Zurcher Kantonalbank Zurich Cantonalbank trimmed its position in shares of Johnson Controls International PLC (NYSE:JCI) by 56.7% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 237,456 shares of the company’s stock after selling 310,508 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank’s holdings in Johnson Controls International were worth $6,402,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Centerpoint Advisors LLC increased its position in shares of Johnson Controls International by 15,216.7% during the first quarter. Centerpoint Advisors LLC now owns 919 shares of the company’s stock worth $25,000 after acquiring an additional 913 shares during the period. Americana Partners LLC purchased a new stake in shares of Johnson Controls International during the fourth quarter worth $32,000. New England Investment & Retirement Group Inc. purchased a new stake in shares of Johnson Controls International during the first quarter worth $34,000. Duncker Streett & Co. Inc. purchased a new stake in shares of Johnson Controls International during the fourth quarter worth $35,000. Finally, S.A. Mason LLC purchased a new stake in shares of Johnson Controls International during the fourth quarter worth $35,000. Institutional investors own 91.13% of the company’s stock.

In other Johnson Controls International news, CEO George Oliver sold 23,493 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $27.84, for a total value of $654,045.12. Following the completion of the transaction, the chief executive officer now owns 1,020,517 shares in the company, valued at $28,411,193.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.61% of the company’s stock.

A number of analysts have recently weighed in on the company. Cfra cut their price objective on Johnson Controls International from $50.00 to $36.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Citigroup cut their price objective on Johnson Controls International from $44.00 to $31.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Goldman Sachs Group began coverage on Johnson Controls International in a research report on Thursday, April 2nd. They set a “buy” rating and a $34.00 price objective on the stock. Cowen raised Johnson Controls International from a “market perform” rating to an “outperform” rating and dropped their target price for the company from $44.00 to $36.00 in a report on Thursday. Finally, Vertical Research raised Johnson Controls International from a “hold” rating to a “buy” rating in a report on Wednesday. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating to the company’s stock. Johnson Controls International has a consensus rating of “Hold” and a consensus price target of $33.08.

NYSE JCI opened at $28.46 on Friday. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.05 and a quick ratio of 0.83. Johnson Controls International PLC has a 1 year low of $22.77 and a 1 year high of $44.82. The company has a market capitalization of $20.31 billion, a PE ratio of 4.70, a P/E/G ratio of 1.91 and a beta of 1.05. The company has a fifty day moving average of $28.19 and a two-hundred day moving average of $37.16.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Friday, May 1st. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.05. Johnson Controls International had a net margin of 21.80% and a return on equity of 8.81%. The company had revenue of $5.44 billion during the quarter, compared to the consensus estimate of $5.48 billion. During the same quarter in the prior year, the firm posted $0.32 earnings per share. Johnson Controls International’s revenue for the quarter was down 5.8% on a year-over-year basis. On average, research analysts expect that Johnson Controls International PLC will post 1.95 earnings per share for the current 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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