Johnson Controls International plc Ordinary Share (JCI) Holdings Decreased by Parametric Portfolio Associates LLC

Parametric Portfolio Associates LLC lowered its holdings in Johnson Controls International plc Ordinary Share (NYSE:JCI) by 3.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,238,870 shares of the auto parts company’s stock after selling 45,076 shares during the quarter. Parametric Portfolio Associates LLC owned 0.13% of Johnson Controls International plc Ordinary Share worth $49,914,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Bessemer Group Inc. boosted its holdings 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 worth $110,000 after buying an additional 133 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in Johnson Controls International plc Ordinary Share by 433.2% during the second quarter. Canada Pension Plan Investment Board now owns 72,728 shares of the auto parts company’s stock worth $3,153,000 after buying an additional 59,088 shares in the last quarter. First Trust Advisors LP boosted its holdings in Johnson Controls International plc Ordinary Share by 494.7% during the second quarter. First Trust Advisors LP now owns 64,526 shares of the auto parts company’s stock worth $2,798,000 after buying an additional 53,675 shares in the last quarter. Teacher Retirement System of Texas boosted its holdings in Johnson Controls International plc Ordinary Share by 1.6% during the second quarter. Teacher Retirement System of Texas now owns 9,924 shares of the auto parts company’s stock worth $430,000 after buying an additional 153 shares in the last quarter. Finally, Blair William & Co. IL boosted its holdings in Johnson Controls International plc Ordinary Share by 1.4% during the second quarter. Blair William & Co. IL now owns 63,777 shares of the auto parts company’s stock worth $2,765,000 after buying an additional 862 shares in the last quarter. Hedge funds and other institutional investors own 89.76% of the company’s stock.

In other Johnson Controls International plc Ordinary Share news, Director Juergen Tinggren purchased 12,000 shares of the firm’s stock in a transaction dated Saturday, November 17th. The shares were purchased at an average cost of $36.41 per share, with a total value of $436,920.00. Following the completion of the purchase, the director now owns 21,625 shares in the company, valued at approximately $787,366.25. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, VP William C. Jackson purchased 20,000 shares of the firm’s stock in a transaction dated Tuesday, November 21st. The stock was acquired at an average cost of $36.00 per share, for a total transaction of $720,000.00. Following the completion of the purchase, the vice president now owns 286,842 shares of the company’s stock, valued at approximately $10,326,312. The disclosure for this purchase can be found here. Over the last three months, insiders bought 59,300 shares of company stock worth $2,161,560. Insiders own 1.50% of the company’s stock.

JCI has been the topic of a number of recent analyst reports. Zacks Investment Research downgraded shares of Johnson Controls International plc Ordinary Share from a “hold” rating to a “sell” rating in a report on Tuesday, November 14th. UBS Group downgraded shares of Johnson Controls International plc Ordinary Share from a “positive” rating to a “neutral” rating in a report on Wednesday, November 15th. Citigroup reissued a “buy” rating and set a $50.00 price target (up from $47.00) on shares of Johnson Controls International plc Ordinary Share in a report on Monday, October 9th. Susquehanna Bancshares downgraded shares of Johnson Controls International plc Ordinary Share from a “positive” rating to a “neutral” rating and increased their price target for the stock from $48.00 to $49.00 in a report on Wednesday, November 15th. Finally, TheStreet downgraded shares of Johnson Controls International plc Ordinary Share from a “b” rating to a “c+” rating in a report on Monday, December 18th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $47.31.

Johnson Controls International plc Ordinary Share (JCI) traded up $0.50 on Thursday, reaching $39.56. 3,519,800 shares of the company’s stock traded hands, compared to its average volume of 5,970,000. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.56. The stock has a market capitalization of $36,150.00, a P/E ratio of 23.13, a price-to-earnings-growth ratio of 1.03 and a beta of 0.90. Johnson Controls International plc Ordinary Share has a fifty-two week low of $34.51 and a fifty-two week high of $44.70.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last posted its quarterly earnings data on Thursday, November 9th. The auto parts company reported $0.87 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.87. The business had revenue of $8.14 billion for the quarter, compared to the consensus estimate of $8.10 billion. Johnson Controls International plc Ordinary Share had a net margin of 6.32% and a return on equity of 11.91%. The company’s revenue was up 30.1% compared to the same quarter last year. During the same period last year, the firm posted $1.21 earnings per share. sell-side analysts expect that Johnson Controls International plc Ordinary Share will post 2.8 earnings per share for the current fiscal year.

Johnson Controls International plc Ordinary Share announced that its board has initiated a stock buyback program on Thursday, December 7th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the auto parts company to purchase shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Stockholders of record on Monday, December 18th will be paid a $0.26 dividend. This is an increase from Johnson Controls International plc Ordinary Share’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 2.63%. The ex-dividend date is Friday, December 15th. Johnson Controls International plc Ordinary Share’s dividend payout ratio (DPR) is currently 60.82%.

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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.

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

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