Johnson Controls International PLC (NYSE:JCI) Shares Sold by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. reduced its stake in shares of Johnson Controls International PLC (NYSE:JCI) by 1.7% during the 3rd quarter, Holdings Channel.com reports. The firm owned 61,980 shares of the company’s stock after selling 1,089 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Johnson Controls International were worth $2,720,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Garrett Wealth Advisory Group LLC acquired a new stake in Johnson Controls International during the 3rd quarter worth about $26,000. Horan Capital Advisors LLC. acquired a new stake in Johnson Controls International during the 3rd quarter worth about $29,000. Stonebridge Capital Advisors LLC acquired a new stake in Johnson Controls International during the 2nd quarter worth about $30,000. Kavar Capital Partners LLC acquired a new stake in Johnson Controls International during the 2nd quarter worth about $32,000. Finally, Hudock Capital Group LLC grew its position in Johnson Controls International by 2,231.4% during the 2nd quarter. Hudock Capital Group LLC now owns 816 shares of the company’s stock worth $33,000 after purchasing an additional 781 shares during the period. 92.05% of the stock is currently owned by institutional investors.

Johnson Controls International stock traded down $0.28 during midday trading on Monday, reaching $42.24. The company had a trading volume of 3,056,657 shares, compared to its average volume of 5,569,430. The company has a market capitalization of $34.92 billion, a P/E ratio of 14.93, a P/E/G ratio of 1.77 and a beta of 0.94. Johnson Controls International PLC has a 12-month low of $28.30 and a 12-month high of $44.82. The firm’s fifty day simple moving average is $42.88 and its 200-day simple moving average is $41.32. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.19.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Thursday, November 7th. The company reported $0.78 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.76 by $0.02. The firm had revenue of $6.27 billion for the quarter, compared to analyst estimates of $6.42 billion. Johnson Controls International had a net margin of 22.38% and a return on equity of 9.02%. Johnson Controls International’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period last year, the company posted $0.93 EPS. On average, analysts expect that Johnson Controls International PLC will post 1.95 EPS for the current fiscal year.

In related news, VP Robert M. Vanhimbergen sold 1,700 shares of the firm’s stock in a transaction dated Friday, August 30th. The shares were sold at an average price of $42.99, for a total value of $73,083.00. Following the transaction, the vice president now directly owns 18,324 shares of the company’s stock, valued at approximately $787,748.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Gretchen R. Haggerty purchased 6,220 shares of the firm’s stock in a transaction that occurred on Monday, August 26th. The stock was bought at an average cost of $41.40 per share, for a total transaction of $257,508.00. Following the completion of the purchase, the director now directly owns 12,860 shares in the company, valued at approximately $532,404. The disclosure for this purchase can be found here. Insiders sold a total of 177,702 shares of company stock worth $7,716,908 over the last ninety days. 0.50% of the stock is currently owned by corporate insiders.

JCI has been the topic of several analyst reports. Argus increased their price target on Johnson Controls International from $47.00 to $49.00 and gave the stock a “buy” rating in a research report on Friday. Credit Suisse Group increased their price target on Johnson Controls International from $44.00 to $45.00 and gave the stock a “neutral” rating in a research report on Friday. Barclays reaffirmed a “hold” rating and set a $43.00 price target on shares of Johnson Controls International in a research report on Sunday. JPMorgan Chase & Co. increased their price target on Johnson Controls International from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Thursday, October 10th. Finally, ValuEngine cut Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Thursday, August 1st. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Johnson Controls International has an average rating of “Buy” and an average target price of $42.22.

Johnson Controls International Company Profile

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. The company designs, sells, installs, and services heating, ventilating, and air conditioning systems, controls systems, integrated electronic security systems, and integrated fire detection and suppression systems for commercial, industrial, retail, small business, institutional, and governmental customers; and energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, to non-residential building and industrial applications.

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

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