The Carlyle Group LP (CG) : Verde Servicos Internacionais S.a. reduced its stake in The Carlyle Group LP by 1.78% during the most recent quarter end. The investment management company now holds a total of 1,243,528 shares of The Carlyle Group LP which is valued at $20,704,741 after selling 22,473 shares in The Carlyle Group LP , the firm said in a disclosure report filed with the SEC on Jul 18, 2016.The Carlyle Group LP makes up approximately 1.73% of Verde Servicos Internacionais S.a.’s portfolio.
Other Hedge Funds, Including , Simplex Trading added CG to its portfolio by purchasing 6,030 company shares during the most recent quarter which is valued at $100,400. The Carlyle Group LP makes up approx 0.01% of Simplex Trading’s portfolio. 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.North Star Investment Management Corp. reduced its stake in CG by selling 2,800 shares or 20.14% in the most recent quarter. The Hedge Fund company now holds 11,100 shares of CG which is valued at $180,930. The Carlyle Group LP makes up approx 0.03% of North Star Investment Management Corp.’s portfolio.
The Carlyle Group LP opened for trading at $16.37 and hit $16.66 on the upside on Wednesday, eventually ending the session at $16.65, with a gain of 1.46% or 0.24 points. The heightened volatility saw the trading volume jump to 4,25,146 shares. Company has a market cap of $5,398 M.
On the company’s financial health, The Carlyle Group LP reported $0.18 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 27, 2016. Analyst had a consensus of $0.14. The company had revenue of $483.10 million for the quarter, compared to analysts expectations of $382.95 million. The company’s revenue was down -57.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.54 EPS.
Many Wall Street Analysts have commented on The Carlyle Group LP. The Carlyle Group LP was Downgraded by Keefe Bruyette to ” Mkt Perform” on Apr 28, 2016. Company shares were Reiterated by UBS on Apr 28, 2016 to “Buy”, Firm has raised the Price Target to $ 20 from a previous price target of $18 .
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.