The Carlyle Group L.P. (NASDAQ:CG) – Research analysts at Jefferies Group decreased their Q4 2017 earnings per share estimates for shares of The Carlyle Group L.P. in a research report issued on Tuesday. Jefferies Group analyst G. O’hara now expects that the financial services provider will earn $0.34 per share for the quarter, down from their previous estimate of $0.43. Jefferies Group also issued estimates for The Carlyle Group L.P.’s Q1 2018 earnings at $0.56 EPS, Q2 2018 earnings at $0.59 EPS, Q3 2018 earnings at $0.64 EPS, Q4 2018 earnings at $0.69 EPS and FY2019 earnings at $3.07 EPS.

The Carlyle Group L.P. (NASDAQ:CG) last released its quarterly earnings results on Tuesday, October 31st. The financial services provider reported $0.56 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.48 by $0.08. The business had revenue of $639.90 million during the quarter, compared to analyst estimates of $668.32 million. The Carlyle Group L.P. had a net margin of 5.43% and a return on equity of 43.32%. During the same period in the prior year, the firm posted $0.66 earnings per share.

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Several other equities analysts have also commented on CG. BidaskClub lowered shares of The Carlyle Group L.P. from a “hold” rating to a “sell” rating in a research report on Friday, November 10th. Credit Suisse Group cut their price target on shares of The Carlyle Group L.P. from $26.00 to $25.00 and set an “outperform” rating on the stock in a report on Thursday, November 2nd. TheStreet upgraded shares of The Carlyle Group L.P. from a “d+” rating to a “c” rating in a report on Tuesday, October 31st. J P Morgan Chase & Co cut their price target on shares of The Carlyle Group L.P. from $28.00 to $26.00 and set an “overweight” rating on the stock in a report on Wednesday, November 1st. Finally, Oppenheimer Holdings, Inc. reiterated a “buy” rating on shares of The Carlyle Group L.P. in a report on Tuesday, October 31st. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. The Carlyle Group L.P. presently has an average rating of “Buy” and an average price target of $24.78.

Shares of The Carlyle Group L.P. (CG) opened at $21.40 on Thursday. The company has a market cap of $2,088.16, a PE ratio of 8.61 and a beta of 1.84. The Carlyle Group L.P. has a 1 year low of $14.85 and a 1 year high of $24.85. The company has a current ratio of 1.27, a quick ratio of 1.23 and a debt-to-equity ratio of 2.23.

A number of hedge funds have recently made changes to their positions in CG. Bronfman E.L. Rothschild L.P. raised its holdings in shares of The Carlyle Group L.P. by 2,205.9% during 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 during the period. Penserra Capital Management LLC raised its holdings in shares of The Carlyle Group L.P. by 8.7% during 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 during the period. Stelac Advisory Services LLC acquired a new stake in shares of The Carlyle Group L.P. during the 3rd quarter worth about $145,000. Pathstone Family Office LLC increased its position in shares of The Carlyle Group L.P. by 1,660.0% during the 2nd quarter. Pathstone Family Office LLC now owns 8,800 shares of the financial services provider’s stock worth $173,000 after purchasing an additional 8,300 shares during the last quarter. Finally, Winslow Evans & Crocker Inc. increased its position in shares of The Carlyle Group L.P. by 950.1% during the 3rd quarter. Winslow Evans & Crocker Inc. now owns 7,876 shares of the financial services provider’s stock worth $186,000 after purchasing an additional 7,126 shares during the last quarter. Institutional investors own 37.16% of the company’s stock.

In other news, Director Edward J. Mathias sold 17,133 shares of the stock in a transaction that occurred on Monday, November 20th. The stock was sold at an average price of $21.21, for a total transaction of $363,390.93. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 16th. Stockholders of record on Friday, November 10th were paid a dividend of $0.56 per share. This is a boost from The Carlyle Group L.P.’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend was Thursday, November 9th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 10.47%. The Carlyle Group L.P.’s dividend payout ratio (DPR) is presently 127.27%.

The Carlyle Group L.P. Company Profile

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.

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