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The Carlyle Group (NYSE:CG) major shareholder Ltd. Cagp sold 151,637 shares of The Carlyle Group stock on the open market in a transaction dated Monday, July 14th. The stock was sold at an average price of $1.83, for a total value of $277,495.71. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

The Carlyle Group (NYSE:CG) traded up 2.42% on Wednesday, hitting $34.64. 357,200 shares of the company’s stock traded hands. The Carlyle Group has a 1-year low of $24.66 and a 1-year high of $39.38. The stock has a 50-day moving average of $33.49 and a 200-day moving average of $34.00. The company has a market cap of $2.220 billion and a P/E ratio of 17.46.

The Carlyle Group (NYSE:CG) last posted its quarterly 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. Analysts expect that The Carlyle Group will post $3.00 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. downgraded shares of The Carlyle Group from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 9th. Separately, analysts at Zacks downgraded shares of The Carlyle Group from a “neutral” rating to an “underperform” rating in a research note on Tuesday, June 17th. They now have a $31.90 price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of The Carlyle Group in a research note on Monday, June 16th. They now have a $45.00 price target on the stock, up previously from $39.50. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $35.54.

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

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