|Bid||23.50 x 800|
|Ask||24.00 x 2200|
|Day's range||23.50 - 23.90|
|52-week range||19.50 - 25.90|
|PE ratio (TTM)||13.22|
|Earnings date||1 Aug 2018|
|Forward dividend & yield||1.58 (6.68%)|
|1y target est||27.67|
LP appointed Minoru Koshibe as a senior adviser on Carlyle Japan’s advisory team. Washington, D.C.-based Carlyle closed in June on $6.55 billion for a new fund to invest across the Asia-Pacific region in technology, consumer and other sectors.
July 10 (Reuters) - The following financial services industry appointments were announced on Tuesday. To inform us of other job changes, email email@example.com. BANK OF AMERICA MERRILL LYNCH The ...
In the second quarter, The Carlyle Group’s (CG) EPS may rise sequentially because of equity market recovery. Improving equity markets boost its AUM (assets under management), improving its revenue. Of the 12 analysts covering Carlyle, four recommend “strong buy,” five recommend “buy,” and three recommend “hold.” Their ratings have stayed the same over the past few months.
Alternative asset managers’ (XLF) performance is primarily assessed using four metrics: fundraising realizations deployments investment performance
The Carlyle Group’s (CG) NTM (next-12-month) PE ratio is 8.4x, lower than competitors’ average of 11.1x. Peers’ NTM PE ratios are as follows: KKR (KKR): 10.6x Blackstone (BX): 10.7x Apollo Global Management (APO): 12.1x
The Carlyle Group’s (CG) real assets segment ended the first quarter with total AUM (assets under management) of $44 billion, of which legacy energy AUM comprised $5 billion, real estate comprised $19 billion, and natural resources comprised $20.1 billion. In the first quarter, the real assets segment’s fee-related earnings rose substantially YoY (year-over-year) to $24 million, supported by fund management fees. The segment’s deployments rose YoY to $1.9 billion, and its fund management fees rose YoY to $74 million from $56 million.
The Carlyle Group’s (CG) corporate private equity segment saw fundraising of $3.9 billion in the first quarter, compared with $0.2 billion in Q1 2017. Meanwhile, competitors (XLF) Apollo Global Management (APO) and Blackstone (BX) saw inflows of $461 million and $4 billion in their respective private equity segments, and KKR (KKR) ended the first quarter with AUM (assets under management) of $102.2 billion in its private market segment.
In the first quarter, The Carlyle Group’s (CG) carry funds rose 3% amid equity volatility, mainly because of tariff fears and interest rates talks. The second quarter kicked off with a strong earnings season, boosting markets. Later on, the jobs report, which indicated improving employment conditions, helped equity markets.
Apple CEO Tim Cook started working at the tech company 20 years ago thanks to a decision Steve Jobs encouraged him to make.
Carlyle Group closed the new fund—aimed at investing in technology, consumer and other sectors across the Asia-Pacific region—after it surpassed its target of $5 billion.
Carlyle Group said on Thursday it had raised $6.55 billion for its Asia private equity fund, its biggest ever, which will seek buyout and strategic investment opportunities across a wide range of sectors in the region. The latest fund is more than Carlyle's initial target of $5 billion and 65 percent bigger than its previous Asia buyout fund, said the U.S.-based private equity firm with $201 billion of assets under management globally. Reuters reported last month, citing people with knowledge of the matter, that Carlyle had raised its Asia fundraising target following a strong response from its investors and that it was looking to close the fund at $6.5 billion.
The real-estate investment trust planning to take control of bankrupt HCR ManorCare Inc. explained its decision to keep the nursing home operator’s management, saying debt placed on it by its private-equity owners burdened an otherwise “effective” team. Thomas DeRosa, chief executive officer of Welltower Inc., appeared Wednesday at the Nareit REITweek 2018 Investor Conference in New York.
Jim Cramer rattles off his take on callers' favorite stocks, including a toymaker recovering from Toys R Us' bankruptcy.
Banks and the financial sector (XLF) continue to underperform the broader markets (SPY), mainly due to subdued returns on financial holdings on the back of market volatility and geopolitical tensions. Interest rate hikes going forward aren’t helping banks in their expansion of rate spreads but are putting pressure on their credit offtake.
The price-to-earnings ratio for The Blackstone Group (BX) stood at 10.50x on an NTM (next-12-month) basis while its peer average stood at 10.21x. The company’s competitors KKR & Company (KKR), Carlyle Group (CG), and Apollo Global Management (APO) have price-to-earnings ratios of 9.94x, 8.47x, and 12.23x, respectively, on an NTM basis.
This May, The Blackstone Group (BX) has been covered by 14 analysts. Seven recommend a “strong buy” for the stock. However, six analysts have given “buy” ratings, and the remaining analyst is recommending a “hold.” Over the past few months, ratings have remained constant. In 2018, the company’s credit division could be negatively impacted by the Federal Reserve’s decision to hike interest rates.
Jun.28 -- David Rubenstein, The Carlyle Group co-founder and co-executive chairman, discusses global trade tensions and his outlook for the U.S. economy with Bloomberg's Erik Schatzker on "Bloomberg Markets." Rubenstein also hosts "The David Rubenstein Show: Peer-to-Peer Conversations" on Bloomberg Television.
Jun.15 -- Bloomberg's Jason Kelly discusses Carlyle Group co-CEOs remaking the firm to depend less on its founders. He speaks with Scarlet Fu and Julia Chatterley on "Bloomberg Markets."
Jun.13 -- David Rubenstein, co-founder and co-executive chairman at The Carlyle Group, explains the three issues he sees potentially sparking a U.S. recession over the next five years. He speaks on "Bloomberg Surveillance."
Jun.13 -- David Rubenstein, co-founder and co-executive chairman at The Carlyle Group, discusses media M&A in the wake of the AT&T-Time Warner deal. He speaks on "Bloomberg Surveillance."
Jun.13 -- David Rubenstein, co-founder and co-executive chairman at The Carlyle Group, explains the attributes of a good chief executive officer and discusses the importance of corporate diversity. He speaks on "Bloomberg Surveillance."
Jun.13 -- David Rubenstein, co-founder and co-executive chairman at The Carlyle Group, discusses tech valuations and investing in technology companies. He speaks with Bloomberg's Francine Lacqua on "Bloomberg Surveillance."