From MarketBeat:

In recent third-quarter filings, Robeco Institutional Asset Management B.V. announced a 52.9% reduction in its stake in The Carlyle Group Inc. The investors’ share dropped from 211,475 to 237,589. Other institutions also followed suit, as 55.88% of The Carlyle Group is now owned by institutional investors and hedge funds.

The Carlyle Group Inc. reported a $0.87 earnings per share in their latest quarterly results on November 7th, outperforming analyst consensus estimates. With revenue decreasing by 44.6% in comparison to the prior year, analysts expect a 3.12 earnings per share for the current fiscal year.

The Carlyle Group remains an investor choice, with two buy ratings and eight hold ratings for the company. Despite this, stock analysts expect high returns as the company has not been completely downgraded as it has been by StockNews.com.

The Carlyle Group Inc. is a global investment firm involved in a wide range of investment strategies such as management-led buyouts, privatizations, divestitures, structured credit, equity private placements, and many more.



Read more: The Carlyle Group Inc. (NASDAQ:CG) Shares Sold by Robeco Institutional Asset Management B.V.