In a surprising turn of events, it has been revealed that Leuthold Group LLC has made a bold move by purchasing a new stake in The Carlyle Group Inc. (NASDAQ:CG) in the first quarter. According to the latest 13F filing with the Securities & Exchange Commission, the fund acquired 9,619 shares of the renowned financial services provider’s stock, valued at an impressive $299,000.
This news comes just as another report emerges about major shareholder Carlyle Group Inc., who recently sold a whopping 2,000,000 shares of The Carlyle Group’s stock in a transaction on May 8th. At an average price of $86.12 per share, this transaction amounted to a staggering total of $172,240,000. Following this sale, the insider now possesses a substantial 6,482,732 shares of the company’s stock, estimated to be worth approximately $558,292,879.84. The details of this noteworthy transaction were disclosed in a document filed with the SEC and can be accessed through a provided hyperlink. It is worth mentioning that company insiders currently own 27% of The Carlyle Group’s stock.
As shareholders eagerly await further updates on these developments and their potential impact on market dynamics, let us delve into some key details regarding The Carlyle Group’s current standing. With an opening stock price of $31.20 on Thursday and taking into account recent market fluctuations, it is evident that investor sentiment can greatly influence how the company fares in the eyes of shareholders.
Analyzing its performance over time reveals interesting patterns as well; for instance, The Carlyle Group’s fifty-day simple moving average rests at $28.89 while its longer-term two-hundred-day simple moving average stands at $31.11.
But what does all this numerical information really mean? Well for starters, it indicates that investors should pay close attention to fluctuating trends, as they may provide valuable insight into how The Carlyle Group’s stock could perform in the future. Furthermore, it demonstrates the significance of both short-term and long-term market indicators for investors seeking to make informed decisions.
Additionally, other financial metrics paint an intriguing picture of The Carlyle Group’s financial health. With a quick ratio of 2.80–indicating the company’s ability to meet short-term obligations–and a current ratio of 2.82, which further highlights its liquidity position, it is evident that The Carlyle Group is well-positioned in terms of financial stability.
Regarding its debt-to-equity ratio, the company maintains a figure of 1.23. This metric provides valuable information about the proportion between debt and equity financing in a balance sheet and showcases the risk tolerance exhibited by the organization. In this case, one can deduce that The Carlyle Group has opted for a moderate level of leverage to fund its operations while still maintaining a healthy balance between equity and debt.
Despite these positive signs, it is important to take into account some potential risks associated with The Carlyle Group’s stock performance. Its 12-month low stands at $24.59 while its 12-month high is at $39.38—an indication that there may be periods when volatility or other factors affect investor sentiment causing prices to fluctuate unpredictably.
Lastly, let us not forget about The Carlyle Group’s overall market capitalization, which currently sits at an impressive $11.30 billion—an acknowledgment of the company’s strong presence in the industry and its market value as perceived by investors. Coupled with a reasonable P/E ratio of 15.07—which indicates how much investors are willing to pay for each dollar of earnings—and a beta value of 1.67—depicting its sensitivity compared to movements in the broader market—it becomes clear that this investment opportunity holds exciting prospects for those keen on investing in the financial services sector.
In conclusion, the recent acquisition of The Carlyle Group’s stock by Leuthold Group LLC has created ripples in the financial market, adding an element of intrigue and speculation amongst investors. The significant sale made by major shareholder Carlyle Group Inc. further adds to the puzzle, leaving stakeholders curious to see how these developments will shape the future of this renowned financial services provider. As we await further market movements and examine various financial metrics, it remains essential for investors to stay vigilant and consider all aspects before making any investment decisions in what promises to be a perplexing yet potentially rewarding venture.
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Institutional Investors and Hedge Funds Show Confidence in The Carlyle Group as Major Shareholder Sells-off Shares and Dividends Increase
The Carlyle Group (NASDAQ:CG) has recently seen a significant amount of activity from hedge funds and institutional investors buying and selling shares of the stock. D.A. Davidson & CO., for example, raised its holdings in shares of The Carlyle Group by 0.9% during the fourth quarter, acquiring an additional 300 shares. Similarly, Zhang Financial LLC increased its holdings by 1.6%, while Toroso Investments LLC raised its holdings by 1.9%. Altshuler Shaham Ltd also saw a significant increase in their holdings, with a rise of 13.3%. American International Group Inc. rounded out the group of investors, raising its holdings by 27.6%.
These figures highlight the growing interest in The Carlyle Group by institutional investors and hedge funds alike, indicating confidence in the financial services provider’s stock.
Equities research analysts have also weighed in on The Carlyle Group’s performance and outlook. Piper Sandler recently dropped their target price on the stock from $46.00 to $42.00, while StockNews.com gave it a “sell” rating on May 18th. In contrast, Oppenheimer boosted their target price from $64.00 to $65.00 and issued an “outperform” rating on April 13th.
Overall, Bloomberg.com data shows that The Carlyle Group currently holds a consensus rating of “Moderate Buy,” with an average price target of $38.18 per share.
In recent news related to The Carlyle Group, major shareholder Carlyle Group Inc. sold two million shares of the company’s stock on May 8th at an average price of $86.12 per share, resulting in a total transaction value of $172,240,000.
Regarding earnings data released on May 4th, The Carlyle Group reported earnings per share (EPS) for the latest quarter at $0.63, falling short of the consensus estimate by $0.02. The company’s net margin was recorded at 20.29%, and its return on equity stood at 25.89%. Although the firm’s revenue for the quarter amounted to $754.20 million, which fell slightly below analyst estimates of $805.50 million, it still managed to generate significant profit.
Furthermore, The Carlyle Group recently announced a quarterly dividend payment, with investors receiving a payout of $0.35 per share on May 23rd. This represents a positive change compared to the previous quarterly dividend of $0.33 per share and resulted in an annualized dividend of $1.40 per share, yielding a dividend yield of 4.49%.
In summary, institutional investors and hedge funds have been actively buying and selling shares of The Carlyle Group, reflecting confidence in the firm’s performance. Although analysts’ views on the stock are mixed, with some downgrading their target prices and ratings while others remain optimistic about its future prospects, the company’s recent earnings report suggests stability and profitability moving forward. Additionally, news of major shareholder sell-offs and increased dividends demonstrate both insider confidence and rewards for shareholders.