BW Gestao de Investimentos Ltda. Raises Holdings in The Carlyle Group L.P. (CG)

BW Gestao de Investimentos Ltda. grew its stake in shares of The Carlyle Group L.P. (NASDAQ:CG) by 544.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 89,640 shares of the financial services provider’s stock after acquiring an additional 75,741 shares during the period. The Carlyle Group L.P. accounts for 0.5% of BW Gestao de Investimentos Ltda.’s holdings, making the stock its 29th largest position. BW Gestao de Investimentos Ltda. owned about 0.10% of The Carlyle Group L.P. worth $1,770,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently modified their holdings of the business. GSA Capital Partners LLP raised its position in shares of The Carlyle Group L.P. by 1,426.7% in the second quarter. GSA Capital Partners LLP now owns 179,338 shares of the financial services provider’s stock valued at $3,542,000 after buying an additional 167,591 shares in the last quarter. Stifel Financial Corp raised its position in shares of The Carlyle Group L.P. by 50.3% in the first quarter. Stifel Financial Corp now owns 68,259 shares of the financial services provider’s stock valued at $1,089,000 after buying an additional 22,830 shares in the last quarter. Legal & General Group Plc raised its position in shares of The Carlyle Group L.P. by 11.5% in the first quarter. Legal & General Group Plc now owns 203,533 shares of the financial services provider’s stock valued at $3,251,000 after buying an additional 21,048 shares in the last quarter. Morgan Stanley raised its position in shares of The Carlyle Group L.P. by 0.8% in the first quarter. Morgan Stanley now owns 5,177,247 shares of the financial services provider’s stock valued at $82,577,000 after buying an additional 41,531 shares in the last quarter. Finally, LGT Capital Partners LTD. raised its position in shares of The Carlyle Group L.P. by 77.6% in the second quarter. LGT Capital Partners LTD. now owns 435,000 shares of the financial services provider’s stock valued at $8,591,000 after buying an additional 190,000 shares in the last quarter. Hedge funds and other institutional investors own 40.65% of the company’s stock.

The Carlyle Group L.P. (NASDAQ CG) traded down 0.3046% during mid-day trading on Thursday, hitting $24.0266. 226,150 shares of the company’s stock were exchanged. The stock’s 50 day moving average price is $22.67 and its 200-day moving average price is $19.62. The stock has a market cap of $2.19 billion, a PE ratio of 56.2684 and a beta of 1.84. The Carlyle Group L.P. has a 12 month low of $14.35 and a 12 month high of $24.85.

The Carlyle Group L.P. (NASDAQ:CG) last posted its quarterly earnings data on Wednesday, August 2nd. The financial services provider reported $0.81 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.44 by $0.37. The firm had revenue of $908.40 million for the quarter, compared to analysts’ expectations of $696.36 million. The Carlyle Group L.P. had a net margin of 4.13% and a return on equity of 41.32%. During the same quarter last year, the company posted $0.35 EPS. Equities analysts expect that The Carlyle Group L.P. will post $2.83 EPS for the current fiscal year.

In other news, Director Edward J. Mathias sold 6,593 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $21.25, for a total transaction of $140,101.25. Following the sale, the director now owns 34,114 shares in the company, valued at approximately $724,922.50. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Curtis L. Buser sold 20,968 shares of the firm’s stock in a transaction on Wednesday, August 2nd. The shares were sold at an average price of $21.25, for a total transaction of $445,570.00. Following the sale, the chief financial officer now owns 354,610 shares in the company, valued at approximately $7,535,462.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 62,013 shares of company stock worth $1,317,776.

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A number of research firms have recently weighed in on CG. BidaskClub upgraded shares of The Carlyle Group L.P. from a “buy” rating to a “strong-buy” rating in a research report on Thursday, June 22nd. Citigroup Inc. lifted their price objective on shares of The Carlyle Group L.P. from $24.50 to $25.50 and gave the company a “neutral” rating in a research note on Tuesday, August 15th. Oppenheimer Holdings, Inc. lifted their price objective on shares of The Carlyle Group L.P. from $28.00 to $29.00 and gave the company an “outperform” rating in a research note on Friday, July 14th. ValuEngine raised shares of The Carlyle Group L.P. from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 3rd. Finally, Zacks Investment Research raised shares of The Carlyle Group L.P. from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective on the stock in a research note on Wednesday, July 5th. Six analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The Carlyle Group L.P. presently has a consensus rating of “Buy” and an average price target of $23.89.

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.

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

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