Mackenzie Financial Corp Has $33.71 Million Position in Johnson Controls International plc Ordinary Share (JCI)

Mackenzie Financial Corp increased its holdings in Johnson Controls International plc Ordinary Share (NYSE:JCI) by 10.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 836,622 shares of the auto parts company’s stock after purchasing an additional 78,350 shares during the quarter. Mackenzie Financial Corp owned approximately 0.09% of Johnson Controls International plc Ordinary Share worth $33,708,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of JCI. Bessemer Group Inc. boosted its position in Johnson Controls International plc Ordinary Share by 5.5% during the second 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 last quarter. Harfst & Associates Inc. boosted its position in Johnson Controls International plc Ordinary Share by 16.9% during the second 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 last quarter. Perigon Wealth Management LLC boosted its position in Johnson Controls International plc Ordinary Share by 171.7% during the second 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 last quarter. Archford Capital Strategies LLC boosted its position in Johnson Controls International plc Ordinary Share by 5,344.7% during the second quarter. Archford Capital Strategies LLC now owns 8,167 shares of the auto parts company’s stock valued at $124,000 after acquiring an additional 8,017 shares during the last quarter. Finally, Bbva Compass Bancshares Inc. boosted its position in Johnson Controls International plc Ordinary Share by 4.2% during the second quarter. Bbva Compass Bancshares Inc. now owns 3,714 shares of the auto parts company’s stock valued at $161,000 after acquiring an additional 150 shares during the last quarter. 89.92% of the stock is currently owned by institutional investors.

Johnson Controls International plc Ordinary Share (NYSE:JCI) traded down $0.30 during mid-day trading on Wednesday, hitting $37.13. 6,577,600 shares of the stock were exchanged, compared to its average volume of 5,182,174. The company has a market cap of $34,360.00, a PE ratio of 14.34, a PEG ratio of 1.01 and a beta of 0.90. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.56. Johnson Controls International plc Ordinary Share has a one year low of $34.51 and a one year high of $44.70.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last released its quarterly earnings data on Thursday, November 9th. The auto parts company reported $0.87 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.87. Johnson Controls International plc Ordinary Share had a net margin of 6.32% and a return on equity of 11.91%. The company had revenue of $8.14 billion for the quarter, compared to analysts’ expectations of $8.10 billion. During the same quarter in the prior year, the firm earned $1.21 EPS. The business’s revenue was up 30.1% on a year-over-year basis. research analysts forecast that Johnson Controls International plc Ordinary Share will post 2.8 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Monday, December 18th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.80%. This is a positive change from Johnson Controls International plc Ordinary Share’s previous quarterly dividend of $0.25. Johnson Controls International plc Ordinary Share’s dividend payout ratio is currently 58.48%.

In other Johnson Controls International plc Ordinary Share news, VP William C. Jackson bought 20,000 shares of the stock in a transaction that occurred on Tuesday, November 21st. The shares were bought at an average price of $36.00 per share, for a total transaction of $720,000.00. Following the acquisition, the vice president now directly owns 286,842 shares of the company’s stock, valued at approximately $10,326,312. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Oliver bought 27,300 shares of the stock in a transaction that occurred on Friday, November 24th. The stock was acquired at an average price of $36.80 per share, for a total transaction of $1,004,640.00. Following the acquisition, the chief executive officer now directly owns 634,732 shares in the company, valued at $23,358,137.60. The disclosure for this purchase can be found here. Corporate insiders own 1.50% of the company’s stock.

JCI has been the topic of a number of research analyst reports. BidaskClub cut shares of Johnson Controls International plc Ordinary Share from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Zacks Investment Research raised shares of Johnson Controls International plc Ordinary Share from a “sell” rating to a “hold” rating in a research report on Monday, September 11th. UBS cut shares of Johnson Controls International plc Ordinary Share from a “positive” rating to a “neutral” rating in a research report on Wednesday, November 15th. Oppenheimer reaffirmed a “buy” rating and set a $50.00 price target (down previously from $52.00) on shares of Johnson Controls International plc Ordinary Share in a research report on Tuesday, October 31st. Finally, Cowen reissued a “buy” rating and set a $48.00 price objective on shares of Johnson Controls International plc Ordinary Share in a research report on Wednesday, September 27th. Two investment analysts have rated the stock with a sell rating, twelve have given a hold rating and ten have issued a buy rating to the stock. Johnson Controls International plc Ordinary Share currently has a consensus rating of “Hold” and a consensus price target of $47.79.

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About Johnson Controls International plc Ordinary Share

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 Ordinary Share (NYSE:JCI)

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