West Family Investments Inc. Increases Stock Holdings in Johnson Controls International plc $JCI

West Family Investments Inc. boosted its position in shares of Johnson Controls International plc (NYSE:JCI) by 255.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,791 shares of the company’s stock after acquiring an additional 4,161 shares during the period. West Family Investments Inc.’s holdings in Johnson Controls International were worth $846,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC bought a new position in shares of Johnson Controls International in the fourth quarter worth $222,000. Acadian Asset Management LLC purchased a new stake in shares of Johnson Controls International in the 1st quarter valued at about $55,000. Sivia Capital Partners LLC boosted its position in shares of Johnson Controls International by 83.3% during the 2nd quarter. Sivia Capital Partners LLC now owns 7,049 shares of the company’s stock valued at $745,000 after acquiring an additional 3,203 shares during the last quarter. Jump Financial LLC grew its holdings in shares of Johnson Controls International by 3.5% during the second quarter. Jump Financial LLC now owns 12,578 shares of the company’s stock worth $1,328,000 after purchasing an additional 425 shares in the last quarter. Finally, Federated Hermes Inc. increased its position in shares of Johnson Controls International by 120.7% in the second quarter. Federated Hermes Inc. now owns 12,359 shares of the company’s stock worth $1,305,000 after purchasing an additional 6,760 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have commented on JCI shares. Zacks Research cut shares of Johnson Controls International from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 6th. Royal Bank Of Canada lifted their price objective on shares of Johnson Controls International from $154.00 to $161.00 and gave the stock a “sector perform” rating in a report on Thursday, July 30th. Citigroup upped their target price on shares of Johnson Controls International from $155.00 to $157.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. UBS Group restated a “buy” rating on shares of Johnson Controls International in a research report on Thursday, July 30th. Finally, Oppenheimer reaffirmed a “market perform” rating on shares of Johnson Controls International in a research note on Tuesday, June 2nd. Twelve research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $155.75.

Insider Buying and Selling at Johnson Controls International

In other news, VP Lei Schlitz sold 23,417 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $153.07, for a total value of $3,584,440.19. Following the transaction, the vice president owned 15,017 shares in the company, valued at approximately $2,298,652.19. This trade represents a 60.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.29% of the company’s stock.

Johnson Controls International Trading Up 0.9%

Shares of NYSE:JCI traded up $1.29 on Tuesday, reaching $146.23. 2,804,337 shares of the company traded hands, compared to its average volume of 4,239,606. The stock has a market capitalization of $88.58 billion, a P/E ratio of 25.43, a price-to-earnings-growth ratio of 1.39 and a beta of 1.29. The business’s 50-day simple moving average is $144.77 and its 200 day simple moving average is $141.37. The company has a current ratio of 1.00, a quick ratio of 0.83 and a debt-to-equity ratio of 0.61. Johnson Controls International plc has a 52 week low of $104.49 and a 52 week high of $157.06.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Thursday, July 30th. The company reported $1.42 earnings per share for the quarter, beating the consensus estimate of $1.30 by $0.12. Johnson Controls International had a return on equity of 22.11% and a net margin of 14.32%.The company had revenue of $6.61 billion during the quarter, compared to analysts’ expectations of $6.46 billion. During the same period in the prior year, the business posted $1.05 EPS. Johnson Controls International’s quarterly revenue was up 9.3% compared to the same quarter last year. As a group, equities analysts anticipate that Johnson Controls International plc will post 5.08 EPS for the current fiscal year.

Johnson Controls International Company Profile

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.