Artisan Partners Limited Partnership purchased a new stake in Johnson Controls International plc Ordinary Share (NYSE:JCI) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 331,874 shares of the auto parts company’s stock, valued at approximately $13,371,000.

A number of other institutional investors have also recently bought and sold shares of the business. Welch & Forbes LLC acquired a new position in shares of Johnson Controls International plc Ordinary Share in the 3rd quarter worth approximately $6,313,000. Dimensional Fund Advisors LP raised its holdings in shares of Johnson Controls International plc Ordinary Share by 16.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,624,691 shares of the auto parts company’s stock worth $146,026,000 after buying an additional 512,460 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Johnson Controls International plc Ordinary Share by 31.0% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 11,885,205 shares of the auto parts company’s stock worth $478,855,000 after buying an additional 2,812,690 shares in the last quarter. Jupiter Asset Management Ltd. raised its holdings in shares of Johnson Controls International plc Ordinary Share by 7.7% in the 3rd quarter. Jupiter Asset Management Ltd. now owns 450,946 shares of the auto parts company’s stock worth $18,169,000 after buying an additional 32,197 shares in the last quarter. Finally, Zeke Capital Advisors LLC raised its holdings in shares of Johnson Controls International plc Ordinary Share by 108.2% in the 3rd quarter. Zeke Capital Advisors LLC now owns 17,080 shares of the auto parts company’s stock worth $688,000 after buying an additional 8,878 shares in the last quarter. 89.92% of the stock is owned by hedge funds and other institutional investors.

In other Johnson Controls International plc Ordinary Share news, CEO George Oliver purchased 27,300 shares of Johnson Controls International plc Ordinary Share stock in a transaction that occurred on Friday, November 24th. The stock was acquired at an average price of $36.80 per share, for a total transaction of $1,004,640.00. Following the completion of the acquisition, the chief executive officer now owns 634,732 shares of the company’s stock, valued at approximately $23,358,137.60. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP William C. Jackson purchased 20,000 shares of Johnson Controls International plc Ordinary Share stock in a transaction that occurred on Tuesday, November 21st. The shares were acquired at an average price of $36.00 per share, with a total value of $720,000.00. Following the acquisition, the vice president now directly owns 286,842 shares of the company’s stock, valued at approximately $10,326,312. The disclosure for this purchase can be found here. 1.50% of the stock is currently owned by insiders.

Johnson Controls International plc Ordinary Share (NYSE JCI) traded down $0.30 during trading hours on Wednesday, hitting $37.13. The company had a trading volume of 6,577,600 shares, compared to its average volume of 5,182,174. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.56. The firm has a market capitalization of $34,360.00, a P/E ratio of 14.34, a P/E/G ratio of 1.01 and a beta of 0.90. Johnson Controls International plc Ordinary Share has a twelve month low of $34.51 and a twelve month high of $44.70.

Johnson Controls International plc Ordinary Share (NYSE:JCI) last released its earnings results on Thursday, November 9th. The auto parts company reported $0.87 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.87. The business had revenue of $8.14 billion for the quarter, compared to the consensus estimate of $8.10 billion. Johnson Controls International plc Ordinary Share had a return on equity of 11.91% and a net margin of 6.32%. Johnson Controls International plc Ordinary Share’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.21 earnings per share. research analysts anticipate that Johnson Controls International plc Ordinary Share will post 2.8 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Monday, December 18th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.80%. This is an increase from Johnson Controls International plc Ordinary Share’s previous quarterly dividend of $0.25. Johnson Controls International plc Ordinary Share’s payout ratio is currently 58.48%.

A number of research firms recently weighed in on JCI. Citigroup reaffirmed a “buy” rating and set a $50.00 price target (up from $47.00) on shares of Johnson Controls International plc Ordinary Share in a report on Monday, October 9th. Cowen reaffirmed an “outperform” rating and set a $48.00 price target on shares of Johnson Controls International plc Ordinary Share in a report on Monday, August 21st. Zacks Investment Research raised Johnson Controls International plc Ordinary Share from a “sell” rating to a “hold” rating in a report on Tuesday, September 5th. Robert W. Baird dropped their price target on Johnson Controls International plc Ordinary Share from $50.00 to $48.00 and set an “outperform” rating for the company in a report on Friday, November 10th. Finally, Oppenheimer reaffirmed a “buy” rating and set a $45.00 price target (down from $50.00) on shares of Johnson Controls International plc Ordinary Share in a report on Friday, November 10th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $47.79.

ILLEGAL ACTIVITY WARNING: This news story was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this news story on another website, it was stolen and reposted in violation of international trademark & copyright laws. The original version of this news story can be read at https://www.thecerbatgem.com/2017/12/06/331874-shares-in-johnson-controls-international-plc-ordinary-share-jci-acquired-by-artisan-partners-limited-partnership.html.

About Johnson Controls International plc Ordinary Share

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 Ordinary Share (NYSE:JCI)

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