UniSuper Management Pty Ltd Sells 2,167 Shares of Carlisle Companies Incorporated (NYSE:CSL)

UniSuper Management Pty Ltd reduced its stake in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 70.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 900 shares of the conglomerate's stock after selling 2,167 shares during the period. UniSuper Management Pty Ltd's holdings in Carlisle Companies were worth $332,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Diversify Advisory Services LLC increased its stake in shares of Carlisle Companies by 1.7% in the fourth quarter. Diversify Advisory Services LLC now owns 1,587 shares of the conglomerate's stock worth $586,000 after buying an additional 26 shares during the period. GAMMA Investing LLC increased its position in shares of Carlisle Companies by 3.0% in the fourth quarter. GAMMA Investing LLC now owns 1,325 shares of the conglomerate's stock valued at $489,000 after acquiring an additional 38 shares during the period. Metis Global Partners LLC raised its stake in shares of Carlisle Companies by 6.4% during the fourth quarter. Metis Global Partners LLC now owns 646 shares of the conglomerate's stock valued at $238,000 after acquiring an additional 39 shares during the last quarter. Harbor Capital Advisors Inc. boosted its holdings in shares of Carlisle Companies by 1.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 4,141 shares of the conglomerate's stock worth $1,527,000 after purchasing an additional 43 shares during the period. Finally, TIAA Trust National Association grew its stake in shares of Carlisle Companies by 9.2% in the fourth quarter. TIAA Trust National Association now owns 581 shares of the conglomerate's stock worth $214,000 after purchasing an additional 49 shares during the last quarter. Institutional investors own 89.52% of the company's stock.

Carlisle Companies Stock Down 0.1 %

Shares of NYSE CSL traded down $0.23 during mid-day trading on Friday, hitting $326.87. 834,299 shares of the stock traded hands, compared to its average volume of 374,942. The company has a market cap of $14.43 billion, a price-to-earnings ratio of 11.83, a PEG ratio of 1.03 and a beta of 0.94. The stock has a fifty day moving average price of $348.76 and a 200-day moving average price of $398.95. Carlisle Companies Incorporated has a 52 week low of $312.60 and a 52 week high of $481.26. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89.

Carlisle Companies (NYSE:CSL - Get Free Report) last released its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, topping analysts' consensus estimates of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. During the same period in the prior year, the firm posted $4.17 EPS. Research analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Tuesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.22%. Carlisle Companies's payout ratio is 14.48%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Oppenheimer reaffirmed an "outperform" rating and set a $495.00 price target (down previously from $505.00) on shares of Carlisle Companies in a research report on Friday, December 20th. Loop Capital decreased their target price on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a report on Friday, January 10th. Finally, The Goldman Sachs Group reduced their price objective on shares of Carlisle Companies from $520.00 to $465.00 and set a "buy" rating on the stock in a research report on Tuesday, January 14th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $476.00.

Insider Transactions at Carlisle Companies

In other Carlisle Companies news, VP Mehul Patel sold 150 shares of Carlisle Companies stock in a transaction on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total value of $52,579.50. Following the completion of the sale, the vice president now owns 815 shares of the company's stock, valued at approximately $285,681.95. This trade represents a 15.54 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $349.24, for a total value of $366,702.00. Following the completion of the sale, the director now owns 2,665 shares of the company's stock, valued at $930,724.60. The trade was a 28.26 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 1.50% of the company's stock.

Carlisle Companies Company Profile

Carlisle Companies Incorporated operates as a manufacturer and supplier of building envelope products and solutions in the United States, Europe, North America, Asia and the Middle East, Africa, and internationally. It operates through two segments: Carlisle Construction Materials and Carlisle Weatherproofing Technologies.