Compass Capital Management Inc. Raises Position in Johnson Controls International PLC (NYSE:JCI)

Compass Capital Management Inc. raised its position in shares of Johnson Controls International PLC (NYSE:JCI) by 5.6% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 514,828 shares of the auto parts company’s stock after buying an additional 27,162 shares during the period. Johnson Controls International PLC makes up approximately 3.6% of Compass Capital Management Inc.’s holdings, making the stock its 23rd largest position. Compass Capital Management Inc. owned approximately 0.05% of Johnson Controls International PLC worth $22,323,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in JCI. FNY Managed Accounts LLC acquired a new stake in shares of Johnson Controls International PLC during the first quarter worth approximately $100,000. First PREMIER Bank boosted its stake in shares of Johnson Controls International PLC by 366.2% in the second quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock worth $146,000 after buying an additional 2,640 shares in the last quarter. Livingston Group Asset Management CO operating as Southport Capital Management acquired a new stake in shares of Johnson Controls International PLC during the second quarter worth approximately $202,000. Investment Partners Ltd. OH ADV acquired a new stake in shares of Johnson Controls International PLC during the second quarter worth approximately $206,000. Finally, First Heartland Consultants Inc. acquired a new stake in shares of Johnson Controls International PLC during the second quarter worth approximately $206,000. 84.23% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International PLC (NYSE JCI) opened at 38.95 on Tuesday. The company’s market cap is $36.32 billion. The firm’s 50-day moving average is $42.66 and its 200 day moving average is $42.16. Johnson Controls International PLC has a 52-week low of $38.65 and a 52-week high of $50.10.

Johnson Controls International PLC (NYSE:JCI) last announced its earnings results on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, hitting the consensus estimate 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 for the quarter, compared to analysts’ expectations of $7.72 billion. During the same quarter in the previous year, the company posted $1.07 EPS. The firm’s quarterly revenue was up 48.8% on a year-over-year basis. On average, equities research analysts predict that Johnson Controls International PLC will post $2.63 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which was paid on Friday, July 7th. Shareholders of record on Wednesday, June 28th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, June 26th. This represents a $1.00 annualized dividend and a yield of 2.57%. Johnson Controls International PLC’s dividend payout ratio (DPR) is presently -196.08%.

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A number of equities analysts have weighed in on the stock. TheStreet upgraded shares of Johnson Controls International PLC from a “c” rating to a “b” rating in a research report on Thursday, July 27th. Cowen and Company reiterated a “buy” rating and issued a $52.00 price target on shares of Johnson Controls International PLC in a research report on Thursday, April 27th. Gabelli upgraded shares of 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. Royal Bank Of Canada reiterated a “hold” rating and issued a $43.00 price target (down from $48.00) on shares of Johnson Controls International PLC in a research report on Friday. Finally, Zacks Investment Research upgraded shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research report on Tuesday, April 11th. Two equities research analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Johnson Controls International PLC currently has a consensus rating of “Buy” and an average price target of $50.70.

In other Johnson Controls International PLC news, CEO Alex A. Molinaroli sold 6,335 shares of Johnson Controls International PLC stock in a transaction on Tuesday, May 9th. The shares were sold at an average price of $41.96, for a total transaction of $265,816.60. Following the sale, the chief executive officer now owns 1,296,407 shares of the company’s stock, valued at approximately $54,397,237.72. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 1.50% of the company’s stock.

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.

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