Shares of Carlyle Group Inc (The) – Ordinary Shares (NASDAQ:CG) traded today at $60.02, eclipsing its 52-week high. This new high was reached on below average trading volume as 144,000 shares traded hands, while the average 30-day volume is approximately 2 million shares.
Carlyle is one of the world’s largest alternative asset managers, with $293.1 billion in total assets under management, including $176.4 billion in fee-earning AUM, at the end of September 2021. The company has three core business segments: private equity, which includes private equity, real estate, infrastructure and natural resources funds (accounting for 54% of fee-earning AUM and 67% of base management fees during 2020), global credit (25% and 21%) and investment solutions (21% and 12%). The firm primarily serves institutional investors and high-net-worth individuals. Carlyle operates through 29 offices across five continents, serving close to 2,700 active carry fund investors from 95 countries.
Carlyle Group Inc (The) – Ordinary Shares (NASDAQ:CG) is currently priced 88.6% above its average consensus analyst price target of $6.79.
Carlyle Group Inc (The) – Ordinary Shares share prices have moved between a 52-week high of $60.02 and a 52-week low of $25.36 and are now trading 135% above that low price at $59.66 per share.
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