The Carlyle Group LP (CG) : Iconiq Capital added new position in The Carlyle Group LP during the most recent quarter end. The investment management firm now holds 15,550 shares of The Carlyle Group LP which is valued at $245,690 , the company said in a statement filed on May 13, 2016 with the SEC.The Carlyle Group LP makes up approximately 0.05% of Iconiq Capital’s portfolio.
Other Hedge Funds, Including , Pinebridge Investments boosted its stake in CG in the latest quarter, The investment management firm added 5,650 additional shares and now holds a total of 26,517 shares of The Carlyle Group LP which is valued at $418,969. The Carlyle Group LP makes up approx 0.02% of Pinebridge Investments’s portfolio.Ameritas Investment Partners reduced its stake in CG by selling 3,962 shares or 70.6% in the most recent quarter. The Hedge Fund company now holds 1,650 shares of CG which is valued at $26,070. Pacad Investment Ltd. sold out all of its stake in CG during the most recent quarter. The investment firm sold 35,480 shares of CG which is valued $576,195.Cambridge Investment Research Advisors boosted its stake in CG in the latest quarter, The investment management firm added 838 additional shares and now holds a total of 10,882 shares of The Carlyle Group LP which is valued at $176,724.Verde Servicos Internacionais S.a. reduced its stake in CG by selling 314,060 shares or 19.88% in the most recent quarter. The Hedge Fund company now holds 1,266,001 shares of CG which is valued at $21.2 Million. The Carlyle Group LP makes up approx 1.59% of Verde Servicos Internacionais S.a.’s portfolio.
The Carlyle Group LP opened for trading at $16.58 and hit $16.665 on the upside on Wednesday, eventually ending the session at $16.59, with a gain of 0.48% or 0.08 points. The heightened volatility saw the trading volume jump to 6,76,234 shares. Company has a market cap of $5,378 M.
On the company’s financial health, The Carlyle Group LP reported $0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.14. The company had revenue of $483.10 million for the quarter, compared to analysts expectations of $382.95 million. The company’s revenue was down -57.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.54 EPS.
Many Wall Street Analysts have commented on The Carlyle Group LP. The Carlyle Group LP was Downgraded by Keefe Bruyette to ” Mkt Perform” on Apr 28, 2016. Company shares were Reiterated by UBS on Apr 28, 2016 to “Buy”, Firm has raised the Price Target to $ 20 from a previous price target of $18 .Company shares were Reiterated by Deutsche Bank on Mar 11, 2016 to “Hold”, Firm has raised the Price Target to $ 16 from a previous price target of $14 .
The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company advises on an array of investment funds and other investment vehicles that invests across a range of industries geographies asset classes and investment strategies and seeks to deliver returns for its fund investors. The Company operates in four segments: Private Equity Global Market Strategies Real Assets and Investment Solutions. The Corporate Private Equity segment advises its buyout and growth capital funds. The Global Market Strategies segment advises a group of active funds. The Real Assets segment advises its 28 active carry funds focused on real estate infrastructure and energy and natural resources. The Investment Solutions segment provides investment opportunities and resources for its investors and clients.