Toronto Dominion Bank Has $14.26 Million Position in Johnson Controls International PLC (JCI)

Toronto Dominion Bank boosted its position in shares of Johnson Controls International PLC (NYSE:JCI) by 11.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 353,920 shares of the auto parts company’s stock after purchasing an additional 36,117 shares during the quarter. Toronto Dominion Bank’s holdings in Johnson Controls International PLC were worth $14,258,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JCI. Dodge & Cox grew its holdings in Johnson Controls International PLC by 83.5% during the second quarter. Dodge & Cox now owns 57,851,274 shares of the auto parts company’s stock valued at $2,508,431,000 after purchasing an additional 26,319,624 shares during the period. The Manufacturers Life Insurance Company grew its holdings in Johnson Controls International PLC by 144.1% during the second quarter. The Manufacturers Life Insurance Company now owns 4,877,880 shares of the auto parts company’s stock valued at $211,505,000 after purchasing an additional 2,879,948 shares during the period. Capital World Investors grew its holdings in Johnson Controls International PLC by 4.7% during the second quarter. Capital World Investors now owns 42,405,917 shares of the auto parts company’s stock valued at $1,838,721,000 after purchasing an additional 1,917,892 shares during the period. Strs Ohio acquired a new position in Johnson Controls International PLC during the second quarter valued at approximately $77,094,000. Finally, Bain Capital Public Equity Management LLC acquired a new position in Johnson Controls International PLC during the second quarter valued at approximately $76,382,000. Hedge funds and other institutional investors own 85.98% of the company’s stock.

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Johnson Controls International PLC (NYSE:JCI) traded down $0.93 during midday trading on Tuesday, reaching $36.00. 11,405,100 shares of the company’s stock traded hands, compared to its average volume of 5,089,346. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.04 and a quick ratio of 0.77. Johnson Controls International PLC has a 1 year low of $35.85 and a 1 year high of $46.17. The company has a market capitalization of $34,271.04, a price-to-earnings ratio of 14.15, a P/E/G ratio of 0.98 and a beta of 0.94.

Johnson Controls International PLC (NYSE:JCI) last posted its quarterly earnings results on Thursday, November 9th. The auto parts company reported $0.87 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.87. Johnson Controls International PLC had a net margin of 6.32% and a return on equity of 11.91%. The firm had revenue of $8.14 billion for the quarter, compared to analyst estimates of $8.10 billion. During the same period in the prior year, the firm posted $1.21 earnings per share. The company’s quarterly revenue was up 30.1% compared to the same quarter last year. sell-side analysts expect that Johnson Controls International PLC will post 2.84 EPS for the current fiscal year.

Several research firms have recently weighed in on JCI. TheStreet upgraded shares of Johnson Controls International PLC from a “c” rating to a “b” rating in a report on Thursday, July 27th. Robert W. Baird reiterated a “buy” rating and issued a $50.00 price target on shares of Johnson Controls International PLC in a report on Monday, August 28th. Gabelli upgraded shares of Johnson Controls International PLC from a “hold” rating to a “buy” rating and set a $51.00 price target for the company in a report on Friday, July 28th. Cowen and Company reiterated a “buy” rating and issued a $48.00 price target on shares of Johnson Controls International PLC in a report on Wednesday, September 27th. Finally, Citigroup Inc. reiterated a “buy” rating and issued a $50.00 price target (up previously from $47.00) on shares of Johnson Controls International PLC in a report on Monday, October 9th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and eleven have given a buy rating to the company. Johnson Controls International PLC presently has a consensus rating of “Hold” and a consensus price target of $47.79.

In other Johnson Controls International PLC news, VP Jeffrey M. Williams sold 1,955 shares of the company’s stock in a transaction on Wednesday, October 11th. The shares were sold at an average price of $41.43, for a total transaction of $80,995.65. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 1.50% of the company’s stock.

About Johnson Controls International PLC

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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