UBS Group AG Purchases 4,882 Shares of Carlisle Companies Incorporated (NYSE:CSL)

UBS Group AG lifted its position in shares of Carlisle Companies Incorporated (NYSE:CSL – Get Rating) by 17.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 32,816 shares of the conglomerate’s stock after purchasing an additional 4,882 shares during the quarter. UBS Group AG owned about 0.06% of Carlisle Companies worth $7,733,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in CSL. Citigroup Inc. boosted its position in shares of Carlisle Companies by 48.1% during the first quarter. Citigroup Inc. now owns 20,327 shares of the conglomerate’s stock valued at $4,998,000 after purchasing an additional 6,603 shares in the last quarter. Great West Life Assurance Co. Can raised its stake in Carlisle Companies by 0.6% during the first quarter. Great West Life Assurance Co. Can now owns 29,831 shares of the conglomerate’s stock valued at $7,549,000 after buying an additional 176 shares during the last quarter. Raymond James Trust N.A. grew its stake in shares of Carlisle Companies by 3.5% in the first quarter. Raymond James Trust N.A. now owns 2,160 shares of the conglomerate’s stock worth $531,000 after acquiring an additional 73 shares during the last quarter. Synovus Financial Corp grew its stake in shares of Carlisle Companies by 7.9% in the first quarter. Synovus Financial Corp now owns 4,958 shares of the conglomerate’s stock worth $1,206,000 after acquiring an additional 363 shares during the last quarter. Finally, Sei Investments Co. grew its stake in shares of Carlisle Companies by 23.6% in the first quarter. Sei Investments Co. now owns 53,110 shares of the conglomerate’s stock worth $13,028,000 after acquiring an additional 10,150 shares during the last quarter. 89.76% of the stock is currently owned by institutional investors.

Carlisle Companies Stock Down 0.2 %

CSL stock opened at $211.07 on Thursday. Carlisle Companies Incorporated has a fifty-two week low of $203.65 and a fifty-two week high of $318.71. The business’s 50-day moving average is $214.55 and its two-hundred day moving average is $235.99. The company has a debt-to-equity ratio of 0.75, a quick ratio of 1.47 and a current ratio of 2.31. The company has a market cap of $10.76 billion, a price-to-earnings ratio of 13.32, a P/E/G ratio of 0.68 and a beta of 0.91.

Carlisle Companies (NYSE:CSL – Get Rating) last posted its earnings results on Thursday, April 27th. The conglomerate reported $2.57 earnings per share for the quarter, missing analysts’ consensus estimates of $2.62 by ($0.05). Carlisle Companies had a net margin of 13.26% and a return on equity of 32.04%. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the prior year, the company posted $4.26 EPS. The firm’s revenue was down 21.2% compared to the same quarter last year. As a group, analysts forecast that Carlisle Companies Incorporated will post 18.36 earnings per share for the current year.

Carlisle Companies Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 1st. Shareholders of record on Wednesday, May 17th will be issued a $0.75 dividend. This represents a $3.00 dividend on an annualized basis and a yield of 1.42%. The ex-dividend date of this dividend is Tuesday, May 16th. Carlisle Companies’s dividend payout ratio is 18.93%.

Analyst Upgrades and Downgrades

CSL has been the topic of a number of recent research reports. Credit Suisse Group cut their target price on Carlisle Companies from $350.00 to $300.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 11th. BMO Capital Markets cut their target price on Carlisle Companies from $335.00 to $310.00 in a research note on Monday, May 1st. StockNews.com began coverage on Carlisle Companies in a research note on Thursday, May 18th. They issued a “hold” rating on the stock. Oppenheimer lowered their price target on Carlisle Companies from $360.00 to $345.00 and set an “outperform” rating on the stock in a report on Friday, March 17th. Finally, Wells Fargo & Company upped their price target on Carlisle Companies from $315.00 to $320.00 and gave the company an “outperform” rating in a report on Wednesday, February 8th. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $306.67.

Carlisle Companies Company Profile

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Carlisle Cos., Inc engages in the design, manufacture, and distribution of building envelope products and energy solutions. It operates through the following segments: Carlisle Construction Materials (CCM), Carlisle Weatherproofing Technologies (CWT), Carlisle Interconnect Technologies (CIT), and Carlisle Fluid Technologies (CFT).