The Carlyle Group L.P. (NASDAQ:CG) had its price target upped by Morgan Stanley from $25.00 to $27.00 in a report released on Thursday. They currently have an overweight rating on the financial services provider’s stock.

A number of other research analysts have also recently weighed in on CG. BidaskClub raised shares of The Carlyle Group L.P. from a hold rating to a buy rating in a research note on Tuesday, September 26th. Zacks Investment Research raised shares of The Carlyle Group L.P. from a hold rating to a buy rating and set a $27.00 price objective for the company in a research note on Tuesday, October 3rd. Deutsche Bank AG raised their price objective on shares of The Carlyle Group L.P. from $19.00 to $20.00 and gave the stock a hold rating in a research note on Thursday, August 3rd. Keefe, Bruyette & Woods reissued a buy rating and set a $25.00 price objective on shares of The Carlyle Group L.P. in a research note on Wednesday, August 16th. Finally, TheStreet raised shares of The Carlyle Group L.P. from a d rating to a c- rating in a research note on Wednesday, August 2nd. Six equities research analysts have rated the stock with a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of $23.89.

Shares of The Carlyle Group L.P. (NASDAQ CG) traded down 1.43% on Thursday, hitting $24.15. The stock had a trading volume of 434,060 shares. The company’s 50 day moving average is $22.39 and its 200 day moving average is $19.42. The stock has a market cap of $2.20 billion, a PE ratio of 56.56 and a beta of 1.84. The Carlyle Group L.P. has a one year low of $14.35 and a one year high of $24.85.

The Carlyle Group L.P. (NASDAQ:CG) last issued its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $0.81 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.37. The Carlyle Group L.P. had a net margin of 4.13% and a return on equity of 41.32%. The business had revenue of $908.40 million during the quarter, compared to analysts’ expectations of $696.36 million. During the same period last year, the company posted $0.35 EPS. Equities research analysts predict that The Carlyle Group L.P. will post $2.85 EPS for the current fiscal year.

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In other The Carlyle Group L.P. news, insider Pamela L. Bentley sold 17,760 shares of The Carlyle Group L.P. stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $21.25, for a total value of $377,400.00. Following the transaction, the insider now owns 143,942 shares in the company, valued at approximately $3,058,767.50. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Curtis L. Buser sold 20,968 shares of The Carlyle Group L.P. stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $21.25, for a total transaction of $445,570.00. Following the completion of the transaction, the chief financial officer now owns 354,610 shares in the company, valued at approximately $7,535,462.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 62,013 shares of company stock worth $1,317,776.

Institutional investors and hedge funds have recently made changes to their positions in the business. Bronfman E.L. Rothschild L.P. boosted its holdings in shares of The Carlyle Group L.P. by 2,205.9% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 5,096 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 4,875 shares during the last quarter. Penserra Capital Management LLC boosted its holdings in shares of The Carlyle Group L.P. by 8.7% in the 2nd quarter. Penserra Capital Management LLC now owns 5,254 shares of the financial services provider’s stock valued at $103,000 after purchasing an additional 419 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of The Carlyle Group L.P. by 1.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 10,241 shares of the financial services provider’s stock valued at $163,000 after purchasing an additional 144 shares during the last quarter. Pathstone Family Office LLC boosted its holdings in shares of The Carlyle Group L.P. by 1,660.0% in the 2nd quarter. Pathstone Family Office LLC now owns 8,800 shares of the financial services provider’s stock valued at $173,000 after purchasing an additional 8,300 shares during the last quarter. Finally, Virtu KCG Holdings LLC acquired a new position in shares of The Carlyle Group L.P. in the 2nd quarter valued at $223,000. Institutional investors own 40.65% of the company’s stock.

The Carlyle Group L.P. Company Profile

The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company operates in four segments: Corporate Private Equity (CPE), Real Assets, Global Market Strategies (GMS) and Investment Solutions. Corporate Private Equity advises its buyout and growth capital funds, which pursue various corporate investments of different sizes and growth potentials.

Analyst Recommendations for The Carlyle Group L.P. (NASDAQ:CG)

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