UBS Asset Management Americas Inc. Purchases 569,204 Shares of Johnson Controls International plc Ordinary Share (JCI)

UBS Asset Management Americas Inc. raised its position in Johnson Controls International plc Ordinary Share (NYSE:JCI) by 13.2% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 4,882,033 shares of the auto parts company’s stock after buying an additional 569,204 shares during the period. UBS Asset Management Americas Inc.’s holdings in Johnson Controls International plc Ordinary Share were worth $186,054,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently made changes to their positions in JCI. Perigon Wealth Management LLC boosted its position in 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 valued at $116,000 after buying an additional 1,683 shares during the last quarter. Balentine LLC boosted its position in 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 valued at $133,000 after buying an additional 1,490 shares during the last quarter. Calton & Associates Inc. bought a new position in Johnson Controls International plc Ordinary Share in the 4th quarter valued at $155,000. Field & Main Bank bought a new position in Johnson Controls International plc Ordinary Share in the 4th quarter valued at $172,000. Finally, Cable Hill Partners LLC boosted its position in 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 valued at $176,000 after buying an additional 3,038 shares during the last quarter. Hedge funds and other institutional investors own 89.19% of the company’s stock.

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 $35,581.64, a PE ratio of 14.66, a price-to-earnings-growth ratio of 1.27 and a beta of 0.81. Johnson Controls International plc Ordinary Share has a twelve month low of $34.51 and a twelve month high of $44.37.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last posted its earnings results on Wednesday, January 31st. The auto parts company reported $0.54 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.03. The firm had revenue of $7.44 billion for the quarter, compared to analyst estimates 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 company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.53 earnings per share. equities analysts predict that Johnson Controls International plc Ordinary Share will post 2.79 EPS for the current year.

Johnson Controls International plc Ordinary Share declared that its board has authorized a stock buyback program 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. Stock buyback programs are typically an indication that the company’s management believes its stock is undervalued.

A number of research analysts have commented on the company. Oppenheimer reiterated a “buy” rating and issued a $50.00 price objective (down from $52.00) on shares of Johnson Controls International plc Ordinary Share in a research report on Tuesday, October 31st. ValuEngine lowered Johnson Controls International plc Ordinary Share from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Vertical Research lowered Johnson Controls International plc Ordinary Share from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. Robert W. Baird lowered Johnson Controls International plc Ordinary Share from an “outperform” rating to a “neutral” rating and reduced their price target for the stock from $48.00 to $42.00 in a research report on Friday, January 5th. Finally, Cowen lowered Johnson Controls International plc Ordinary Share from an “outperform” rating to a “market perform” rating and reduced their price target for the stock from $44.00 to $42.00 in a research report on Thursday, January 18th. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $46.08.

In other Johnson Controls International plc Ordinary Share news, CEO George Oliver bought 27,300 shares of Johnson Controls International plc Ordinary Share stock in a transaction on Friday, November 24th. The shares were purchased at an average cost of $36.80 per share, for a total transaction of $1,004,640.00. Following the completion of the acquisition, the chief executive officer now owns 634,732 shares in the company, valued at approximately $23,358,137.60. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, VP Jeffrey M. Williams sold 27,734 shares of Johnson Controls International plc Ordinary Share stock in a transaction dated Thursday, January 4th. The stock was sold at an average price of $40.00, for a total value of $1,109,360.00. Following the transaction, the vice president now owns 201,961 shares in the company, valued at $8,078,440. The disclosure for this sale can be found here. Insiders own 0.43% of the company’s stock.

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

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