Riverwater Partners LLC Purchases 575 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Riverwater Partners LLC grew its position in shares of The Carlyle Group Inc. (NASDAQ:CG) by 2.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,706 shares of the financial services provider’s stock after buying an additional 575 shares during the quarter. Riverwater Partners LLC’s holdings in The Carlyle Group were worth $1,146,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. grew its holdings in The Carlyle Group by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 23,161,423 shares of the financial services provider’s stock worth $1,169,420,000 after acquiring an additional 180,757 shares during the last quarter. William Blair Investment Management LLC grew its stake in shares of The Carlyle Group by 15.5% during the fourth quarter. William Blair Investment Management LLC now owns 13,249,941 shares of the financial services provider’s stock valued at $668,990,000 after purchasing an additional 1,773,465 shares during the last quarter. Boston Partners increased its holdings in shares of The Carlyle Group by 7.1% in the fourth quarter. Boston Partners now owns 7,102,085 shares of the financial services provider’s stock valued at $358,687,000 after purchasing an additional 467,767 shares in the last quarter. Massachusetts Financial Services Co. MA lifted its holdings in The Carlyle Group by 201.4% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 6,351,432 shares of the financial services provider’s stock worth $320,684,000 after buying an additional 4,244,131 shares in the last quarter. Finally, Amundi boosted its position in The Carlyle Group by 33.6% in the 4th quarter. Amundi now owns 2,364,231 shares of the financial services provider’s stock valued at $123,673,000 after buying an additional 594,661 shares during the last quarter. Institutional investors own 55.88% of the company’s stock.

The Carlyle Group Stock Down 7.3 %

Shares of CG stock opened at $35.89 on Friday. The company has a market capitalization of $12.96 billion, a price-to-earnings ratio of 12.91, a P/E/G ratio of 0.98 and a beta of 1.73. The Carlyle Group Inc. has a 12-month low of $33.02 and a 12-month high of $57.50. The firm has a fifty day moving average of $47.81 and a 200-day moving average of $49.51. 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 quarterly earnings results on Monday, February 10th. The financial services provider reported $0.92 EPS for the quarter, missing analysts’ consensus estimates 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, equities research 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 firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 21st were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 3.90%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group’s payout ratio is 50.36%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Evercore ISI upped their price target on The Carlyle Group from $51.00 to $52.00 and gave the company an “in-line” rating in a research note on Wednesday, February 12th. Wells Fargo & Company reduced their target price on shares of The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating on the stock in a research note on Thursday, March 20th. Wolfe Research raised 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 note on Friday, January 3rd. StockNews.com cut shares of The Carlyle Group from a “hold” rating to a “sell” rating in a research note on Thursday, February 20th. Finally, Barclays dropped their target price on shares of The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a research report on Wednesday, February 12th. Two equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $54.00.

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.