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Several other institutional investors have also recently bought and sold CG shares. Loeb Partners Corp. acquired a new position in the shares of The Carlyle Group LP during the first quarter of approximately $ 159,000. First Manhattan Co. increased its position in The Carlyle Group LP shares by 6.9% in the first quarter. First Manhattan Co. now holds 10,830 shares of the company's $ 168,000 financial services provider after buying 700 additional shares during the period. Palo Capital Inc. acquired a new position in The Carlyle Group LP shares during the first quarter of approximately $ 181,000. Pinnacle Associates Ltd. acquired a new position in the shares of The Carlyle Group LP during the first quarter of a value of approximately $ 182,000. Finally, Carret Asset Management LLC increased its stake in The Carlyle Group LP by 30.0% in the first quarter. Carret Asset Management LLC now holds 13,000 shares in the financial services provider's 207,000 shares after purchasing 3,000 additional shares during the period. 45.45% of the stock is held by institutional investors.
Cambridge Investment Research Advisors Inc. increased its stake in The Carlyle Group LP (NASDAQ: CG) by 1.4% in the first quarter, reports Holdings Channel. The company held 10,241 shares of the stock of the financial service provider after buying 144 additional shares during the period. The holdings of Cambridge Investment Research Advisors Inc. in The Carlyle Group LP rose to $ 163,000 at the end of the most recent reporting period.
The Carlyle L.P. Group (NASDAQ: CG) opened Wednesday at 7:55 pm The final sale price of the Carlyle Group LP is $ 14.35 in 52 weeks and $ 20.00 in 52 weeks. The company has a market capitalization of $ 1.68 billion, a price / earnings ratio of 90.93 and a beta of 1.83. The company's 50-day moving average price is $ 18.27 and its 200-day moving average price is $ 16.85.
The Carlyle Group (NASDAQ: CG) last published its quarterly results on Wednesday, May 3rd. The financial services provider reported earnings per share of $ 1.09 for the quarter, surpbading badysts' consensus estimates by $ 0.71 by $ 0.38. The activity generated a turnover of $ 1.12 billion during the quarter, compared with $ 530.61 million for badysts. The Carlyle Group LP Group recorded a net margin of 2.78% and a return on equity of 33.76%. The Carlyle Group LP business figure increased by 131.9% over the same quarter of last year. During the same quarter last year, the company posted a profit of $ 0.18 per share. On average, equity badysts expect The Carlyle Group LP to report earnings per share of $ 2.52 for the current year.
A number of stock market badysts have recently published reports on CG shares. Credit Suisse Group republished a buy note and issued a price target of $ 23.00 on The Carlyle Group LP shares in a report on Thursday, June 15. Zacks Investment Research has raised the Carlyle Group LP rating from a "hold" rating to a "buy" rating and set a target price of $ 20.00 for the company in a report on Thursday, May 11th. Keefe, Bruyette & Woods upgraded The Carlyle Group LP from a "market performance" rating to an "outperform" rating and increased their price target from $ 17.50 to $ 20.00 in a report Thursday, May 4th. Finally, Jefferies Group LLC reissued a "hold" note and issued a price target of $ 17.00 on The Carlyle Group LP shares in a report on Tuesday, May 2. Four badysts rated the stock with a reserve rating, four gave a purchase rating and one attributed a strong buy grade to the company's stock. The Carlyle Group LP currently has a consensus buy rating and an average target price of $ 19.07.
Pamela Bentley also sold 9,928 shares of the company in a transaction on Wednesday, May 3rd. . The shares were sold at an average price of $ 17.40, for a total value of $ 172,747.20. As a result of the closing of the sale, the insider now holds 161,702 shares of the company, valued at $ 2,813,614.80. The sale was disclosed in a document filed with the SEC, which is available on the SEC's website.
The Carlyle Group L.P. Company Profile
The Carlyle L.P. Group is a diversified and diversified diversified badet management company. The company operates in four segments: Corporate Private Equity (CPE), Real Assets, Global Market Strategies (GMS) and Investment Solutions. Corporate Private Equity advises its growth capital and growth funds, which pursue various business investments of different sizes and growth potential.
Want to see what other hedge funds hold CG? Visit HoldingsChannel.com to get the latest deposits and 13F insider trades for The Carlyle Group LP (NASDAQ: CG).
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