Public Employees Retirement Association of Colorado decreased its position in Allegion PLC (NYSE:ALLE) by 0.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,312 shares of the scientific and technical instruments company’s stock after selling 44 shares during the period. Public Employees Retirement Association of Colorado’s holdings in Allegion PLC were worth $1,485,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. increased its position in shares of Allegion PLC by 2.7% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,256 shares of the scientific and technical instruments company’s stock worth $171,000 after buying an additional 59 shares during the last quarter. Mason Street Advisors LLC increased its position in shares of Allegion PLC by 0.6% in the first quarter. Mason Street Advisors LLC now owns 13,194 shares of the scientific and technical instruments company’s stock worth $999,000 after buying an additional 76 shares during the last quarter. Utah Retirement Systems increased its position in shares of Allegion PLC by 0.6% in the first quarter. Utah Retirement Systems now owns 17,565 shares of the scientific and technical instruments company’s stock worth $1,330,000 after buying an additional 100 shares during the last quarter. Thrivent Financial For Lutherans increased its position in shares of Allegion PLC by 6.1% in the first quarter. Thrivent Financial For Lutherans now owns 3,501 shares of the scientific and technical instruments company’s stock worth $265,000 after buying an additional 200 shares during the last quarter. Finally, Creative Planning increased its position in shares of Allegion PLC by 10.9% in the first quarter. Creative Planning now owns 2,080 shares of the scientific and technical instruments company’s stock worth $157,000 after buying an additional 205 shares during the last quarter. 92.88% of the stock is owned by institutional investors.

Shares of Allegion PLC (NYSE ALLE) opened at 79.28 on Friday. Allegion PLC has a one year low of $61.47 and a one year high of $82.90. The stock’s 50 day moving average price is $80.84 and its 200 day moving average price is $76.68. The firm has a market cap of $7.53 billion, a price-to-earnings ratio of 30.67 and a beta of 1.10.

Allegion PLC (NYSE:ALLE) last announced its earnings results on Thursday, July 27th. The scientific and technical instruments company reported $1.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.00 by $0.11. The company had revenue of $627 million for the quarter, compared to analyst estimates of $613.37 million. Allegion PLC had a return on equity of 198.25% and a net margin of 10.76%. The firm’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.99 earnings per share. On average, equities analysts anticipate that Allegion PLC will post $3.78 earnings per share for the current fiscal year.

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A number of brokerages recently weighed in on ALLE. BidaskClub downgraded Allegion PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, June 13th. Zacks Investment Research raised Allegion PLC from a “hold” rating to a “buy” rating and set a $91.00 price objective on the stock in a research note on Friday, June 30th. Wolfe Research began coverage on Allegion PLC in a research note on Tuesday, July 11th. They issued a “market perform” rating on the stock. Finally, Imperial Capital raised their price objective on Allegion PLC from $79.00 to $85.00 and gave the company an “outperform” rating in a research note on Monday, May 15th. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. Allegion PLC currently has a consensus rating of “Buy” and a consensus target price of $86.00.

In other news, insider Todd V. Graves sold 1,858 shares of the stock in a transaction that occurred on Friday, June 2nd. The stock was sold at an average price of $79.19, for a total transaction of $147,135.02. Following the transaction, the insider now owns 12,084 shares in the company, valued at $956,931.96. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Timothy P. Eckersley sold 12,782 shares of the stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $81.14, for a total value of $1,037,131.48. The disclosure for this sale can be found here. 0.64% of the stock is currently owned by company insiders.

About Allegion PLC

Allegion Public Limited Company is a provider of security products and solutions. The Company offers a portfolio of mechanical and electronic security products across a range of brands. Its segments include Americas; Europe, Middle East, India and Africa (EMEIA), and Asia Pacific. Its products include door closers and controls; door and door frames (steel); electronic security products; electronic and biometric access control systems; exit devices; locks, locksets, portable locks and key systems; time, attendance and workforce productivity systems, and other accessories.

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Institutional Ownership by Quarter for Allegion PLC (NYSE:ALLE)

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