The Carlyle Group LP (CG) : Okumus Fund Management Ltd. reduced its stake in The Carlyle Group LP by 30.01% during the most recent quarter end. The investment management company now holds a total of 4,994,707 shares of The Carlyle Group LP which is valued at $80,065,153 after selling 2,141,143 shares in The Carlyle Group LP , the firm said in a disclosure report filed with the SEC on Aug 15, 2016.The Carlyle Group LP makes up approximately 12.82% of Okumus Fund Management Ltd.’s portfolio.
Other Hedge Funds, Including , Algebris Investments (uk) Llp reduced its stake in CG by selling 518,994 shares or 56.45% in the most recent quarter. The Hedge Fund company now holds 400,312 shares of CG which is valued at $6,417,001. The Carlyle Group LP makes up approx 4.00% of Algebris Investments (uk) Llp’s portfolio.Neuberger Berman Group reduced its stake in CG by selling 700 shares or 4.44% in the most recent quarter. The Hedge Fund company now holds 15,075 shares of CG which is valued at $253,863. Orinda Asset Management added CG to its portfolio by purchasing 19,291 company shares during the most recent quarter which is valued at $325,632. The Carlyle Group LP makes up approx 0.35% of Orinda Asset Management’s portfolio.
The Carlyle Group LP closed down -0.19 points or -1.23% at $15.3 with 4,84,451 shares getting traded on Thursday. Post opening the session at $15.63, the shares hit an intraday low of $15.2 and an intraday high of $15.63 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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.
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.