Rockefeller Capital Management L.P. Sells 200,188 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Rockefeller Capital Management L.P. lowered its stake in shares of The Carlyle Group Inc. (NASDAQ:CG - Free Report) by 28.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 493,357 shares of the financial services provider's stock after selling 200,188 shares during the period. Rockefeller Capital Management L.P. owned approximately 0.14% of The Carlyle Group worth $24,909,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. Vanguard Group Inc. raised its holdings in shares of The Carlyle Group by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 23,161,423 shares of the financial services provider's stock worth $1,169,420,000 after acquiring an additional 180,757 shares during the last quarter. William Blair Investment Management LLC lifted its holdings in shares of The Carlyle Group by 15.5% in the fourth 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 purchasing an additional 1,773,465 shares in the last quarter. Boston Partners grew its holdings in The Carlyle Group by 7.1% during the fourth quarter. Boston Partners now owns 7,102,085 shares of the financial services provider's stock worth $358,687,000 after buying an additional 467,767 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in The Carlyle Group by 201.4% in the 4th 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 buying an additional 4,244,131 shares during the last quarter. Finally, Amundi lifted its stake in The Carlyle Group by 33.6% during the 4th quarter. Amundi now owns 2,364,231 shares of the financial services provider's stock valued at $123,673,000 after acquiring an additional 594,661 shares in the last quarter. 55.88% of the stock is currently owned by institutional investors and hedge funds.

The Carlyle Group Price Performance

Shares of NASDAQ CG traded up $0.59 during mid-day trading on Friday, reaching $35.84. 3,036,030 shares of the company were exchanged, compared to its average volume of 2,556,125. The stock has a market capitalization of $12.95 billion, a PE ratio of 12.89, 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 Carlyle Group Inc. has a 52 week low of $33.02 and a 52 week high of $57.50. The company's 50 day moving average price is $43.68 and its 200 day moving average price is $48.93.

The Carlyle Group (NASDAQ:CG - Get Free Report) last announced its quarterly earnings data on Monday, February 10th. The financial services provider reported $0.92 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%. Sell-side analysts forecast that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

The Carlyle Group Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a $0.35 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.91%. The Carlyle Group's dividend payout ratio (DPR) is 50.36%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Oppenheimer cut shares of The Carlyle Group from an "outperform" rating to a "market perform" rating in a research report on Wednesday, March 19th. Barclays cut their price objective on The Carlyle Group from $55.00 to $43.00 and set an "overweight" rating on the stock in a research report on Monday, April 7th. JMP Securities decreased 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 report on Tuesday, April 8th. Wells Fargo & Company dropped their price target on The Carlyle Group from $48.00 to $39.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th. Finally, TD Cowen reduced their price objective on shares of The Carlyle Group from $54.00 to $37.00 and set a "hold" rating for the company in a research note on Wednesday, April 9th. Two analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $50.71.

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.