Johnson Controls International PLC (JCI) Shares Sold by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board reduced its position in shares of Johnson Controls International PLC (NYSE:JCI) by 8.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 87,163 shares of the auto parts company’s stock after selling 8,000 shares during the period. New Mexico Educational Retirement Board’s holdings in Johnson Controls International PLC were worth $3,395,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in JCI. FNY Managed Accounts LLC purchased a new stake in shares of Johnson Controls International PLC during the first quarter valued at approximately $100,000. Bessemer Group Inc. raised its stake in shares of Johnson Controls International PLC by 5.5% in the second quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock valued at $110,000 after buying an additional 133 shares during the period. Grove Bank & Trust raised its stake in shares of Johnson Controls International PLC by 57.7% in the second quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock valued at $117,000 after buying an additional 985 shares during the period. First PREMIER Bank raised its stake 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 during the period. Finally, Bbva Compass Bancshares Inc. raised its stake 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 during the period. 85.20% of the stock is currently owned by institutional investors.

Johnson Controls International PLC (NYSE JCI) traded up 0.43% during mid-day trading on Friday, hitting $37.05. The stock had a trading volume of 4,523,953 shares. Johnson Controls International PLC has a one year low of $36.74 and a one year high of $49.83. The stock’s market cap is $34.55 billion. The firm’s 50-day moving average is $41.30 and its 200 day moving average is $41.70.

Johnson Controls International PLC (NYSE:JCI) last released its earnings results on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, hitting 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 company had revenue of $7.67 billion during the quarter, compared to the consensus estimate of $7.72 billion. During the same quarter in the prior year, the firm earned $1.07 EPS. The company’s revenue was up 48.8% compared to the same quarter last year. Equities research analysts expect that Johnson Controls International PLC will post $2.61 EPS for the current year.

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Several equities research analysts have recently commented on JCI shares. TheStreet raised Johnson Controls International PLC from a “c” rating to a “b” rating in a research note 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 for the company in a research report on Friday, July 28th. Cowen and Company restated a “buy” rating and set a $52.00 price objective on shares of Johnson Controls International PLC in a research report on Thursday, April 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 report on Friday, July 28th. Finally, ValuEngine downgraded Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Two equities 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 given a strong buy rating to the company. The company presently has an average rating of “Buy” and an average price target of $50.43.

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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