CAPROCK Group Inc. Increases Stake in Johnson Controls International PLC (JCI)

CAPROCK Group Inc. increased its stake in shares of Johnson Controls International PLC (NYSE:JCI) by 34.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,126 shares of the auto parts company’s stock after buying an additional 6,243 shares during the period. CAPROCK Group Inc.’s holdings in Johnson Controls International PLC were worth $1,050,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of JCI. FNY Managed Accounts LLC bought a new stake in shares of Johnson Controls International PLC during the first quarter valued at about $100,000. First PREMIER Bank increased its position in shares of Johnson Controls International PLC by 366.2% in the second quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock valued at $146,000 after buying an additional 2,640 shares in the last quarter. Bbva Compass Bancshares Inc. increased its position in shares of Johnson Controls International PLC by 4.2% in the second quarter. Bbva Compass Bancshares Inc. now owns 3,714 shares of the auto parts company’s stock valued at $161,000 after buying an additional 150 shares in the last quarter. Livingston Group Asset Management CO operating as Southport Capital Management purchased a new position in shares of Johnson Controls International PLC during the second quarter valued at approximately $202,000. Finally, First Heartland Consultants Inc. purchased a new position in shares of Johnson Controls International PLC during the second quarter valued at approximately $206,000. Institutional investors and hedge funds own 85.23% of the company’s stock.

Shares of Johnson Controls International PLC (NYSE JCI) traded down 0.57% during mid-day trading on Friday, reaching $38.67. 2,936,758 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $41.98 and a 200-day moving average price of $41.93. Johnson Controls International PLC has a one year low of $38.51 and a one year high of $48.97. The stock’s market cap is $36.06 billion.

Johnson Controls International PLC (NYSE:JCI) last released its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.71. Johnson Controls International PLC had a negative net margin of 0.43% and a positive return on equity of 11.74%. The firm had revenue of $7.67 billion for the quarter, compared to analysts’ expectations of $7.72 billion. During the same quarter 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. On average, analysts predict that Johnson Controls International PLC will post $2.61 EPS for the current year.

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Several research analysts have commented on JCI shares. Zacks Investment Research downgraded shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, July 4th. Gabelli upgraded shares of Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price objective for the company in a research report on Friday, July 28th. Royal Bank Of Canada restated a “hold” rating and set a $43.00 price objective (down from $48.00) on shares of Johnson Controls International PLC in a research report on Friday, July 28th. ValuEngine downgraded shares of Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, Cowen and Company restated an “outperform” rating and set a $52.00 price objective on shares of Johnson Controls International PLC in a research report on Friday, May 19th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $50.43.

About Johnson Controls International PLC

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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