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CG

Carlyle Group

$24.35

-0.05 (-0.20%)

, UBSH

Union Bankshares

$38.79

0.54 (1.41%)

16:33
01/19/18
01/19
16:33
01/19/18
16:33

Carlyle Group reports 6% passive stake in Union Bankshares

In a regulatory filing, Carlyle Group (CG) disclosed a 6% stake in Union Bankshares (UBSH), representing 3,965,963 shares. The filing does not allow for activism.

CG

Carlyle Group

$24.35

-0.05 (-0.20%)

UBSH

Union Bankshares

$38.79

0.54 (1.41%)

  • 23

    Jan

CG Carlyle Group
$24.35

-0.05 (-0.20%)

10/10/17
SBSH
10/10/17
DOWNGRADE
Target $25.5
SBSH
Neutral
Carlyle Group downgraded to Neutral from Buy at Citi
Citi analyst William Katz downgraded Carlyle Group to Neutral citing valuation with the shares up 60% year-to-date. The analyst keeps a $25.50 price target for the shares.
10/10/17
10/10/17
DOWNGRADE

On The Fly: Top five analyst downgrades
Catch up on today's top five analyst downgrades with this list compiled by The Fly: 1. HSBC (HSBC) downgraded to Underperform from Neutral at Credit Suisse with analyst Sanjay Jain citing valuation. 2. Jabil Circuit (JBL) downgraded to Sell from Neutral at Goldman Sachs with analyst Mark Delaney saying street expectations, which assume Jabil's earnings grow double digits year-over-year for both of the next two years, are overly optimistic. 3. Carlyle Group (CG) downgraded to Neutral from Buy at Citi with analyst William Katz citing valuation with the shares up 60% year-to-date. 4. Eli Lilly (LLY) downgraded to Neutral from Outperform at Credit Suisse with analyst Vamil Divan saying the valuation looks full with the shares up 13% since mid-August. 5. Ralph Lauren (RL) downgraded to Sell from Hold at Miller Tabak. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
11/14/17
OPCO
11/14/17
NO CHANGE
Target $40
OPCO
Outperform
Envision buyout price could approach $50 per share, says Oppenheimer
After Bloomberg reported that private equity firms Carlyle Group (CG) and Onex have shown interest, Oppenheimer analyst Michael Wiederhorn says he believes a buyout offer for Envision Healthcare could approach $50 per share. The stock in afternoon trading is up 8% to $27.96. Such an offer is based on an 11 times 2018 EBITDA estimate, which is multiple similar to the one paid by Blackstone (BX) for Team Health in late 2016, Wiederhorn tells investors in a research note. The analyst believes Envision has a "strong growth business" and he recommends continuing to buy the shares at current levels. Wiederhorn has an Outperform rating on Envision with a $40 price target.
12/04/17
MSCO
12/04/17
NO CHANGE
Target $28
MSCO
Overweight
Carlyle Group recent weakness a buying opportunity, says Morgan Stanley
Morgan Stanley analyst Michael Cyprys noted Carlyle Group shares have sold off by over 15% since the announcement of the company's management transition. However, he sees this pullback as a buying opportunity, as he has increased conviction in the company's ability to ramp up management fees in 2018 following a recent Bloomberg article that said its flagship North America buyout fund is approaching a cap of $18.5B, which tops the initial $15B target and would give the company $30B of global corporate private equity buying power when combined with Carlyle's Europe and Asia buyout funds. He maintains an Overweight rating and $28 price target on Carlyle shares.
UBSH Union Bankshares
$38.79

0.54 (1.41%)

01/24/17
COMP
01/24/17
UPGRADE
COMP
Buy
Union Bankshares upgraded to Buy from Sell at Compass Point
05/23/17
KBWI
05/23/17
UPGRADE
Target $38
KBWI
Outperform
Union Bankshares upgraded to Outperform from Market Perform at Keefe Bruyette
Keefe Bruyette analyst Catherine Mealor upgraded Union Bankshares (UBSH) to Outperform following the company's acquisition of Xenith Bankshares (XBKS). The analyst raised her price target for the shares to $38 from $37.
05/24/17
RAJA
05/24/17
UPGRADE
Target $41
RAJA
Strong Buy
Union Bankshares upgraded to Strong Buy from Outperform at Raymond James
Raymond James analyst William Wallace upgraded Union Bankshares (UBSH) to Strong Buy and raised his price target for the shares to $41 from $38 after the company reached an agreement to acquire Xenith Bankshares (XBKS). The deal establishes Union as the largest regional bank in Virginia, Wallace tells investors in a research note. He views the stock as undervalued.

