Rep. Jefferson Shreve Sells The Carlyle Group Inc. (NASDAQ:CG) Stock

by · The Cerbat Gem

Representative Jefferson Shreve (R-Indiana) recently sold shares of The Carlyle Group Inc. (NASDAQ:CG). In a filing disclosed on April 11th, the Representative disclosed that they had sold between $15,001 and $50,000 in The Carlyle Group stock on March 5th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.

Representative Jefferson Shreve also recently made the following trade(s):

  • Purchased $15,001 – $50,000 in shares of Harley-Davidson (NYSE:HOG) on 3/31/2025.
  • Purchased $50,001 – $100,000 in shares of Block (NYSE:XYZ) on 3/31/2025.
  • Sold $15,001 – $50,000 in shares of DuPont de Nemours (NYSE:DD) on 3/31/2025.
  • Purchased $15,001 – $50,000 in shares of United Community Banks (NASDAQ:UCB) on 3/31/2025.
  • Sold $15,001 – $50,000 in shares of IDEX (NYSE:IEX) on 3/31/2025.
  • Purchased $15,001 – $50,000 in shares of HNI (NYSE:HNI) on 3/31/2025.
  • Sold $50,001 – $100,000 in shares of ServiceNow (NYSE:NOW) on 3/31/2025.
  • Sold $15,001 – $50,000 in shares of Coinbase Global (NASDAQ:COIN) on 3/31/2025.
  • Sold $15,001 – $50,000 in shares of Constellation Energy (NASDAQ:CEG) on 3/31/2025.
  • Sold $50,001 – $100,000 in shares of Simon Property Group (NYSE:SPG) on 3/31/2025.

The Carlyle Group Stock Performance

CG traded up $0.45 on Tuesday, reaching $37.04. The company had a trading volume of 504,980 shares, compared to its average volume of 2,522,537. The Carlyle Group Inc. has a 1 year low of $33.02 and a 1 year high of $57.50. The company has a quick ratio of 2.32, a current ratio of 2.32 and a debt-to-equity ratio of 1.42. The stock has a market capitalization of $13.38 billion, a PE ratio of 13.36, a P/E/G ratio of 0.98 and a beta of 1.72. The stock has a 50-day moving average price of $44.93 and a 200-day moving average price of $49.22.

The Carlyle Group (NASDAQ:CG – Get Free Report) last announced its earnings results on Monday, February 10th. The financial services provider reported $0.92 earnings per share for the quarter, missing the consensus estimate of $1.00 by ($0.08). The Carlyle Group had a return on equity of 24.02% and a net margin of 18.81%. As a group, research analysts forecast that The Carlyle Group Inc. will post 4.48 EPS for the current fiscal year.

The Carlyle Group Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, February 28th. Stockholders of record on Friday, February 21st were given a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 3.78%. The ex-dividend date of this dividend was Friday, February 21st. The Carlyle Group’s dividend payout ratio (DPR) is presently 50.36%.

Analyst Upgrades and Downgrades

CG has been the subject of several research reports. Wells Fargo & Company cut their price target on The Carlyle Group from $48.00 to $39.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 8th. Barclays cut their target price on shares of The Carlyle Group from $55.00 to $43.00 and set an “overweight” rating for the company in a research note on Monday, April 7th. Wolfe Research raised The Carlyle Group from a “peer perform” rating to an “outperform” rating and set a $60.00 price objective for the company in a research report on Friday, January 3rd. Morgan Stanley cut their price target on shares of The Carlyle Group from $57.00 to $44.00 and set an “equal weight” rating on the stock in a research note on Monday. Finally, Bank of America dropped their price objective on The Carlyle Group from $47.00 to $46.00 and set an “underperform” rating for the company in a report on Friday, April 4th. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $50.71.

View Our Latest Stock Report on The Carlyle Group

Institutional Investors Weigh In On The Carlyle Group

Institutional investors have recently bought and sold shares of the stock. Massachusetts Financial Services Co. MA raised its position in The Carlyle Group by 201.4% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 6,351,432 shares of the financial services provider’s stock worth $320,684,000 after acquiring an additional 4,244,131 shares in the last quarter. William Blair Investment Management LLC lifted its position in shares of The Carlyle Group by 15.5% during the 4th quarter. William Blair Investment Management LLC now owns 13,249,941 shares of the financial services provider’s stock valued at $668,990,000 after acquiring an additional 1,773,465 shares during the last quarter. Raymond James Financial Inc. acquired a new position in shares of The Carlyle Group in the 4th quarter worth $83,784,000. Frontier Capital Management Co. LLC raised its position in shares of The Carlyle Group by 98.8% during the fourth quarter. Frontier Capital Management Co. LLC now owns 2,455,963 shares of the financial services provider’s stock worth $124,002,000 after purchasing an additional 1,220,827 shares during the period. Finally, Norges Bank acquired a new position in shares of The Carlyle Group in the 4th quarter valued at $44,532,000. Institutional investors and hedge funds own 55.88% of the company’s stock.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.

Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.

Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About The Carlyle Group

(Get Free Report)

The Carlyle Group Inc is an investment firm specializing in direct and fund of fund investments. Within direct investments, it specializes in management-led/ Leveraged buyouts, privatizations, divestitures, strategic minority equity investments, structured credit, global distressed and corporate opportunities, small and middle market, equity private placements, consolidations and buildups, senior debt, mezzanine and leveraged finance, and venture and growth capital financings, seed/startup, early venture, emerging growth, turnaround, mid venture, late venture, PIPES.

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