Lockheed Martin Investment Management Co. Purchases New Position in The Carlyle Group L.P. (CG)

Lockheed Martin Investment Management Co. purchased a new stake in The Carlyle Group L.P. (NASDAQ:CG) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 54,200 shares of the financial services provider’s stock, valued at approximately $1,279,000. Lockheed Martin Investment Management Co. owned 0.06% of The Carlyle Group L.P. at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. increased its stake in shares of The Carlyle Group L.P. by 2,205.9% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 5,096 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 4,875 shares during the period. Penserra Capital Management LLC increased its stake in shares of The Carlyle Group L.P. by 8.7% in the second quarter. Penserra Capital Management LLC now owns 5,254 shares of the financial services provider’s stock valued at $103,000 after purchasing an additional 419 shares during the period. Winslow Evans & Crocker Inc. increased its stake in shares of The Carlyle Group L.P. by 950.1% in the third quarter. Winslow Evans & Crocker Inc. now owns 7,876 shares of the financial services provider’s stock valued at $186,000 after purchasing an additional 7,126 shares during the period. Pathstone Family Office LLC increased its stake in shares of The Carlyle Group L.P. by 1,660.0% in the second quarter. Pathstone Family Office LLC now owns 8,800 shares of the financial services provider’s stock valued at $173,000 after purchasing an additional 8,300 shares during the period. Finally, Personal Capital Advisors Corp acquired a new stake in shares of The Carlyle Group L.P. in the third quarter valued at approximately $236,000. Institutional investors own 36.76% of the company’s stock.

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A number of research analysts recently commented on the stock. Zacks Investment Research lowered shares of The Carlyle Group L.P. from a “buy” rating to a “hold” rating in a research note on Friday, October 6th. BidaskClub upgraded shares of The Carlyle Group L.P. from a “hold” rating to a “buy” rating in a research note on Tuesday, September 26th. Morgan Stanley raised their price objective on shares of The Carlyle Group L.P. from $25.00 to $27.00 and gave the company an “overweight” rating in a research note on Thursday, October 5th. Credit Suisse Group lowered shares of The Carlyle Group L.P. to a “hold” rating in a research note on Friday, October 6th. Finally, Citigroup Inc. lowered shares of The Carlyle Group L.P. from a “buy” rating to a “neutral” rating and set a $25.50 price objective on the stock. in a research note on Tuesday, October 10th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $24.78.

The Carlyle Group L.P. (NASDAQ:CG) traded down $0.08 during trading on Tuesday, reaching $21.17. 771,100 shares of the company’s stock traded hands, compared to its average volume of 800,926. The company has a debt-to-equity ratio of 2.23, a quick ratio of 1.23 and a current ratio of 1.27. The firm has a market capitalization of $7,160.00, a price-to-earnings ratio of 8.57 and a beta of 1.84. The Carlyle Group L.P. has a 12-month low of $14.85 and a 12-month high of $24.85.

The Carlyle Group L.P. (NASDAQ:CG) last posted its quarterly earnings results on Tuesday, October 31st. The financial services provider reported $0.56 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.48 by $0.08. The firm had revenue of $639.90 million for 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 quarter in the previous year, the business posted $0.66 earnings per share. analysts predict that The Carlyle Group L.P. will post 2.85 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 16th. Shareholders of record on Friday, November 10th will be given a $0.56 dividend. This is a positive change from The Carlyle Group L.P.’s previous quarterly dividend of $0.42. The ex-dividend date of this dividend is Thursday, November 9th. This represents a $2.24 annualized dividend and a yield of 10.58%. The Carlyle Group L.P.’s payout ratio is 123.08%.

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.

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Institutional Ownership by Quarter for The Carlyle Group L.P. (NASDAQ:CG)

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