Carlyle Group LP (NASDAQ:CG) Stock Sentiment Worsens

June 13, 2018 - By Marguerite Chambers

The Carlyle Group L.P. (NASDAQ:CG) Logo

Sentiment for Carlyle Group LP (NASDAQ:CG)

Carlyle Group LP (NASDAQ:CG) institutional sentiment decreased to 1.4 in Q1 2018. Its down -0.33, from 1.73 in 2017Q4. The ratio is negative, as 66 investment professionals started new and increased stock positions, while 47 sold and decreased stock positions in Carlyle Group LP. The investment professionals in our partner’s database now own: 37.82 million shares, up from 35.63 million shares in 2017Q4. Also, the number of investment professionals holding Carlyle Group LP in their top 10 stock positions increased from 1 to 2 for an increase of 1. Sold All: 14 Reduced: 33 Increased: 45 New Position: 21.

The Carlyle Group LP is an investment firm specializing in direct and fund of fund investments in Fintech sector. The company has market cap of $7.58 billion. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES. It has a 9.5 P/E ratio. The firm invests across four divisions which include Corporate Private Equity, Real Assets, Global Market Strategies, and Solutions.

The stock increased 0.67% or $0.15 during the last trading session, reaching $22.6. About 632,874 shares traded or 15.94% up from the average. The Carlyle Group L.P. (NASDAQ:CG) has risen 26.07% since June 13, 2017 and is uptrending. It has outperformed by 13.50% the S&P500.

Analysts await The Carlyle Group L.P. (NASDAQ:CG) to report earnings on August, 1. They expect $0.52 EPS, down 35.80 % or $0.29 from last year’s $0.81 per share. CG’s profit will be $174.34M for 10.87 P/E if the $0.52 EPS becomes a reality. After $0.47 actual EPS reported by The Carlyle Group L.P. for the previous quarter, Wall Street now forecasts 10.64 % EPS growth.

Partners Group Holding Ag holds 3.15% of its portfolio in The Carlyle Group L.P. for 1.31 million shares. Harvest Capital Strategies Llc owns 575,000 shares or 1.92% of their US portfolio. Moreover, Philadelphia Financial Management Of San Francisco Llc has 1.83% invested in the company for 495,489 shares. The Ohio-based American Financial Group Inc has invested 1.76% in the stock. Gator Capital Management Llc, a Florida-based fund reported 80,369 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $188,860 activity.

The Carlyle Group L.P. (NASDAQ:CG) Ratings Coverage

Ratings analysis reveals 88% of Carlyle Group’s analysts are positive. Out of 8 Wall Street analysts rating Carlyle Group, 7 give it “Buy”, 0 “Sell” rating, while 1 recommend “Hold”. The lowest target is $23 while the high is $34. The stock’s average target of $28.38 is 25.58% above today’s ($22.6) share price. CG was included in 12 notes of analysts from January 10, 2018. Keefe Bruyette & Woods maintained it with “Buy” rating and $2800 target in Wednesday, April 11 report. As per Wednesday, February 14, the company rating was upgraded by Jefferies. Morgan Stanley maintained the shares of CG in report on Thursday, March 1 with “Overweight” rating. The firm earned “Hold” rating on Thursday, January 11 by Jefferies. On Friday, April 6 the stock rating was maintained by Deutsche Bank with “Hold”. The stock of The Carlyle Group L.P. (NASDAQ:CG) has “Buy” rating given on Monday, March 12 by Citigroup. The rating was maintained by Credit Suisse on Thursday, February 8 with “Outperform”. The firm has “Buy” rating given on Wednesday, May 2 by Citigroup. Oppenheimer maintained it with “Buy” rating and $3300 target in Sunday, April 15 report. As per Tuesday, March 13, the company rating was maintained by Bank of America.

More notable recent The Carlyle Group L.P. (NASDAQ:CG) news were published by: Seekingalpha.com which released: “Reuters: Linde-Praxair merger narrows in favor of strategic bidders” on June 08, 2018, also Streetinsider.com with their article: “Blackstone raises $9.4 billion for Asia real estate, private equity funds” published on June 13, 2018, Themiddlemarket.com published: “M&A daily wrap: Medidata, Shyft Analytics, Audax, OEP, Naked Brand” on June 12, 2018. More interesting news about The Carlyle Group L.P. (NASDAQ:CG) were released by: Pehub.com and their article: “Kanas joins Carlyle as senior adviser consultant, vice chairman” published on June 12, 2018 as well as Seekingalpha.com‘s news article titled: “Don’t Let Go Of Hasbro – Cramer’s Lightning Round (6/5/18)” with publication date: June 06, 2018.

The Carlyle Group L.P. (NASDAQ:CG) Institutional Positions Chart

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