Virtu Financial LLC Makes New Investment in Carlisle Companies Incorporated (NYSE:CSL)

Virtu Financial LLC purchased a new position in Carlisle Companies Incorporated (NYSE:CSL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 1,375 shares of the conglomerate’s stock, valued at approximately $507,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Citigroup Inc. lifted its holdings in Carlisle Companies by 12.9% during the third quarter. Citigroup Inc. now owns 43,443 shares of the conglomerate’s stock valued at $19,538,000 after purchasing an additional 4,980 shares during the last quarter. Cerity Partners LLC grew its position in Carlisle Companies by 49.0% during the third quarter. Cerity Partners LLC now owns 6,951 shares of the conglomerate’s stock worth $3,126,000 after buying an additional 2,285 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of Carlisle Companies by 123.6% during the third quarter. Larson Financial Group LLC now owns 635 shares of the conglomerate’s stock worth $286,000 after purchasing an additional 351 shares in the last quarter. Daiwa Securities Group Inc. increased its position in shares of Carlisle Companies by 6.6% in the third quarter. Daiwa Securities Group Inc. now owns 19,355 shares of the conglomerate’s stock worth $8,705,000 after purchasing an additional 1,200 shares during the last quarter. Finally, Loomis Sayles & Co. L P purchased a new stake in Carlisle Companies in the third quarter valued at approximately $935,000. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Carlisle Companies Trading Up 0.1 %

Shares of CSL opened at $348.96 on Wednesday. The stock has a market capitalization of $15.41 billion, a P/E ratio of 12.63, a PEG ratio of 1.03 and a beta of 0.99. Carlisle Companies Incorporated has a twelve month low of $321.93 and a twelve month high of $481.26. The company has a quick ratio of 2.29, a current ratio of 2.89 and a debt-to-equity ratio of 0.77. The firm has a fifty day simple moving average of $358.30 and a two-hundred day simple moving average of $402.61.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Tuesday, February 4th. The conglomerate reported $4.47 earnings per share for the quarter, topping analysts’ consensus estimates of $4.43 by $0.04. Carlisle Companies had a net margin of 26.22% and a return on equity of 34.37%. During the same quarter last year, the company earned $4.17 earnings per share. On average, research analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current year.

Carlisle Companies Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 3rd. Stockholders of record on Tuesday, February 18th were given a $1.00 dividend. The ex-dividend date was Tuesday, February 18th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.15%. Carlisle Companies’s dividend payout ratio is currently 14.48%.

Wall Street Analysts Forecast Growth

CSL has been the topic of a number of research reports. Oppenheimer restated 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 reduced their target price on shares of Carlisle Companies from $475.00 to $460.00 and set a “buy” rating on the stock in a report on Friday, January 10th. Finally, The Goldman Sachs Group lowered their price target on shares of Carlisle Companies from $520.00 to $465.00 and set a “buy” rating for the company in a research note on Tuesday, January 14th. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $476.00.

Insider Activity

In other Carlisle Companies news, Director Jonathan R. Collins sold 1,050 shares of Carlisle Companies stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $349.24, for a total transaction of $366,702.00. Following the sale, the director now directly owns 2,665 shares of the company’s stock, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Mehul Patel sold 150 shares of the stock in a transaction that occurred on Saturday, February 8th. The stock was sold at an average price of $350.53, for a total value of $52,579.50. Following the completion of the transaction, the vice president now directly owns 815 shares of the company’s stock, valued at $285,681.95. This represents a 15.54 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.50% of the company’s stock.

Carlisle Companies 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.