Private Advisor Group LLC Has $1.27 Million Position in Johnson Controls International PLC (JCI)

Private Advisor Group LLC lowered its holdings in Johnson Controls International PLC (NYSE:JCI) by 24.9% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,283 shares of the auto parts company’s stock after selling 9,715 shares during the period. Private Advisor Group LLC’s holdings in Johnson Controls International PLC were worth $1,270,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the stock. Lazard Asset Management LLC grew its position in Johnson Controls International PLC by 20.1% in the first quarter. Lazard Asset Management LLC now owns 11,231,816 shares of the auto parts company’s stock valued at $473,083,000 after purchasing an additional 1,883,034 shares in the last quarter. OppenheimerFunds Inc. grew its position in Johnson Controls International PLC by 31.3% in the first quarter. OppenheimerFunds Inc. now owns 11,209,265 shares of the auto parts company’s stock valued at $472,135,000 after purchasing an additional 2,670,778 shares in the last quarter. Geode Capital Management LLC lifted its stake in Johnson Controls International PLC by 9.3% in the first quarter. Geode Capital Management LLC now owns 9,137,888 shares of the auto parts company’s stock valued at $384,341,000 after acquiring an additional 780,842 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Johnson Controls International PLC by 8.3% in the first quarter. Ameriprise Financial Inc. now owns 8,827,941 shares of the auto parts company’s stock valued at $371,848,000 after acquiring an additional 672,912 shares during the last quarter. Finally, Legal & General Group Plc lifted its stake in Johnson Controls International PLC by 1.4% in the second quarter. Legal & General Group Plc now owns 4,344,907 shares of the auto parts company’s stock valued at $188,393,000 after acquiring an additional 58,599 shares during the last quarter. 86.17% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International PLC (NYSE:JCI) opened at 39.16 on Friday. The firm has a 50-day moving average of $39.50 and a 200 day moving average of $41.41. The company’s market capitalization is $36.51 billion. Johnson Controls International PLC has a 12-month low of $36.74 and a 12-month high of $46.86.

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 analysts’ consensus estimates of $0.71. The firm had revenue of $7.67 billion for the quarter, compared to the consensus estimate 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%. The company’s revenue for the quarter was up 48.8% on a year-over-year basis. During the same period in the prior year, the firm posted $1.07 earnings per share. Analysts expect that Johnson Controls International PLC will post $2.61 EPS for the current fiscal year.

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JCI has been the subject of a number of recent analyst reports. Wolfe Research initiated coverage on shares of Johnson Controls International PLC in a research note on Tuesday, July 11th. They issued a “market perform” rating for the company. Morgan Stanley cut their price target on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating for the company in a research note on Monday, August 7th. ValuEngine cut shares of Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub cut shares of Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Finally, JMP Securities initiated coverage on shares of Johnson Controls International PLC in a research note on Monday, June 19th. They issued an “outperform” rating and a $54.00 price target for the company. 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 given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $49.75.

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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