Vontobel Holding Ltd. Lowers Holdings in Carlisle Companies Incorporated (NYSE:CSL)

Vontobel Holding Ltd. trimmed its holdings in Carlisle Companies Incorporated (NYSE:CSL) by 10.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 12,573 shares of the conglomerate’s stock after selling 1,532 shares during the period. Vontobel Holding Ltd.’s holdings in Carlisle Companies were worth $3,928,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in CSL. Citigroup Inc. lifted its position in shares of Carlisle Companies by 48.1% in the first quarter. Citigroup Inc. now owns 20,327 shares of the conglomerate’s stock valued at $4,998,000 after acquiring an additional 6,603 shares in the last quarter. Great West Life Assurance Co. Can lifted its position in shares of Carlisle Companies by 0.6% in the first quarter. Great West Life Assurance Co. Can now owns 29,831 shares of the conglomerate’s stock worth $7,549,000 after buying an additional 176 shares in the last quarter. Raymond James Trust N.A. lifted its position in shares of Carlisle Companies by 3.5% in the first quarter. Raymond James Trust N.A. now owns 2,160 shares of the conglomerate’s stock worth $531,000 after buying an additional 73 shares in the last quarter. Synovus Financial Corp lifted its position in shares of Carlisle Companies by 7.9% in the first quarter. Synovus Financial Corp now owns 4,958 shares of the conglomerate’s stock worth $1,206,000 after buying an additional 363 shares in the last quarter. Finally, Sei Investments Co. lifted its position in shares of Carlisle Companies by 23.6% in the first quarter. Sei Investments Co. now owns 53,110 shares of the conglomerate’s stock worth $13,028,000 after buying an additional 10,150 shares in the last quarter. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Carlisle Companies Trading Down 1.5 %

CSL opened at $368.76 on Thursday. The stock has a market cap of $17.63 billion, a price-to-earnings ratio of 24.20, a P/E/G ratio of 1.33 and a beta of 0.93. The stock’s 50 day moving average price is $367.36 and its 200-day moving average price is $314.67. Carlisle Companies Incorporated has a one year low of $205.10 and a one year high of $403.44. The company has a debt-to-equity ratio of 0.67, a quick ratio of 2.57 and a current ratio of 2.87.

Carlisle Companies (NYSE:CSL) last released its earnings results on Tuesday, February 6th. The conglomerate reported $4.17 EPS for the quarter, beating analysts’ consensus estimates of $3.47 by $0.70. The firm had revenue of $1.13 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Carlisle Companies had a return on equity of 28.31% and a net margin of 15.07%. The company’s quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $3.92 earnings per share. On average, equities analysts forecast that Carlisle Companies Incorporated will post 18.7 EPS for the current year.

Carlisle Companies Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, March 1st. Investors of record on Friday, February 16th were paid a $0.85 dividend. The ex-dividend date of this dividend was Thursday, February 15th. This represents a $3.40 annualized dividend and a yield of 0.92%. Carlisle Companies’s dividend payout ratio (DPR) is currently 22.31%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on CSL shares. Robert W. Baird boosted their target price on Carlisle Companies from $400.00 to $435.00 and gave the stock an “outperform” rating in a research report on Tuesday, April 9th. The Goldman Sachs Group started coverage on Carlisle Companies in a research report on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 target price on the stock. Oppenheimer boosted their target price on Carlisle Companies from $355.00 to $405.00 and gave the stock an “outperform” rating in a research report on Wednesday, March 20th. Loop Capital boosted their price objective on Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a research note on Monday, April 1st. Finally, StockNews.com raised Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $389.17.

Insider Buying and Selling

In related news, CEO D Christian Koch sold 6,454 shares of the stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $347.53, for a total value of $2,242,958.62. Following the transaction, the chief executive officer now owns 86,652 shares of the company’s stock, valued at $30,114,169.56. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, VP David W. Smith sold 700 shares of the stock in a transaction that occurred on Thursday, February 8th. The stock was sold at an average price of $338.54, for a total value of $236,978.00. Following the transaction, the vice president now owns 2,834 shares of the company’s stock, valued at $959,422.36. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO D Christian Koch sold 6,454 shares of the company’s stock in a transaction on Thursday, February 15th. The stock was sold at an average price of $347.53, for a total value of $2,242,958.62. Following the sale, the chief executive officer now owns 86,652 shares of the company’s stock, valued at approximately $30,114,169.56. The disclosure for this sale can be found here. Insiders have sold a total of 15,255 shares of company stock valued at $5,231,360 over the last quarter. 1.50% of the stock is owned by corporate insiders.

About Carlisle Companies

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.