reports on CG. JMP Securities lowered their price objective on shares of The Carlyle Group from $62.00 to $58.00 and set a "market outperform" rating for the company in a research report on Tuesday, April 8th. Cowen upgraded The Carlyle Group from a "hold" rating to a "buy" rating in a report on Wednesday. Bank of America dropped their target price on The Carlyle Group from $47.00 to $46.00 and set an "underperform" rating on the stock in a report on Friday, April 4th. Wells Fargo & Company decreased their target price on The Carlyle Group from $48.00 to $39.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Finally, Barclays raised their target price on The Carlyle Group from $43.00 to $49.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat.com, The Carlyle Group currently has an average rating of "Hold" and an average target price of $52.33.
Check Out Our Latest Research Report on The Carlyle Group
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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