Commonwealth Bank of Australia Sells 2,815 Shares of Johnson Controls International PLC (JCI)

Commonwealth Bank of Australia reduced its holdings in Johnson Controls International PLC (NYSE:JCI) by 3.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 84,691 shares of the auto parts company’s stock after selling 2,815 shares during the quarter. Commonwealth Bank of Australia’s holdings in Johnson Controls International PLC were worth $3,671,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in JCI. FNY Managed Accounts LLC acquired a new position in Johnson Controls International PLC in the 1st quarter valued at approximately $100,000. Bessemer Group Inc. increased its position in Johnson Controls International PLC by 5.5% in the 2nd quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock valued at $110,000 after acquiring an additional 133 shares during the period. Grove Bank & Trust increased its position in Johnson Controls International PLC by 57.7% in the 2nd quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock valued at $117,000 after acquiring an additional 985 shares during the period. First PREMIER Bank increased its position in Johnson Controls International PLC by 366.2% in the 2nd quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock valued at $146,000 after acquiring an additional 2,640 shares during the period. Finally, Bbva Compass Bancshares Inc. increased its position in Johnson Controls International PLC by 4.2% in the 2nd quarter. Bbva Compass Bancshares Inc. now owns 3,714 shares of the auto parts company’s stock valued at $161,000 after acquiring an additional 150 shares during the period. Hedge funds and other institutional investors own 86.17% of the company’s stock.

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Johnson Controls International PLC (NYSE JCI) opened at 39.16 on Friday. Johnson Controls International PLC has a 1-year low of $36.74 and a 1-year high of $46.86. The company’s market capitalization is $36.51 billion. The firm has a 50 day moving average of $39.50 and a 200-day moving average of $41.41.

Johnson Controls International PLC (NYSE:JCI) last announced its quarterly earnings results on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.71. The company had revenue of $7.67 billion for the quarter, compared to analysts’ expectations of $7.72 billion. Johnson Controls International PLC had a negative net margin of 0.43% and a positive return on equity of 11.74%. Johnson Controls International PLC’s revenue was up 48.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.07 EPS. On average, equities research analysts anticipate that Johnson Controls International PLC will post $2.61 earnings per share for the current fiscal year.

Several equities analysts have issued reports on the stock. Wolfe Research assumed coverage on shares of Johnson Controls International PLC in a research report on Tuesday, July 11th. They issued a “market perform” rating for the company. Morgan Stanley restated an “overweight” rating and issued a $51.00 price target (up from $50.00) on shares of Johnson Controls International PLC in a research report on Monday, July 10th. Zacks Investment Research cut shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. BidaskClub upgraded shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research report on Thursday, June 29th. Finally, ValuEngine cut shares of Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. One analyst has rated the stock with a sell rating, ten have issued a hold rating, twelve have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus target price of $49.75.

Johnson Controls International PLC 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.

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Institutional Ownership by Quarter for Johnson Controls International PLC (NYSE:JCI)

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