Partners Group Holding AG Has $17.19 Million Holdings in The Carlyle Group Inc. (NASDAQ:CG)

Partners Group Holding AG lowered its holdings in The Carlyle Group Inc. (NASDAQ:CG) by 21.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 340,523 shares of the financial services provider’s stock after selling 95,189 shares during the quarter. Partners Group Holding AG’s holdings in The Carlyle Group were worth $17,193,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in 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. LPL Financial LLC grew its stake in shares of The Carlyle Group by 36.1% during the fourth quarter. LPL Financial LLC now owns 165,220 shares of the financial services provider’s stock valued at $8,342,000 after purchasing an additional 43,865 shares during the last quarter. KLP Kapitalforvaltning AS bought a new position in The Carlyle Group in the 4th quarter worth approximately $3,575,000. Sei Investments Co. boosted its position in The Carlyle Group by 16.9% in the 4th quarter. Sei Investments Co. now owns 55,609 shares of the financial services provider’s stock valued at $2,807,000 after buying an additional 8,027 shares during the last quarter. Finally, American Century Companies Inc. raised its position in shares of The Carlyle Group by 2.3% during the fourth quarter. American Century Companies Inc. now owns 66,678 shares of the financial services provider’s stock worth $3,367,000 after acquiring an additional 1,495 shares during the last quarter. 55.88% of the stock is currently owned by institutional investors and hedge funds.

The Carlyle Group Price Performance

CG stock opened at $44.13 on Friday. The stock has a market cap of $15.94 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73. The stock has a 50-day moving average price of $50.05 and a two-hundred day moving average price of $49.23. 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 Carlyle Group (NASDAQ:CG) last released 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%. Equities analysts forecast 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. Shareholders of record on Friday, February 21st were paid a $0.35 dividend. The ex-dividend date was Friday, February 21st. This represents a $1.40 annualized dividend and a yield of 3.17%. The Carlyle Group’s payout ratio is currently 50.36%.

Wall Street Analyst Weigh In

A number of analysts recently commented on CG shares. Barclays lowered their price objective on 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. Wells Fargo & Company dropped 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 note on Thursday. Evercore ISI upped 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 report on Wednesday, February 12th. StockNews.com cut The Carlyle Group from a “hold” rating to a “sell” rating in a research note on Thursday, February 20th. Finally, Oppenheimer lowered The Carlyle Group from an “outperform” rating to a “market perform” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $54.53.

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.