Oregon Public Employees Retirement Fund Sells 13,218 Shares of Johnson Controls International plc (NYSE:JCI)

Oregon Public Employees Retirement Fund cut its stake in shares of Johnson Controls International plc (NYSE:JCIGet Rating) by 4.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 275,828 shares of the company’s stock after selling 13,218 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Johnson Controls International were worth $18,086,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently made changes to their positions in the business. BlackRock Inc. lifted its position in Johnson Controls International by 2.2% during the fourth quarter. BlackRock Inc. now owns 58,601,139 shares of the company’s stock valued at $4,764,859,000 after purchasing an additional 1,257,916 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its position in Johnson Controls International by 2.1% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 35,951,292 shares of the company’s stock valued at $2,923,200,000 after purchasing an additional 746,773 shares during the last quarter. State Street Corp lifted its holdings in shares of Johnson Controls International by 1.7% in the 4th quarter. State Street Corp now owns 32,428,082 shares of the company’s stock worth $2,647,626,000 after acquiring an additional 543,571 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Johnson Controls International by 1.2% in the 4th quarter. Geode Capital Management LLC now owns 11,675,879 shares of the company’s stock worth $946,628,000 after acquiring an additional 143,982 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $552,369,000. Institutional investors and hedge funds own 88.54% of the company’s stock.

A number of equities research analysts have recently weighed in on JCI shares. Cowen lowered their price objective on shares of Johnson Controls International from $86.00 to $70.00 in a report on Thursday, May 5th. Mizuho lowered their price objective on shares of Johnson Controls International from $88.00 to $68.00 in a report on Thursday, May 5th. William Blair restated a “market perform” rating on shares of Johnson Controls International in a report on Thursday, May 5th. Oppenheimer lowered their price objective on shares of Johnson Controls International from $85.00 to $70.00 in a report on Thursday, May 5th. Finally, Cowen decreased their target price on shares of Johnson Controls International from $86.00 to $70.00 in a research note on Thursday, May 5th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Johnson Controls International currently has an average rating of “Moderate Buy” and a consensus price target of $70.60.

Johnson Controls International stock traded up $0.60 during mid-day trading on Friday, reaching $48.48. 7,547,990 shares of the company traded hands, compared to its average volume of 4,647,501. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.00 and a quick ratio of 0.78. The firm’s 50 day moving average price is $52.81 and its 200 day moving average price is $63.65. The firm has a market capitalization of $33.73 billion, a price-to-earnings ratio of 27.86, a P/E/G ratio of 1.09 and a beta of 1.15. Johnson Controls International plc has a 52-week low of $46.33 and a 52-week high of $81.77.

Johnson Controls International (NYSE:JCIGet Rating) last issued its quarterly earnings data on Wednesday, May 4th. The company reported $0.63 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.63. The business had revenue of $6.10 billion for the quarter, compared to the consensus estimate of $6.16 billion. Johnson Controls International had a net margin of 5.00% and a return on equity of 11.10%. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.52 EPS. On average, sell-side analysts anticipate that Johnson Controls International plc will post 2.99 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 15th. Stockholders of record on Tuesday, June 21st will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.89%. The ex-dividend date of this dividend is Friday, June 17th. Johnson Controls International’s dividend payout ratio is presently 80.46%.

Johnson Controls International Profile (Get Rating)

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.

Featured Articles

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:JCIGet Rating).

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

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