Hotchkis & Wiley Capital Management LLC decreased its position in Johnson Controls International PLC (NYSE:JCI) by 4.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,072,515 shares of the auto parts company’s stock after selling 416,260 shares during the quarter. Johnson Controls International PLC accounts for about 1.6% of Hotchkis & Wiley Capital Management LLC’s holdings, making the stock its 18th biggest holding. Hotchkis & Wiley Capital Management LLC owned 0.97% of Johnson Controls International PLC worth $393,384,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. FNY Managed Accounts LLC purchased a new position in Johnson Controls International PLC in the 1st quarter valued at $100,000. Bessemer Group Inc. boosted its position in shares of Johnson Controls International PLC by 5.5% during the 2nd quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after purchasing an additional 133 shares in the last quarter. Grove Bank & Trust boosted its position in shares of Johnson Controls International PLC by 57.7% during the 2nd quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock worth $117,000 after purchasing an additional 985 shares in the last quarter. First PREMIER Bank boosted its position in shares of Johnson Controls International PLC by 366.2% during the 2nd quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock worth $146,000 after purchasing an additional 2,640 shares in the last quarter. Finally, Bbva Compass Bancshares Inc. boosted its position in shares of Johnson Controls International PLC by 4.2% during the 2nd quarter. Bbva Compass Bancshares Inc. now owns 3,714 shares of the auto parts company’s stock worth $161,000 after purchasing an additional 150 shares in the last quarter. 86.17% of the stock is currently owned by hedge funds and other institutional investors.

TRADEMARK VIOLATION WARNING: This piece of content was first published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this piece of content on another site, it was stolen and reposted in violation of US & international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/09/16/hotchkis-wiley-capital-management-llc-has-393-38-million-position-in-johnson-controls-international-plc-jci.html.

Shares of Johnson Controls International PLC (NYSE JCI) traded down 0.72% during midday trading on Friday, hitting $39.81. The company had a trading volume of 6,186,135 shares. The stock’s 50-day moving average price is $39.03 and its 200-day moving average price is $41.33. Johnson Controls International PLC has a one year low of $36.74 and a one year high of $46.86. The stock’s market capitalization is $37.12 billion.

Johnson Controls International PLC (NYSE:JCI) last issued its earnings results on Thursday, July 27th. The auto parts company reported $0.71 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.71. The company had revenue of $7.67 billion during the quarter, compared to the consensus estimate 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 firm’s revenue for the quarter was up 48.8% compared to the same quarter last year. During the same period last year, the business posted $1.07 EPS. Analysts predict that Johnson Controls International PLC will post $2.61 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Monday, September 25th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Friday, September 22nd. This represents a $1.00 dividend on an annualized basis and a yield of 2.51%. Johnson Controls International PLC’s dividend payout ratio (DPR) is currently -196.08%.

Several research firms have recently issued reports on JCI. Wolfe Research began coverage on Johnson Controls International PLC in a research note on Tuesday, July 11th. They set a “market perform” rating for the company. Morgan Stanley reissued an “overweight” rating and issued a $51.00 target price (up previously from $50.00) on shares of Johnson Controls International PLC in a research note on Monday, July 10th. Zacks Investment Research downgraded shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, July 4th. BidaskClub raised shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th. Finally, ValuEngine downgraded shares of Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $49.63.

Johnson Controls International PLC 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)

Receive News & Stock 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 stocks with our FREE daily email newsletter.