UMB Bank N A MO decreased its stake in Tyco International Ltd. (NYSE:JCI) by 4.5% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 47,886 shares of the company’s stock after selling 2,233 shares during the period. UMB Bank N A MO’s holdings in Tyco International were worth $2,119,000 at the end of the most recent quarter.
Other institutional investors have also recently bought and sold shares of the company. Oakworth Capital Inc. boosted its position in Tyco International by 159.6% in the second quarter. Oakworth Capital Inc. now owns 2,440 shares of the company’s stock valued at $108,000 after buying an additional 1,500 shares in the last quarter. Cribstone Capital Management LLC purchased a new position in Tyco International during the second quarter valued at approximately $134,000. Financial Architects Inc boosted its position in Tyco International by 84.4% in the second quarter. Financial Architects Inc now owns 3,868 shares of the company’s stock valued at $171,000 after buying an additional 1,770 shares in the last quarter. Guinness Asset Management Ltd purchased a new position in Tyco International during the second quarter valued at approximately $195,000. Finally, Founders Capital Management LLC boosted its position in Tyco International by 0.8% in the second quarter. Founders Capital Management LLC now owns 4,417 shares of the company’s stock valued at $196,000 after buying an additional 33 shares in the last quarter. 93.95% of the stock is currently owned by hedge funds and other institutional investors.
Tyco International Ltd. (NYSE:JCI) traded down 0.23% during mid-day trading on Monday, hitting $44.29. 4,386,721 shares of the stock were exchanged. The company has a 50-day moving average of $47.23 and a 200-day moving average of $45.10. The stock has a market capitalization of $28.25 billion, a PE ratio of 43.98 and a beta of 1.11. Tyco International Ltd. has a 52 week low of $31.73 and a 52 week high of $50.65.
Tyco International (NYSE:JCI) last announced its earnings results on Thursday, July 21st. The company reported $1.07 EPS for the quarter, beating the Zacks’ consensus estimate of $1.03 by $0.04. Tyco International had a net margin of 5.45% and a return on equity of 20.59%. The business earned $9.50 billion during the quarter, compared to analysts’ expectations of $9.62 billion. During the same period in the prior year, the company earned $0.91 earnings per share. The firm’s revenue was down 1.0% on a year-over-year basis. On average, equities analysts predict that Tyco International Ltd. will post $2.09 EPS for the current fiscal year.
Several research firms have commented on JCI. Credit Suisse Group AG reissued a “buy” rating on shares of Tyco International in a research report on Saturday, July 9th. Morgan Stanley set a $55.00 price target on shares of Tyco International and gave the stock a “buy” rating in a research note on Saturday, September 17th. TheStreet lowered shares of Tyco International from a “buy” rating to a “hold” rating in a research note on Tuesday, September 6th. Robert W. Baird restated a “buy” rating on shares of Tyco International in a research note on Tuesday, June 28th. Finally, Atlantic Securities restated an “overweight” rating on shares of Tyco International in a research note on Friday, September 9th. Seven analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $50.69.
In other Tyco International news, VP R Bruce Mcdonald sold 98,166 shares of the company’s stock in a transaction that occurred on Tuesday, August 23rd. The shares were sold at an average price of $44.95, for a total transaction of $4,412,561.70. Following the completion of the sale, the vice president now directly owns 100,766 shares of the company’s stock, valued at $4,529,431.70. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Company insiders own 1.50% 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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