Mutual of America Capital Management LLC Sells 2,163 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Mutual of America Capital Management LLC lessened its stake in shares of The Carlyle Group Inc. (NASDAQ:CG) by 1.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 111,475 shares of the financial services provider’s stock after selling 2,163 shares during the quarter. Mutual of America Capital Management LLC’s holdings in The Carlyle Group were worth $5,628,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. Proficio Capital Partners LLC bought a new stake in shares of The Carlyle Group during the 4th quarter worth about $3,172,000. Oregon Public Employees Retirement Fund lifted its position in shares of The Carlyle Group by 0.9% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 42,979 shares of the financial services provider’s stock worth $2,170,000 after purchasing an additional 400 shares during the last quarter. National Pension Service acquired a new position in shares of The Carlyle Group during the 4th quarter worth about $25,000. Advisor OS LLC acquired a new position in shares of The Carlyle Group during the 4th quarter worth about $279,000. Finally, FFT Wealth Management LLC lifted its position in shares of The Carlyle Group by 7.2% during the 4th quarter. FFT Wealth Management LLC now owns 12,887 shares of the financial services provider’s stock worth $651,000 after purchasing an additional 863 shares during the last quarter. Institutional investors own 55.88% of the company’s stock.

Analyst Ratings Changes

CG has been the subject of several research analyst reports. Oppenheimer boosted their price objective on The Carlyle Group from $78.00 to $85.00 and gave the stock an “outperform” rating in a research report on Monday, November 11th. TD Cowen boosted their price objective on The Carlyle Group from $43.00 to $49.00 and gave the stock a “hold” rating in a research report on Friday, November 8th. Evercore ISI boosted their price objective 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. Barclays cut their price target on The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. Finally, Wolfe Research raised The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price target for the company in a report on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and seven have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $54.93.

The Carlyle Group Trading Down 3.2 %

Shares of CG opened at $48.27 on Tuesday. The Carlyle Group Inc. has a 1 year low of $36.65 and a 1 year high of $57.50. 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 stock has a 50 day simple moving average of $52.40 and a 200-day simple moving average of $49.02. The stock has a market cap of $17.27 billion, a PE ratio of 17.36, a PEG ratio of 0.98 and a beta of 1.70.

The Carlyle Group (NASDAQ:CG) last issued its earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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, sell-side analysts predict that The Carlyle Group Inc. will post 4.48 EPS for the current fiscal year.

The Carlyle Group Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were given a dividend of $0.35 per share. The ex-dividend date was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a yield of 2.90%. The Carlyle Group’s dividend payout ratio (DPR) is presently 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.