Strs Ohio trimmed its holdings in Johnson Controls International PLC (NYSE:JCI) by 87.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 42,183 shares of the company’s stock after selling 299,207 shares during the quarter. Strs Ohio’s holdings in Johnson Controls International were worth $1,440,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Vident Investment Advisory LLC raised its position in shares of Johnson Controls International by 111.6% in the first quarter. Vident Investment Advisory LLC now owns 27,307 shares of the company’s stock worth $736,000 after acquiring an additional 14,402 shares during the period. AXA raised its position in shares of Johnson Controls International by 17.9% during the 1st quarter. AXA now owns 424,308 shares of the company’s stock worth $11,440,000 after purchasing an additional 64,506 shares during the last quarter. Robecosam AG acquired a new position in shares of Johnson Controls International during the 2nd quarter worth about $9,559,000. Cullen Capital Management LLC raised its position in shares of Johnson Controls International by 221.0% during the 1st quarter. Cullen Capital Management LLC now owns 3,846,575 shares of the company’s stock worth $103,704,000 after purchasing an additional 2,648,100 shares during the last quarter. Finally, Tower Research Capital LLC TRC raised its position in shares of Johnson Controls International by 23,347.5% during the 1st quarter. Tower Research Capital LLC TRC now owns 18,758 shares of the company’s stock worth $506,000 after purchasing an additional 18,678 shares during the last quarter. 88.44% of the stock is currently owned by institutional investors.

Johnson Controls International stock opened at $38.48 on Friday. The firm has a 50 day simple moving average of $35.11 and a 200-day simple moving average of $34.04. Johnson Controls International PLC has a 1-year low of $22.77 and a 1-year high of $44.82. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.05 and a quick ratio of 0.83. The stock has a market cap of $28.62 billion, a price-to-earnings ratio of 6.36, a price-to-earnings-growth ratio of 2.46 and a beta of 1.07.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Friday, July 31st. The company reported $0.67 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.19. Johnson Controls International had a net margin of 21.80% and a return on equity of 8.81%. The business had revenue of $5.34 billion during the quarter, compared to analysts’ expectations of $5.11 billion. During the same quarter in the prior year, the company posted $0.65 EPS. The business’s revenue for the quarter was down 17.2% on a year-over-year basis. Equities analysts expect that Johnson Controls International PLC will post 1.93 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Friday, July 17th. Stockholders of record on Monday, June 22nd were paid a $0.26 dividend. The ex-dividend date was Friday, June 19th. This represents a $1.04 annualized dividend and a dividend yield of 2.70%. Johnson Controls International’s dividend payout ratio (DPR) is 53.06%.

JCI has been the subject of several research analyst reports. Deutsche Bank reduced their price target on shares of Johnson Controls International from $48.00 to $41.00 and set a “buy” rating for the company in a research report on Thursday, April 9th. Robert W. Baird reduced their price target on shares of Johnson Controls International from $36.00 to $34.00 and set a “neutral” rating for the company in a research report on Monday, May 4th. Cowen restated a “buy” rating and set a $36.00 price target on shares of Johnson Controls International in a research report on Friday. Credit Suisse Group reduced their price target on shares of Johnson Controls International from $32.00 to $31.00 and set an “outperform” rating for the company in a research report on Monday, May 4th. Finally, JPMorgan Chase & Co. upped their price target on shares of Johnson Controls International from $27.00 to $28.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 5th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and ten have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $34.50.

In other news, CEO George Oliver sold 22,620 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $34.17, for a total value of $772,925.40. Corporate insiders own 0.61% of the company’s stock.

About Johnson Controls International

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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