Natixis Advisors LLC Buys 38,919 Shares of The Carlyle Group Inc. (NASDAQ:CG)

Natixis Advisors LLC boosted its stake in The Carlyle Group Inc. (NASDAQ:CG) by 260.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 53,878 shares of the financial services provider’s stock after acquiring an additional 38,919 shares during the period. Natixis Advisors LLC’s holdings in The Carlyle Group were worth $2,720,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. FMR LLC lifted its stake in The Carlyle Group by 72.8% in the third quarter. FMR LLC now owns 4,051,757 shares of the financial services provider’s stock valued at $174,469,000 after buying an additional 1,707,520 shares during the period. Raymond James Financial Inc. acquired a new position in The Carlyle Group in the fourth quarter valued at approximately $83,784,000. JPMorgan Chase & Co. lifted its stake in The Carlyle Group by 68.1% in the third quarter. JPMorgan Chase & Co. now owns 1,919,439 shares of the financial services provider’s stock valued at $82,651,000 after buying an additional 777,304 shares during the period. Amundi lifted its stake in The Carlyle Group by 33.6% in the fourth quarter. Amundi now owns 2,364,231 shares of the financial services provider’s stock valued at $123,673,000 after buying an additional 594,661 shares during the period. Finally, Massachusetts Financial Services Co. MA lifted its stake in The Carlyle Group by 22.8% in the third quarter. Massachusetts Financial Services Co. MA now owns 2,107,301 shares of the financial services provider’s stock valued at $90,740,000 after buying an additional 391,553 shares during the period. 55.88% of the stock is currently owned by institutional investors.

The Carlyle Group Stock Up 0.7 %

Shares of NASDAQ:CG opened at $44.13 on Monday. The company has a market capitalization of $15.94 billion, a PE ratio of 15.87, a price-to-earnings-growth ratio of 0.98 and a beta of 1.73. The company has a debt-to-equity ratio of 1.42, a current ratio of 2.32 and a quick ratio of 2.32. The business has a fifty day moving average price of $50.05 and a two-hundred day moving average price of $49.31. The Carlyle Group Inc. has a 1 year low of $36.65 and a 1 year high of $57.50.

The Carlyle Group (NASDAQ:CG) last announced its quarterly earnings data on Monday, February 10th. The financial services provider reported $0.92 earnings per share (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%. Analysts forecast that The Carlyle Group Inc. will post 4.48 earnings per share for the current year.

The Carlyle Group Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were paid a dividend of $0.35 per share. The ex-dividend date of this dividend was Friday, February 21st. This represents a $1.40 annualized dividend and a dividend yield of 3.17%. The Carlyle Group’s payout ratio is 50.36%.

Analyst Ratings Changes

Several brokerages have issued reports on CG. Wells Fargo & Company dropped their price target on The Carlyle Group from $54.00 to $48.00 and set an “equal weight” rating on the stock in a research note on Thursday. Oppenheimer lowered The Carlyle Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, March 19th. Evercore ISI upped their target price on The Carlyle Group from $51.00 to $52.00 and gave the stock an “in-line” rating in a research report on Wednesday, February 12th. Wolfe Research raised The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 target price on the stock in a research report on Friday, January 3rd. Finally, StockNews.com lowered The Carlyle Group from a “hold” rating to a “sell” rating in a research report on Thursday, February 20th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target 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.