The Carlyle Group L.P. (NASDAQ:CG)‘s stock had its “buy” rating reissued by investment analysts at Oppenheimer Holdings, Inc. in a research report issued to clients and investors on Tuesday.

Other equities analysts have also issued reports about the company. Citigroup Inc. boosted their price target on The Carlyle Group L.P. from $24.50 to $25.50 and gave the company a “neutral” rating in a research note on Tuesday, August 15th. BidaskClub upgraded The Carlyle Group L.P. from a “hold” rating to a “buy” rating in a research note on Wednesday, August 2nd. ValuEngine upgraded The Carlyle Group L.P. from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 3rd. Keefe, Bruyette & Woods restated a “buy” rating and set a $25.00 price target on shares of The Carlyle Group L.P. in a research note on Wednesday, August 16th. Finally, Zacks Investment Research upgraded The Carlyle Group L.P. from a “hold” rating to a “strong-buy” rating and set a $22.00 price target on the stock in a research note on Wednesday, July 5th. Six investment analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company’s stock. The Carlyle Group L.P. has a consensus rating of “Buy” and an average price target of $24.75.

The Carlyle Group L.P. (NASDAQ CG) traded down 2.00% on Tuesday, reaching $22.05. The company’s stock had a trading volume of 2,037,658 shares. The firm has a market capitalization of $2.01 billion, a PE ratio of 51.64 and a beta of 1.84. The stock’s 50 day moving average is $23.67 and its 200-day moving average is $20.38. The Carlyle Group L.P. has a 52 week low of $14.45 and a 52 week high of $24.85.

The Carlyle Group L.P. (NASDAQ:CG) last issued its quarterly earnings results on Tuesday, October 31st. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.10. The Carlyle Group L.P. had a return on equity of 50.61% and a net margin of 24.29%. During the same quarter last year, the business earned $0.66 EPS. Analysts predict that The Carlyle Group L.P. will post $2.84 EPS for the current year.

TRADEMARK VIOLATION NOTICE: “Oppenheimer Holdings, Inc. Reaffirms “Buy” Rating for The Carlyle Group L.P. (CG)” was originally reported by American Banking News and is owned by of American Banking News. If you are accessing this article on another publication, it was illegally copied and reposted in violation of U.S. and international trademark & copyright laws. The legal version of this article can be accessed at https://www.americanbankingnews.com/2017/10/31/oppenheimer-holdings-inc-reaffirms-buy-rating-for-the-carlyle-group-l-p-cg.html.

In other news, CFO Curtis L. Buser sold 20,968 shares of the business’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $21.25, for a total value of $445,570.00. Following the transaction, the chief financial officer now directly owns 354,610 shares of the company’s stock, valued at approximately $7,535,462.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Pamela L. Bentley sold 17,760 shares of the business’s stock in a transaction that occurred on Wednesday, August 2nd. The stock was sold at an average price of $21.25, for a total value of $377,400.00. Following the completion of the transaction, the insider now directly owns 143,942 shares in the company, valued at $3,058,767.50. The disclosure for this sale can be found here. Insiders have sold 62,013 shares of company stock worth $1,317,776 over the last ninety days.

Several institutional investors and hedge funds have recently made changes to their positions in CG. Bronfman E.L. Rothschild L.P. boosted its holdings in shares of The Carlyle Group L.P. by 2,205.9% in the 2nd quarter. Bronfman E.L. Rothschild L.P. now owns 5,096 shares of the financial services provider’s stock worth $101,000 after acquiring an additional 4,875 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in shares of The Carlyle Group L.P. by 8.7% in the 2nd quarter. Penserra Capital Management LLC now owns 5,254 shares of the financial services provider’s stock worth $103,000 after acquiring an additional 419 shares in the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in shares of The Carlyle Group L.P. by 1.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 10,241 shares of the financial services provider’s stock worth $163,000 after acquiring an additional 144 shares in the last quarter. Pathstone Family Office LLC boosted its holdings in shares of The Carlyle Group L.P. by 1,660.0% in the 2nd quarter. Pathstone Family Office LLC now owns 8,800 shares of the financial services provider’s stock worth $173,000 after acquiring an additional 8,300 shares in the last quarter. Finally, Winslow Evans & Crocker Inc. boosted its holdings in shares of The Carlyle Group L.P. by 950.1% in the 3rd quarter. Winslow Evans & Crocker Inc. now owns 7,876 shares of the financial services provider’s stock worth $186,000 after acquiring an additional 7,126 shares in the last quarter. 40.79% of the stock is currently owned by institutional investors and hedge funds.

About The Carlyle Group L.P.

The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company operates in four segments: Corporate Private Equity (CPE), Real Assets, Global Market Strategies (GMS) and Investment Solutions. Corporate Private Equity advises its buyout and growth capital funds, which pursue various corporate investments of different sizes and growth potentials.

Analyst Recommendations for The Carlyle Group L.P. (NASDAQ:CG)

Receive News & Ratings for The Carlyle Group L.P. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Carlyle Group L.P. and related companies with MarketBeat.com's FREE daily email newsletter.