DMC Group LLC Buys 283 Shares of The Carlyle Group Inc. (NASDAQ:CG)

DMC Group LLC boosted its stake in shares of The Carlyle Group Inc. (NASDAQ:CG) by 4.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,932 shares of the financial services provider’s stock after acquiring an additional 283 shares during the quarter. DMC Group LLC’s holdings in The Carlyle Group were worth $350,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of the stock. Nisa Investment Advisors LLC increased its stake in shares of The Carlyle Group by 253.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider’s stock worth $29,000 after acquiring an additional 405 shares in the last quarter. Brooklyn Investment Group bought a new position in shares of The Carlyle Group during the third quarter valued at approximately $33,000. Tobam boosted its position in shares of The Carlyle Group by 32.8% in the 3rd quarter. Tobam now owns 890 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 220 shares in the last quarter. Fifth Third Bancorp grew its stake in shares of The Carlyle Group by 53.9% in the 4th quarter. Fifth Third Bancorp now owns 962 shares of the financial services provider’s stock worth $49,000 after buying an additional 337 shares during the last quarter. Finally, Retirement Wealth Solutions LLC bought a new position in The Carlyle Group during the 4th quarter valued at approximately $57,000. 55.88% of the stock is owned by hedge funds and other institutional investors.

The Carlyle Group Stock Performance

The Carlyle Group stock opened at $56.35 on Thursday. The company has a debt-to-equity ratio of 1.38, a quick ratio of 2.32 and a current ratio of 2.32. The Carlyle Group Inc. has a fifty-two week low of $36.65 and a fifty-two week high of $57.50. The stock has a fifty day moving average of $52.81 and a two-hundred day moving average of $47.79. The company has a market capitalization of $20.16 billion, a price-to-earnings ratio of 194.31, a PEG ratio of 0.99 and a beta of 1.69.

The Carlyle Group (NASDAQ:CG) last posted its quarterly earnings data on Wednesday, November 6th. The financial services provider reported $0.95 earnings per share for the quarter, beating analysts’ consensus estimates of $0.87 by $0.08. The business had revenue of $895.00 million during the quarter, compared to analyst estimates of $908.17 million. The Carlyle Group had a net margin of 2.21% and a return on equity of 24.91%. The company’s revenue was up 15.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.87 earnings per share. On average, analysts anticipate that The Carlyle Group Inc. will post 3.8 EPS for the current fiscal year.

Insider Activity

In other news, Director Daniel A. D’aniello sold 495,542 shares of the firm’s stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $51.53, for a total value of $25,535,279.26. Following the transaction, the director now directly owns 32,504,102 shares in the company, valued at $1,674,936,376.06. This trade represents a 1.50 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Corporate insiders own 27.20% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the company. Wells Fargo & Company upped their price target on The Carlyle Group from $54.00 to $56.00 and gave the company an “equal weight” rating in a report on Thursday, December 12th. Morgan Stanley upped their target price on shares of The Carlyle Group from $46.00 to $50.00 and gave the company an “equal weight” rating in a research note on Thursday, October 10th. Barclays lifted their price target on shares of The Carlyle Group from $59.00 to $60.00 and gave the stock an “overweight” rating in a research note on Monday, January 13th. StockNews.com cut shares of The Carlyle Group from a “hold” rating to a “sell” rating in a report on Sunday, December 8th. Finally, Oppenheimer boosted their target price on shares of The Carlyle Group from $78.00 to $85.00 and gave the company an “outperform” rating in a research note on Monday, November 11th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $54.44.

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.