Vinva Investment Management Ltd Cuts Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Vinva Investment Management Ltd lowered its holdings in Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 82.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,667 shares of the conglomerate's stock after selling 21,932 shares during the quarter. Vinva Investment Management Ltd's holdings in Carlisle Companies were worth $1,721,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. Madison Investment Advisors LLC purchased a new stake in Carlisle Companies in the 4th quarter worth approximately $148,208,000. FMR LLC grew its position in Carlisle Companies by 29.6% during the third quarter. FMR LLC now owns 955,289 shares of the conglomerate's stock valued at $429,641,000 after buying an additional 218,002 shares during the period. Caisse DE Depot ET Placement DU Quebec grew its position in Carlisle Companies by 6,405.8% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 179,559 shares of the conglomerate's stock valued at $80,757,000 after buying an additional 176,799 shares during the period. AustralianSuper Pty Ltd raised its position in shares of Carlisle Companies by 732.1% in the fourth quarter. AustralianSuper Pty Ltd now owns 142,856 shares of the conglomerate's stock worth $52,691,000 after acquiring an additional 125,687 shares during the period. Finally, Holocene Advisors LP boosted its stake in shares of Carlisle Companies by 151.3% during the 3rd quarter. Holocene Advisors LP now owns 176,974 shares of the conglomerate's stock worth $79,594,000 after acquiring an additional 106,539 shares in the last quarter. Hedge funds and other institutional investors own 89.52% of the company's stock.

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Insider Activity at Carlisle Companies

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

Carlisle Companies Price Performance

NYSE CSL traded up $0.26 during mid-day trading on Tuesday, hitting $348.96. The stock had a trading volume of 541,117 shares, compared to its average volume of 354,224. The firm's 50 day moving average is $358.97 and its 200 day moving average is $402.98. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.89 and a quick ratio of 2.29. The stock has a market capitalization of $15.41 billion, a price-to-earnings ratio of 12.63, a PEG ratio of 1.03 and a beta of 0.99. Carlisle Companies Incorporated has a twelve month low of $321.93 and a twelve month high of $481.26.

Carlisle Companies (NYSE:CSL - Get Free Report) last posted its quarterly earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, topping the consensus estimate 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 company earned $4.17 EPS. Equities research analysts forecast that Carlisle Companies Incorporated will post 22.31 earnings per share for the current fiscal year.

Carlisle Companies Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $1.00 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.15%. Carlisle Companies's dividend payout ratio (DPR) is presently 14.48%.

Analysts Set New Price Targets

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

Carlisle Companies 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.