Texas Yale Capital Corp. Purchases 11,310 Shares of Carlyle Group Inc. $CG

Texas Yale Capital Corp. grew its position in shares of Carlyle Group Inc. (NASDAQ:CG) by 11.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 108,009 shares of the financial services provider’s stock after acquiring an additional 11,310 shares during the period. Texas Yale Capital Corp.’s holdings in Carlyle Group were worth $6,772,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. AQR Capital Management LLC raised its position in Carlyle Group by 937.5% during the 1st quarter. AQR Capital Management LLC now owns 57,335 shares of the financial services provider’s stock valued at $2,499,000 after purchasing an additional 51,809 shares during the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Carlyle Group by 40.9% during the first quarter. Goldman Sachs Group Inc. now owns 1,144,974 shares of the financial services provider’s stock valued at $49,909,000 after acquiring an additional 332,533 shares in the last quarter. Empowered Funds LLC boosted its holdings in Carlyle Group by 3.4% in the first quarter. Empowered Funds LLC now owns 48,237 shares of the financial services provider’s stock valued at $2,103,000 after acquiring an additional 1,579 shares in the last quarter. Focus Partners Wealth raised its holdings in Carlyle Group by 27.4% in the 1st quarter. Focus Partners Wealth now owns 5,434 shares of the financial services provider’s stock worth $237,000 after purchasing an additional 1,169 shares in the last quarter. Finally, Geneos Wealth Management Inc. lifted its position in shares of Carlyle Group by 755.3% in the 1st quarter. Geneos Wealth Management Inc. now owns 650 shares of the financial services provider’s stock worth $28,000 after purchasing an additional 574 shares during the period. Hedge funds and other institutional investors own 55.88% of the company’s stock.

Insider Buying and Selling at Carlyle Group

In related news, Director David M. Rubenstein sold 625,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 10th. The stock was sold at an average price of $56.55, for a total value of $35,343,750.00. Following the transaction, the director directly owned 27,999,644 shares of the company’s stock, valued at approximately $1,583,379,868.20. This represents a 2.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 26.30% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. Evercore boosted their price target on shares of Carlyle Group from $57.00 to $62.00 and gave the company an “in-line” rating in a research report on Thursday, January 22nd. UBS Group increased their target price on Carlyle Group from $74.00 to $81.00 and gave the stock a “buy” rating in a research report on Tuesday, January 13th. TD Cowen restated a “buy” rating on shares of Carlyle Group in a research report on Wednesday, January 14th. JPMorgan Chase & Co. increased their price objective on Carlyle Group from $66.00 to $67.00 and gave the stock a “neutral” rating in a report on Tuesday, February 10th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Carlyle Group in a report on Wednesday, January 21st. Seven equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Carlyle Group presently has an average rating of “Hold” and an average target price of $68.08.

Carlyle Group Stock Up 0.1%

Shares of NASDAQ:CG opened at $54.49 on Monday. The company has a current ratio of 2.49, a quick ratio of 2.49 and a debt-to-equity ratio of 1.78. The stock has a fifty day simple moving average of $60.52 and a two-hundred day simple moving average of $60.09. Carlyle Group Inc. has a 12-month low of $33.02 and a 12-month high of $69.85. The stock has a market capitalization of $19.64 billion, a price-to-earnings ratio of 25.00, a PEG ratio of 1.06 and a beta of 2.05.

Carlyle Group (NASDAQ:CG) last issued its quarterly earnings results on Friday, February 6th. The financial services provider reported $1.01 earnings per share for the quarter, missing the consensus estimate of $1.04 by ($0.03). The company had revenue of $1.90 billion for the quarter, compared to the consensus estimate of $1.09 billion. Carlyle Group had a net margin of 16.92% and a return on equity of 23.98%. Carlyle Group’s revenue was up 84.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.92 earnings per share. On average, research analysts anticipate that Carlyle Group Inc. will post 4.48 earnings per share for the current fiscal year.

Carlyle Group Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, February 20th. Stockholders of record on Monday, February 16th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, February 13th. Carlyle Group’s dividend payout ratio is currently 64.22%.

Carlyle Group Company Profile

The Carlyle Group (NASDAQ: CG) is a global alternative asset manager that invests across a range of strategies including private equity, real assets (such as real estate and infrastructure), global credit, and investment solutions. Founded in 1987 and headquartered in Washington, DC, Carlyle raises and manages investment funds that acquire, operate and exit companies and assets on behalf of institutional and private investors. The firm is publicly traded on the Nasdaq exchange and operates as an asset manager and investment advisor rather than as an operating company.

Carlyle’s core activities include sourcing and executing private equity buyouts and growth investments, originating and managing credit and financing solutions, and acquiring and operating real asset portfolios.