As Digital Realty Trust (DLR) Market Value Rose, Cleararc Capital Has Decreased Position by $882,640; As Carlisle Cos (CSL) Share Value Declined, Sprucegrove Investment Management LTD Lifted Its Position by $3.24 Million

January 14, 2018 - By Peter Kolinski

Sprucegrove Investment Management Ltd increased its stake in Carlisle Cos Inc (CSL) by 18.52% based on its latest 2017Q3 regulatory filing with the SEC. Sprucegrove Investment Management Ltd bought 32,400 shares as the company’s stock declined 5.16% while stock markets rallied. The institutional investor held 207,300 shares of the specialty chemicals company at the end of 2017Q3, valued at $20.79M, up from 174,900 at the end of the previous reported quarter. Sprucegrove Investment Management Ltd who had been investing in Carlisle Cos Inc for a number of months, seems to be bullish on the $7.25 billion market cap company. The stock decreased 1.12% or $1.32 during the last trading session, reaching $116.96. About 272,173 shares traded. Carlisle Companies Incorporated (NYSE:CSL) has declined 0.67% since January 14, 2017 and is downtrending. It has underperformed by 17.37% the S&P500.

Cleararc Capital Inc decreased its stake in Digital Realty Trust Inc (DLR) by 11.44% based on its latest 2017Q3 regulatory filing with the SEC. Cleararc Capital Inc sold 7,480 shares as the company’s stock rose 10.26% with the market. The institutional investor held 57,906 shares of the consumer services company at the end of 2017Q3, valued at $6.85 million, down from 65,386 at the end of the previous reported quarter. Cleararc Capital Inc who had been investing in Digital Realty Trust Inc for a number of months, seems to be less bullish one the $22.60B market cap company. The stock decreased 2.00% or $2.16 during the last trading session, reaching $105.78. About 1.91 million shares traded or 54.44% up from the average. Digital Realty Trust, Inc. (NYSE:DLR) has risen 23.90% since January 14, 2017 and is uptrending. It has outperformed by 7.20% the S&P500.

Investors sentiment decreased to 0.85 in Q3 2017. Its down 0.05, from 0.9 in 2017Q2. It fall, as 31 investors sold CSL shares while 118 reduced holdings. 46 funds opened positions while 81 raised stakes. 53.11 million shares or 1.54% less from 53.95 million shares in 2017Q2 were reported. Lazard Asset Mngmt Ltd Liability Corporation reported 0% of its portfolio in Carlisle Companies Incorporated (NYSE:CSL). Jpmorgan Chase And holds 0.1% of its portfolio in Carlisle Companies Incorporated (NYSE:CSL) for 4.33M shares. Los Angeles Mgmt & Equity Research Incorporated holds 0% of its portfolio in Carlisle Companies Incorporated (NYSE:CSL) for 2,718 shares. Adage Capital Prns Grp Ltd Com reported 0.04% stake. Price T Rowe Assoc Md reported 308,039 shares. Old Mutual Customised Solutions (Proprietary) Ltd has invested 0.02% in Carlisle Companies Incorporated (NYSE:CSL). Delta Asset Limited Company Tn holds 0% or 91 shares. California Pub Employees Retirement System holds 0.02% or 145,170 shares in its portfolio. Northern Trust invested in 506,616 shares. First Manhattan accumulated 0% or 530 shares. Alabama-based Stanley has invested 1.29% in Carlisle Companies Incorporated (NYSE:CSL). Farmers And Merchants owns 130 shares. Nordea Invest Mngmt Ab owns 21,633 shares. Ahl Prtn Ltd Liability Partnership, a United Kingdom-based fund reported 117,909 shares. The Ohio-based Private Na has invested 0.09% in Carlisle Companies Incorporated (NYSE:CSL).

Since August 30, 2017, it had 0 insider purchases, and 1 insider sale for $589,438 activity.

Among 12 analysts covering Carlisle Companies (NYSE:CSL), 7 have Buy rating, 0 Sell and 5 Hold. Therefore 58% are positive. Carlisle Companies had 25 analyst reports since September 1, 2015 according to SRatingsIntel. SunTrust maintained the stock with “Buy” rating in Thursday, October 12 report. The rating was maintained by Oppenheimer with “Outperform” on Monday, October 5. The firm has “Hold” rating by Oppenheimer given on Wednesday, July 26. Oppenheimer maintained the stock with “Hold” rating in Sunday, August 27 report. The company was maintained on Tuesday, September 1 by Oppenheimer. The rating was maintained by BMO Capital Markets with “Buy” on Tuesday, October 24. RBC Capital Markets maintained Carlisle Companies Incorporated (NYSE:CSL) on Thursday, April 28 with “Sector Perform” rating. The stock has “Buy” rating by Robert W. Baird on Monday, October 2. The firm has “Buy” rating by BMO Capital Markets given on Tuesday, May 30. BMO Capital Markets maintained the stock with “Buy” rating in Friday, September 22 report.

