The Carlyle Group LP (CG) : Garrison Bradford Associates Inc reduced its stake in The Carlyle Group LP by 41.48% during the most recent quarter end. The investment management company now holds a total of 13,400 shares of The Carlyle Group LP which is valued at $226,192 after selling 9,500 shares in The Carlyle Group LP , the firm said in a disclosure report filed with the SEC on Aug 2, 2016.The Carlyle Group LP makes up approximately 0.21% of Garrison Bradford Associates Inc’s portfolio.
Other Hedge Funds, Including , Douglass Winthrop Advisors added CG to its portfolio by purchasing 12,650 company shares during the most recent quarter which is valued at $206,195. The Carlyle Group LP makes up approx 0.02% of Douglass Winthrop Advisors’s portfolio. Cutler Group Lp added CG to its portfolio by purchasing 397 company shares during the most recent quarter which is valued at $6,471.
The Carlyle Group LP opened for trading at $16.9 and hit $16.94 on the upside on Monday, eventually ending the session at $16.87, with a gain of 0.18% or 0.03 points. The heightened volatility saw the trading volume jump to 8,31,098 shares. Company has a market cap of $5,470 M.
On the company’s financial health, The Carlyle Group LP reported $0.35 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Jul 27, 2016. Analyst had a consensus of $0.30. The company had revenue of $533.00 million for the quarter, compared to analysts expectations of $501.00 million. The company’s revenue was down -19.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.55 EPS.
Investors should note that on Jul 27, 2016, The Carlyle Group LP announced a cash dividend of $0.6300. The company’s management has announced Aug 11, 2016 as the ex-dividend date and fixed the record date on Aug 15, 2016. The payable date has been fixed on Aug 24, 2016.
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.