Monetary Management Group Inc. reduced its stake in Johnson Controls International PLC (NYSE:JCI) by 16.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,665 shares of the auto parts company’s stock after selling 1,894 shares during the period. Monetary Management Group Inc.’s holdings in Johnson Controls International PLC were worth $419,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in JCI. FNY Managed Accounts LLC purchased a new position in Johnson Controls International PLC in the first quarter valued at approximately $100,000. Bessemer Group Inc. increased its stake in 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 valued at $110,000 after purchasing an additional 133 shares during the last quarter. Harfst & Associates Inc. increased its stake in Johnson Controls International PLC by 16.9% in the second quarter. Harfst & Associates Inc. now owns 2,691 shares of the auto parts company’s stock valued at $116,000 after purchasing an additional 389 shares during the last quarter. Grove Bank & Trust increased its stake in 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 valued at $117,000 after purchasing an additional 985 shares during the last quarter. Finally, First PREMIER Bank increased its stake in 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 valued at $146,000 after purchasing an additional 2,640 shares during the last quarter. Institutional investors own 86.09% of the company’s stock.

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Shares of Johnson Controls International PLC (NYSE:JCI) traded down 0.22% on Friday, hitting $41.11. The stock had a trading volume of 474,346 shares. The company’s 50-day moving average price is $39.53 and its 200 day moving average price is $41.19. The firm’s market cap is $38.33 billion. Johnson Controls International PLC has a 12-month low of $36.74 and a 12-month high of $46.17.

Johnson Controls International PLC (NYSE:JCI) last announced its quarterly earnings data on Thursday, July 27th. The auto parts company reported $0.71 earnings per share for the quarter, meeting 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%. The company’s revenue was up 48.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.07 earnings per share. On average, equities research analysts forecast that Johnson Controls International PLC will post $2.61 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 13th. Stockholders of record on Monday, September 25th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Friday, September 22nd. This represents a $1.00 annualized dividend and a dividend yield of 2.43%. Johnson Controls International PLC’s dividend payout ratio (DPR) is -196.08%.

Several equities analysts have commented on JCI shares. Wolfe Research started coverage on shares of Johnson Controls International PLC in a research note on Tuesday, July 11th. They issued a “market perform” rating on the stock. Morgan Stanley decreased their price objective on Johnson Controls International PLC from $51.00 to $46.00 and set an “overweight” rating for the company in a report on Monday, August 7th. BidaskClub downgraded Johnson Controls International PLC from a “sell” rating to a “strong sell” rating in a report on Friday, August 18th. Zacks Investment Research raised Johnson Controls International PLC from a “sell” rating to a “hold” rating in a report on Monday, September 11th. Finally, JMP Securities started coverage on Johnson Controls International PLC in a report on Monday, June 19th. They issued an “outperform” rating and a $54.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and eleven have issued a buy rating to the company. The company has an average rating of “Hold” and an average target price of $49.00.

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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