Sprucegrove Investment Management Ltd, which manages about $24.66B and $1.78B US Long portfolio, decreased its stake in Carnival Corp (NYSE:CCL) by 5,700 shares to 238,842 shares, valued at $15.42M in 2017Q3, according to the filing. It also reduced its holding in Rockwell Collins Inc (NYSE:COL) by 3,500 shares in the quarter, leaving it with 150,400 shares, and cut its stake in Washington Federal (NASDAQ:WAFD).

Analysts await Digital Realty Trust, Inc. (NYSE:DLR) to report earnings on February, 15. They expect $1.52 earnings per share, up 6.29% or $0.09 from last year’s $1.43 per share. DLR’s profit will be $324.81M for 17.40 P/E if the $1.52 EPS becomes a reality. After $1.51 actual earnings per share reported by Digital Realty Trust, Inc. for the previous quarter, Wall Street now forecasts 0.66% EPS growth.

Investors sentiment increased to 2.06 in Q3 2017. Its up 1.03, from 1.03 in 2017Q2. It is positive, as 44 investors sold DLR shares while 119 reduced holdings. 95 funds opened positions while 241 raised stakes. 198.28 million shares or 22.83% more from 161.43 million shares in 2017Q2 were reported. Adelante Capital Mgmt Ltd Liability Corporation has 580,505 shares. Cim Investment Mangement stated it has 0.24% of its portfolio in Digital Realty Trust, Inc. (NYSE:DLR). Kornitzer Capital Mgmt Incorporated Ks has invested 0.18% in Digital Realty Trust, Inc. (NYSE:DLR). Payden And Rygel accumulated 111,000 shares or 1.31% of the stock. Commerzbank Aktiengesellschaft Fi holds 0% or 1,943 shares in its portfolio. Moreover, Sigma Planning Corporation has 0.07% invested in Digital Realty Trust, Inc. (NYSE:DLR). Appleton Ma stated it has 0.19% in Digital Realty Trust, Inc. (NYSE:DLR). Private Wealth Ltd Liability reported 3,800 shares stake. Riverhead Capital Mngmt Ltd Liability Co stated it has 0.02% in Digital Realty Trust, Inc. (NYSE:DLR). Tealwood Asset invested in 3.13% or 73,588 shares. Groesbeck Mgmt Corp Nj stated it has 6,670 shares. Brown Advisory accumulated 0% or 4,113 shares. Mark Asset Mgmt has invested 0.1% of its portfolio in Digital Realty Trust, Inc. (NYSE:DLR). Checchi Capital Advisers invested 0.02% of its portfolio in Digital Realty Trust, Inc. (NYSE:DLR). Mackenzie Corp holds 0% of its portfolio in Digital Realty Trust, Inc. (NYSE:DLR) for 1,838 shares.

Cleararc Capital Inc, which manages about $7.05B and $665.83M US Long portfolio, upped its stake in Pnc Finl Svcs Group Inc Com (NYSE:PNC) by 3,163 shares to 15,252 shares, valued at $2.06 million in 2017Q3, according to the filing. It also increased its holding in Dominion Energy Inc (NYSE:D) by 84,480 shares in the quarter, for a total of 102,988 shares, and has risen its stake in Agnc Investment Corp.

Among 20 analysts covering Digital Realty Trust (NYSE:DLR), 10 have Buy rating, 1 Sell and 9 Hold. Therefore 50% are positive. Digital Realty Trust had 74 analyst reports since July 31, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, October 26 by Deutsche Bank. The rating was upgraded by KeyBanc Capital Markets on Tuesday, September 29 to “Overweight”. The stock of Digital Realty Trust, Inc. (NYSE:DLR) has “Hold” rating given on Monday, January 9 by Deutsche Bank. On Tuesday, July 19 the stock rating was downgraded by Jefferies to “Hold”. The firm has “Market Perform” rating given on Monday, November 2 by Raymond James. Deutsche Bank maintained it with “Buy” rating and $74 target in Friday, July 31 report. The rating was maintained by RBC Capital Markets on Friday, May 13 with “Outperform”. The firm has “Outperform” rating by Cowen & Co given on Monday, June 12. Stifel Nicolaus maintained the shares of DLR in report on Wednesday, September 13 with “Hold” rating. The rating was downgraded by Stifel Nicolaus to “Hold” on Monday, March 21.

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