Jefferies Financial Group Inc. Buys 265,766 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Jefferies Financial Group Inc. lifted its stake in shares of The Carlyle Group Inc. (NASDAQ:CG) by 5,484.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 270,612 shares of the financial services provider’s stock after purchasing an additional 265,766 shares during the quarter. Jefferies Financial Group Inc. owned 0.08% of The Carlyle Group worth $13,663,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Arizona State Retirement System increased its holdings in shares of The Carlyle Group by 0.3% in the fourth quarter. Arizona State Retirement System now owns 67,239 shares of the financial services provider’s stock worth $3,395,000 after purchasing an additional 220 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. increased its stake in The Carlyle Group by 0.3% in the 4th quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 80,820 shares of the financial services provider’s stock worth $4,081,000 after acquiring an additional 225 shares during the last quarter. Aviva PLC raised its holdings in shares of The Carlyle Group by 1.3% in the 4th quarter. Aviva PLC now owns 17,408 shares of the financial services provider’s stock valued at $879,000 after acquiring an additional 227 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of The Carlyle Group by 0.6% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 46,607 shares of the financial services provider’s stock worth $2,353,000 after purchasing an additional 258 shares in the last quarter. Finally, O ROURKE & COMPANY Inc increased its position in shares of The Carlyle Group by 1.5% in the fourth quarter. O ROURKE & COMPANY Inc now owns 17,990 shares of the financial services provider’s stock worth $908,000 after purchasing an additional 266 shares during the last quarter. Institutional investors own 55.88% of the company’s stock.

The Carlyle Group Stock Performance

The Carlyle Group stock opened at $42.04 on Friday. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 1.42. The firm has a market cap of $15.17 billion, a P/E ratio of 15.12, a P/E/G ratio of 0.98 and a beta of 1.85. The Carlyle Group Inc. has a 1-year low of $33.02 and a 1-year high of $57.50. The firm has a 50-day moving average of $40.35 and a 200-day moving average of $47.99.

The Carlyle Group (NASDAQ:CG) last issued its quarterly earnings data on Friday, May 9th. The financial services provider reported $1.14 earnings per share for the quarter, topping analysts’ consensus estimates of $0.97 by $0.17. The firm had revenue of $973.10 million for the quarter, compared to analyst estimates of $972.27 million. The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. The business’s quarterly revenue was up 2.0% compared to the same quarter last year. During the same period last year, the company earned $1.01 EPS. Sell-side analysts expect that The Carlyle Group Inc. will post 4.48 EPS for the current year.

The Carlyle Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, May 27th. Stockholders of record on Monday, May 19th will be given a $0.35 dividend. The ex-dividend date is Monday, May 19th. This represents a $1.40 annualized dividend and a dividend yield of 3.33%. The Carlyle Group’s dividend payout ratio is 50.36%.

Analyst Upgrades and Downgrades

CG has been the subject of a number of research reports. Evercore ISI boosted their price target on shares of The Carlyle Group from $51.00 to $52.00 and gave the stock an “in-line” rating in a research note on Wednesday, February 12th. Barclays raised their price target on The Carlyle Group from $43.00 to $49.00 and gave the company an “overweight” rating in a research report on Friday. Oppenheimer cut The Carlyle Group from an “outperform” rating to a “market perform” rating in a report on Wednesday, March 19th. JMP Securities decreased their price objective on The Carlyle Group from $62.00 to $58.00 and set a “market outperform” rating on the stock in a report on Tuesday, April 8th. Finally, TD Cowen cut their target price on 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 investment analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $51.73.

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.