Shelton Capital Management Has $401,000 Position in The Carlyle Group Inc. (NASDAQ:CG)

Shelton Capital Management decreased its holdings in shares of The Carlyle Group Inc. (NASDAQ:CG) by 8.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 7,936 shares of the financial services provider’s stock after selling 718 shares during the quarter. Shelton Capital Management’s holdings in The Carlyle Group were worth $401,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Golden State Wealth Management LLC acquired a new stake in The Carlyle Group during the fourth quarter valued at $25,000. National Pension Service purchased a new stake in shares of The Carlyle Group during the 4th quarter worth about $25,000. Valley National Advisers Inc. grew its stake in shares of The Carlyle Group by 149.3% in the 4th quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider’s stock valued at $27,000 after buying an additional 327 shares in the last quarter. Nisa Investment Advisors LLC increased its holdings in The Carlyle Group by 253.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider’s stock worth $29,000 after buying an additional 405 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB raised its position in The Carlyle Group by 8,090.9% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 901 shares of the financial services provider’s stock valued at $45,000 after acquiring an additional 890 shares in the last quarter. 55.88% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on CG. Oppenheimer lowered shares of The Carlyle Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday, March 19th. Wolfe Research raised shares of The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 target price on the stock in a research report on Friday, January 3rd. Evercore ISI boosted their price target on The Carlyle Group from $51.00 to $52.00 and gave the stock an “in-line” rating in a research report on Wednesday, February 12th. Bank of America cut their price objective on The Carlyle Group from $47.00 to $46.00 and set an “underperform” rating on the stock in a research note on Friday, April 4th. Finally, StockNews.com downgraded The Carlyle Group from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. Two investment analysts have rated the stock with a sell rating, ten have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, The Carlyle Group presently has an average rating of “Hold” and a consensus target price of $51.06.

The Carlyle Group Stock Down 7.4 %

Shares of CG opened at $36.63 on Friday. The Carlyle Group Inc. has a 52 week low of $33.02 and a 52 week high of $57.50. The firm has a market capitalization of $13.23 billion, a P/E ratio of 13.18, a P/E/G ratio of 0.98 and a beta of 1.72. The company has a 50-day simple moving average of $45.56 and a 200-day simple moving average of $49.26. The company has a debt-to-equity ratio of 1.42, a quick ratio of 2.32 and a current ratio of 2.32.

The Carlyle Group (NASDAQ:CG) last announced its quarterly earnings data on Monday, February 10th. The financial services provider reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. On average, equities research analysts expect that The Carlyle Group Inc. will post 4.48 earnings per share for the current 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 issued a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.82%. The ex-dividend date was Friday, February 21st. The Carlyle Group’s payout ratio is 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.