BI Asset Management Fondsmaeglerselskab A S Acquires 852 Shares of Carlisle Companies Incorporated (NYSE:CSL)

BI Asset Management Fondsmaeglerselskab A S boosted its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 153.5% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,407 shares of the conglomerate’s stock after purchasing an additional 852 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Carlisle Companies were worth $440,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of CSL. Allworth Financial LP grew its stake in Carlisle Companies by 88.9% during the fourth quarter. Allworth Financial LP now owns 85 shares of the conglomerate’s stock worth $27,000 after buying an additional 40 shares in the last quarter. Principal Securities Inc. acquired a new stake in Carlisle Companies during the fourth quarter worth about $32,000. Tennessee Valley Asset Management Partners acquired a new stake in shares of Carlisle Companies in the 4th quarter valued at approximately $40,000. Robeco Institutional Asset Management B.V. boosted its stake in shares of Carlisle Companies by 38.1% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 13,841 shares of the conglomerate’s stock valued at $43,000 after purchasing an additional 3,815 shares in the last quarter. Finally, Signaturefd LLC boosted its stake in shares of Carlisle Companies by 28.9% in the 3rd quarter. Signaturefd LLC now owns 196 shares of the conglomerate’s stock valued at $51,000 after purchasing an additional 44 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Carlisle Companies news, CEO D Christian Koch sold 54,927 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $420.06, for a total transaction of $23,072,635.62. Following the completion of the transaction, the chief executive officer now owns 86,652 shares in the company, valued at approximately $36,399,039.12. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other news, CAO Stephen Aldrich sold 1,095 shares of Carlisle Companies stock in a transaction on Friday, May 3rd. The shares were sold at an average price of $397.50, for a total value of $435,262.50. Following the completion of the sale, the chief accounting officer now owns 1,624 shares in the company, valued at approximately $645,540. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO D Christian Koch sold 54,927 shares of Carlisle Companies stock in a transaction on Monday, May 20th. The shares were sold at an average price of $420.06, for a total transaction of $23,072,635.62. Following the completion of the sale, the chief executive officer now owns 86,652 shares of the company’s stock, valued at approximately $36,399,039.12. The disclosure for this sale can be found here. In the last 90 days, insiders sold 58,059 shares of company stock worth $24,334,065. 1.50% of the stock is currently owned by insiders.

Carlisle Companies Stock Up 0.0 %

Shares of NYSE CSL opened at $423.61 on Friday. The company has a 50 day simple moving average of $393.42 and a 200 day simple moving average of $340.77. The firm has a market cap of $20.16 billion, a PE ratio of 24.56, a price-to-earnings-growth ratio of 1.42 and a beta of 0.90. Carlisle Companies Incorporated has a 1 year low of $207.91 and a 1 year high of $429.60. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.95 and a quick ratio of 2.61.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.74 by $0.98. Carlisle Companies had a net margin of 17.13% and a return on equity of 30.41%. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $993.06 million. On average, research analysts forecast that Carlisle Companies Incorporated will post 19.91 EPS for the current year.

Carlisle Companies Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 3rd. Shareholders of record on Monday, May 20th will be issued a dividend of $0.85 per share. The ex-dividend date is Friday, May 17th. This represents a $3.40 annualized dividend and a yield of 0.80%. Carlisle Companies’s payout ratio is 19.71%.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. StockNews.com upgraded shares of Carlisle Companies from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Robert W. Baird raised their price target on shares of Carlisle Companies from $435.00 to $465.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. The Goldman Sachs Group assumed coverage on shares of Carlisle Companies in a research note on Wednesday, April 3rd. They issued a “buy” rating and a $455.00 price target on the stock. Loop Capital raised their price target on shares of Carlisle Companies from $375.00 to $440.00 and gave the company a “buy” rating in a research note on Monday, April 1st. Finally, Oppenheimer raised their price target on shares of Carlisle Companies from $412.00 to $430.00 and gave the company an “outperform” rating in a research note on Friday, April 26th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Carlisle Companies currently has a consensus rating of “Moderate Buy” and an average price target of $416.00.

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.