State Street Corp increased its stake in shares of Johnson Controls International PLC (NYSE:JCI) by 7.0% during the fourth quarter, Holdings Channel reports. The firm owned 39,420,646 shares of the company’s stock after buying an additional 2,562,228 shares during the period. State Street Corp’s holdings in Johnson Controls International PLC were worth $1,623,742,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in JCI. First Quadrant L P CA bought a new stake in Johnson Controls International PLC during the third quarter valued at approximately $129,000. Evercore Wealth Management LLC boosted its stake in Johnson Controls International PLC by 52.5% in the second quarter. Evercore Wealth Management LLC now owns 3,075 shares of the company’s stock valued at $136,000 after buying an additional 1,059 shares during the period. Manchester Capital Management LLC boosted its stake in Johnson Controls International PLC by 164.4% in the third quarter. Manchester Capital Management LLC now owns 3,305 shares of the company’s stock valued at $154,000 after buying an additional 2,055 shares during the period. Duncker Streett & Co. Inc. boosted its stake in Johnson Controls International PLC by 16.3% in the third quarter. Duncker Streett & Co. Inc. now owns 3,374 shares of the company’s stock valued at $157,000 after buying an additional 474 shares during the period. Finally, Quadrant Capital Group LLC boosted its stake in Johnson Controls International PLC by 22.9% in the third quarter. Quadrant Capital Group LLC now owns 4,015 shares of the company’s stock valued at $179,000 after buying an additional 747 shares during the period. 82.75% of the stock is currently owned by institutional investors and hedge funds.

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

Johnson Controls International PLC (NYSE:JCI) opened at 41.68 on Friday. Johnson Controls International PLC has a 1-year low of $33.01 and a 1-year high of $48.97. The firm’s market capitalization is $39.12 billion. The stock’s 50 day moving average is $42.68 and its 200 day moving average is $43.92.

Johnson Controls International PLC (NYSE:JCI) last posted its quarterly earnings data on Wednesday, February 1st. The company reported $0.53 EPS for the quarter, beating the Zacks’ consensus estimate of $0.52 by $0.01. Johnson Controls International PLC had a negative net margin of 2.07% and a positive return on equity of 13.43%. The company had revenue of $7.09 billion for the quarter, compared to analyst estimates of $7.16 billion. During the same period in the prior year, the firm posted $0.82 EPS. The company’s quarterly revenue was up 51.1% on a year-over-year basis. Analysts predict that Johnson Controls International PLC will post $2.66 EPS for the current fiscal year.

“State Street Corp Buys 2,562,228 Shares of Johnson Controls International PLC (JCI)” was posted by Daily Political and is the property of of Daily Political. If you are reading this article on another domain, it was illegally stolen and republished in violation of US and international trademark & copyright law. The correct version of this article can be read at http://www.dailypolitical.com/2017/02/17/state-street-corp-buys-2562228-shares-of-johnson-controls-international-plc-jci.html.

JCI has been the topic of a number of recent research reports. Oppenheimer Holdings, Inc. set a $52.00 price objective on shares of Johnson Controls International PLC and gave the company a “buy” rating in a research note on Tuesday, January 10th. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating on shares of Johnson Controls International PLC in a research note on Monday, December 12th. Argus cut shares of Johnson Controls International PLC from a “buy” rating to a “hold” rating in a research note on Tuesday. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Johnson Controls International PLC in a research note on Thursday, December 15th. Finally, RBC Capital Markets reaffirmed a “sector perform” rating and issued a $46.00 price objective (down from $50.00) on shares of Johnson Controls International PLC in a research note on Tuesday, November 1st. Eight investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $51.12.

Johnson Controls International PLC Company 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.

5 Day Chart for NYSE:JCI

Want to see what other hedge funds are holding JCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Johnson Controls International PLC (NYSE:JCI).

Receive News & Ratings for Johnson Controls International PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Johnson Controls International PLC and related companies with MarketBeat.com's FREE daily email newsletter.