AlphaQuest LLC Has $198,000 Stock Holdings in The Carlyle Group Inc. (NASDAQ:CG)

AlphaQuest LLC cut its holdings in The Carlyle Group Inc. (NASDAQ:CG) by 79.5% in the fourth quarter, HoldingsChannel reports. The firm owned 3,916 shares of the financial services provider’s stock after selling 15,226 shares during the period. AlphaQuest LLC’s holdings in The Carlyle Group were worth $198,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of CG. Atria Investments Inc boosted its holdings in The Carlyle Group by 283.9% in the third quarter. Atria Investments Inc now owns 19,861 shares of the financial services provider’s stock worth $855,000 after purchasing an additional 14,687 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. boosted its holdings in The Carlyle Group by 2.1% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 501,647 shares of the financial services provider’s stock valued at $21,601,000 after acquiring an additional 10,448 shares during the period. KBC Group NV boosted its holdings in The Carlyle Group by 1.9% during the third quarter. KBC Group NV now owns 54,539 shares of the financial services provider’s stock valued at $2,349,000 after acquiring an additional 1,024 shares during the period. CIBC Asset Management Inc boosted its holdings in The Carlyle Group by 4.9% during the third quarter. CIBC Asset Management Inc now owns 12,183 shares of the financial services provider’s stock valued at $525,000 after acquiring an additional 569 shares during the period. Finally, Empowered Funds LLC boosted its holdings in The Carlyle Group by 443.1% during the third quarter. Empowered Funds LLC now owns 157,674 shares of the financial services provider’s stock valued at $6,789,000 after acquiring an additional 128,644 shares during the period. 55.88% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wolfe Research upgraded 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 report on Friday, January 3rd. Barclays decreased their price target on shares of The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. Wells Fargo & Company decreased their price target on shares of The Carlyle Group from $56.00 to $54.00 and set an “equal weight” rating for the company in a report on Wednesday, February 12th. 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, Evercore ISI increased 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. One research 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. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $54.93.

The Carlyle Group Stock Performance

NASDAQ:CG opened at $42.36 on Monday. The Carlyle Group Inc. has a 12-month low of $36.65 and a 12-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 firm has a market capitalization of $15.30 billion, a PE ratio of 15.24, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73. The firm has a 50-day moving average price of $50.89 and a 200 day moving average price of $49.16.

The Carlyle Group (NASDAQ:CG) last posted its quarterly earnings data on Monday, February 10th. The financial services provider reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. Research analysts anticipate that The Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

The Carlyle Group Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 3.31%. The ex-dividend date was Friday, February 21st. The Carlyle Group’s payout ratio is 50.36%.

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.