Vinva Investment Management Ltd Has $1.72 Million Stock Position in Carlisle Companies Incorporated (NYSE:CSL)

Vinva Investment Management Ltd lowered its stake in Carlisle Companies Incorporated (NYSE:CSL) by 82.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 4,667 shares of the conglomerate’s stock after selling 21,932 shares during the period. Vinva Investment Management Ltd’s holdings in Carlisle Companies were worth $1,721,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of CSL. OneDigital Investment Advisors LLC acquired a new stake in shares of Carlisle Companies in the third quarter valued at about $521,000. CIBC Asset Management Inc increased its position in Carlisle Companies by 3.3% during the third quarter. CIBC Asset Management Inc now owns 1,394 shares of the conglomerate’s stock worth $627,000 after buying an additional 45 shares during the last quarter. Caprock Group LLC acquired a new position in Carlisle Companies during the third quarter worth approximately $355,000. Commerce Bank increased its position in Carlisle Companies by 23.1% during the third quarter. Commerce Bank now owns 10,847 shares of the conglomerate’s stock worth $4,878,000 after buying an additional 2,034 shares during the last quarter. Finally, Advisors Asset Management Inc. increased its position in Carlisle Companies by 3.8% during the third quarter. Advisors Asset Management Inc. now owns 12,469 shares of the conglomerate’s stock worth $5,608,000 after buying an additional 456 shares during the last quarter. Institutional investors and hedge funds own 89.52% of the company’s stock.

Carlisle Companies Price Performance

Carlisle Companies stock opened at $339.81 on Friday. Carlisle Companies Incorporated has a 12 month low of $321.93 and a 12 month high of $481.26. The stock’s 50 day moving average is $360.12 and its 200-day moving average is $403.95. The company has a current ratio of 2.89, a quick ratio of 2.29 and a debt-to-equity ratio of 0.77. The company has a market capitalization of $15.14 billion, a price-to-earnings ratio of 12.30, a PEG ratio of 1.03 and a beta of 0.99.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 EPS for the quarter, beating the consensus estimate of $4.43 by $0.04. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. During the same period in the prior year, the business earned $4.17 EPS. Equities research analysts expect that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 3rd. Investors of record on Tuesday, February 18th were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.18%. The ex-dividend date was Tuesday, February 18th. Carlisle Companies’s dividend payout ratio (DPR) is currently 14.48%.

Insider Activity at Carlisle Companies

In related news, Director Jonathan R. Collins sold 1,050 shares of the business’s stock in a transaction that occurred on 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 directly owns 2,665 shares in the company, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Mehul Patel sold 150 shares of the business’s stock in a transaction that occurred on Saturday, February 8th. The shares were 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 ownership of the stock. The disclosure for this sale can be found here. 1.50% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

CSL has been the topic of a number of recent analyst reports. Oppenheimer reissued 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 lowered their price target on Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a research report on Friday, January 10th. Finally, The Goldman Sachs Group lowered their price target 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. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $476.00.

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.