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ALV

Autoliv

$106.86

1.57 (1.49%)

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VC

Visteon

$131.71

3.58 (2.79%)

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Visteon rating change  »

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ABT

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1.05 (1.70%)

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Morgan Stanley

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ADTN

Adtran

$16.05

0.1 (0.63%)

20:14
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  • 18

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FSBW

FS Bancorp

$61.64

-1.86 (-2.93%)

, ANCB

Anchor Bancorp

$28.50

0.3 (1.06%)

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$61.64

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Anchor Bancorp

$28.50

0.3 (1.06%)

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CGC

Canopy Growth

$26.41

-1.19 (-4.31%)

20:06
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Breaking Hot Stocks news story on Canopy Growth  »

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BA

Boeing

$356.95

0.94 (0.26%)

19:10
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  • 25

    Jul

MRTN

Marten Transport

$22.10

(0.00%)

, UAL

United Continental

$72.66

0.38 (0.53%)

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United Continental

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CSX

CSX

$64.42

0.46 (0.72%)

MLNX

Mellanox

$84.85

0.9 (1.07%)

IBKR

Interactive Brokers

$64.65

1.93 (3.08%)

HCSG

Healthcare Services

$42.38

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TXN

Texas Instruments

$115.80

1.21 (1.06%)

SAH

Sonic Automotive

$20.45

0.3 (1.49%)

CARA

Cara Therapeutics

$21.60

0.435 (2.06%)

CASI

Casi Pharmaceuticals

$7.26

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TLYS

Tilly's

$15.35

0.21 (1.39%)

CLX

Clorox

$135.00

0.71 (0.53%)

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BHP

BHP Billiton

$48.73

0.24 (0.49%)

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BHP Billiton

$48.73

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CLX

Clorox

$135.00

0.71 (0.53%)

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  • 02

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NCS

NCI Building

$20.70

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AMX

America Movil, also tag AMOV

$17.39

-0.35 (-1.97%)

, AMOV

America Movil, also tag AMX

$17.45

-0.19 (-1.08%)

18:16
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America Movil, also tag AMOV

$17.39

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AMOV

America Movil, also tag AMX

$17.45

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AMZN

Amazon.com

$1,844.00

21.98 (1.21%)

18:08
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Recommendations
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BRK.A

Berkshire Hathaway

$288,482.00

-1118 (-0.39%)

, BRK.B

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-1.52 (-0.79%)

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$288,482.00

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Berkshire Hathaway

$190.47

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PNFP

Pinnacle Financial

$60.10

-0.5 (-0.83%)

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  • 18

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CHDN

Churchill Downs

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  • 02

    Aug

CE

Celanese

$110.22

1.6 (1.47%)

18:01
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  • 20

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BLK

BlackRock

$504.89

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17:51
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DRNA

Dicerna

$12.47

0.57 (4.79%)

17:45
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Conference/Events
Dicerna management to meet with SunTrust »

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  • 17

    Jul

GOOG

Alphabet

$1,198.81

14.57 (1.23%)

, GOOGL

Alphabet Class A

$1,213.65

17.07 (1.43%)

17:44
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Periodicals
Google faces record EU fine over Android dominance, FT reports »

Alphabet's Google…

GOOG

Alphabet

$1,198.81

14.57 (1.23%)

GOOGL

Alphabet Class A

$1,213.65

17.07 (1.43%)

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  • 17

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    Oct

BA

Boeing

$356.95

0.94 (0.26%)

17:39
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17:39
Periodicals
Breaking Periodicals news story on Boeing »

Boeing awarded $3.9B…

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