Carlisle Companies Incorporated (NYSE:CSL) Shares Sold by Jump Financial LLC

Jump Financial LLC trimmed its holdings in shares of Carlisle Companies Incorporated (NYSE:CSL - Free Report) by 96.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 650 shares of the conglomerate's stock after selling 16,677 shares during the period. Jump Financial LLC's holdings in Carlisle Companies were worth $240,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. TD Private Client Wealth LLC increased its position in Carlisle Companies by 475.0% during the fourth quarter. TD Private Client Wealth LLC now owns 69 shares of the conglomerate's stock worth $25,000 after buying an additional 57 shares in the last quarter. Farther Finance Advisors LLC increased its position in Carlisle Companies by 95.1% during the 4th quarter. Farther Finance Advisors LLC now owns 160 shares of the conglomerate's stock worth $59,000 after purchasing an additional 78 shares in the last quarter. UMB Bank n.a. raised its stake in Carlisle Companies by 55.4% in the 4th quarter. UMB Bank n.a. now owns 188 shares of the conglomerate's stock valued at $69,000 after purchasing an additional 67 shares during the last quarter. Generali Asset Management SPA SGR purchased a new position in Carlisle Companies in the 4th quarter valued at about $93,000. Finally, MV Capital Management Inc. grew its holdings in shares of Carlisle Companies by 253.5% during the fourth quarter. MV Capital Management Inc. now owns 251 shares of the conglomerate's stock worth $93,000 after buying an additional 180 shares in the last quarter. 89.52% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Jonathan R. Collins sold 1,050 shares of the business's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $349.24, for a total value of $366,702.00. Following the transaction, the director now owns 2,665 shares in the company, valued at approximately $930,724.60. The trade was a 28.26 % decrease in their ownership of the stock. 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 firm's stock in a transaction that occurred on Saturday, February 8th. The shares were sold at an average price of $350.53, for a total value of $52,579.50. Following the sale, the vice president now owns 815 shares of the company's stock, valued at approximately $285,681.95. This trade represents a 15.54 % decrease in their position. The disclosure for this sale can be found here. Insiders own 1.40% of the company's stock.

Carlisle Companies Stock Up 1.7 %

Shares of NYSE:CSL traded up $6.38 during midday trading on Friday, hitting $386.17. 46,678 shares of the company's stock traded hands, compared to its average volume of 389,980. Carlisle Companies Incorporated has a twelve month low of $311.41 and a twelve month high of $481.26. The company has a market cap of $16.70 billion, a PE ratio of 13.98, a P/E/G ratio of 1.03 and a beta of 0.94. The company has a debt-to-equity ratio of 0.77, a quick ratio of 2.29 and a current ratio of 2.89. The firm's fifty day moving average price is $344.86 and its two-hundred day moving average price is $385.66.

Carlisle Companies (NYSE:CSL - Get Free Report) last issued its earnings results on Wednesday, April 23rd. The conglomerate reported $3.61 earnings per share for the quarter, topping the consensus estimate of $3.53 by $0.08. The company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. Carlisle Companies had a return on equity of 34.37% and a net margin of 26.22%. The company's revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.72 earnings per share. On average, equities research analysts anticipate that Carlisle Companies Incorporated will post 22.31 EPS for the current fiscal year.

Carlisle Companies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, June 2nd. Stockholders of record on Monday, May 19th will be given a dividend of $1.00 per share. The ex-dividend date is Monday, May 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.04%. Carlisle Companies's payout ratio is currently 14.89%.

Analysts Set New Price Targets

CSL has been the subject of several recent analyst reports. The Goldman Sachs Group lowered their target price 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. Robert W. Baird increased their target price on Carlisle Companies from $455.00 to $460.00 and gave the stock an "outperform" rating in a research report on Thursday, April 24th. Loop Capital lowered their price target on Carlisle Companies from $475.00 to $460.00 and set a "buy" rating for the company in a report on Friday, January 10th. Zelman & Associates upgraded shares of Carlisle Companies from an "underperform" rating to a "neutral" rating in a report on Monday, April 14th. Finally, StockNews.com downgraded shares of Carlisle Companies from a "hold" rating to a "sell" rating in a report on Monday. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $454.00.

About Carlisle Companies

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.