Retirement Systems of Alabama decreased its position in Johnson Controls International PLC (NYSE:JCI) by 0.5% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 452,357 shares of the auto parts company’s stock after selling 2,489 shares during the period. Retirement Systems of Alabama’s holdings in Johnson Controls International PLC were worth $18,225,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. boosted its stake in Johnson Controls International PLC by 2.3% in the 2nd quarter. Vanguard Group Inc. now owns 63,619,905 shares of the auto parts company’s stock worth $2,758,559,000 after purchasing an additional 1,457,941 shares during the period. Dodge & Cox boosted its stake in Johnson Controls International PLC by 83.5% in the 2nd quarter. Dodge & Cox now owns 57,851,274 shares of the auto parts company’s stock worth $2,508,431,000 after purchasing an additional 26,319,624 shares during the period. Capital World Investors boosted its stake in Johnson Controls International PLC by 4.7% in the 2nd quarter. Capital World Investors now owns 42,405,917 shares of the auto parts company’s stock worth $1,838,721,000 after purchasing an additional 1,917,892 shares during the period. American Century Companies Inc. lifted its position in Johnson Controls International PLC by 8.6% in the 3rd quarter. American Century Companies Inc. now owns 14,430,474 shares of the auto parts company’s stock worth $581,404,000 after buying an additional 1,141,974 shares in the last quarter. Finally, Lazard Asset Management LLC lifted its position in Johnson Controls International PLC by 0.9% in the 2nd quarter. Lazard Asset Management LLC now owns 11,337,622 shares of the auto parts company’s stock worth $491,599,000 after buying an additional 105,806 shares in the last quarter. 85.98% of the stock is owned by hedge funds and other institutional investors.

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

ILLEGAL ACTIVITY WARNING: “Johnson Controls International PLC (JCI) Position Reduced by Retirement Systems of Alabama” was published by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another domain, it was illegally stolen and republished in violation of US and international copyright & trademark law. The original version of this story can be accessed at https://www.dailypolitical.com/2017/11/15/johnson-controls-international-plc-jci-position-reduced-by-retirement-systems-of-alabama.html.

Shares of Johnson Controls International PLC (NYSE JCI) traded down $0.11 on Wednesday, reaching $35.89. 12,358,400 shares of the company traded hands, compared to its average volume of 5,122,389. The company has a market cap of $33,408.00, a P/E ratio of 13.79, a PEG ratio of 0.97 and a beta of 0.94. Johnson Controls International PLC has a 12-month low of $35.62 and a 12-month high of $46.17. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.56.

Johnson Controls International PLC (NYSE:JCI) last announced its earnings results on Thursday, November 9th. The auto parts company reported $0.87 EPS for the quarter, hitting the consensus estimate of $0.87. The firm had revenue of $8.14 billion for the quarter, compared to the consensus estimate of $8.10 billion. Johnson Controls International PLC had a net margin of 6.32% and a return on equity of 11.91%. The business’s quarterly revenue was up 30.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.21 EPS. equities research analysts forecast that Johnson Controls International PLC will post 2.8 EPS for the current year.

JCI has been the subject of a number of research analyst reports. Morgan Stanley cut their target price on shares of Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating for the company in a research report on Monday, August 7th. BidaskClub downgraded shares of Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a research report on Friday, August 18th. Zacks Investment Research upgraded shares of Johnson Controls International PLC from a “sell” rating to a “hold” rating in a research report on Monday, September 11th. UBS AG downgraded shares of Johnson Controls International PLC from a “positive” rating to a “neutral” rating in a research report on Wednesday. Finally, Oppenheimer Holdings, Inc. reiterated a “buy” rating and issued a $50.00 target price (down previously from $52.00) on shares of Johnson Controls International PLC in a research report on Tuesday, October 31st. Two analysts have rated the stock with a sell rating, twelve have assigned a hold rating and ten have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average target price of $47.79.

Johnson Controls International PLC 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.

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).

Institutional Ownership by Quarter 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.