Johnson Controls International plc Ordinary Share (JCI) Position Boosted by Clifford Swan Investment Counsel LLC

Clifford Swan Investment Counsel LLC boosted its holdings in shares of Johnson Controls International plc Ordinary Share (NYSE:JCI) by 4.6% in the fourth quarter, HoldingsChannel.com reports. The fund owned 214,690 shares of the auto parts company’s stock after acquiring an additional 9,474 shares during the quarter. Clifford Swan Investment Counsel LLC’s holdings in Johnson Controls International plc Ordinary Share were worth $8,182,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Perigon Wealth Management LLC lifted its holdings in shares of Johnson Controls International plc Ordinary Share by 171.7% in the 2nd quarter. Perigon Wealth Management LLC now owns 2,663 shares of the auto parts company’s stock worth $116,000 after buying an additional 1,683 shares during the period. Balentine LLC lifted its holdings in shares of Johnson Controls International plc Ordinary Share by 82.0% in the 3rd quarter. Balentine LLC now owns 3,307 shares of the auto parts company’s stock worth $133,000 after buying an additional 1,490 shares during the period. Calton & Associates Inc. purchased a new stake in shares of Johnson Controls International plc Ordinary Share in the 4th quarter worth $155,000. Cable Hill Partners LLC lifted its holdings in shares of Johnson Controls International plc Ordinary Share by 226.4% in the 3rd quarter. Cable Hill Partners LLC now owns 4,380 shares of the auto parts company’s stock worth $176,000 after buying an additional 3,038 shares during the period. Finally, Field & Main Bank purchased a new stake in shares of Johnson Controls International plc Ordinary Share in the 4th quarter worth $172,000. Institutional investors own 89.19% of the company’s stock.

In related news, VP William C. Jackson acquired 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, November 21st. The stock was purchased at an average cost of $36.00 per share, for a total transaction of $720,000.00. Following the purchase, 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Jeffrey M. Williams sold 27,734 shares of the company’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $40.00, for a total value of $1,109,360.00. Following the transaction, the vice president now directly owns 201,961 shares in the company, valued at $8,078,440. The disclosure for this sale can be found here. Corporate insiders own 0.43% of the company’s stock.

JCI has been the subject of several research reports. TheStreet upgraded Johnson Controls International plc Ordinary Share from a “c” rating to a “b” rating in a report on Thursday, November 9th. Oppenheimer reiterated a “buy” rating and issued a $45.00 target price (down from $50.00) on shares of Johnson Controls International plc Ordinary Share in a report on Friday, November 10th. Cowen reiterated a “buy” rating and issued a $48.00 target price on shares of Johnson Controls International plc Ordinary Share in a report on Thursday, November 9th. JMP Securities set a $50.00 target price on Johnson Controls International plc Ordinary Share and gave the stock a “buy” rating in a report on Monday, October 23rd. Finally, UBS Group initiated coverage on Johnson Controls International plc Ordinary Share in a report on Monday, January 22nd. They issued a “buy” rating for the company. Two research analysts have rated the stock with a sell rating, twelve have given a hold rating and seven have assigned a buy rating to the company’s stock. Johnson Controls International plc Ordinary Share has a consensus rating of “Hold” and a consensus price target of $46.08.

Shares of Johnson Controls International plc Ordinary Share (NYSE JCI) opened at $38.42 on Friday. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.80 and a current ratio of 1.11. The firm has a market capitalization of $35,370.00, a price-to-earnings ratio of 24.47, a P/E/G ratio of 1.26 and a beta of 0.81. Johnson Controls International plc Ordinary Share has a 12 month low of $34.51 and a 12 month high of $44.37.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last issued its quarterly earnings data on Wednesday, January 31st. The auto parts company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.03. The firm had revenue of $7.44 billion during the quarter, compared to analysts’ expectations of $7.19 billion. Johnson Controls International plc Ordinary Share had a return on equity of 11.73% and a net margin of 5.92%. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.53 EPS. analysts anticipate that Johnson Controls International plc Ordinary Share will post 2.79 earnings per share for the current fiscal year.

Johnson Controls International plc Ordinary Share declared that its Board of Directors has initiated a stock buyback plan on Thursday, December 7th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the auto parts company to purchase shares of its stock through open market purchases. Shares buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

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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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