Nisa Investment Advisors LLC Sells 50 Shares of Carlisle Companies Incorporated (NYSE:CSL)

Nisa Investment Advisors LLC decreased its stake in shares of Carlisle Companies Incorporated (NYSE:CSL) by 0.2% in the third quarter, Holdings Channel.com reports. The fund owned 21,895 shares of the conglomerate’s stock after selling 50 shares during the period. Nisa Investment Advisors LLC’s holdings in Carlisle Companies were worth $9,847,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. ORG Partners LLC purchased a new stake in Carlisle Companies in the 2nd quarter worth $31,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Carlisle Companies in the second quarter worth about $32,000. ORG Wealth Partners LLC bought a new position in Carlisle Companies during the third quarter valued at approximately $32,000. Gilliland Jeter Wealth Management LLC purchased a new position in Carlisle Companies during the 2nd quarter valued at approximately $39,000. Finally, UMB Bank n.a. increased its stake in Carlisle Companies by 317.2% in the 3rd quarter. UMB Bank n.a. now owns 121 shares of the conglomerate’s stock worth $54,000 after acquiring an additional 92 shares during the last quarter. 89.52% of the stock is owned by hedge funds and other institutional investors.

Carlisle Companies Stock Up 0.8 %

NYSE CSL opened at $422.11 on Thursday. Carlisle Companies Incorporated has a 52 week low of $252.55 and a 52 week high of $481.26. The firm has a market capitalization of $19.52 billion, a price-to-earnings ratio of 14.94, a PEG ratio of 1.52 and a beta of 0.91. The company has a quick ratio of 2.50, a current ratio of 2.89 and a debt-to-equity ratio of 0.63. The company has a fifty day moving average of $435.32 and a two-hundred day moving average of $417.12.

Carlisle Companies (NYSE:CSL) last released its quarterly earnings results on Thursday, October 24th. The conglomerate reported $5.78 EPS for the quarter, missing analysts’ consensus estimates of $5.82 by ($0.04). Carlisle Companies had a return on equity of 31.65% and a net margin of 27.88%. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.38 billion. During the same period in the prior year, the firm posted $4.68 earnings per share. Carlisle Companies’s revenue for the quarter was up 5.9% on a year-over-year basis. On average, analysts predict that Carlisle Companies Incorporated will post 20.57 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on CSL shares. Oppenheimer raised their target price on shares of Carlisle Companies from $480.00 to $505.00 and gave the company an “outperform” rating in a report on Tuesday, October 22nd. StockNews.com cut shares of Carlisle Companies from a “buy” rating to a “hold” rating in a research note on Tuesday, August 27th. Finally, Robert W. Baird decreased their target price on shares of Carlisle Companies from $506.00 to $500.00 and set an “outperform” rating on the stock in a research report on Friday, October 25th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat, Carlisle Companies currently has a consensus rating of “Moderate Buy” and an average price target of $475.00.

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.