Fjarde AP Fonden Fourth Swedish National Pension Fund Decreases Position in The Carlyle Group Inc. (NASDAQ:CG)

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its holdings in The Carlyle Group Inc. (NASDAQ:CG) by 45.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 40,565 shares of the financial services provider’s stock after selling 33,600 shares during the period. 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.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. FMR LLC boosted its holdings in The Carlyle Group by 72.8% in the third quarter. FMR LLC now owns 4,051,757 shares of the financial services provider’s stock valued at $174,469,000 after purchasing an additional 1,707,520 shares during the last quarter. Massachusetts Financial Services Co. MA raised its stake in The Carlyle Group by 22.8% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,107,301 shares of the financial services provider’s stock valued at $90,740,000 after buying an additional 391,553 shares in the last quarter. JPMorgan Chase & Co. raised its stake in The Carlyle Group by 68.1% during the third quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider’s stock valued at $82,651,000 after buying an additional 777,304 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in The Carlyle Group by 2.7% during the third 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 valued at $60,508,000 after buying an additional 36,549 shares in the last quarter. Finally, Private Management Group Inc. raised its stake in The Carlyle Group by 16.8% during the third quarter. Private Management Group Inc. now owns 704,150 shares of the financial services provider’s stock valued at $30,321,000 after buying an additional 101,268 shares in the last quarter. Hedge funds and other institutional investors own 55.88% of the company’s stock.

The Carlyle Group Stock Up 1.5 %

CG opened at $49.61 on Thursday. The Carlyle Group Inc. has a 12 month low of $36.65 and a 12 month high of $57.50. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.32 and a quick ratio of 2.32. The stock has a market cap of $17.74 billion, a P/E ratio of 17.85, a P/E/G ratio of 0.98 and a beta of 1.70. The stock’s 50 day moving average price is $52.45 and its 200 day moving average price is $48.79.

The Carlyle Group (NASDAQ:CG) last posted its earnings results on Monday, February 10th. The financial services provider reported $0.92 EPS 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, research analysts predict that The Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The Carlyle Group Dividend Announcement

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

Wall Street Analyst Weigh In

Several brokerages have issued reports on CG. Oppenheimer upped their price objective on The Carlyle Group from $78.00 to $85.00 and gave the company an “outperform” rating in a research note on Monday, November 11th. Keefe, Bruyette & Woods upped their price objective on The Carlyle Group from $51.00 to $55.00 and gave the company a “market perform” rating in a research note on Friday, November 8th. Evercore ISI upped their price objective 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 dropped their price target on The Carlyle Group from $56.00 to $54.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 12th. Finally, Wolfe Research upgraded The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price target on the stock in a research report on Friday, January 3rd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company. According to data from MarketBeat, The Carlyle Group currently has a consensus rating of “Hold” and a consensus 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.