Natixis Advisors LLC Grows Stock Holdings in Carlyle Group Inc. $CG

Natixis Advisors LLC grew its stake in shares of Carlyle Group Inc. (NASDAQ:CG) by 8.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 399,858 shares of the financial services provider’s stock after acquiring an additional 30,289 shares during the period. Natixis Advisors LLC owned 0.11% of Carlyle Group worth $25,071,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in CG. Generali Asset Management SPA SGR purchased a new stake in Carlyle Group in the third quarter valued at approximately $1,913,000. Fifth Third Bancorp grew its stake in Carlyle Group by 28.7% in the 3rd quarter. Fifth Third Bancorp now owns 107,198 shares of the financial services provider’s stock worth $6,721,000 after buying an additional 23,901 shares in the last quarter. New York State Common Retirement Fund raised its position in shares of Carlyle Group by 16.3% during the 3rd quarter. New York State Common Retirement Fund now owns 207,395 shares of the financial services provider’s stock valued at $13,004,000 after buying an additional 29,000 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Carlyle Group by 2.9% during the 3rd quarter. Vanguard Group Inc. now owns 25,434,009 shares of the financial services provider’s stock worth $1,594,712,000 after acquiring an additional 714,428 shares during the last quarter. Finally, Onyx Bridge Wealth Group LLC bought a new position in Carlyle Group in the third quarter valued at $1,564,000. 55.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on CG. JPMorgan Chase & Co. lifted their price target on Carlyle Group from $66.00 to $67.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 10th. UBS Group decreased their price objective on Carlyle Group from $81.00 to $65.00 and set a “buy” rating on the stock in a report on Friday, February 20th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $65.00 target price on shares of Carlyle Group in a research note on Thursday, March 5th. Evercore increased their price target on shares of Carlyle Group from $57.00 to $62.00 and gave the company an “in-line” rating in a research report on Thursday, January 22nd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Carlyle Group in a report on Wednesday, January 21st. Eight research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $65.36.

Carlyle Group Trading Down 0.8%

Shares of CG stock opened at $48.45 on Wednesday. The business has a 50-day moving average of $57.96 and a 200 day moving average of $58.83. The company has a debt-to-equity ratio of 1.90, a current ratio of 2.33 and a quick ratio of 2.33. Carlyle Group Inc. has a 1-year low of $33.02 and a 1-year high of $69.85. The stock has a market capitalization of $17.50 billion, a PE ratio of 22.22, a P/E/G ratio of 0.99 and a beta of 2.07.

Carlyle Group (NASDAQ:CG) last posted its quarterly earnings results on Thursday, February 5th. The financial services provider reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.04 by ($0.03). The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.09 billion. Carlyle Group had a return on equity of 23.62% and a net margin of 16.92%.Carlyle Group’s revenue was up 84.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.92 earnings per share. As a group, sell-side analysts anticipate that Carlyle Group Inc. will post 4.48 earnings per share for the current year.

Carlyle Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 20th. Investors of record on Monday, February 16th were issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date was Friday, February 13th. Carlyle Group’s dividend payout ratio is currently 64.22%.

Carlyle Group Company Profile

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager that invests across a range of strategies including private equity, real assets (such as real estate and infrastructure), global credit, and investment solutions. Founded in 1987 and headquartered in Washington, DC, Carlyle raises and manages investment funds that acquire, operate and exit companies and assets on behalf of institutional and private investors. The firm is publicly traded on the Nasdaq exchange and operates as an asset manager and investment advisor rather than as an operating company.

Carlyle’s core activities include sourcing and executing private equity buyouts and growth investments, originating and managing credit and financing solutions, and acquiring and operating real asset portfolios.