JOYN Advisors Inc. decreased its holdings in The Carlyle Group LP (NASDAQ:CG) by 5.5% in the 1st quarter, HoldingsChannel.com reports. The firm owned 10,851 shares of the financial services provider’s stock after selling 630 shares during the quarter. JOYN Advisors Inc.’s holdings in The Carlyle Group were worth $198,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Morgan Stanley increased its position in The Carlyle Group by 8.2% in the third quarter. Morgan Stanley now owns 8,131,576 shares of the financial services provider’s stock worth $183,368,000 after buying an additional 619,635 shares during the period. JPMorgan Chase & Co. boosted its position in shares of The Carlyle Group by 18.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,802,418 shares of the financial services provider’s stock valued at $40,644,000 after purchasing an additional 275,990 shares during the period. Bank of Montreal Can boosted its position in shares of The Carlyle Group by 36.8% in the 1st quarter. Bank of Montreal Can now owns 1,651,100 shares of the financial services provider’s stock valued at $30,183,000 after purchasing an additional 444,000 shares during the period. Partners Group Holding AG boosted its position in shares of The Carlyle Group by 3.1% in the 4th quarter. Partners Group Holding AG now owns 1,365,703 shares of the financial services provider’s stock valued at $21,510,000 after purchasing an additional 41,357 shares during the period. Finally, Markel Corp boosted its position in shares of The Carlyle Group by 4.7% in the 1st quarter. Markel Corp now owns 1,144,000 shares of the financial services provider’s stock valued at $20,912,000 after purchasing an additional 51,000 shares during the period. 43.27% of the stock is owned by institutional investors and hedge funds.

CG has been the subject of several research analyst reports. BidaskClub downgraded The Carlyle Group from a “hold” rating to a “sell” rating in a research note on Tuesday, April 9th. Canaccord Genuity reissued an “average” rating and issued a $9.00 price objective on shares of The Carlyle Group in a research note on Monday, March 25th. CIBC reissued a “hold” rating and issued a $9.00 price objective on shares of The Carlyle Group in a research note on Monday, April 8th. ValuEngine raised The Carlyle Group from a “hold” rating to a “buy” rating in a research note on Friday, May 3rd. Finally, Credit Suisse Group downgraded The Carlyle Group from an “outperform” rating to a “neutral” rating and set a $22.00 price objective on the stock. in a research note on Tuesday. Eight analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $21.00.

CG opened at $20.27 on Friday. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of 7.70 and a beta of 1.70. The company has a current ratio of 2.81, a quick ratio of 2.80 and a debt-to-equity ratio of 2.04. The Carlyle Group LP has a 12-month low of $15.09 and a 12-month high of $25.25.

The Carlyle Group (NASDAQ:CG) last released its earnings results on Wednesday, May 1st. The financial services provider reported $0.25 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.35 by ($0.10). The business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $487.45 million. The Carlyle Group had a net margin of 7.60% and a return on equity of 6.82%. The business’s quarterly revenue was up 54.7% compared to the same quarter last year. During the same period last year, the business earned $0.47 EPS. Research analysts expect that The Carlyle Group LP will post 1.68 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 21st. Shareholders of record on Monday, May 13th were issued a $0.19 dividend. This represents a $0.76 dividend on an annualized basis and a yield of 3.75%. The ex-dividend date was Friday, May 10th. The Carlyle Group’s dividend payout ratio (DPR) is currently 28.90%.

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The Carlyle Group Company Profile

The Carlyle Group L.P. 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.

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Institutional Ownership by Quarter for The Carlyle Group (NASDAQ:CG)

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