Investors bought shares of Johnson Controls Inc. (NYSE:JCI) on weakness during trading hours on Tuesday. $58.75 million flowed into the stock on the tick-up and $30.38 million flowed out of the stock on the tick-down, for a money net flow of $28.37 million into the stock. Of all companies tracked, Johnson Controls had the 10th highest net in-flow for the day. Johnson Controls traded down ($0.40) for the day and closed at $44.93

A number of equities analysts have issued reports on the company. Zacks Investment Research cut Johnson Controls from a “buy” rating to a “hold” rating in a report on Monday, May 2nd. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Johnson Controls in a research report on Saturday, July 9th. Oppenheimer Holdings Inc. reissued a “buy” rating on shares of Johnson Controls in a research report on Saturday, April 23rd. Vetr lowered Johnson Controls from a “buy” rating to a “hold” rating and set a $44.50 price target for the company. in a research report on Monday, May 23rd. Finally, Royal Bank Of Canada reissued a “hold” rating on shares of Johnson Controls in a research report on Tuesday, May 10th. Six investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $48.47.

The company’s 50 day moving average price is $44.43 and its 200-day moving average price is $40.74. The stock has a market capitalization of $28.65 billion and a P/E ratio of 44.62.

Johnson Controls (NYSE:JCI) last released its quarterly earnings data on Thursday, July 21st. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.03 by $0.04. The firm had revenue of $9.50 billion for the quarter, compared to analysts’ expectations of $9.62 billion. During the same quarter in the previous year, the business earned $0.91 earnings per share. The company’s revenue for the quarter was down 1.0% compared to the same quarter last year. On average, equities analysts forecast that Johnson Controls Inc. will post $3.96 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, August 19th. Shareholders of record on Friday, August 5th will be given a dividend of $0.29 per share. The ex-dividend date of this dividend is Wednesday, August 3rd. This represents a $1.16 annualized dividend and a yield of 2.58%.

Other hedge funds recently made changes to their positions in the company. Advantus Capital Management Inc boosted its stake in shares of Johnson Controls by 1.1% in the fourth quarter. Advantus Capital Management Inc now owns 61,930 shares of the company’s stock valued at $2,446,000 after buying an additional 665 shares during the period. American International Group Inc. boosted its stake in shares of Johnson Controls by 0.4% in the fourth quarter. American International Group Inc. now owns 306,115 shares of the company’s stock valued at $12,088,000 after buying an additional 1,098 shares during the period. Andra AP fonden boosted its stake in shares of Johnson Controls by 10.4% in the fourth quarter. Andra AP fonden now owns 89,500 shares of the company’s stock valued at $3,534,000 after buying an additional 8,400 shares during the period. Principal Financial Group Inc. boosted its stake in shares of Johnson Controls by 1.1% in the fourth quarter. Principal Financial Group Inc. now owns 851,260 shares of the company’s stock valued at $33,616,000 after buying an additional 8,968 shares during the period. Finally, Trexquant Investment LP boosted its stake in shares of Johnson Controls by 60.3% in the fourth quarter. Trexquant Investment LP now owns 43,600 shares of the company’s stock valued at $1,722,000 after buying an additional 16,400 shares during the period.

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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