Saturna Capital Corp buys $35,166,834 stake in Carlisle Companies (CSL)

Carlisle Companies (CSL) : Saturna Capital Corp scooped up 261 additional shares in Carlisle Companies during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 8, 2016. The investment management firm now holds a total of 331,700 shares of Carlisle Companies which is valued at $35,166,834.Carlisle Companies makes up approximately 1.08% of Saturna Capital Corp’s portfolio.

Other Hedge Funds, Including , Swiss National Bank reduced its stake in CSL by selling 700 shares or 0.65% in the most recent quarter. The Hedge Fund company now holds 107,200 shares of CSL which is valued at $11,239,920. Carlisle Companies makes up approx 0.02% of Swiss National Bank’s portfolio. Signaturefd sold out all of its stake in CSL during the most recent quarter. The investment firm sold 7 shares of CSL which is valued $723.Retirement Systems Of Alabama boosted its stake in CSL in the latest quarter, The investment management firm added 59,025 additional shares and now holds a total of 196,001 shares of Carlisle Companies which is valued at $20,199,863. Carlisle Companies makes up approx 0.11% of Retirement Systems Of Alabama’s portfolio. Simplex Trading sold out all of its stake in CSL during the most recent quarter. The investment firm sold 208 shares of CSL which is valued $22,325.

Carlisle Companies opened for trading at $106.01 and hit $107.54 on the upside on Monday, eventually ending the session at $107.53, with a gain of 1.78% or 1.88 points. The heightened volatility saw the trading volume jump to 2,58,961 shares. Company has a market cap of $6,949 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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