The Carlyle Group Inc. (NASDAQ:CG) Short Interest Update

The Carlyle Group Inc. (NASDAQ:CG) saw a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 8,860,000 shares, a decrease of 6.5% from the January 15th total of 9,480,000 shares. Based on an average daily trading volume, of 2,340,000 shares, the short-interest ratio is presently 3.8 days. Currently, 3.5% of the company’s shares are short sold.

The Carlyle Group Stock Performance

NASDAQ:CG traded up $0.74 during midday trading on Monday, hitting $51.77. The company’s stock had a trading volume of 3,989,413 shares, compared to its average volume of 1,799,539. The firm has a market cap of $18.52 billion, a P/E ratio of 178.52, a P/E/G ratio of 0.92 and a beta of 1.70. The Carlyle Group has a fifty-two week low of $36.65 and a fifty-two week high of $57.50. The firm’s 50 day moving average is $52.66 and its 200-day moving average is $48.33. The company has a debt-to-equity ratio of 1.38, a current ratio of 2.32 and a quick ratio of 2.32.

The Carlyle Group (NASDAQ:CG) last issued its earnings results on Monday, February 10th. The financial services provider reported $0.92 EPS for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.91% and a net margin of 2.21%. Equities analysts anticipate that The Carlyle Group will post 3.73 earnings per share for the current fiscal year.

The Carlyle Group Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Friday, February 21st will be issued a $0.35 dividend. The ex-dividend date of this dividend is Friday, February 21st. This represents a $1.40 dividend on an annualized basis and a yield of 2.70%. The Carlyle Group’s payout ratio is 482.76%.

Institutional Trading of The Carlyle Group

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Golden State Wealth Management LLC acquired a new stake in The Carlyle Group in the 4th quarter worth about $25,000. National Pension Service acquired a new stake in shares of The Carlyle Group in the fourth quarter worth approximately $25,000. Valley National Advisers Inc. increased its position in shares of The Carlyle Group by 149.3% during the fourth quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 327 shares in the last quarter. Nisa Investment Advisors LLC lifted its holdings in 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 valued at $29,000 after purchasing an additional 405 shares in the last quarter. Finally, Main Street Group LTD purchased a new stake in shares of The Carlyle Group during the fourth quarter worth $29,000. 55.88% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on CG shares. Evercore ISI raised their price target on The Carlyle Group from $51.00 to $52.00 and gave the stock an “in-line” rating in a research note on Wednesday, February 12th. Keefe, Bruyette & Woods lifted their target price on The Carlyle Group from $51.00 to $55.00 and gave the stock a “market perform” rating in a research report on Friday, November 8th. JPMorgan Chase & Co. upped their price target on shares of The Carlyle Group from $44.00 to $50.00 and gave the stock a “neutral” rating in a report on Wednesday, October 23rd. UBS Group boosted their price objective on shares of The Carlyle Group from $43.00 to $54.00 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd. Finally, TD Cowen boosted their price target on The Carlyle Group from $43.00 to $49.00 and gave the company a “hold” rating in a report on Friday, November 8th. Nine investment analysts have rated the stock with a hold rating and seven have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $54.93.

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.