Many The Carlyle Group L.P.(CG) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. The Carlyle Group LP was Upgraded by Citigroup to Buy on Dec 20, 2016.
Company has reported several Insider transactions to the SEC, on Aug 3, 2016, Curtis L. Buser (Chief Financial Officer) sold 8,294 shares at 16.13 per share price.On Aug 3, 2016, Jeffrey W. Ferguson (General Counsel) sold 10,498 shares at 16.13 per share price.On Aug 3, 2016, Pamela L Bentley (Chief Accounting Officer) sold 13,292 shares at 16.13 per share price.
The Carlyle Group LP Last issued its quarterly earnings results on Feb 8, 2017. The company reported $0.02 EPS for the quarter, missing the analyst consensus estimate by $ -0.39. Analyst had a consensus of $0.41. The company had revenue of $575.90 million for the quarter, compared to analysts expectations of $539.28 million. The companys revenue was down -19.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.24 EPS.
The Carlyle Group L.P. (NASDAQ:CG) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.17 by 9 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 5 Brokerage Firms have advised hold.
The Carlyle Group L.P. (NASDAQ:CG) stock has received a short term price target of $ 19 from 9 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $2.29. The higher estimate of target price is $24 , while the lower price target estimate is $16
The Carlyle Group L.P. (NASDAQ:CG) rose 1.86% or 0.3 points on Tuesday and made its way into the gainers of the day. After trading began at $16.1 the stock was seen hitting $16.45 as a peak level and $16.05 as the lowest level. The stock ended up at $16.45. The daily volume was measured at 1,083,974 shares. The 52-week high of the share price is $17.97 and the 52-week low is $12.89. The company has a market cap of $5,387 million.
The Carlyle Group is a global alternative asset manager. The Company invests across four segments: Corporate Private Equity, Real Assets, Global Market Strategies and Fund of Funds Solutions in Africa, Asia, Australia, Europe, the Middle East, North America and South America. Its Corporate Private Equity segment advises the Companys buyout and growth capital funds. The Real Assets segment advises the Companys United States and internationally-focused real estate and infrastructure funds, energy and renewable resources funds. Its Global Market Strategies segment advises a group of funds that pursue investment opportunities across various types of credit, equities and alternative instruments and currencies, commodities and interest rate products and their derivatives. Its Fund of Funds Solutions segment advises a global private equity fund of funds program and related co-investment and secondary activities. The Carlyle Group is based in Washington, District of Columbia.