Tyco International Ltd. (JCI) Position Raised by Compass Capital Management Inc.
Compass Capital Management Inc. boosted its stake in shares of Tyco International Ltd. (NYSE:JCI) by 5.0% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 464,819 shares of the company’s stock after buying an additional 22,209 shares during the period. Tyco International makes up 3.9% of Compass Capital Management Inc.’s portfolio, making the stock its 11th largest position. Compass Capital Management Inc.’s holdings in Tyco International were worth $20,573,000 as of its most recent SEC filing.
Other large investors have also recently modified their holdings of the company. Oakworth Capital Inc. increased its stake in Tyco International by 159.6% in the second quarter. Oakworth Capital Inc. now owns 2,440 shares of the company’s stock worth $108,000 after buying an additional 1,500 shares during the last quarter. Cribstone Capital Management LLC bought a new stake in Tyco International during the second quarter worth about $134,000. Financial Architects Inc increased its stake in Tyco International by 84.4% in the second quarter. Financial Architects Inc now owns 3,868 shares of the company’s stock worth $171,000 after buying an additional 1,770 shares during the last quarter. Guinness Asset Management Ltd bought a new stake in Tyco International during the second quarter worth about $195,000. Finally, Founders Capital Management LLC increased its stake in Tyco International by 0.8% in the second quarter. Founders Capital Management LLC now owns 4,417 shares of the company’s stock worth $196,000 after buying an additional 33 shares during the last quarter. Institutional investors and hedge funds own 62.79% of the company’s stock.
Tyco International Ltd. (NYSE:JCI) traded down 0.226% during trading on Monday, hitting $46.425. 3,952,609 shares of the stock were exchanged. The firm has a 50-day moving average of $46.86 and a 200-day moving average of $45.20. The stock has a market capitalization of $29.61 billion, a price-to-earnings ratio of 46.102 and a beta of 1.19. Tyco International Ltd. has a 52 week low of $31.73 and a 52 week high of $50.65.
Tyco International (NYSE:JCI) last issued its earnings results on Thursday, July 21st. The company reported $1.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.03 by $0.04. The business had revenue of $9.50 billion for the quarter, compared to the consensus estimate of $9.62 billion. Tyco International had a net margin of 5.45% and a return on equity of 20.59%. The firm’s revenue for the quarter was down 1.0% on a year-over-year basis. During the same period in the previous year, the company earned $0.91 earnings per share. Equities research analysts anticipate that Tyco International Ltd. will post $3.46 earnings per share for the current fiscal year.
A number of equities research analysts have issued reports on the stock. Cowen and Company assumed coverage on shares of Tyco International in a research report on Wednesday, September 28th. They issued an “outperform” rating for the company. Zacks Investment Research downgraded shares of Tyco International from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 20th. Morgan Stanley set a $55.00 target price on shares of Tyco International and gave the stock a “buy” rating in a research report on Saturday, September 17th. Sanford C. Bernstein assumed coverage on shares of Tyco International in a research report on Friday, September 16th. They issued an “outperform” rating and a $57.00 target price for the company. Finally, 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 report on Monday, September 12th. Seven research analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $50.73.
In related news, VP R Bruce Mcdonald sold 98,166 shares of the business’s stock in a transaction 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 transaction, the vice president now directly owns 100,766 shares in the company, valued at $4,529,431.70. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate 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.
Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tyco International Ltd. (NYSE:JCI).
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 MarketBeat.com's FREE daily email newsletter.