Allegion plc (NYSE:ALLE) Shares Bought by Bokf Na

Bokf Na boosted its stake in shares of Allegion plc (NYSE:ALLE) by 4.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 10,466 shares of the scientific and technical instruments company’s stock after purchasing an additional 476 shares during the quarter. Bokf Na’s holdings in Allegion were worth $1,385,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ALLE. Robeco Institutional Asset Management B.V. boosted its stake in Allegion by 19.3% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 23,634 shares of the scientific and technical instruments company’s stock worth $30,000 after buying an additional 3,823 shares during the last quarter. Covestor Ltd boosted its stake in Allegion by 255.7% during the first quarter. Covestor Ltd now owns 313 shares of the scientific and technical instruments company’s stock worth $42,000 after buying an additional 225 shares during the last quarter. Larson Financial Group LLC acquired a new position in Allegion during the first quarter worth $44,000. First Command Advisory Services Inc. acquired a new position in Allegion during the first quarter worth $50,000. Finally, Signaturefd LLC boosted its stake in Allegion by 20.9% during the fourth quarter. Signaturefd LLC now owns 765 shares of the scientific and technical instruments company’s stock worth $97,000 after buying an additional 132 shares during the last quarter. Institutional investors and hedge funds own 92.21% of the company’s stock.

Allegion Trading Up 2.9 %

Shares of ALLE stock traded up $3.89 on Friday, hitting $136.77. The stock had a trading volume of 1,089,910 shares, compared to its average volume of 777,593. The company has a debt-to-equity ratio of 1.40, a current ratio of 1.66 and a quick ratio of 0.87. The firm has a market capitalization of $11.92 billion, a P/E ratio of 22.31, a P/E/G ratio of 4.22 and a beta of 1.13. Allegion plc has a 1 year low of $95.94 and a 1 year high of $137.52. The company’s 50 day moving average price is $120.26 and its 200-day moving average price is $125.24.

Allegion (NYSE:ALLE) last posted its quarterly earnings data on Wednesday, July 24th. The scientific and technical instruments company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.84 by $0.12. The firm had revenue of $965.60 million for the quarter, compared to the consensus estimate of $953.63 million. Allegion had a return on equity of 47.21% and a net margin of 15.08%. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.76 EPS. Analysts anticipate that Allegion plc will post 7.22 earnings per share for the current year.

Insider Activity at Allegion

In other Allegion news, SVP Tracy L. Kemp sold 2,194 shares of the company’s stock in a transaction dated Tuesday, May 28th. The stock was sold at an average price of $121.98, for a total transaction of $267,624.12. Following the sale, the senior vice president now owns 11,103 shares in the company, valued at approximately $1,354,343.94. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 0.33% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on ALLE. Barclays upped their price target on Allegion from $112.00 to $117.00 and gave the company an “underweight” rating in a research note on Thursday. UBS Group upped their price target on Allegion from $113.00 to $132.00 and gave the company a “neutral” rating in a research note on Tuesday, April 16th. StockNews.com raised Allegion from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Wells Fargo & Company upped their price target on Allegion from $125.00 to $137.00 and gave the company an “equal weight” rating in a research note on Thursday. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $125.40.

Allegion Profile

Allegion plc manufactures and sells mechanical and electronic security products and solutions worldwide. The company offers door controls and systems and exit devices; locks, locksets, portable locks, and key systems and services; electronic security products and access control systems; time, attendance, and workforce productivity systems; doors, accessories, and other.