Cwm LLC Has $111,000 Stake in The Carlyle Group Inc. (NASDAQ:CG)

Cwm LLC decreased its stake in The Carlyle Group Inc. (NASDAQ:CG) by 63.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,731 shares of the financial services provider’s stock after selling 4,720 shares during the quarter. Cwm LLC’s holdings in The Carlyle Group were worth $111,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. CVA Family Office LLC acquired a new position in The Carlyle Group in the fourth quarter worth $35,000. Clear Street Markets LLC acquired a new position in The Carlyle Group in the third quarter worth $50,000. Ramirez Asset Management Inc. acquired a new position in The Carlyle Group in the third quarter worth $84,000. Banque Cantonale Vaudoise boosted its stake in The Carlyle Group by 25.8% in the third quarter. Banque Cantonale Vaudoise now owns 2,893 shares of the financial services provider’s stock worth $87,000 after purchasing an additional 593 shares in the last quarter. Finally, Fifth Third Bancorp boosted its stake in The Carlyle Group by 25.6% in the fourth quarter. Fifth Third Bancorp now owns 2,191 shares of the financial services provider’s stock worth $89,000 after purchasing an additional 446 shares in the last quarter. Institutional investors and hedge funds own 55.88% of the company’s stock.

The Carlyle Group Stock Performance

Shares of NASDAQ CG opened at $41.99 on Tuesday. The stock has a 50 day moving average price of $45.75 and a 200 day moving average price of $40.16. The Carlyle Group Inc. has a 52 week low of $25.47 and a 52 week high of $48.52. The company has a debt-to-equity ratio of 1.53, a quick ratio of 2.27 and a current ratio of 2.53. The stock has a market capitalization of $15.20 billion, a PE ratio of -23.46, a price-to-earnings-growth ratio of 1.01 and a beta of 1.77.

The Carlyle Group (NASDAQ:CG) last issued its quarterly earnings results on Wednesday, May 1st. The financial services provider reported $1.01 EPS for the quarter, beating the consensus estimate of $0.92 by $0.09. The Carlyle Group had a positive return on equity of 23.92% and a negative net margin of 23.04%. The firm had revenue of $1.02 billion during the quarter, compared to analysts’ expectations of $986.10 million. During the same period in the prior year, the firm posted $0.63 earnings per share. The business’s quarterly revenue was up 35.6% compared to the same quarter last year. Analysts predict that The Carlyle Group Inc. will post 3.94 earnings per share for the current fiscal year.

The Carlyle Group Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, May 21st. Investors of record on Tuesday, May 14th will be given a dividend of $0.35 per share. The ex-dividend date is Monday, May 13th. This represents a $1.40 annualized dividend and a yield of 3.33%. The Carlyle Group’s dividend payout ratio (DPR) is presently -78.21%.

Wall Street Analyst Weigh In

CG has been the topic of a number of research reports. UBS Group upped their target price on shares of The Carlyle Group from $46.00 to $50.00 and gave the company a “neutral” rating in a research report on Friday, April 12th. The Goldman Sachs Group lowered their target price on shares of The Carlyle Group from $54.00 to $48.00 and set a “buy” rating for the company in a report on Thursday, May 2nd. TD Cowen cut their price target on The Carlyle Group from $49.00 to $45.00 and set a “hold” rating on the stock in a research note on Thursday, May 2nd. Barclays dropped their price objective on The Carlyle Group from $56.00 to $47.00 and set an “overweight” rating for the company in a report on Thursday, May 2nd. Finally, Morgan Stanley boosted their target price on The Carlyle Group from $34.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat, The Carlyle Group currently has a consensus rating of “Hold” and an average target price of $44.73.

Insider Buying and Selling at The Carlyle Group

In other The Carlyle Group news, major shareholder Carlyle Group Inc. acquired 190,000 shares of the company’s stock in a transaction on Thursday, February 8th. The shares were purchased at an average price of $12.95 per share, for a total transaction of $2,460,500.00. Following the completion of the purchase, the insider now directly owns 1,066,189 shares of the company’s stock, valued at $13,807,147.55. The transaction was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 27.20% of the company’s stock.

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.