Nationwide Fund Advisors Sells 27,272 Shares of Johnson Controls International PLC (JCI)

Nationwide Fund Advisors decreased its position in shares of Johnson Controls International PLC (NYSE:JCI) by 4.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 576,152 shares of the auto parts company’s stock after selling 27,272 shares during the quarter. Nationwide Fund Advisors owned approximately 0.06% of Johnson Controls International PLC worth $24,982,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Lazard Asset Management LLC grew its position in shares of Johnson Controls International PLC by 20.1% during the 1st quarter. Lazard Asset Management LLC now owns 11,231,816 shares of the auto parts company’s stock worth $473,083,000 after buying an additional 1,883,034 shares in the last quarter. OppenheimerFunds Inc. boosted its position in Johnson Controls International PLC by 31.3% during the first quarter. OppenheimerFunds Inc. now owns 11,209,265 shares of the auto parts company’s stock valued at $472,135,000 after purchasing an additional 2,670,778 shares in the last quarter. Ameriprise Financial Inc. boosted its position in Johnson Controls International PLC by 19.7% during the second quarter. Ameriprise Financial Inc. now owns 10,564,756 shares of the auto parts company’s stock valued at $458,142,000 after purchasing an additional 1,736,815 shares in the last quarter. Geode Capital Management LLC boosted its position in Johnson Controls International PLC by 9.3% during the first quarter. Geode Capital Management LLC now owns 9,137,888 shares of the auto parts company’s stock valued at $384,341,000 after purchasing an additional 780,842 shares in the last quarter. Finally, Legal & General Group Plc boosted its position in Johnson Controls International PLC by 1.4% during the second quarter. Legal & General Group Plc now owns 4,344,907 shares of the auto parts company’s stock valued at $188,393,000 after purchasing an additional 58,599 shares in the last quarter. 86.17% of the stock is currently owned by institutional investors and hedge funds.

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Shares of Johnson Controls International PLC (JCI) opened at 39.81 on Friday. The company’s 50-day moving average price is $39.03 and its 200 day moving average price is $41.33. Johnson Controls International PLC has a 12-month low of $36.74 and a 12-month high of $46.86. The firm’s market capitalization is $37.12 billion.

Johnson Controls International PLC (NYSE:JCI) last posted its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.71. The firm had revenue of $7.67 billion during the quarter, compared to the consensus estimate of $7.72 billion. Johnson Controls International PLC had a positive return on equity of 11.74% and a negative net margin of 0.43%. The firm’s revenue was up 48.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.07 EPS. On average, equities research analysts forecast that Johnson Controls International PLC will post $2.61 EPS for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Shareholders of record on Monday, September 25th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 2.51%. The ex-dividend date is Friday, September 22nd. Johnson Controls International PLC’s dividend payout ratio is presently -196.08%.

JCI has been the topic of a number of recent research reports. Wolfe Research initiated coverage on Johnson Controls International PLC in a research report on Tuesday, July 11th. They set a “market perform” rating on the stock. Morgan Stanley dropped their price objective on Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a research report on Monday, August 7th. ValuEngine downgraded Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. BidaskClub cut Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a research note on Friday, August 18th. Finally, Zacks Investment Research upgraded Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research note on Monday, September 11th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and twelve have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of $49.13.

Johnson Controls International PLC Profile

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.

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

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