Cubist Systematic Strategies LLC Trims Stake in Carlisle Companies, Inc. (CSL)

Cubist Systematic Strategies LLC lowered its holdings in Carlisle Companies, Inc. (NYSE:CSL) by 15.4% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 8,999 shares of the conglomerate’s stock after selling 1,636 shares during the quarter. Cubist Systematic Strategies LLC’s holdings in Carlisle Companies were worth $903,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CSL. Fuller & Thaler Asset Management Inc. purchased a new stake in Carlisle Companies during the 3rd quarter worth approximately $100,000. Toronto Dominion Bank purchased a new stake in Carlisle Companies during the 3rd quarter worth approximately $126,000. Marble Harbor Investment Counsel LLC purchased a new stake in Carlisle Companies during the 3rd quarter worth approximately $201,000. Raymond James Financial Services Advisors Inc. grew its position in Carlisle Companies by 3.2% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,446 shares of the conglomerate’s stock worth $233,000 after purchasing an additional 75 shares during the last quarter. Finally, Ontario Teachers Pension Plan Board acquired a new stake in Carlisle Companies during the 2nd quarter valued at approximately $253,000. Institutional investors and hedge funds own 88.91% of the company’s stock.

Carlisle Companies, Inc. (CSL) traded down $1.32 during trading on Friday, hitting $116.96. 272,173 shares of the stock were exchanged, compared to its average volume of 284,776. Carlisle Companies, Inc. has a fifty-two week low of $92.09 and a fifty-two week high of $119.21. The stock has a market capitalization of $7,250.00, a price-to-earnings ratio of 23.11, a price-to-earnings-growth ratio of 1.20 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 released its earnings results on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share (EPS) for the quarter, topping the Zacks’ 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 business had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the prior year, the firm earned $1.74 earnings per share. The company’s revenue for the quarter was up 9.9% compared to the same quarter last year. equities analysts expect that Carlisle Companies, Inc. will post 4.89 EPS for the current fiscal year.

CSL has been the subject of several research reports. BMO Capital Markets restated a “buy” rating and set a $130.00 price objective on shares of Carlisle Companies in a research note on Friday, September 22nd. Zacks Investment Research upgraded shares of Carlisle Companies from a “sell” rating to a “hold” rating in a research note on Tuesday, September 26th. FBR & Co reiterated a “buy” rating on shares of Carlisle Companies in a research note on Tuesday, October 3rd. Robert W. Baird reiterated a “buy” rating on shares of Carlisle Companies in a research note on Wednesday, October 4th. Finally, SunTrust Banks reiterated a “buy” rating and issued a $120.00 target price on shares of Carlisle Companies in a research note on Wednesday, October 4th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $123.25.

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Carlisle Companies Company Profile

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.

Institutional Ownership by Quarter for Carlisle Companies (NYSE:CSL)

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