Oregon Public Employees Retirement Fund Increases Stake in The Carlyle Group Inc. (NASDAQ:CG)

Oregon Public Employees Retirement Fund grew its position in The Carlyle Group Inc. (NASDAQ:CG) by 0.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,979 shares of the financial services provider’s stock after acquiring an additional 400 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in The Carlyle Group were worth $2,170,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in CG. Golden State Wealth Management LLC bought a new position in shares of The Carlyle Group in the fourth quarter worth about $25,000. National Pension Service bought a new position in shares of The Carlyle Group in the fourth quarter worth about $25,000. Valley National Advisers Inc. grew its holdings in shares of The Carlyle Group by 149.3% in the fourth quarter. Valley National Advisers Inc. now owns 546 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 327 shares during the last quarter. Nisa Investment Advisors LLC grew its holdings in shares of The Carlyle Group by 253.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 565 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 405 shares during the last quarter. Finally, Brooklyn Investment Group bought a new position in shares of The Carlyle Group in the third quarter worth about $33,000. Hedge funds and other institutional investors own 55.88% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the stock. Oppenheimer increased their target price on shares of The Carlyle Group from $78.00 to $85.00 and gave the stock an “outperform” rating in a report on Monday, November 11th. Evercore ISI increased their target price on shares of The Carlyle Group from $51.00 to $52.00 and gave the stock an “in-line” rating in a report on Wednesday, February 12th. Keefe, Bruyette & Woods increased their target price on shares of The Carlyle Group from $51.00 to $55.00 and gave the stock a “market perform” rating in a report on Friday, November 8th. Wolfe Research upgraded shares of The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 target price on the stock in a report on Friday, January 3rd. Finally, Wells Fargo & Company lowered their price target on shares of The Carlyle Group from $56.00 to $54.00 and set an “equal weight” rating on the stock in a report on Wednesday, February 12th. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $54.93.

The Carlyle Group Stock Performance

CG opened at $48.54 on Friday. The Carlyle Group Inc. has a 12-month low of $36.65 and a 12-month high of $57.50. The company has a current ratio of 2.32, a quick ratio of 2.32 and a debt-to-equity ratio of 1.42. The firm has a market capitalization of $17.36 billion, a PE ratio of 17.46, a P/E/G ratio of 0.98 and a beta of 1.70. The firm has a 50 day moving average of $52.44 and a two-hundred day moving average of $48.79.

The Carlyle Group (NASDAQ:CG) last posted its quarterly earnings results 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 return on equity of 24.02% and a net margin of 18.81%. On average, analysts anticipate that The Carlyle Group Inc. will post 4.48 EPS for the current year.

The Carlyle Group Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, February 21st will be issued a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 2.88%. The ex-dividend date is Friday, February 21st. The Carlyle Group’s dividend payout ratio (DPR) is 50.36%.

The Carlyle Group 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.