Soros Fund Management LLC Makes New $23.20 Million Investment in The Carlyle Group Inc. (NASDAQ:CG)

Soros Fund Management LLC acquired a new stake in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 459,585 shares of the financial services provider's stock, valued at approximately $23,204,000. Soros Fund Management LLC owned approximately 0.13% of The Carlyle Group as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of CG. Northern Trust Corp grew its position in shares of The Carlyle Group by 14.9% in the 4th quarter. Northern Trust Corp now owns 2,205,181 shares of the financial services provider's stock worth $111,340,000 after buying an additional 285,935 shares during the last quarter. Optiver Holding B.V. increased its position in shares of The Carlyle Group by 19.9% during the fourth quarter. Optiver Holding B.V. now owns 2,935 shares of the financial services provider's stock worth $148,000 after purchasing an additional 488 shares in the last quarter. Quarry LP purchased a new stake in shares of The Carlyle Group during the 4th quarter valued at $71,000. Aquatic Capital Management LLC acquired a new stake in shares of The Carlyle Group in the 4th quarter worth $3,815,000. Finally, Johnson Financial Group Inc. purchased a new position in The Carlyle Group during the 4th quarter worth $48,000. Institutional investors own 55.88% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on CG. TD Cowen lowered their price target on The Carlyle Group from $54.00 to $37.00 and set a "hold" rating for the company in a report on Wednesday, April 9th. Evercore ISI upped their price target on shares of The Carlyle Group from $51.00 to $52.00 and gave the company an "in-line" rating in a research note on Wednesday, February 12th. Morgan Stanley lowered their price objective on shares of The Carlyle Group from $57.00 to $44.00 and set an "equal weight" rating for the company in a research note on Monday, April 14th. Oppenheimer lowered The Carlyle Group from an "outperform" rating to a "market perform" rating in a research note on Wednesday, March 19th. Finally, JMP Securities decreased their target price on The Carlyle Group from $62.00 to $58.00 and set a "market outperform" rating for the company in a report on Tuesday, April 8th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $50.71.

The Carlyle Group Price Performance

Shares of The Carlyle Group stock traded up $1.60 on Friday, reaching $40.76. The company's stock had a trading volume of 1,754,464 shares, compared to its average volume of 2,583,152. The Carlyle Group Inc. has a 52-week low of $33.02 and a 52-week high of $57.50. The company has a market capitalization of $14.71 billion, a P/E ratio of 14.66, a PEG 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 stock has a 50-day moving average price of $41.26 and a 200-day moving average price of $48.40.

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

The Carlyle Group Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.40 annualized dividend and a yield of 3.43%. The Carlyle Group's dividend payout ratio (DPR) 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.