The Carlyle Group Inc. (NASDAQ:CG) Shares Bought by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC raised its position in The Carlyle Group Inc. (NASDAQ:CG) by 24.9% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,951 shares of the financial services provider’s stock after purchasing an additional 4,377 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in The Carlyle Group were worth $881,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the company. PNC Financial Services Group Inc. boosted its holdings in shares of The Carlyle Group by 12.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 29,192 shares of the financial services provider’s stock valued at $1,188,000 after acquiring an additional 3,145 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of The Carlyle Group by 3.5% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 33,356 shares of the financial services provider’s stock valued at $1,357,000 after acquiring an additional 1,141 shares in the last quarter. Hilltop Holdings Inc. boosted its holdings in shares of The Carlyle Group by 8.6% in the fourth quarter. Hilltop Holdings Inc. now owns 20,008 shares of the financial services provider’s stock valued at $814,000 after acquiring an additional 1,588 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in shares of The Carlyle Group by 11.1% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 55,777 shares of the financial services provider’s stock valued at $2,270,000 after acquiring an additional 5,563 shares in the last quarter. Finally, TD Asset Management Inc boosted its holdings in shares of The Carlyle Group by 2.4% in the fourth quarter. TD Asset Management Inc now owns 154,555 shares of the financial services provider’s stock valued at $6,289,000 after acquiring an additional 3,630 shares in the last quarter. Institutional investors and hedge funds own 55.88% of the company’s stock.

Analyst Upgrades and Downgrades

CG has been the subject of several recent analyst reports. Barclays decreased their price objective on shares of The Carlyle Group from $51.00 to $46.00 and set an “overweight” rating for the company in a report on Tuesday, August 6th. Redburn Atlantic started coverage on shares of The Carlyle Group in a research report on Tuesday, August 27th. They issued a “buy” rating and a $55.00 price target on the stock. Deutsche Bank Aktiengesellschaft decreased their price target on shares of The Carlyle Group from $55.00 to $53.00 and set a “buy” rating on the stock in a research report on Thursday, August 15th. TD Cowen lifted their price target on shares of The Carlyle Group from $41.00 to $42.00 and gave the stock a “hold” rating in a research report on Tuesday, August 6th. Finally, UBS Group decreased their price target on shares of The Carlyle Group from $45.00 to $44.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 10th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $45.81.

Insider Activity at The Carlyle Group

In related news, major shareholder Carlyle Group Inc. sold 214,732 shares of The Carlyle Group stock in a transaction on Wednesday, July 24th. The shares were sold at an average price of $38.97, for a total value of $8,368,106.04. Following the completion of the sale, the insider now owns 10,113,040 shares of the company’s stock, valued at approximately $394,105,168.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders sold 1,747,271 shares of company stock valued at $64,316,868. Insiders own 27.20% of the company’s stock.

The Carlyle Group Trading Up 0.5 %

Shares of NASDAQ:CG opened at $43.34 on Wednesday. The firm has a fifty day moving average of $41.89 and a two-hundred day moving average of $42.90. The firm has a market capitalization of $15.60 billion, a P/E ratio of -24.21, a price-to-earnings-growth ratio of 1.13 and a beta of 1.73. The Carlyle Group Inc. has a 12-month low of $27.13 and a 12-month high of $50.92. The company has a quick ratio of 2.55, a current ratio of 2.55 and a debt-to-equity ratio of 1.75.

The Carlyle Group (NASDAQ:CG) last issued its earnings results on Monday, August 5th. The financial services provider reported $0.78 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.83 by ($0.05). The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $808.73 million. The Carlyle Group had a negative net margin of 11.67% and a positive return on equity of 24.30%. The company’s quarterly revenue was up 131.5% on a year-over-year basis. During the same period last year, the business earned $0.88 EPS. On average, equities analysts expect that The Carlyle Group Inc. will post 3.76 EPS for the current fiscal year.

The Carlyle Group Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, August 26th. Shareholders of record on Friday, August 16th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.23%. The ex-dividend date of this dividend was Friday, August 16th. The Carlyle Group’s dividend payout ratio (DPR) is currently -78.21%.

About The Carlyle Group

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.