BNP Paribas Arbitrage SA Grows Position in Johnson Controls International PLC (JCI)

BNP Paribas Arbitrage SA grew its stake in Johnson Controls International PLC (NYSE:JCI) by 50.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 493,107 shares of the auto parts company’s stock after buying an additional 166,377 shares during the period. BNP Paribas Arbitrage SA owned approximately 0.05% of Johnson Controls International PLC worth $19,867,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Honeywell International Inc. lifted its position in shares of Johnson Controls International PLC by 216.7% in the third quarter. Honeywell International Inc. now owns 950,200 shares of the auto parts company’s stock worth $38,284,000 after buying an additional 650,200 shares during the last quarter. Federated Investors Inc. PA lifted its position in shares of Johnson Controls International PLC by 368.6% in the second quarter. Federated Investors Inc. PA now owns 73,435 shares of the auto parts company’s stock worth $3,184,000 after buying an additional 57,764 shares during the last quarter. Nomura Holdings Inc. acquired a new stake in shares of Johnson Controls International PLC in the second quarter worth about $4,338,000. Oppenheimer & Co. Inc. lifted its position in shares of Johnson Controls International PLC by 13.4% in the second quarter. Oppenheimer & Co. Inc. now owns 194,832 shares of the auto parts company’s stock worth $8,449,000 after buying an additional 22,960 shares during the last quarter. Finally, First National Trust Co. lifted its position in shares of Johnson Controls International PLC by 15.3% in the second quarter. First National Trust Co. now owns 26,265 shares of the auto parts company’s stock worth $1,139,000 after buying an additional 3,482 shares during the last quarter. 86.04% of the stock is owned by institutional investors.

In other Johnson Controls International PLC news, VP Jeffrey M. Williams sold 1,955 shares of Johnson Controls International PLC 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 transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.48% of the stock is currently owned by insiders.

Shares of Johnson Controls International PLC (JCI) traded down $1.58 on Friday, reaching $36.93. The company had a trading volume of 13,793,600 shares, compared to its average volume of 4,223,501. The company has a quick ratio of 0.92, a current ratio of 1.04 and a debt-to-equity ratio of 0.56. The company has a market capitalization of $34,433.50, a price-to-earnings ratio of 14.15, a price-to-earnings-growth ratio of 1.00 and a beta of 0.94. Johnson Controls International PLC has a 1 year low of $36.48 and a 1 year high of $46.17.

Johnson Controls International PLC (NYSE:JCI) last released its quarterly earnings data on Thursday, November 9th. The auto parts company reported $0.87 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.87. The company had revenue of $8.14 billion for the quarter, compared to the consensus estimate of $8.10 billion. Johnson Controls International PLC had a return on equity of 11.91% and a net margin of 6.32%. The company’s quarterly revenue was up 30.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.21 earnings per share. equities research analysts expect that Johnson Controls International PLC will post 2.84 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 13th. Shareholders of record on Monday, September 25th were issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 2.71%. The ex-dividend date was Friday, September 22nd. Johnson Controls International PLC’s payout ratio is 49.26%.

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JCI has been the subject of a number of analyst reports. Atlantic Securities cut Johnson Controls International PLC from an “overweight” rating to a “neutral” rating in a research report on Friday, July 28th. Gabelli raised Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a research report on Friday, July 28th. Royal Bank Of Canada reaffirmed a “hold” rating and issued a $43.00 price target (down previously from $48.00) on shares of Johnson Controls International PLC in a research report on Friday, July 28th. TheStreet raised Johnson Controls International PLC from a “c” rating to a “b” rating in a research report on Thursday, July 27th. Finally, BidaskClub cut Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $47.79.

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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