Virtu Financial LLC Takes $471,000 Position in Carlisle Companies Incorporated (NYSE:CSL)

Virtu Financial LLC acquired a new stake in Carlisle Companies Incorporated (NYSE:CSL) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,509 shares of the conglomerate’s stock, valued at approximately $471,000.

Several other institutional investors and hedge funds have also made changes to their positions in CSL. Norges Bank purchased a new stake in shares of Carlisle Companies in the fourth quarter valued at $159,187,000. Pacer Advisors Inc. lifted its position in Carlisle Companies by 5,351.1% during the fourth quarter. Pacer Advisors Inc. now owns 421,422 shares of the conglomerate’s stock worth $131,665,000 after buying an additional 413,691 shares during the period. Public Employees Retirement Association of Colorado lifted its position in Carlisle Companies by 666.0% during the fourth quarter. Public Employees Retirement Association of Colorado now owns 227,949 shares of the conglomerate’s stock worth $71,218,000 after buying an additional 198,191 shares during the period. Morgan Stanley lifted its position in Carlisle Companies by 3.6% during the third quarter. Morgan Stanley now owns 2,578,221 shares of the conglomerate’s stock worth $668,430,000 after buying an additional 90,597 shares during the period. Finally, Adage Capital Partners GP L.L.C. lifted its position in Carlisle Companies by 4,974.6% during the third quarter. Adage Capital Partners GP L.L.C. now owns 85,000 shares of the conglomerate’s stock worth $22,037,000 after buying an additional 83,325 shares during the period. 89.52% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, CEO D Christian Koch sold 54,927 shares of the stock in a transaction dated Monday, May 20th. The stock was sold at an average price of $420.06, for a total value of $23,072,635.62. Following the completion of the sale, the chief executive officer now owns 86,652 shares in the company, valued at $36,399,039.12. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In other Carlisle Companies news, CAO Stephen Aldrich sold 1,095 shares of the firm’s stock in a transaction that occurred on Friday, May 3rd. The stock was sold at an average price of $397.50, for a total transaction of $435,262.50. Following the completion of the sale, the chief accounting officer now owns 1,624 shares in the company, valued at approximately $645,540. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO D Christian Koch sold 54,927 shares of the firm’s stock in a transaction that occurred on Monday, May 20th. The shares were sold at an average price of $420.06, for a total value of $23,072,635.62. Following the sale, the chief executive officer now owns 86,652 shares of the company’s stock, valued at approximately $36,399,039.12. The disclosure for this sale can be found here. Over the last quarter, insiders sold 58,059 shares of company stock worth $24,334,065. 1.50% of the stock is currently owned by corporate insiders.

Carlisle Companies Stock Performance

Shares of NYSE:CSL opened at $421.87 on Wednesday. The firm has a market capitalization of $20.08 billion, a PE ratio of 24.46, a P/E/G ratio of 1.36 and a beta of 0.91. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.95 and a quick ratio of 2.61. The business has a 50-day moving average of $402.24 and a two-hundred day moving average of $358.57. Carlisle Companies Incorporated has a 12 month low of $235.79 and a 12 month high of $430.21.

Carlisle Companies (NYSE:CSL) last posted its earnings results on Thursday, April 25th. The conglomerate reported $3.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.74 by $0.98. Carlisle Companies had a return on equity of 30.41% and a net margin of 17.13%. The business had revenue of $1.10 billion during the quarter, compared to analyst estimates of $993.06 million. As a group, research analysts forecast that Carlisle Companies Incorporated will post 19.92 earnings per share for the current year.

Carlisle Companies Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, June 3rd. Stockholders of record on Monday, May 20th were paid a $0.85 dividend. The ex-dividend date of this dividend was Friday, May 17th. This represents a $3.40 dividend on an annualized basis and a dividend yield of 0.81%. Carlisle Companies’s dividend payout ratio (DPR) is currently 19.71%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on CSL shares. Loop Capital increased their target price on Carlisle Companies from $375.00 to $440.00 and gave the stock a “buy” rating in a research report on Monday, April 1st. Oppenheimer increased their target price on Carlisle Companies from $412.00 to $430.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Robert W. Baird increased their target price on Carlisle Companies from $435.00 to $465.00 and gave the stock an “outperform” rating in a research report on Friday, April 26th. Finally, The Goldman Sachs Group started coverage on Carlisle Companies in a research note on Wednesday, April 3rd. They set a “buy” rating and a $455.00 price target for the company. One research analyst has rated the stock with a sell rating, one has given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Carlisle Companies currently has an average rating of “Moderate Buy” and an average price target of $416.00.

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.