Brokerage firm Deutsche Bank Maintains its rating on The Carlyle Group LP(NASDAQ:CG). In a research note issued to the investors, the brokerage major Raises the price-target to $17.00 per share. The shares have been rated Hold. The rating by Deutsche Bank was issued on Aug 5, 2016.
In a different note, On Aug 2, 2016, Jefferies said it Maintains its rating on The Carlyle Group LP. In the research note, the firm Raises the price-target to $16.50 per share. The shares have been rated ‘Hold’ by the firm. On Jul 28, 2016, Citigroup said it Maintains its rating on The Carlyle Group LP. In the research note, the firm Raises the price-target to $17.00 per share. The shares have been rated ‘Neutral’ by the firm. On Jun 16, 2016, Deutsche Bank said it Maintains its rating on The Carlyle Group LP. In the research note, the firm Lowers the price-target to $18.00 per share. The shares have been rated ‘Hold’ by the firm.
The Carlyle Group LP (CG) made into the market gainers list on Wednesdays trading session with the shares advancing 0.19% or 0.03 points. Due to strong positive momentum, the stock ended at $16.09, which is also near the day’s high of $16.155. The stock began the session at $16.11 and the volume stood at 3,22,294 shares. The 52-week high of the shares is $24.24 and the 52 week low is $11.25. The company has a current market capitalization of $5,217 M and it has 32,42,56,640 shares in outstanding.
The Carlyle Group LP(CG) last announced its earnings results on Jul 27, 2016 for Fiscal Year 2016 and Q2.Company reported revenue of $532.50M. Analysts had an estimated revenue of $512.34M. Earnings per share were $0.35. Analysts had estimated an EPS of $0.31.
Several Insider Transactions has been reported to the SEC. On Aug 3, 2016, Curtis L. Buser (Chief Financial Officer) sold 8,294 shares at $16.13 per share price.Also, 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, according to the Form-4 filing with the securities and exchange commission.
The Carlyle Group L.P. is a diversified multi-product global alternative asset management firm. The Company advises on an array of investment funds and other investment vehicles that invests across a range of industries geographies asset classes and investment strategies and seeks to deliver returns for its fund investors. The Company operates in four segments: Private Equity Global Market Strategies Real Assets and Investment Solutions. The Corporate Private Equity segment advises its buyout and growth capital funds. The Global Market Strategies segment advises a group of active funds. The Real Assets segment advises its 28 active carry funds focused on real estate infrastructure and energy and natural resources. The Investment Solutions segment provides investment opportunities and resources for its investors and clients.