Johnson Controls International PLC (JCI) Shares Sold by ProShare Advisors LLC

ProShare Advisors LLC lessened its position in Johnson Controls International PLC (NYSE:JCI) by 4.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 76,060 shares of the auto parts company’s stock after selling 3,582 shares during the quarter. ProShare Advisors LLC’s holdings in Johnson Controls International PLC were worth $3,298,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Financial Counselors Inc. raised its holdings in shares of Johnson Controls International PLC by 2.8% in the 1st quarter. Financial Counselors Inc. now owns 21,317 shares of the auto parts company’s stock valued at $898,000 after buying an additional 586 shares during the period. Federated Investors Inc. PA raised its holdings in shares of Johnson Controls International PLC by 368.6% in the 2nd quarter. Federated Investors Inc. PA now owns 73,435 shares of the auto parts company’s stock valued at $3,184,000 after buying an additional 57,764 shares during the period. Oppenheimer & Co. Inc. raised its holdings in shares of Johnson Controls International PLC by 13.4% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 194,832 shares of the auto parts company’s stock valued at $8,449,000 after buying an additional 22,960 shares during the period. First National Trust Co. raised its holdings in shares of Johnson Controls International PLC by 15.3% in the 2nd quarter. First National Trust Co. now owns 26,265 shares of the auto parts company’s stock valued at $1,139,000 after buying an additional 3,482 shares during the period. Finally, Trillium Asset Management LLC raised its holdings in shares of Johnson Controls International PLC by 2.2% in the 2nd quarter. Trillium Asset Management LLC now owns 474,320 shares of the auto parts company’s stock valued at $20,567,000 after buying an additional 10,045 shares during the period. Hedge funds and other institutional investors own 86.08% of the company’s stock.

Several equities research analysts recently issued reports on JCI shares. TheStreet upgraded Johnson Controls International PLC from a “c” rating to a “b” rating in a report on Thursday, July 27th. Gabelli upgraded Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a report on Friday, July 28th. Robert W. Baird reiterated a “buy” rating and issued a $50.00 price objective on shares of Johnson Controls International PLC in a report on Monday, August 28th. ValuEngine downgraded Johnson Controls International PLC from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $43.00 price objective (down previously from $48.00) on shares of Johnson Controls International PLC in a report on Friday, July 28th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and eleven have given a buy rating to the company. Johnson Controls International PLC presently has a consensus rating of “Hold” and a consensus target price of $48.86.

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Johnson Controls International PLC (JCI) opened at 39.89 on Friday. The firm’s market capitalization is $37.19 billion. The stock’s 50 day moving average price is $39.03 and its 200 day moving average price is $41.28. Johnson Controls International PLC has a 52-week low of $36.74 and a 52-week high of $46.86.

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 Zacks’ consensus estimate of $0.71. Johnson Controls International PLC had a positive return on equity of 11.74% and a negative net margin of 0.43%. The business had revenue of $7.67 billion for the quarter, compared to analyst estimates of $7.72 billion. During the same period in the previous year, the company earned $1.07 earnings per share. The company’s revenue for the quarter was up 48.8% compared to the same quarter last year. Analysts expect that Johnson Controls International PLC will post $2.61 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Monday, September 25th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date of this dividend is Friday, September 22nd. Johnson Controls International PLC’s payout ratio is -196.08%.

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.

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

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