OLD Second National Bank of Aurora Reduces Stake in Johnson Controls International PLC (JCI)

OLD Second National Bank of Aurora lowered its stake in shares of Johnson Controls International PLC (NYSE:JCI) by 1.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,479 shares of the auto parts company’s stock after selling 426 shares during the period. OLD Second National Bank of Aurora’s holdings in Johnson Controls International PLC were worth $1,321,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the stock. American International Group Inc. increased its position in shares of Johnson Controls International PLC by 0.8% in the first quarter. American International Group Inc. now owns 467,845 shares of the auto parts company’s stock valued at $19,706,000 after buying an additional 3,499 shares during the period. Busey Trust CO bought a new stake in shares of Johnson Controls International PLC during the first quarter worth $2,994,000. Bank of New York Mellon Corp boosted its stake in shares of Johnson Controls International PLC by 19.2% in the first quarter. Bank of New York Mellon Corp now owns 9,214,364 shares of the auto parts company’s stock worth $388,108,000 after buying an additional 1,483,178 shares in the last quarter. PGGM Investments boosted its stake in shares of Johnson Controls International PLC by 15.7% in the first quarter. PGGM Investments now owns 1,091,359 shares of the auto parts company’s stock worth $45,968,000 after buying an additional 148,000 shares in the last quarter. Finally, Financial Counselors Inc. boosted its stake in shares of Johnson Controls International PLC by 2.8% in the first quarter. Financial Counselors Inc. now owns 21,317 shares of the auto parts company’s stock worth $898,000 after buying an additional 586 shares in the last quarter. 85.23% of the stock is owned by institutional investors.

Johnson Controls International PLC (NYSE JCI) traded down 0.57% during trading on Friday, reaching $38.67. The company’s stock had a trading volume of 2,936,758 shares. The firm’s market cap is $36.06 billion. The stock’s 50 day moving average is $41.98 and its 200-day moving average is $41.93. Johnson Controls International PLC has a 52 week low of $38.51 and a 52 week high of $48.97.

Johnson Controls International PLC (NYSE:JCI) last announced its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.71. The firm had revenue of $7.67 billion during the quarter, compared to analysts’ expectations of $7.72 billion. Johnson Controls International PLC had a positive return on equity of 11.74% and a negative net margin of 0.43%. The company’s quarterly revenue was up 48.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.07 EPS. On average, equities research analysts forecast that Johnson Controls International PLC will post $2.61 earnings per share for the current fiscal year.

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A number of equities research analysts recently weighed in on the stock. Morgan Stanley cut their price objective on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a research note on Monday, August 7th. BidaskClub cut shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. TheStreet upgraded shares of Johnson Controls International PLC from a “c” rating to a “b” rating in a research note on Thursday, July 27th. 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 note on Friday, July 28th. Finally, Gabelli upgraded shares of Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price objective on the stock in a research note on Friday, July 28th. Two research analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. Johnson Controls International PLC presently has an average 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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