Squarepoint Ops LLC Lowers Holdings in Johnson Controls International PLC (NYSE:JCI)

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Squarepoint Ops LLC trimmed its position in Johnson Controls International PLC (NYSE:JCI) by 53.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 154,678 shares of the company’s stock after selling 180,865 shares during the period. Squarepoint Ops LLC’s holdings in Johnson Controls International were worth $6,789,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in JCI. Putnam Investments LLC increased its stake in Johnson Controls International by 10.1% in the 2nd quarter. Putnam Investments LLC now owns 6,598,243 shares of the company’s stock worth $272,573,000 after acquiring an additional 606,217 shares during the last quarter. Prudential Financial Inc. increased its position in shares of Johnson Controls International by 254.1% in the second quarter. Prudential Financial Inc. now owns 3,988,710 shares of the company’s stock worth $164,774,000 after purchasing an additional 2,862,413 shares during the last quarter. Schafer Cullen Capital Management Inc increased its position in shares of Johnson Controls International by 24.1% in the second quarter. Schafer Cullen Capital Management Inc now owns 3,971,119 shares of the company’s stock worth $164,960,000 after purchasing an additional 770,038 shares during the last quarter. Great West Life Assurance Co. Can increased its position in shares of Johnson Controls International by 4.9% in the third quarter. Great West Life Assurance Co. Can now owns 3,808,049 shares of the company’s stock worth $167,292,000 after purchasing an additional 179,223 shares during the last quarter. Finally, Nuveen Asset Management LLC increased its position in shares of Johnson Controls International by 13,437.3% in the second quarter. Nuveen Asset Management LLC now owns 3,103,696 shares of the company’s stock worth $128,213,000 after purchasing an additional 3,080,769 shares during the last quarter. 89.34% of the stock is owned by hedge funds and other institutional investors.

In related news, VP Robert M. Vanhimbergen sold 2,385 shares of the stock in a transaction on Friday, November 8th. The shares were sold at an average price of $41.97, for a total transaction of $100,098.45. Following the transaction, the vice president now owns 12,288 shares of the company’s stock, valued at approximately $515,727.36. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Jeffrey M. Williams sold 52,655 shares of Johnson Controls International stock in a transaction on Thursday, September 5th. The stock was sold at an average price of $42.91, for a total transaction of $2,259,426.05. Following the completion of the transaction, the vice president now owns 94,506 shares in the company, valued at approximately $4,055,252.46. The disclosure for this sale can be found here. Insiders sold a total of 167,180 shares of company stock valued at $7,272,445 in the last 90 days. 0.50% of the stock is currently owned by corporate insiders.

Several equities research analysts have issued reports on the stock. JPMorgan Chase & Co. lifted their target price on shares of Johnson Controls International from $37.00 to $41.00 and gave the company a “neutral” rating in a research report on Thursday, October 10th. Barclays reissued a “hold” rating and issued a $43.00 price target on shares of Johnson Controls International in a research note on Sunday, November 10th. Five analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $41.29.

NYSE JCI opened at $42.27 on Tuesday. The stock’s 50-day simple moving average is $42.73 and its two-hundred day simple moving average is $41.75. Johnson Controls International PLC has a twelve month low of $28.30 and a twelve month high of $44.82. The company has a quick ratio of 1.17, a current ratio of 1.37 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $33.04 billion, a price-to-earnings ratio of 21.57, a PEG ratio of 1.75 and a beta of 0.94.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Thursday, November 7th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.02. The firm had revenue of $6.27 billion during the quarter, compared to analysts’ expectations of $6.42 billion. Johnson Controls International had a return on equity of 8.04% and a net margin of 23.67%. The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.93 EPS. On average, equities analysts expect that Johnson Controls International PLC will post 2.54 earnings per share for the current fiscal year.

Johnson Controls International Company Profile

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. The company designs, sells, installs, and services heating, ventilating, and air conditioning systems, controls systems, integrated electronic security systems, and integrated fire detection and suppression systems for commercial, industrial, retail, small business, institutional, and governmental customers; and energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, to non-residential building and industrial applications.

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

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