Jane Street Group LLC trimmed its position in shares of Carlisle Companies, Inc. (NYSE:CSL) by 22.9% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,784 shares of the conglomerate’s stock after selling 3,199 shares during the period. Jane Street Group LLC’s holdings in Carlisle Companies were worth $1,082,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. Vident Investment Advisory LLC bought a new position in Carlisle Companies in the 3rd quarter worth about $422,000. Cornerstone Capital Management Holdings LLC. bought a new position in Carlisle Companies in the 3rd quarter worth about $2,752,000. Anchor Bolt Capital LP bought a new position in Carlisle Companies in the 3rd quarter worth about $2,392,000. AMP Capital Investors Ltd grew its stake in Carlisle Companies by 45.7% in the 3rd quarter. AMP Capital Investors Ltd now owns 15,100 shares of the conglomerate’s stock worth $1,514,000 after acquiring an additional 4,736 shares in the last quarter. Finally, Royce & Associates LP grew its stake in Carlisle Companies by 52.7% in the 3rd quarter. Royce & Associates LP now owns 113,781 shares of the conglomerate’s stock worth $11,411,000 after acquiring an additional 39,264 shares in the last quarter. Institutional investors own 88.98% of the company’s stock.
A number of equities analysts have commented on the stock. FBR & Co set a $125.00 target price on shares of Carlisle Companies and gave the stock a “buy” rating in a research note on Thursday, October 12th. SunTrust Banks restated a “buy” rating and issued a $120.00 target price on shares of Carlisle Companies in a research note on Wednesday, October 4th. Buckingham Research assumed coverage on shares of Carlisle Companies in a research note on Tuesday, September 5th. They issued a “buy” rating and a $115.00 target price on the stock. Oppenheimer restated a “hold” rating on shares of Carlisle Companies in a research note on Wednesday, October 25th. Finally, Zacks Investment Research upgraded shares of Carlisle Companies from a “sell” rating to a “hold” rating in a research note on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the stock. Carlisle Companies presently has an average rating of “Buy” and an average price target of $122.33.
Shares of Carlisle Companies, Inc. (NYSE:CSL) opened at $111.90 on Wednesday. Carlisle Companies, Inc. has a 52-week low of $92.09 and a 52-week high of $116.53. The firm has a market cap of $6,998.24, a P/E ratio of 20.91, a PEG ratio of 1.43 and a beta of 0.88. The company has a debt-to-equity ratio of 0.32, a current ratio of 2.14 and a quick ratio of 1.43.
Carlisle Companies (NYSE:CSL) last announced its quarterly earnings results on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.02. Carlisle Companies had a net margin of 8.35% and a return on equity of 14.11%. The firm had revenue of $1.09 billion during the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter in the prior year, the company earned $1.74 EPS. The company’s revenue was up 9.9% compared to the same quarter last year. research analysts expect that Carlisle Companies, Inc. will post 4.95 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, December 1st. Stockholders of record on Friday, November 17th were given a $0.37 dividend. The ex-dividend date of this dividend was Thursday, November 16th. This represents a $1.48 annualized dividend and a dividend yield of 1.32%. Carlisle Companies’s payout ratio is presently 29.31%.
About Carlisle Companies
Carlisle Companies Incorporated is a manufacturing company. The Company designs, manufactures and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing, foodservice, and healthcare and sanitary maintenance.
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