Brandywine Global Investment Management LLC Has $5.08 Million Holdings in Carlisle Companies Incorporated (CSL)
Brandywine Global Investment Management LLC lowered its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 2.0% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 53,210 shares of the conglomerate’s stock after selling 1,110 shares during the period. Brandywine Global Investment Management LLC owned approximately 0.08% of Carlisle Companies worth $5,077,000 as of its most recent SEC filing.
A number of other hedge funds also recently added to or reduced their stakes in the business. Voya Investment Management LLC boosted its stake in shares of Carlisle Companies by 47.6% in the 2nd quarter. Voya Investment Management LLC now owns 88,854 shares of the conglomerate’s stock worth $8,477,000 after buying an additional 28,662 shares during the last quarter. Ontario Teachers Pension Plan Board bought a new stake in shares of Carlisle Companies in the 2nd quarter worth approximately $253,000. Dimensional Fund Advisors LP raised its holdings in shares of Carlisle Companies by 1.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 673,362 shares of the conglomerate’s stock worth $64,234,000 after purchasing an additional 7,035 shares during the period. Virtu KCG Holdings LLC raised its holdings in shares of Carlisle Companies by 342.0% in the 2nd quarter. Virtu KCG Holdings LLC now owns 10,366 shares of the conglomerate’s stock worth $989,000 after purchasing an additional 8,021 shares during the period. Finally, Citadel Advisors LLC raised its holdings in shares of Carlisle Companies by 142.6% in the 2nd quarter. Citadel Advisors LLC now owns 186,335 shares of the conglomerate’s stock worth $17,776,000 after purchasing an additional 109,527 shares during the period. Institutional investors and hedge funds own 88.55% of the company’s stock.
A number of equities research analysts recently commented on the stock. CIBC reaffirmed a “market perform” rating on shares of Carlisle Companies in a report on Wednesday, June 14th. SunTrust Banks, Inc. reaffirmed a “buy” rating and issued a $120.00 price target on shares of Carlisle Companies in a report on Wednesday. FBR & Co reaffirmed a “buy” rating on shares of Carlisle Companies in a report on Tuesday. Buckingham Research assumed coverage on shares of Carlisle Companies in a report on Tuesday, September 5th. They issued a “buy” rating and a $115.00 price target on the stock. Finally, BidaskClub cut shares of Carlisle Companies from a “hold” rating to a “sell” rating in a report on Friday, June 9th. One analyst has rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $122.00.
Shares of Carlisle Companies Incorporated (CSL) opened at 103.18 on Friday. The firm’s 50-day moving average is $96.85 and its 200-day moving average is $99.63. The company has a market cap of $6.52 billion, a PE ratio of 29.16 and a beta of 0.79. Carlisle Companies Incorporated has a one year low of $92.09 and a one year high of $116.40.
Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.61 by ($0.03). Carlisle Companies had a return on equity of 15.18% and a net margin of 6.04%. The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the business posted $1.75 earnings per share. The firm’s revenue was up 7.5% on a year-over-year basis. On average, equities analysts anticipate that Carlisle Companies Incorporated will post $5.15 EPS for the current year.
In other Carlisle Companies news, insider John E. Berlin sold 6,250 shares of the stock in a transaction that occurred on Wednesday, August 30th. The shares were sold at an average price of $94.31, for a total value of $589,437.50. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 2.12% of the stock is currently owned by company insiders.
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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