Weekly Research Analysts’ Ratings Updates for The Carlyle Group (CG)

The Carlyle Group (NASDAQ: CG) recently received a number of ratings updates from brokerages and research firms:

  • 1/10/2019 – The Carlyle Group was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 1/8/2019 – The Carlyle Group was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “The Carlyle Group is a global alternative asset manager. The Company invests across four segments: Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Funds Solutions in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Its Corporate Private Equity segment advises the Company’s buyout and growth capital funds. The Real Assets segment advises the Company’s United States and internationally-focused real estate and infrastructure funds, energy and renewable resources funds. Its Global Market Strategies segment advises a group of funds that pursue investment opportunities across various types of credit, equities and alternative instruments and currencies, commodities and interest rate products and their derivatives. Its Fund of Funds Solutions segment advises a global private equity fund of funds program and related co-investment and secondary activities. The Carlyle Group is based in Washington, District of Columbia. “
  • 1/8/2019 – The Carlyle Group had its “average” rating reaffirmed by analysts at Canaccord Genuity. They now have a $9.50 price target on the stock.
  • 1/4/2019 – The Carlyle Group was upgraded by analysts at Goldman Sachs Group Inc from a “neutral” rating to a “buy” rating. They now have a $21.00 price target on the stock.
  • 1/1/2019 – The Carlyle Group was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “The Carlyle Group is a global alternative asset manager. The Company invests across four segments: Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Funds Solutions in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Its Corporate Private Equity segment advises the Company’s buyout and growth capital funds. The Real Assets segment advises the Company’s United States and internationally-focused real estate and infrastructure funds, energy and renewable resources funds. Its Global Market Strategies segment advises a group of funds that pursue investment opportunities across various types of credit, equities and alternative instruments and currencies, commodities and interest rate products and their derivatives. Its Fund of Funds Solutions segment advises a global private equity fund of funds program and related co-investment and secondary activities. The Carlyle Group is based in Washington, District of Columbia. “
  • 12/25/2018 – The Carlyle Group was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 12/12/2018 – The Carlyle Group had its “average” rating reaffirmed by analysts at Royal Bank of Canada. They now have a $7.00 price target on the stock.
  • 12/4/2018 – The Carlyle Group was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 11/28/2018 – The Carlyle Group had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $7.50 price target on the stock.
  • 11/23/2018 – The Carlyle Group was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating.
  • 11/23/2018 – The Carlyle Group was upgraded by analysts at ValuEngine from a “strong sell” rating to a “sell” rating.
  • 11/17/2018 – The Carlyle Group was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 11/16/2018 – The Carlyle Group had its price target lowered by analysts at Deutsche Bank AG from $23.00 to $21.00. They now have a “hold” rating on the stock.
  • 11/15/2018 – The Carlyle Group was downgraded by analysts at ValuEngine from a “sell” rating to a “strong sell” rating.
  • 11/14/2018 – The Carlyle Group was downgraded by analysts at Morgan Stanley from an “overweight” rating to an “equal weight” rating. They now have a $23.00 price target on the stock.

The Carlyle Group stock traded down $0.08 on Friday, hitting $17.17. 591,233 shares of the stock traded hands, compared to its average volume of 634,854. The company has a current ratio of 0.68, a quick ratio of 0.61 and a debt-to-equity ratio of 2.35. The firm has a market capitalization of $1.87 billion, a P/E ratio of 4.95 and a beta of 1.56. The Carlyle Group LP has a 1 year low of $15.09 and a 1 year high of $25.90.

The Carlyle Group (NASDAQ:CG) last announced its quarterly earnings data on Wednesday, October 31st. The financial services provider reported $0.25 EPS for the quarter, missing the consensus estimate of $0.49 by ($0.24). The firm had revenue of $679.10 million for the quarter, compared to analysts’ expectations of $660.04 million. The Carlyle Group had a net margin of 5.47% and a return on equity of 26.30%. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same period in the prior year, the business posted $0.56 EPS. Analysts predict that The Carlyle Group LP will post 1.68 earnings per share for the current year.

In related news, Director Janet Hill purchased 5,000 shares of the stock in a transaction dated Monday, November 5th. The stock was purchased at an average price of $20.19 per share, with a total value of $100,950.00. Following the transaction, the director now directly owns 41,680 shares in the company, valued at $841,519.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Morgan Stanley grew its stake in shares of The Carlyle Group by 8.2% during the 3rd quarter. Morgan Stanley now owns 8,131,576 shares of the financial services provider’s stock valued at $183,368,000 after acquiring an additional 619,635 shares during the period. Artemis Investment Management LLP grew its stake in shares of The Carlyle Group by 11.4% during the 3rd quarter. Artemis Investment Management LLP now owns 3,647,420 shares of the financial services provider’s stock valued at $82,338,000 after acquiring an additional 373,658 shares during the period. Deutsche Bank AG grew its stake in shares of The Carlyle Group by 20.7% during the 3rd quarter. Deutsche Bank AG now owns 1,830,175 shares of the financial services provider’s stock valued at $41,269,000 after acquiring an additional 314,019 shares during the period. JPMorgan Chase & Co. grew its stake in shares of The Carlyle Group by 18.1% during 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 acquiring an additional 275,990 shares during the period. Finally, Markel Corp lifted its holdings in The Carlyle Group by 4.1% in the 3rd quarter. Markel Corp now owns 1,090,000 shares of the financial services provider’s stock worth $24,580,000 after purchasing an additional 42,500 shares in the last quarter. Institutional investors own 41.66% of the company’s stock.

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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