BLB&B Advisors LLC reduced its position in shares of Tyco International Ltd. (NYSE:JCI) by 16.2% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 114,611 shares of the company’s stock after selling 22,121 shares during the period. Tyco International accounts for about 1.0% of BLB&B Advisors LLC’s investment portfolio, making the stock its 27th largest position. BLB&B Advisors LLC’s holdings in Tyco International were worth $5,333,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. 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 valued at $1,253,000 after buying an additional 2,149 shares in the last quarter. Atria Investments LLC bought a new stake in shares of Tyco International during the second quarter valued at approximately $223,000. Chevy Chase Trust Holdings Inc. raised its stake in shares of Tyco International by 0.7% in the second quarter. Chevy Chase Trust Holdings Inc. now owns 592,797 shares of the company’s stock valued at $26,238,000 after buying an additional 4,206 shares in the last quarter. Exxonmobil Investment Management Inc. TX raised its stake in shares of Tyco International by 6.3% in the second quarter. Exxonmobil Investment Management Inc. TX now owns 167,831 shares of the company’s stock valued at $7,428,000 after buying an additional 10,002 shares in the last quarter. Finally, British Columbia Investment Management Corp raised its stake in shares of Tyco International by 0.3% in the second quarter. British Columbia Investment Management Corp now owns 391,187 shares of the company’s stock valued at $17,314,000 after buying an additional 1,108 shares in the last quarter. Institutional investors and hedge funds own 92.13% of the company’s stock.

Institutional Ownership by Quarter for Tyco International (NYSE:JCI)

Tyco International Ltd. (NYSE:JCI) traded down 0.88% during trading on Wednesday, hitting $44.98. 3,978,204 shares of the stock were exchanged. Tyco International Ltd. has a 12-month low of $28.94 and a 12-month high of $48.97. The stock’s 50-day moving average price is $43.81 and its 200-day moving average price is $43.86. The firm’s market cap is $42.09 billion.

Tyco International (NYSE:JCI) last announced its earnings results on Tuesday, November 8th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.20. The firm earned $10.21 billion during the quarter, compared to analyst estimates of $9.64 billion. Tyco International had a negative net margin of 4.09% and a positive return on equity of 15.76%. Tyco International’s revenue was up 16.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.64 EPS. On average, equities analysts expect that Tyco International Ltd. will post $2.73 EPS for the current year.

COPYRIGHT VIOLATION NOTICE: This news story was originally published by Daily Political and is the sole property of of Daily Political. If you are viewing this news story on another publication, it was illegally copied and republished in violation of international copyright and trademark laws. The original version of this news story can be read at http://www.dailypolitical.com/2016/11/30/tyco-international-ltd-jci-position-cut-by-blbb-advisors-llc.html.

Several research analysts have issued reports on JCI shares. Citigroup Inc. started coverage on shares of Tyco International in a research report on Monday. They set a “buy” rating and a $54.00 price objective on the stock. Credit Suisse Group AG reissued a “buy” rating and set a $46.54 price objective on shares of Tyco International in a research report on Tuesday, November 8th. Oppenheimer Holdings Inc. reissued an “outperform” rating and set a $48.00 price objective (down from $52.00) on shares of Tyco International in a research report on Wednesday, November 2nd. RBC Capital Markets reissued a “sector perform” rating and set a $46.00 price objective (down from $50.00) on shares of Tyco International in a research report on Tuesday, November 1st. Finally, Royal Bank Of Canada lowered their price objective on shares of Tyco International from $50.00 to $46.00 and set a “sector perform” rating on the stock in a research report on Tuesday, November 1st. Seven research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average target price of $48.76.

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.

5 Day Chart for NYSE:JCI

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.