Sol Capital Management Co buys $4,395,356 stake in The Carlyle Group LP (CG)

The Carlyle Group LP (CG) : Sol Capital Management Co scooped up 14,800 additional shares in The Carlyle Group LP during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 2, 2016. The investment management firm now holds a total of 270,650 shares of The Carlyle Group LP which is valued at $4,395,356.The Carlyle Group LP makes up approximately 1.39% of Sol Capital Management Co’s portfolio.

The Carlyle Group LP (CG) witnessed a volatile trading activity on Friday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $16.05 and reached the intraday high at $16.7299. The bulls started the profit booking and pushed the shares to intraday low of $16.05. The trading session was marked by a volume range of 4,55,967 shares exchanging hands. The 52-week high of the shares is $31.0601 and the 52-week low is $11.25. The market cap of the company stands at $5,265 M and there are 32,41,85,490 shares in public circulation.

Other Hedge Funds, Including , Garrison Bradford Associates Inc boosted its stake in CG in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 22,900 shares of The Carlyle Group LP which is valued at $371,896. The Carlyle Group LP makes up approx 0.43% of Garrison Bradford Associates Inc’s portfolio.Beck Mack Oliver reduced its stake in CG by selling 400 shares or 3.83% in the most recent quarter. The Hedge Fund company now holds 10,050 shares of CG which is valued at $168,237. The Carlyle Group LP makes up approx 0.01% of Beck Mack Oliver’s portfolio. Mizuho Trust Banking Ltd. added CG to its portfolio by purchasing 238,000 company shares during the most recent quarter which is valued at $3,984,120. The Carlyle Group LP makes up approx 0.01% of Mizuho Trust Banking Ltd.’s portfolio.

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.

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