IFP Advisors Inc decreased its position in Johnson Controls International PLC (NYSE:JCI) by 49.6% during the second quarter, Holdings Channel reports. The fund owned 16,975 shares of the auto parts company’s stock after selling 16,731 shares during the period. IFP Advisors Inc’s holdings in Johnson Controls International PLC were worth $736,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. FNY Managed Accounts LLC purchased a new stake in shares of Johnson Controls International PLC during the first quarter worth about $100,000. Bessemer Group Inc. increased its stake in shares of Johnson Controls International PLC by 5.5% in the second quarter. Bessemer Group Inc. now owns 2,550 shares of the auto parts company’s stock worth $110,000 after buying an additional 133 shares during the last quarter. Grove Bank & Trust increased its stake in shares of Johnson Controls International PLC by 57.7% in the second quarter. Grove Bank & Trust now owns 2,693 shares of the auto parts company’s stock worth $117,000 after buying an additional 985 shares during the last quarter. First PREMIER Bank increased its stake in shares of Johnson Controls International PLC by 366.2% in the second quarter. First PREMIER Bank now owns 3,361 shares of the auto parts company’s stock worth $146,000 after buying an additional 2,640 shares during the last quarter. Finally, Bbva Compass Bancshares Inc. increased its stake in shares of Johnson Controls International PLC by 4.2% in the second quarter. Bbva Compass Bancshares Inc. now owns 3,714 shares of the auto parts company’s stock worth $161,000 after buying an additional 150 shares during the last quarter. Hedge funds and other institutional investors own 85.23% of the company’s stock.

Johnson Controls International PLC (NYSE JCI) opened at 38.89 on Friday. Johnson Controls International PLC has a 12-month low of $38.51 and a 12-month high of $49.83. The firm’s 50-day moving average is $42.07 and its 200 day moving average is $41.96. The company’s market cap is $36.26 billion.

Johnson Controls International PLC (NYSE:JCI) last issued its earnings results on Thursday, July 27th. The auto parts company reported $0.71 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.71. The business had revenue of $7.67 billion during the quarter, compared to analyst estimates 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%. Johnson Controls International PLC’s revenue for the quarter was up 48.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.07 earnings per share. On average, equities analysts expect that Johnson Controls International PLC will post $2.61 earnings per share for the current fiscal year.

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A number of brokerages have issued reports on JCI. BidaskClub downgraded shares of Johnson Controls International PLC from a “hold” rating to a “sell” rating in a research note on Tuesday, August 1st. Atlantic Securities downgraded shares of Johnson Controls International PLC from an “overweight” rating to a “neutral” rating in a research note on Friday, July 28th. TheStreet upgraded shares of Johnson Controls International PLC from a “c” rating to a “b” rating in a research note on Thursday, July 27th. Wolfe Research began coverage on shares of Johnson Controls International PLC in a research note on Tuesday, July 11th. They set a “market perform” rating on the stock. Finally, Morgan Stanley reduced their price objective on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating on the stock in a research note on Monday. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $50.43.

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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