BNP Paribas Arbitrage SA Has $2.07 Million Position in Carlisle Companies Incorporated (CSL)
BNP Paribas Arbitrage SA lessened its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 85.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,618 shares of the conglomerate’s stock after selling 121,927 shares during the quarter. BNP Paribas Arbitrage SA’s holdings in Carlisle Companies were worth $2,068,000 at the end of the most recent reporting period.
Several other institutional investors also recently bought and sold shares of CSL. Teacher Retirement System of Texas raised its position in Carlisle Companies by 0.5% in the 2nd quarter. Teacher Retirement System of Texas now owns 5,177 shares of the conglomerate’s stock valued at $494,000 after purchasing an additional 24 shares during the last quarter. Traynor Capital Management Inc. raised its position in Carlisle Companies by 1.1% in the 2nd quarter. Traynor Capital Management Inc. now owns 6,069 shares of the conglomerate’s stock valued at $589,000 after purchasing an additional 67 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in Carlisle Companies by 3.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 2,446 shares of the conglomerate’s stock valued at $233,000 after purchasing an additional 75 shares during the last quarter. US Bancorp DE raised its position in Carlisle Companies by 0.9% in the 2nd quarter. US Bancorp DE now owns 9,718 shares of the conglomerate’s stock valued at $927,000 after purchasing an additional 89 shares during the last quarter. Finally, Utah Retirement Systems raised its position in Carlisle Companies by 0.9% in the 2nd quarter. Utah Retirement Systems now owns 11,530 shares of the conglomerate’s stock valued at $1,100,000 after purchasing an additional 100 shares during the last quarter. Institutional investors and hedge funds own 88.83% of the company’s stock.
In other news, insider John E. Berlin sold 6,250 shares of the business’s stock in a transaction on Wednesday, August 30th. The stock was sold at an average price of $94.31, for a total transaction of $589,437.50. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 2.12% of the company’s stock.
CSL has been the subject of several research analyst reports. BidaskClub downgraded Carlisle Companies from a “hold” rating to a “sell” rating in a research report on Saturday, August 5th. Zacks Investment Research upgraded Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Friday, October 27th. Robert W. Baird reiterated a “buy” rating on shares of Carlisle Companies in a research report on Wednesday, October 4th. FBR & Co set a $125.00 price objective on Carlisle Companies and gave the company a “buy” rating in a research report on Wednesday, October 25th. Finally, Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Carlisle Companies in a research report on Sunday, August 27th. One analyst has rated the stock with a sell rating, four have given a hold rating and six have assigned a buy rating to the stock. Carlisle Companies presently has a consensus rating of “Hold” and a consensus target price of $122.33.
Shares of Carlisle Companies Incorporated (NYSE:CSL) opened at $110.75 on Friday. The firm has a market capitalization of $6,865.58, a price-to-earnings ratio of 20.51, a PEG ratio of 1.40 and a beta of 0.86. Carlisle Companies Incorporated has a 52-week low of $92.09 and a 52-week high of $116.40. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.43 and a current ratio of 2.14.
Carlisle Companies (NYSE:CSL) last released its earnings results on Tuesday, October 24th. The conglomerate reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.35 by $0.02. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.05 billion. Carlisle Companies had a return on equity of 14.11% and a net margin of 8.35%. The firm’s quarterly revenue was up 9.9% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.74 earnings per share. research analysts forecast that Carlisle Companies Incorporated will post 4.95 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Friday, December 1st. Stockholders of record on Friday, November 17th will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Thursday, November 16th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.34%. Carlisle Companies’s payout ratio is currently 29.31%.
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Carlisle Companies Profile
Carlisle Companies Incorporated is a manufacturing company. The Company designs, manufactures and markets a range of products that serve a range of markets, including commercial roofing, energy, agriculture, mining, construction, aerospace and defense electronics, medical technology, transportation, general industrial, protective coatings, wood, auto refinishing, foodservice, and healthcare and sanitary maintenance.
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