Johnson Controls International PLC (NYSE:JCI) Shares Bought by Perpetual Ltd

Perpetual Ltd boosted its holdings in shares of Johnson Controls International PLC (NYSE:JCI) by 41.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,917 shares of the auto parts company’s stock after acquiring an additional 24,200 shares during the period. Perpetual Ltd’s holdings in Johnson Controls International PLC were worth $3,595,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of JCI. FNY Managed Accounts LLC purchased a new position in Johnson Controls International PLC during the 1st quarter valued at about $100,000. Bessemer Group Inc. lifted its position 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 valued at $110,000 after acquiring an additional 133 shares during the period. Harfst & Associates Inc. lifted its position 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 valued at $116,000 after acquiring an additional 389 shares during the period. Perigon Wealth Management LLC lifted its position 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 valued at $116,000 after acquiring an additional 1,683 shares during the period. Finally, Grove Bank & Trust lifted its position 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 valued at $117,000 after acquiring an additional 985 shares during the period. 86.02% of the stock is owned by institutional investors.

A number of brokerages recently issued reports on JCI. Citigroup Inc. reissued a “buy” rating and set a $50.00 price target (up from $47.00) on shares of Johnson Controls International PLC in a research report on Monday, October 9th. Cowen and Company reissued an “outperform” rating and set a $48.00 price target on shares of Johnson Controls International PLC in a research report on Monday, August 21st. Zacks Investment Research raised shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Tuesday, September 5th. BidaskClub raised shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Thursday, June 29th. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $50.00 target price on shares of Johnson Controls International PLC in a report on Monday, August 28th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $48.43.

In other Johnson Controls International PLC news, VP Jeffrey M. Williams sold 1,955 shares of the firm’s stock in a transaction that occurred on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total transaction of $80,995.65. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.48% of the company’s stock.

COPYRIGHT VIOLATION WARNING: “Johnson Controls International PLC (NYSE:JCI) Shares Bought by Perpetual Ltd” was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. If you are viewing this piece of content on another publication, it was illegally stolen and reposted in violation of US & international copyright law. The correct version of this piece of content can be viewed at https://www.dispatchtribunal.com/2017/10/27/johnson-controls-international-plc-jci-stake-increased-by-perpetual-ltd.html.

Shares of Johnson Controls International PLC (NYSE JCI) traded up 0.74% during mid-day trading on Friday, reaching $42.48. 1,103,189 shares of the company traded hands. The firm’s market capitalization is $39.61 billion. The firm has a 50-day moving average price of $40.53 and a 200 day moving average price of $41.17. Johnson Controls International PLC has a 52 week low of $36.74 and a 52 week high of $46.17.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Monday, September 25th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.37%. The ex-dividend date of this dividend was Friday, September 22nd. Johnson Controls International PLC’s dividend payout ratio is presently -196.08%.

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)

Receive News & Ratings for Johnson Controls International PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply