The Carlyle Group LP (CG) : Algebris Investments (uk) Llp reduced its stake in The Carlyle Group LP by 56.45% during the most recent quarter end. The investment management company now holds a total of 400,312 shares of The Carlyle Group LP which is valued at $6,417,001 after selling 518,994 shares in The Carlyle Group LP , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.The Carlyle Group LP makes up approximately 4.00% of Algebris Investments (uk) Llp’s portfolio.
Other Hedge Funds, Including , Okumus Fund Management Ltd. reduced its stake in CG by selling 2,141,143 shares or 30.01% in the most recent quarter. The Hedge Fund company now holds 4,994,707 shares of CG which is valued at $80,065,153. The Carlyle Group LP makes up approx 12.82% of Okumus Fund Management Ltd.’s portfolio.Raymond James Financial Services Advisors reduced its stake in CG by selling 13,920 shares or 56.52% in the most recent quarter. The Hedge Fund company now holds 10,709 shares of CG which is valued at $171,665.Feltz Wealth Plan reduced its stake in CG by selling 9,767 shares or 32.97% in the most recent quarter. The Hedge Fund company now holds 19,857 shares of CG which is valued at $318,903. The Carlyle Group LP makes up approx 0.02% of Feltz Wealth Plan’s portfolio.Cambridge Investment Research Advisors boosted its stake in CG in the latest quarter, The investment management firm added 38 additional shares and now holds a total of 10,920 shares of The Carlyle Group LP which is valued at $183,893. Simplex Trading added CG to its portfolio by purchasing 6,030 company shares during the most recent quarter which is valued at $100,400. The Carlyle Group LP makes up approx 0.01% of Simplex Trading’s portfolio.
The Carlyle Group LP closed down -0.19 points or -1.23% at $15.3 with 4,84,451 shares getting traded on Thursday. Post opening the session at $15.63, the shares hit an intraday low of $15.2 and an intraday high of $15.63 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
On the company’s financial health, The Carlyle Group LP reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.30. The company had revenue of $533.00 million for the quarter, compared to analysts expectations of $501.00 million. The company’s revenue was down -19.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.55 EPS.
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.