Thrivent Financial For Lutherans Sells 204,680 Shares of Carlisle Companies Incorporated (CSL)
Thrivent Financial For Lutherans lowered its position in shares of Carlisle Companies Incorporated (NYSE:CSL) by 94.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 13,040 shares of the conglomerate’s stock after selling 204,680 shares during the period. Thrivent Financial For Lutherans’ holdings in Carlisle Companies were worth $1,244,000 as of its most recent filing with the Securities and Exchange Commission.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Colonial Trust Advisors increased its stake in shares of Carlisle Companies by 38.1% during the first quarter. Colonial Trust Advisors now owns 10,271 shares of the conglomerate’s stock worth $1,056,000 after purchasing an additional 2,835 shares during the period. SG Americas Securities LLC increased its stake in shares of Carlisle Companies by 15.9% during the second quarter. SG Americas Securities LLC now owns 16,285 shares of the conglomerate’s stock worth $1,554,000 after purchasing an additional 2,234 shares during the period. Impala Asset Management LLC bought a new position in shares of Carlisle Companies during the first quarter worth approximately $19,614,000. HGK Asset Management Inc. bought a new position in shares of Carlisle Companies during the second quarter worth approximately $8,008,000. Finally, American Century Companies Inc. increased its stake in shares of Carlisle Companies by 7.5% during the second quarter. American Century Companies Inc. now owns 696,860 shares of the conglomerate’s stock worth $66,480,000 after purchasing an additional 48,848 shares during the period. Institutional investors own 88.55% of the company’s stock.
Carlisle Companies Incorporated (NYSE CSL) opened at 103.13 on Thursday. Carlisle Companies Incorporated has a 1-year low of $92.09 and a 1-year high of $116.40. The company has a market cap of $6.51 billion, a price-to-earnings ratio of 29.15 and a beta of 0.79. The firm’s 50-day moving average price is $96.65 and its 200-day moving average price is $99.60.
Carlisle Companies (NYSE:CSL) last issued its earnings results on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.61 by ($0.03). Carlisle Companies had a net margin of 6.04% and a return on equity of 15.18%. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same period in the previous year, the firm earned $1.75 EPS. The company’s revenue was up 7.5% compared to the same quarter last year. Equities research analysts forecast that Carlisle Companies Incorporated will post $5.16 EPS for the current fiscal year.
In other Carlisle Companies news, insider John E. Berlin sold 6,250 shares of the business’s stock in a transaction on Wednesday, August 30th. The shares were sold at an average price of $94.31, for a total transaction of $589,437.50. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 2.12% of the company’s stock.
CSL has been the topic of a number of recent research reports. Buckingham Research began coverage on Carlisle Companies in a research note on Tuesday, September 5th. They set a “buy” rating and a $115.00 target price on the stock. BMO Capital Markets restated a “buy” rating and set a $130.00 price objective on shares of Carlisle Companies in a research note on Friday, September 22nd. FBR & Co restated a “buy” rating on shares of Carlisle Companies in a research note on Tuesday. Robert W. Baird restated a “buy” rating on shares of Carlisle Companies in a research note on Wednesday. Finally, SunTrust Banks, Inc. restated a “buy” rating and set a $120.00 price objective on shares of Carlisle Companies in a research note on Wednesday. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company’s stock. Carlisle Companies presently has an average rating of “Hold” and a consensus target price of $122.00.
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About Carlisle Companies
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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