The Carlyle Group Inc. (NASDAQ:CG) Receives Average Recommendation of "Hold" from Analysts

Shares of The Carlyle Group Inc. (NASDAQ:CG - Get Free Report) have been assigned an average rating of "Hold" from the fifteen brokerages that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $51.07.

CG has been the subject of several recent research reports. Morgan Stanley reduced their target price on shares of The Carlyle Group from $57.00 to $44.00 and set an "equal weight" rating for the company in a report on Monday, April 14th. Evercore ISI increased 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. Citigroup cut their price target on shares of The Carlyle Group from $55.00 to $39.00 and set a "neutral" rating for the company in a research note on Tuesday, April 8th. Barclays increased their price target on shares of The Carlyle Group from $43.00 to $49.00 and gave the company an "overweight" rating in a research note on Friday, May 9th. Finally, StockNews.com cut shares of The Carlyle Group from a "hold" rating to a "sell" rating in a research note on Thursday, February 20th.

Hedge Funds Weigh In On The Carlyle Group

A number of hedge funds have recently bought and sold shares of the business. Arizona State Retirement System grew its stake in The Carlyle Group by 0.3% during the fourth quarter. Arizona State Retirement System now owns 67,239 shares of the financial services provider's stock worth $3,395,000 after buying an additional 220 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. grew its stake in The Carlyle Group by 0.3% during the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 80,820 shares of the financial services provider's stock worth $4,081,000 after buying an additional 225 shares in the last quarter. Aviva PLC grew its stake in The Carlyle Group by 1.3% during the fourth quarter. Aviva PLC now owns 17,408 shares of the financial services provider's stock worth $879,000 after buying an additional 227 shares in the last quarter. Brooklyn Investment Group boosted its stake in shares of The Carlyle Group by 28.6% in the 1st quarter. Brooklyn Investment Group now owns 1,062 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 236 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in shares of The Carlyle Group by 0.6% in the 4th quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 46,607 shares of the financial services provider's stock valued at $2,353,000 after purchasing an additional 258 shares in the last quarter. 55.88% of the stock is owned by institutional investors.

The Carlyle Group Stock Up 0.8%

The Carlyle Group stock opened at $45.97 on Wednesday. The stock has a market capitalization of $16.59 billion, a PE ratio of 16.54, a price-to-earnings-growth ratio of 0.98 and a beta of 1.85. The Carlyle Group has a twelve month low of $33.02 and a twelve month high of $57.50. 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 company has a 50 day moving average of $40.39 and a 200-day moving average of $47.93.

The Carlyle Group (NASDAQ:CG - Get Free Report) last announced its earnings results on Friday, May 9th. The financial services provider reported $1.14 EPS for the quarter, topping the consensus estimate of $0.97 by $0.17. The Carlyle Group had a net margin of 18.81% and a return on equity of 24.02%. The business had revenue of $973.10 million during the quarter, compared to analysts' expectations of $972.27 million. During the same quarter in the prior year, the company posted $1.01 earnings per share. The firm's revenue was up 2.0% on a year-over-year basis. On average, equities research analysts anticipate that The Carlyle Group will post 4.48 EPS for the current fiscal year.

The Carlyle Group Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 19th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 3.05%. The ex-dividend date is Monday, May 19th. The Carlyle Group's dividend payout ratio is 47.46%.

The Carlyle Group Company 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.

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