Janney Montgomery Scott LLC Has $967,000 Stake in The Carlyle Group L.P. (CG)

Janney Montgomery Scott LLC cut its stake in The Carlyle Group L.P. (NASDAQ:CG) by 5.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,969 shares of the financial services provider’s stock after selling 2,507 shares during the quarter. Janney Montgomery Scott LLC’s holdings in The Carlyle Group were worth $967,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of the company. Bronfman E.L. Rothschild L.P. grew its holdings in shares of The Carlyle Group 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 acquiring an additional 4,875 shares in the last quarter. Penserra Capital Management LLC grew its holdings in shares of The Carlyle Group 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 acquiring an additional 419 shares in the last quarter. Stelac Advisory Services LLC bought a new position in shares of The Carlyle Group in the third quarter valued at approximately $145,000. Pathstone Family Office LLC grew its holdings in The Carlyle Group by 1,660.0% during 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, Winslow Evans & Crocker Inc. grew its holdings in The Carlyle Group by 950.1% during 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. 38.01% of the stock is owned by hedge funds and other institutional investors.

In related news, Director Edward J. Mathias sold 17,133 shares of the stock in a transaction on Monday, November 20th. The stock was sold at an average price of $21.21, for a total value of $363,390.93. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

The Carlyle Group L.P. (CG) opened at $22.65 on Friday. The Carlyle Group L.P. has a twelve month low of $14.98 and a twelve month high of $24.85. The company has a debt-to-equity ratio of 2.23, a current ratio of 1.27 and a quick ratio of 1.23. The company has a market capitalization of $2,161.51, a price-to-earnings ratio of 12.87 and a beta of 1.79.

The Carlyle Group (NASDAQ:CG) last posted its quarterly earnings results on Tuesday, October 31st. The financial services provider reported $0.56 EPS for the quarter, topping the Zacks’ consensus estimate of $0.48 by $0.08. The Carlyle Group had a return on equity of 43.32% and a net margin of 5.43%. The firm had revenue of $639.90 million during the quarter, compared to analyst estimates of $668.32 million. During the same period last year, the company earned $0.66 earnings per share. research analysts anticipate that The Carlyle Group L.P. will post 2.86 EPS for the current fiscal year.

Several equities analysts have weighed in on CG shares. TheStreet lowered The Carlyle Group from a “c-” rating to a “d+” rating in a report on Thursday, September 7th. BidaskClub lowered The Carlyle Group from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. ValuEngine lowered The Carlyle Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, September 7th. Credit Suisse Group reissued a “buy” rating and set a $26.00 price objective on shares of The Carlyle Group in a report on Friday, September 22nd. Finally, Citigroup lowered The Carlyle Group from a “buy” rating to a “neutral” rating and set a $25.50 price objective for the company. in a report on Tuesday, October 10th. Five analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $24.89.

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The Carlyle Group Profile

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 (NASDAQ:CG)

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