Johnson Controls International PLC (JCI) Holdings Cut by Autus Asset Management LLC

Autus Asset Management LLC trimmed its holdings in shares of Johnson Controls International PLC (NYSE:JCI) by 65.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 14,000 shares of the auto parts company’s stock after selling 26,000 shares during the period. Autus Asset Management LLC’s holdings in Johnson Controls International PLC were worth $564,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in JCI. Bessemer Group Inc. lifted its holdings in Johnson Controls International PLC by 5.5% during the 2nd quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after buying an additional 133 shares during the last quarter. Harfst & Associates Inc. lifted its holdings in Johnson Controls International PLC by 16.9% during the 2nd quarter. Harfst & Associates Inc. now owns 2,691 shares of the auto parts company’s stock worth $116,000 after buying an additional 389 shares during the last quarter. Perigon Wealth Management LLC lifted its holdings in Johnson Controls International PLC by 171.7% during the 2nd quarter. Perigon Wealth Management LLC now owns 2,663 shares of the auto parts company’s stock worth $116,000 after buying an additional 1,683 shares during the last quarter. Grove Bank & Trust lifted its holdings in Johnson Controls International PLC by 57.7% during the 2nd quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock worth $117,000 after buying an additional 985 shares during the last quarter. Finally, Archford Capital Strategies LLC lifted its holdings in Johnson Controls International PLC by 5,344.7% during the 2nd quarter. Archford Capital Strategies LLC now owns 8,167 shares of the auto parts company’s stock worth $124,000 after buying an additional 8,017 shares during the last quarter. 88.25% of the stock is owned by institutional investors.

Johnson Controls International PLC (NYSE:JCI) traded down $0.14 during midday trading on Tuesday, reaching $35.92. The company’s stock had a trading volume of 2,178,379 shares, compared to its average volume of 5,147,542. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.04 and a quick ratio of 0.77. Johnson Controls International PLC has a 52 week low of $34.51 and a 52 week high of $46.17. The firm has a market cap of $33,460.00, a PE ratio of 13.94, a price-to-earnings-growth ratio of 0.98 and a beta of 0.94.

Johnson Controls International PLC (NYSE:JCI) last released its earnings results on Thursday, November 9th. The auto parts company reported $0.87 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.87. Johnson Controls International PLC had a return on equity of 11.91% and a net margin of 6.32%. The company had revenue of $8.14 billion for the quarter, compared to analysts’ expectations of $8.10 billion. During the same quarter in the previous year, the firm posted $1.21 EPS. The firm’s quarterly revenue was up 30.1% on a year-over-year basis. research analysts predict that Johnson Controls International PLC will post 2.8 earnings per share for the current year.

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In other news, VP Jeffrey M. Williams sold 1,955 shares of the business’s stock in a transaction that occurred on Wednesday, October 11th. The stock was sold at an average price of $41.43, for a total transaction of $80,995.65. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 1.50% of the stock is owned by insiders.

Several research firms have recently weighed in on JCI. Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $50.00 target price (down from $52.00) on shares of Johnson Controls International PLC in a report on Tuesday, October 31st. JMP Securities set a $50.00 target price on Johnson Controls International PLC and gave the company a “buy” rating in a report on Monday, October 23rd. Citigroup Inc. reissued a “buy” rating and issued a $50.00 target price (up from $47.00) on shares of Johnson Controls International PLC in a report on Monday, October 9th. Cowen and Company reissued a “buy” rating and issued a $48.00 target price on shares of Johnson Controls International PLC in a report on Thursday, November 9th. Finally, Morgan Stanley set a $48.00 target price on Johnson Controls International PLC and gave the company an “overweight” rating in a report on Monday, October 2nd. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $47.79.

Johnson Controls International PLC Company 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.

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

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