Clean Yield Group lowered its stake in Tyco International Ltd. (NYSE:JCI) by 2.6% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,430 shares of the company’s stock after selling 600 shares during the period. Clean Yield Group’s holdings in Tyco International were worth $993,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Acadian Asset Management LLC increased its stake in shares of Tyco International by 77.7% in the first quarter. Acadian Asset Management LLC now owns 8,595 shares of the company’s stock valued at $335,000 after buying an additional 3,758 shares in the last quarter. Virginia Retirement System bought a new stake in shares of Tyco International during the first quarter valued at $409,000. IFP Advisors Inc increased its stake in shares of Tyco International by 62.6% in the first quarter. IFP Advisors Inc now owns 12,187 shares of the company’s stock valued at $475,000 after buying an additional 4,691 shares in the last quarter. Morris Capital Advisors LLC bought a new stake in shares of Tyco International during the first quarter valued at $382,000. Finally, Ngam Advisors L.P. increased its stake in shares of Tyco International by 10.9% in the first quarter. Ngam Advisors L.P. now owns 125,603 shares of the company’s stock valued at $4,895,000 after buying an additional 12,383 shares in the last quarter. 93.95% of the stock is owned by hedge funds and other institutional investors.
Shares of Tyco International Ltd. (NYSE:JCI) traded up 1.35% on Friday, hitting $46.53. The stock had a trading volume of 6,368,994 shares. Tyco International Ltd. has a 12-month low of $31.73 and a 12-month high of $50.65. The firm has a market cap of $29.67 billion, a P/E ratio of 46.21 and a beta of 1.11. The company’s 50-day moving average price is $46.93 and its 200 day moving average price is $45.15.
Tyco International (NYSE:JCI) last issued its quarterly earnings data on Thursday, July 21st. The company reported $1.07 EPS for the quarter, topping the Zacks’ consensus estimate of $1.03 by $0.04. The firm earned $9.50 billion during the quarter, compared to the consensus estimate of $9.62 billion. Tyco International had a return on equity of 20.59% and a net margin of 5.45%. The firm’s revenue was down 1.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.91 EPS. On average, equities research analysts forecast that Tyco International Ltd. will post $3.46 earnings per share for the current fiscal year.
Several equities research analysts recently weighed in on JCI shares. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Tyco International in a report on Tuesday, June 14th. Oppenheimer Holdings Inc. reissued an “outperform” rating and issued a $50.00 target price on shares of Tyco International in a report on Tuesday, June 14th. Morgan Stanley reissued a “buy” rating on shares of Tyco International in a report on Wednesday, June 15th. Robert W. Baird reissued a “buy” rating on shares of Tyco International in a report on Wednesday, June 15th. Finally, Zacks Investment Research raised Tyco International from a “hold” rating to a “buy” rating and set a $50.00 target price for the company in a report on Tuesday, June 21st. Seven analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $50.69.
In related news, VP R Bruce Mcdonald sold 98,166 shares of the company’s stock in a transaction on Tuesday, August 23rd. The stock was sold at an average price of $44.95, for a total transaction of $4,412,561.70. Following the completion of the transaction, the vice president now directly owns 100,766 shares in the company, valued at approximately $4,529,431.70. The sale was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 0.63% of the company’s stock.
Tyco International Company Profile
Johnson Controls, Inc is a technology company. The Company provides products, services and solutions to optimize energy and operational efficiencies of buildings; lead-acid automotive batteries and advanced batteries for hybrid and electric vehicles, and seating and interior systems for automobiles. The Company operates in two segments: Building Efficiency and Power Solutions.
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