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The Carlyle Group (NYSE:CG) CAO Pamela L. Bentley sold 13,195 shares of the company’s stock on the open market in a transaction that occurred on Thursday, June 12th. The shares were sold at an average price of $32.44, for a total value of $428,045.80. Following the completion of the sale, the chief accounting officer now directly owns 110,073 shares in the company, valued at approximately $3,570,768. The transaction was disclosed in a filing with the SEC, which is available at this link.

The Carlyle Group (NYSE:CG) traded down 1.56% during mid-day trading on Friday, hitting $32.13. The stock had a trading volume of 214,628 shares. The Carlyle Group has a 52-week low of $23.85 and a 52-week high of $39.38. The stock has a 50-day moving average of $31.93 and a 200-day moving average of $33.90. The company has a market cap of $2.059 billion and a P/E ratio of 16.85.

The Carlyle Group (NYSE:CG) last announced its earnings results on Wednesday, April 30th. The company reported $0.85 EPS for the quarter, missing the Thomson Reuters consensus estimate of $1.01 by $0.16. The company had revenue of $852.00 million for the quarter, compared to the consensus estimate of $858.07 million. During the same quarter in the prior year, the company posted $1.02 earnings per share. The company’s quarterly revenue was up 5.3% on a year-over-year basis. On average, analysts predict that The Carlyle Group will post $3.03 earnings per share for the current fiscal year.

A number of research firms have recently commented on CG. Analysts at Goldman Sachs downgraded shares of The Carlyle Group from a “buy” rating to a “neutral” rating in a research note on Monday, May 12th. Separately, analysts at Oppenheimer reiterated an “outperform” rating on shares of The Carlyle Group in a research note on Thursday, May 1st. They now have a $40.00 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of The Carlyle Group in a research note on Thursday, May 1st. They now have a $41.00 price target on the stock. Four analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $35.85.

The Carlyle Group L.P. is a global alternative asset management firm. The Company conducts its operations through four segments: Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Funds Solutions.

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