Roundview Capital Lowers stake in Carlisle Companies (CSL)

Carlisle Companies (CSL) : Roundview Capital reduced its stake in Carlisle Companies by 1.16% during the most recent quarter end. The investment management company now holds a total of 25,600 shares of Carlisle Companies which is valued at $2,704,640 after selling 300 shares in Carlisle Companies , the firm said in a disclosure report filed with the SEC on Aug 12, 2016.Carlisle Companies makes up approximately 0.96% of Roundview Capital’s portfolio.

Other Hedge Funds, Including , Paradigm Asset Management Co reduced its stake in CSL by selling 6,200 shares or 86.1% in the most recent quarter. The Hedge Fund company now holds 1,001 shares of CSL which is valued at $105,756. Carlisle Companies makes up approx 0.02% of Paradigm Asset Management Co’s portfolio. Burney Co added CSL to its portfolio by purchasing 1,910 company shares during the most recent quarter which is valued at $201,792. Carlisle Companies makes up approx 0.01% of Burney Co’s portfolio.Eagle Asset Management Inc reduced its stake in CSL by selling 6,409 shares or 3.53% in the most recent quarter. The Hedge Fund company now holds 175,322 shares of CSL which is valued at $18,817,310. Carlisle Companies makes up approx 0.12% of Eagle Asset Management Inc’s portfolio.

Carlisle Companies opened for trading at $104.33 and hit $105.13 on the upside on Monday, eventually ending the session at $104.75, with a gain of 0.35% or 0.37 points. The heightened volatility saw the trading volume jump to 1,84,272 shares. Company has a market cap of $6,769 M.

On the company’s financial health, Carlisle Companies reported $1.75 EPS for the quarter, beating the analyst consensus estimate by $ 0.12 according to the earnings call on Jul 26, 2016. Analyst had a consensus of $1.63. The company had revenue of $996.90 million for the quarter, compared to analysts expectations of $1011.93 million. The company’s revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.54 EPS.

Many Wall Street Analysts have commented on Carlisle Companies. Carlisle Companies was Downgraded by Northcoast to ” Neutral” on Jun 2, 2016. Topeka Capital Markets Initiated Carlisle Companies on May 26, 2016 to “Buy”, Price Target of the shares are set at $118.

Carlisle Companies Incorporated (Carlisle) is a holding company for Carlisle Corporation and its wholly-owned subsidiaries. Carlisle is a diversified manufacturing company. The Company operates through four segments.. The Carlisle Construction Materials segment manufactures and sells rubber thermoplastic polyolefin and polyvinyl chloride membrane roofing systems. The Carlisle Interconnect Technologies segment designs and manufactures wire cable connectors contacts and cable assemblies for the transfer of power and data for the aerospace medical defense electronics test and measurement equipment. The Carlisle Brake & Friction segment’s products include brakes and friction material and clutch and transmission friction material. The Carlisle FoodService Products segment is a manufacturer distributor and seller of commercial foodservice and janitorial products.

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