The Roberts Glore & Co. Inc. IL reached $343,000 position of Tyco International Ltd. (JCI)

The Roberts Glore & Co. Inc. IL reached $343,000 position  of Tyco International Ltd. (JCI)

Roberts Glore & Co. Inc. IL maintained its stake in shares of Tyco International Ltd. (NYSE:JCI) during the second quarter, Holdings Channel reports. The fund owned 7,752 shares of the company’s stock at the end of the second quarter. Roberts Glore & Co. Inc. IL’s holdings in Tyco International were worth $343,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of JCI. Founders Capital Management LLC boosted its stake in shares of 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 during the period. Dowling & Yahnke LLC boosted its stake in shares of Tyco International by 0.3% in the second quarter. Dowling & Yahnke LLC now owns 32,311 shares of the company’s stock valued at $1,430,000 after buying an additional 98 shares during the period. Advisory Services Network LLC boosted its stake in shares of Tyco International by 1.6% in the second quarter. Advisory Services Network LLC now owns 7,289 shares of the company’s stock valued at $323,000 after buying an additional 114 shares during the period. Cim LLC boosted its stake in shares of Tyco International by 2.4% in the second quarter. Cim LLC now owns 5,513 shares of the company’s stock valued at $244,000 after buying an additional 130 shares during the period. Finally, Optimum Investment Advisors boosted its stake in shares of Tyco International by 1.5% in the first quarter. Optimum Investment Advisors now owns 9,448 shares of the company’s stock valued at $368,000 after buying an additional 140 shares during the period. 63.02% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Tyco International Ltd. (NYSE:JCI) traded down 0.32% during mid-day trading on Monday, hitting $43.74. 10,730,111 shares of the stock were exchanged. The stock’s 50-day moving average is $45.80 and its 200-day moving average is $45.53. The stock has a market capitalization of $27.89 billion, a price-to-earnings ratio of 43.44 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 posted its quarterly earnings data on Thursday, July 21st. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 the consensus estimate of $9.62 billion. During the same quarter last year, the company posted $0.91 earnings per share. The firm’s quarterly revenue was down 1.0% compared to the same quarter last year. Analysts forecast that Tyco International Ltd. will post $3.52 earnings per share for the current fiscal year.

Several equities research analysts have commented on the stock. 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 objective 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. Zacks Investment Research upgraded shares of Tyco International from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Tuesday, July 26th. Finally, RBC Capital Markets began coverage on shares of Tyco International in a research note on Tuesday, September 6th. They set a “sector perform” rating and a $50.00 price objective on the stock. Eight investment analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $49.91.

In related news, VP R Bruce Mcdonald sold 98,166 shares of the firm’s stock in a transaction dated 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 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 link. Corporate insiders own 1.50% 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.

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