As Carlisle Cos. (CSL) Shares Declined, Shareholder Inverness Counsel LLC Decreased Its Stake by $4.40 Million

April 16, 2018 - By Samuel McNeil

Carlisle Companies Incorporated (NYSE:CSL) Corporate LogoBig Money Sentiment increased to 0.98 in Q4 2017. It has change of 0.13, from 2017Q3’s 0.85. The ratio improved due to CSL positioning: 35 sold and 104 reduced. 51 funds bought stakes and 85 increased stakes. Investors holded 53.11 million in 2017Q3 but now own 51.37 million shares or 3.29% less. Ing Groep Nv, a Netherlands-based fund reported 9,354 shs. Huntington National Bank reported 0.01% of its capital in Carlisle Companies Incorporated (NYSE:CSL). Fifth Third Financial Bank owns 2,760 shs. South Dakota Inv Council invested 0.09% in Carlisle Companies Incorporated (NYSE:CSL). Alabama-based Retirement Sys Of Alabama has invested 0.08% in Carlisle Companies Incorporated (NYSE:CSL). Nelson Van Denburg & Campbell Wealth Grp Lc owns 1,778 shs or 0.05% of their US capital. Motco stated it has 44 shs. State Of Alaska Department Of Revenue holds 3,700 shs or 0.01% of its capital. Davenport And Lc has 0.01% invested in Carlisle Companies Incorporated (NYSE:CSL) for 4,110 shs. Tradewinds Mgmt Ltd accumulated 50 shs. Massachusetts-based Btim Corp has invested 0.03% in Carlisle Companies Incorporated (NYSE:CSL). Deutsche Commercial Bank Ag holds 0.02% or 245,899 shs. Boston Common Asset Lc holds 74,983 shs. Appleton Ptnrs Ma invested in 3,241 shs or 0.06% of the stock. Blackrock holds 5.07M shs.

Based on the latest 2017Q4 regulatory filing with the SEC, Inverness Counsel Llc decreased its holdings in Carlisle Cos. (CSL) by 4.34%. The company’s stock sank 8.96% while Inverness Counsel Llc sold 38,907 shares. At the end of 2017Q4, the institutional investor held 857,743 shares of the specialty chemicals company, priced at $97.48 million, down from 896,650 at the end of the previous reported quarter. Carlisle Cos. has $6.15B MC. On during the last trading session the stock increased $0.93 or 0.94%, reaching $100.27.Carlisle Companies Incorporated has volume of 222,297 shares. Since April 16, 2017 CSL has declined 2.26% and is downtrending. CSL underperformed the S&P 500 by 13.81%.

About $2.49 billion and $1.59 billion US Long portfolio the Inverness Counsel Llc manages. Its stake in Kraft Heinz Co was rose by 152,599 shares to 509,264 shares valued at $39.60 million in 2017Q4, according to the filing. Inverness Counsel Llc has risen its stake in Microsoft Corp (NASDAQ:MSFT) and also increased its holding in Schlumberger (NYSE:SLB) by 69,165 shares in the quarter, for a total of 255,942 shares.

Analysts await Carlisle Companies Incorporated (NYSE:CSL) to report earnings on April, 26. They expect $1.05 earnings per share, up 0.96 % or $0.01 from last year’s $1.04 per share. CSL’s profit will be $64.44M for 23.87 P/E if the $1.05 EPS becomes a reality. After $1.17 actual earnings per share reported by Carlisle Companies Incorporated for the previous quarter, Wall Street now forecasts -10.26 % negative EPS growth.

Carlisle Companies Incorporated (NYSE:CSL) Ratings Coverage

Total analysts of 4 have positions in Carlisle Companies (NYSE:CSL) as follows: 4 rated it a “Buy”, 0 with “Sell” and 0 with “Hold”. The positive are 100%. Since October 25, 2017 according to StockzIntelligence Inc Carlisle Companies has 6 analyst reports. On Friday, February 9 the stock of Carlisle Companies Incorporated (NYSE:CSL) earned “Buy” rating by SunTrust. In Friday, February 9 report Robert W. Baird maintained the stock with “Outperform” rating. On Friday, April 6 the stock of Carlisle Companies Incorporated (NYSE:CSL) earned “Outperform” rating by BMO Capital Markets. On Tuesday, October 24 BMO Capital Markets maintained Carlisle Companies Incorporated (NYSE:CSL) rating. BMO Capital Markets has “Buy” rating and $130.0 target. On Wednesday, October 25 the firm has “Outperform” rating by Robert W. Baird given.

Carlisle Companies Incorporated (NYSE:CSL) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter: