Tyco International Ltd. (JCI) Shares Bought by Dimensional Fund Advisors LP
Dimensional Fund Advisors LP increased its position in Tyco International Ltd. (NYSE:JCI) by 0.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,390,148 shares of the company’s stock after buying an additional 3,235 shares during the period. Dimensional Fund Advisors LP owned about 0.37% of Tyco International worth $105,777,000 as of its most recent SEC filing.
Other hedge funds also recently modified their holdings of the company. Renaissance Technologies LLC raised its stake in shares of Tyco International by 10.5% in the first quarter. Renaissance Technologies LLC now owns 1,010,000 shares of the company’s stock worth $39,360,000 after buying an additional 96,200 shares during the period. Southpoint Capital Advisors LP bought a new stake in shares of Tyco International during the first quarter worth about $175,365,000. Creative Planning raised its stake in shares of Tyco International by 8.2% in the second quarter. Creative Planning now owns 28,320 shares of the company’s stock worth $1,253,000 after buying an additional 2,149 shares during the period. Massmutual Trust Co. FSB ADV raised its stake in shares of Tyco International by 1.1% in the first quarter. Massmutual Trust Co. FSB ADV now owns 445,945 shares of the company’s stock worth $17,378,000 after buying an additional 5,025 shares during the period. Finally, Moore Capital Management LP bought a new stake in shares of Tyco International during the first quarter worth about $1,949,000. Institutional investors and hedge funds own 93.93% of the company’s stock.
Shares of Tyco International Ltd. (NYSE:JCI) traded down 0.52% during midday trading on Monday, reaching $44.32. 2,594,577 shares of the company’s stock were exchanged. Tyco International Ltd. has a 1-year low of $31.73 and a 1-year high of $50.65. The firm has a 50-day moving average of $48.59 and a 200-day moving average of $44.77. The company has a market capitalization of $28.26 billion, a PE ratio of 44.01 and a beta of 1.11.
Tyco International (NYSE:JCI) last released its quarterly earnings data on Thursday, July 21st. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.03 by $0.04. Tyco International had a return on equity of 20.59% and a net margin of 5.45%. The firm earned $9.50 billion during the quarter, compared to analyst estimates of $9.62 billion. During the same period in the prior year, the company posted $0.91 earnings per share. The business’s revenue for the quarter was down 1.0% compared to the same quarter last year. Equities analysts expect that Tyco International Ltd. will post $2.08 earnings per share for the current fiscal year.
A number of analysts recently issued reports on JCI shares. Atlantic Securities restated an “overweight” rating on shares of Tyco International in a research note on Friday, September 9th. Vetr upgraded shares of Tyco International from a “buy” rating to a “strong-buy” rating and set a $51.67 target price for the company in a research note on Monday, September 12th. Oppenheimer Holdings Inc. reiterated an “outperform” rating and set a $52.00 target price (up previously from $51.00) on shares of Tyco International in a research note on Wednesday, September 7th. Robert W. Baird reiterated a “buy” rating on shares of Tyco International in a research note on Tuesday, June 28th. Finally, Macquarie upgraded shares of Tyco International from a “neutral” rating to an “outperform” rating and boosted their target price for the company from $43.00 to $55.00 in a research note on Thursday, September 8th. Seven research analysts have rated the stock with a hold rating, nine have given a buy rating and two have given a strong buy rating to the stock. Tyco International has a consensus rating of “Buy” and an average price target of $51.43.
In other Tyco International news, VP R Bruce Mcdonald sold 98,166 shares of the 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 $4,529,431.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.63% of the company’s stock.
About Tyco International
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.
Receive News & Ratings for Tyco International Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyco International Ltd. and related companies with Analyst Ratings Network's FREE daily email newsletter.