The Carlyle Group Inc. (NASDAQ:CG) Stock Holdings Cut by Fjarde AP Fonden Fourth Swedish National Pension Fund

Fjarde AP Fonden Fourth Swedish National Pension Fund cut its stake in shares of The Carlyle Group Inc. (NASDAQ:CG) by 45.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 40,565 shares of the financial services provider’s stock after selling 33,600 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in The Carlyle Group were worth $2,048,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. FMR LLC boosted its stake in shares of The Carlyle Group by 72.8% during the 3rd quarter. FMR LLC now owns 4,051,757 shares of the financial services provider’s stock worth $174,469,000 after acquiring an additional 1,707,520 shares in the last quarter. Massachusetts Financial Services Co. MA boosted its stake in shares of The Carlyle Group by 22.8% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 2,107,301 shares of the financial services provider’s stock worth $90,740,000 after acquiring an additional 391,553 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of The Carlyle Group by 68.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider’s stock worth $82,651,000 after acquiring an additional 777,304 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of The Carlyle Group by 2.7% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,405,206 shares of the financial services provider’s stock worth $60,508,000 after acquiring an additional 36,549 shares in the last quarter. Finally, Private Management Group Inc. boosted its stake in shares of The Carlyle Group by 16.8% during the 3rd quarter. Private Management Group Inc. now owns 704,150 shares of the financial services provider’s stock worth $30,321,000 after acquiring an additional 101,268 shares in the last quarter. 55.88% of the stock is owned by institutional investors.

The Carlyle Group Price Performance

Shares of NASDAQ:CG opened at $49.61 on Thursday. 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 Carlyle Group Inc. has a 1 year low of $36.65 and a 1 year high of $57.50. The business has a fifty day simple moving average of $52.45 and a 200 day simple moving average of $48.79. The firm has a market cap of $17.74 billion, a price-to-earnings ratio of 17.85, a P/E/G ratio of 0.98 and a beta of 1.70.

The Carlyle Group (NASDAQ:CG) last posted its earnings results 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 net margin of 18.81% and a return on equity of 24.02%. As a group, sell-side analysts predict that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

The Carlyle Group Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 21st will be issued a dividend of $0.35 per share. The ex-dividend date is Friday, February 21st. This represents a $1.40 annualized dividend and a yield of 2.82%. The Carlyle Group’s dividend payout ratio (DPR) is currently 50.36%.

Analysts Set New Price Targets

Several research firms have recently weighed in on CG. Barclays reduced their price objective on The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a research note on Wednesday, February 12th. TD Cowen increased their target price on The Carlyle Group from $43.00 to $49.00 and gave the company a “hold” rating in a report on Friday, November 8th. StockNews.com lowered The Carlyle Group from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. Evercore ISI increased their target price on The Carlyle Group from $51.00 to $52.00 and gave the company an “in-line” rating in a report on Wednesday, February 12th. Finally, Keefe, Bruyette & Woods increased their target price on The Carlyle Group from $51.00 to $55.00 and gave the company a “market perform” rating in a report on Friday, November 8th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, The Carlyle Group currently has an average rating of “Hold” and an average price target of $54.93.

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.