The Carlyle Group Target of Unusually Large Options Trading (NASDAQ:CG)

The Carlyle Group Inc. (NASDAQ:CG) was the target of unusually large options trading on Monday. Stock traders acquired 6,629 call options on the stock. This is an increase of 280% compared to the average daily volume of 1,746 call options.

Hedge Funds Weigh In On The Carlyle Group

A number of institutional investors have recently made changes to their positions in CG. Golden State Wealth Management LLC bought a new position in shares of The Carlyle Group during the 4th quarter valued at $25,000. National Pension Service purchased a new stake in The Carlyle Group during the 4th quarter valued at $25,000. Valley National Advisers Inc. boosted its position in The Carlyle Group by 149.3% during the 4th quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider’s stock valued at $27,000 after buying an additional 327 shares during the period. Nisa Investment Advisors LLC boosted its position in The Carlyle Group by 253.1% during the 4th quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider’s stock valued at $29,000 after buying an additional 405 shares during the period. Finally, Main Street Group LTD purchased a new stake in The Carlyle Group during the 4th quarter valued at $29,000. Institutional investors own 55.88% of the company’s stock.

The Carlyle Group Stock Up 4.1 %

The Carlyle Group stock traded up $1.81 during midday trading on Monday, hitting $45.94. 163,935 shares of the stock were exchanged, compared to its average volume of 2,302,670. The stock has a market capitalization of $16.59 billion, a price-to-earnings ratio of 16.53, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73. 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 business’s 50-day moving average price is $50.05 and its 200-day moving average price is $49.31. The Carlyle Group has a 52-week low of $36.65 and a 52-week high of $57.50.

The Carlyle Group (NASDAQ:CG) last announced its quarterly 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 net margin of 18.81% and a return on equity of 24.02%. On average, research analysts expect that The Carlyle Group will post 4.48 EPS for the current fiscal year.

The Carlyle Group Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.05%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group’s payout ratio is 50.36%.

Analyst Ratings Changes

CG has been the subject of several research reports. Wells Fargo & Company dropped their price target on The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating for the company in a report on Thursday. Barclays dropped their price target on The Carlyle Group from $60.00 to $55.00 and set an “overweight” rating for the company in a report on Wednesday, February 12th. StockNews.com cut The Carlyle Group from a “hold” rating to a “sell” rating in a research report on Thursday, February 20th. Wolfe Research upgraded shares of The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price objective on the stock in a research note on Friday, January 3rd. Finally, Evercore ISI lifted their price objective 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, nine have assigned a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $54.53.

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.