Barrett Asset Management LLC Has $9.29 Million Stake in Johnson Controls International PLC (JCI)

Barrett Asset Management LLC cut its stake in Johnson Controls International PLC (NYSE:JCI) by 2.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 214,224 shares of the auto parts company’s stock after selling 6,404 shares during the period. Barrett Asset Management LLC’s holdings in Johnson Controls International PLC were worth $9,289,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Lazard Asset Management LLC raised its stake in shares of Johnson Controls International PLC by 20.1% in the first quarter. Lazard Asset Management LLC now owns 11,231,816 shares of the auto parts company’s stock worth $473,083,000 after buying an additional 1,883,034 shares during the period. OppenheimerFunds Inc. increased its position in Johnson Controls International PLC by 31.3% in the first quarter. OppenheimerFunds Inc. now owns 11,209,265 shares of the auto parts company’s stock worth $472,135,000 after buying an additional 2,670,778 shares in the last quarter. Bank of New York Mellon Corp increased its position in 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. Geode Capital Management LLC increased its position in Johnson Controls International PLC by 9.3% in the first quarter. Geode Capital Management LLC now owns 9,137,888 shares of the auto parts company’s stock worth $384,341,000 after buying an additional 780,842 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Johnson Controls International PLC by 8.3% in the first quarter. Ameriprise Financial Inc. now owns 8,827,941 shares of the auto parts company’s stock worth $371,848,000 after buying an additional 672,912 shares in the last quarter. 85.23% of the stock is owned by institutional investors.

Johnson Controls International PLC (JCI) opened at 39.78 on Tuesday. The stock’s market cap is $37.09 billion. Johnson Controls International PLC has a 1-year low of $38.54 and a 1-year high of $48.97. The firm has a 50-day moving average price of $42.58 and a 200 day moving average price of $42.12.

Johnson Controls International PLC (NYSE:JCI) last posted its quarterly earnings results 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. The company had revenue of $7.67 billion for the quarter, compared to analyst estimates 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%. Johnson Controls International PLC’s revenue for the quarter was up 48.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.07 EPS. On average, equities research analysts anticipate that Johnson Controls International PLC will post $2.61 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: This news story was published by BBNS and is the sole property of of BBNS. If you are accessing this news story on another site, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this news story can be read at https://baseballnewssource.com/markets/barrett-asset-management-llc-has-9-29-million-stake-in-johnson-controls-international-plc-jci/1409203.html.

A number of research analysts have recently commented on JCI shares. Wolfe Research started coverage on Johnson Controls International PLC in a research report on Tuesday, July 11th. They set a “market perform” rating for the company. Morgan Stanley lowered their target price on Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating for the company in a research report on Monday. ValuEngine downgraded Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. BidaskClub downgraded Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. Finally, JMP Securities started coverage on Johnson Controls International PLC in a research report on Monday, June 19th. They set an “outperform” rating and a $54.00 target price for the company. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating, thirteen have given a buy rating and one has given a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price 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.

Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Controls International PLC (NYSE:JCI).

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

Receive News & Ratings for Johnson Controls International PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International PLC and related companies with our FREE daily email newsletter.

 


Latest News

Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Miami’s Giancarlo Stanton Sets Marlins Home Run Record
Bryce Harper Latest Star to Suffer Injury
Bryce Harper Latest Star to Suffer Injury
Chicago Cubs Must Survive Without Willson Contreras
Chicago Cubs Must Survive Without Willson Contreras
Cleveland Indians Acquire Jay Bruce From New York Mets
Cleveland Indians Acquire Jay Bruce From New York Mets
Injury to CC Sabathia Adds to Yankees’ Concerns
Injury to CC Sabathia Adds to Yankees’ Concerns
Darren Daulton Former Catcher with Phillies Dies
Darren Daulton Former Catcher with Phillies Dies


Leave a Reply

 
© 2006-2017 BBNS.