Siemens Fonds Invest GmbH Takes $90,000 Position in The Carlyle Group Inc. (NASDAQ:CG)

Siemens Fonds Invest GmbH purchased a new stake in shares of The Carlyle Group Inc. (NASDAQ:CG) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 1,781 shares of the financial services provider’s stock, valued at approximately $90,000.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Arizona State Retirement System increased its position in shares of The Carlyle Group by 0.3% during the fourth quarter. Arizona State Retirement System now owns 67,239 shares of the financial services provider’s stock valued at $3,395,000 after buying an additional 220 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. increased its stake in shares of The Carlyle Group by 0.3% during the fourth quarter. Deroy & Devereaux Private Investment Counsel Inc. now owns 80,820 shares of the financial services provider’s stock valued at $4,081,000 after purchasing an additional 225 shares in the last quarter. Aviva PLC increased its stake in shares of The Carlyle Group by 1.3% during the fourth quarter. Aviva PLC now owns 17,408 shares of the financial services provider’s stock valued at $879,000 after purchasing an additional 227 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of The Carlyle Group by 0.6% during the fourth quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 46,607 shares of the financial services provider’s stock valued at $2,353,000 after purchasing an additional 258 shares in the last quarter. Finally, O ROURKE & COMPANY Inc increased its stake in shares of The Carlyle Group by 1.5% during the fourth quarter. O ROURKE & COMPANY Inc now owns 17,990 shares of the financial services provider’s stock valued at $908,000 after purchasing an additional 266 shares in the last quarter. Hedge funds and other institutional investors own 55.88% of the company’s stock.

The Carlyle Group Stock Up 0.9%

Shares of The Carlyle Group stock opened at $47.42 on Monday. The company has a market cap of $17.13 billion, a price-to-earnings ratio of 17.06, a price-to-earnings-growth ratio of 0.98 and a beta of 1.85. The company’s 50 day moving average is $40.74 and its 200 day moving average is $47.83. The Carlyle Group Inc. has a twelve month low of $33.02 and a twelve month high of $57.50. 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 data on Friday, May 9th. The financial services provider reported $1.14 earnings per share for the quarter, beating analysts’ consensus estimates of $0.97 by $0.17. The company had revenue of $973.10 million for the quarter, compared to the consensus estimate of $972.27 million. The Carlyle Group had a net margin of 18.81% and a return on equity of 24.02%. The firm’s revenue for the quarter was up 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.01 earnings per share. Research analysts anticipate that The Carlyle Group Inc. will post 4.48 EPS for the current year.

The Carlyle Group Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, May 27th. Investors of record on Monday, May 19th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Monday, May 19th. This represents a $1.40 dividend on an annualized basis and a yield of 2.95%. The Carlyle Group’s dividend payout ratio (DPR) is 47.46%.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Wells Fargo & Company decreased their target price on shares of The Carlyle Group from $48.00 to $39.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 8th. Evercore ISI raised their target price on shares of 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. JMP Securities decreased their target price on shares of The Carlyle Group from $62.00 to $58.00 and set a “market outperform” rating for the company in a research note on Tuesday, April 8th. StockNews.com cut shares of The Carlyle Group from a “hold” rating to a “sell” rating in a report on Thursday, February 20th. Finally, Morgan Stanley cut their price target on shares of The Carlyle Group from $57.00 to $44.00 and set an “equal weight” rating on the stock in a report on Monday, April 14th. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $52.33.

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.