Royal Fund Management LLC Acquires Shares of 2,377 Johnson Controls International PLC (NYSE:JCI)

Royal Fund Management LLC acquired a new stake in Johnson Controls International PLC (NYSE:JCI) during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 2,377 shares of the company’s stock, valued at approximately $64,000.

Several other large investors have also recently made changes to their positions in the business. Balasa Dinverno & Foltz LLC acquired a new position in shares of Johnson Controls International in the 4th quarter valued at $203,000. Rothschild Investment Corp IL acquired a new position in shares of Johnson Controls International in the 4th quarter valued at $774,000. FinTrust Capital Advisors LLC boosted its holdings in shares of Johnson Controls International by 37.6% in the 4th quarter. FinTrust Capital Advisors LLC now owns 2,747 shares of the company’s stock valued at $112,000 after buying an additional 750 shares in the last quarter. Peddock Capital Advisors LLC acquired a new position in shares of Johnson Controls International in the 4th quarter valued at $41,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd boosted its holdings in shares of Johnson Controls International by 9.7% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 53,976 shares of the company’s stock valued at $2,197,000 after buying an additional 4,754 shares in the last quarter. 92.29% of the stock is currently owned by institutional investors.

Shares of Johnson Controls International stock opened at $29.53 on Friday. The company has a market cap of $21.88 billion, a P/E ratio of 4.88, a PEG ratio of 1.91 and a beta of 1.05. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.83 and a current ratio of 1.05. Johnson Controls International PLC has a one year low of $22.77 and a one year high of $44.82. The firm has a fifty day moving average of $28.55 and a two-hundred day moving average of $36.66.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Friday, May 1st. The company reported $0.42 EPS for the quarter, topping the Zacks’ consensus estimate of $0.37 by $0.05. The company had revenue of $5.44 billion during the quarter, compared to the consensus estimate of $5.48 billion. Johnson Controls International had a net margin of 21.80% and a return on equity of 8.81%. Johnson Controls International’s quarterly revenue was down 5.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.32 EPS. As a group, equities analysts predict that Johnson Controls International PLC will post 1.92 earnings per share for the current year.

A number of brokerages recently weighed in on JCI. Deutsche Bank decreased 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 note on Thursday, April 9th. Goldman Sachs Group began coverage on shares of Johnson Controls International in a research note on Thursday, April 2nd. They set a “buy” rating and a $34.00 price target for the company. Morgan Stanley increased their price target on shares of Johnson Controls International from $29.00 to $31.00 and gave the stock an “equal weight” rating in a research note on Wednesday, April 15th. TheStreet cut shares of Johnson Controls International from a “b” rating to a “c+” rating in a research note on Friday, January 31st. Finally, Credit Suisse Group decreased 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 note on Monday, May 4th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $33.38.

In other news, CEO George Oliver sold 23,905 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $25.61, for a total value of $612,207.05. Following the completion of the transaction, the chief executive officer now owns 1,017,775 shares in the company, valued at approximately $26,065,217.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.61% of the company’s stock.

Johnson Controls International Company Profile

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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