Carlisle Companies Incorporated (CSL) Position Lowered by Verition Fund Management LLC

Verition Fund Management LLC lowered its position in Carlisle Companies Incorporated (NYSE:CSL) by 51.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,262 shares of the conglomerate’s stock after selling 6,663 shares during the period. Verition Fund Management LLC’s holdings in Carlisle Companies were worth $597,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CSL. UBS Asset Management Americas Inc. increased its position in shares of Carlisle Companies by 46.2% in the 1st quarter. UBS Asset Management Americas Inc. now owns 49,531 shares of the conglomerate’s stock valued at $5,271,000 after buying an additional 15,645 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Carlisle Companies in the 1st quarter valued at $252,000. Neuberger Berman Group LLC increased its position in shares of Carlisle Companies by 4.8% in the 1st quarter. Neuberger Berman Group LLC now owns 8,848 shares of the conglomerate’s stock valued at $942,000 after buying an additional 402 shares in the last quarter. Credit Agricole S A increased its position in shares of Carlisle Companies by 216.3% in the 1st quarter. Credit Agricole S A now owns 8,946 shares of the conglomerate’s stock valued at $952,000 after buying an additional 6,118 shares in the last quarter. Finally, OppenheimerFunds Inc. increased its position in shares of Carlisle Companies by 25.8% in the 1st quarter. OppenheimerFunds Inc. now owns 8,485 shares of the conglomerate’s stock valued at $903,000 after buying an additional 1,738 shares in the last quarter. Institutional investors and hedge funds own 88.56% of the company’s stock.

CSL has been the subject of a number of recent analyst reports. BidaskClub upgraded shares of Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Saturday, July 1st. Zacks Investment Research cut Carlisle Companies from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Robert W. Baird reiterated an “outperform” rating on shares of Carlisle Companies in a report on Monday, July 10th. FBR & Co reiterated an “outperform” rating and set a $125.00 target price on shares of Carlisle Companies in a report on Tuesday, July 11th. Finally, Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Carlisle Companies in a report on Sunday, August 27th. Two analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $122.00.

In other Carlisle Companies news, insider John E. Berlin sold 6,250 shares of Carlisle Companies stock in a transaction 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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.12% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Carlisle Companies Incorporated (CSL) Position Lowered by Verition Fund Management LLC” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/18/carlisle-companies-incorporated-csl-position-lowered-by-verition-fund-management-llc.html.

Carlisle Companies Incorporated (CSL) traded up 0.254% during trading on Wednesday, reaching $100.545. The company’s stock had a trading volume of 27,722 shares. The stock’s 50-day moving average is $98.24 and its 200 day moving average is $99.26. Carlisle Companies Incorporated has a 12 month low of $92.09 and a 12 month high of $116.40. The company has a market cap of $6.35 billion, a P/E ratio of 28.419 and a beta of 0.79.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share for the quarter, missing the consensus estimate of $1.61 by ($0.03). Carlisle Companies had a net margin of 6.04% and a return on equity of 15.18%. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the firm posted $1.75 earnings per share. The company’s revenue for the quarter was up 7.5% on a year-over-year basis.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in CSL. UBS Asset Management Americas Inc. increased its position in shares of Carlisle Companies by 46.2% in the 1st quarter. UBS Asset Management Americas Inc. now owns 49,531 shares of the conglomerate’s stock valued at $5,271,000 after buying an additional 15,645 shares in the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Carlisle Companies in the 1st quarter valued at $252,000. Neuberger Berman Group LLC increased its position in shares of Carlisle Companies by 4.8% in the 1st quarter. Neuberger Berman Group LLC now owns 8,848 shares of the conglomerate’s stock valued at $942,000 after buying an additional 402 shares in the last quarter. Credit Agricole S A increased its position in shares of Carlisle Companies by 216.3% in the 1st quarter. Credit Agricole S A now owns 8,946 shares of the conglomerate’s stock valued at $952,000 after buying an additional 6,118 shares in the last quarter. Finally, OppenheimerFunds Inc. increased its position in shares of Carlisle Companies by 25.8% in the 1st quarter. OppenheimerFunds Inc. now owns 8,485 shares of the conglomerate’s stock valued at $903,000 after buying an additional 1,738 shares in the last quarter. Institutional investors and hedge funds own 88.56% of the company’s stock.

CSL has been the subject of a number of recent analyst reports. BidaskClub upgraded shares of Carlisle Companies from a “sell” rating to a “hold” rating in a research report on Saturday, July 1st. Zacks Investment Research cut Carlisle Companies from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. Robert W. Baird reiterated an “outperform” rating on shares of Carlisle Companies in a report on Monday, July 10th. FBR & Co reiterated an “outperform” rating and set a $125.00 target price on shares of Carlisle Companies in a report on Tuesday, July 11th. Finally, Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Carlisle Companies in a report on Sunday, August 27th. Two analysts have rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $122.00.

In other Carlisle Companies news, insider John E. Berlin sold 6,250 shares of Carlisle Companies stock in a transaction 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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 2.12% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Carlisle Companies Incorporated (CSL) Position Lowered by Verition Fund Management LLC” was published by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another site, it was stolen and republished in violation of United States and international copyright and trademark legislation. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/18/carlisle-companies-incorporated-csl-position-lowered-by-verition-fund-management-llc.html.

Carlisle Companies Incorporated (CSL) traded up 0.254% during trading on Wednesday, reaching $100.545. The company’s stock had a trading volume of 27,722 shares. The stock’s 50-day moving average is $98.24 and its 200 day moving average is $99.26. Carlisle Companies Incorporated has a 12 month low of $92.09 and a 12 month high of $116.40. The company has a market cap of $6.35 billion, a P/E ratio of 28.419 and a beta of 0.79.

Carlisle Companies (NYSE:CSL) last posted its quarterly earnings results on Tuesday, July 25th. The conglomerate reported $1.58 earnings per share for the quarter, missing the consensus estimate of $1.61 by ($0.03). Carlisle Companies had a net margin of 6.04% and a return on equity of 15.18%. The company had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.06 billion. During the same period last year, the firm posted $1.75 earnings per share. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. On average, equities analysts forecast that Carlisle Companies Incorporated will post $5.01 EPS for the current fiscal year.

Carlisle Companies Company Profile

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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Institutional Ownership by Quarter for Carlisle Companies (NYSE:CSL)

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