Fiduciary Group LLC Purchases 300 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Fiduciary Group LLC lifted its position in shares of The Carlyle Group Inc. (NASDAQ:CG) by 3.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,800 shares of the financial services provider’s stock after acquiring an additional 300 shares during the period. Fiduciary Group LLC’s holdings in The Carlyle Group were worth $444,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Golden State Wealth Management LLC bought a new position in The Carlyle Group in the 4th quarter valued at approximately $25,000. National Pension Service bought a new position in The Carlyle Group in the 4th quarter valued at approximately $25,000. Valley National Advisers Inc. lifted its stake in 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 purchasing an additional 327 shares during the last quarter. Nisa Investment Advisors LLC lifted its stake in The Carlyle Group by 253.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider’s stock valued at $29,000 after purchasing an additional 405 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in The Carlyle Group in the 3rd quarter valued at approximately $33,000. Institutional investors own 55.88% of the company’s stock.

The Carlyle Group Stock Up 0.8 %

Shares of NASDAQ CG opened at $43.81 on Friday. The firm has a market cap of $15.82 billion, a PE ratio of 15.76, a P/E/G ratio of 0.98 and a beta of 1.73. The Carlyle Group Inc. has a 12-month low of $36.65 and a 12-month high of $57.50. The company’s fifty day simple moving average is $50.17 and its 200 day simple moving average is $49.13. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 1.42.

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 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%. As a group, sell-side analysts forecast that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

The Carlyle Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 21st were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a yield of 3.20%. The Carlyle Group’s dividend payout ratio (DPR) is currently 50.36%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on CG. Barclays dropped their price objective on shares of 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. Wells Fargo & Company decreased their price target on shares of The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating for the company in a research report on Thursday. Evercore ISI upped their price target on shares of The Carlyle Group from $51.00 to $52.00 and gave the company an “in-line” rating in a research report on Wednesday, February 12th. StockNews.com cut shares of The Carlyle Group from a “hold” rating to a “sell” rating in a research report on Thursday, February 20th. Finally, Wolfe Research upgraded shares of The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price target for the company in a research report on Friday, January 3rd. One analyst has rated the stock with a sell rating, nine have given a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $54.53.

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.