Schonfeld Strategic Advisors LLC Has $39.07 Million Stock Position in Johnson Controls International plc (NYSE:JCI)

Schonfeld Strategic Advisors LLC lifted its position in shares of Johnson Controls International plc (NYSE:JCIFree Report) by 104.5% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 734,302 shares of the company’s stock after buying an additional 375,258 shares during the quarter. Schonfeld Strategic Advisors LLC owned about 0.11% of Johnson Controls International worth $39,072,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of JCI. Gotham Asset Management LLC grew its position in Johnson Controls International by 435.5% in the third quarter. Gotham Asset Management LLC now owns 52,669 shares of the company’s stock valued at $2,803,000 after acquiring an additional 42,834 shares during the last quarter. Teza Capital Management LLC grew its position in Johnson Controls International by 12.2% in the third quarter. Teza Capital Management LLC now owns 63,012 shares of the company’s stock valued at $3,353,000 after acquiring an additional 6,838 shares during the last quarter. Itau Unibanco Holding S.A. grew its position in Johnson Controls International by 198.6% in the third quarter. Itau Unibanco Holding S.A. now owns 1,651 shares of the company’s stock valued at $88,000 after acquiring an additional 1,098 shares during the last quarter. Bank of Nova Scotia grew its position in Johnson Controls International by 80.9% in the third quarter. Bank of Nova Scotia now owns 901,887 shares of the company’s stock valued at $47,989,000 after acquiring an additional 403,466 shares during the last quarter. Finally, Tower Research Capital LLC TRC grew its position in Johnson Controls International by 17.2% in the third quarter. Tower Research Capital LLC TRC now owns 40,692 shares of the company’s stock valued at $2,165,000 after acquiring an additional 5,960 shares during the last quarter. Institutional investors and hedge funds own 88.64% of the company’s stock.

Johnson Controls International Trading Down 0.1 %

JCI stock traded down $0.08 during trading on Thursday, hitting $59.43. The company had a trading volume of 1,128,222 shares, compared to its average volume of 5,998,144. The business has a 50-day moving average of $56.22 and a 200-day moving average of $54.83. Johnson Controls International plc has a one year low of $47.90 and a one year high of $70.43. The stock has a market cap of $40.50 billion, a PE ratio of 19.38, a PEG ratio of 1.48 and a beta of 1.22. The company has a current ratio of 0.97, a quick ratio of 0.73 and a debt-to-equity ratio of 0.45.

Johnson Controls International (NYSE:JCIGet Free Report) last announced its earnings results on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, meeting the consensus estimate of $0.51. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The business had revenue of $6.09 billion for the quarter, compared to analysts’ expectations of $6.94 billion. During the same period in the prior year, the business posted $0.67 earnings per share. The firm’s revenue was up .4% on a year-over-year basis. Research analysts predict that Johnson Controls International plc will post 3.62 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 12th. Shareholders of record on Monday, December 18th were paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 2.49%. The ex-dividend date of this dividend was Friday, December 15th. Johnson Controls International’s dividend payout ratio (DPR) is presently 48.21%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the company. TheStreet upgraded Johnson Controls International from a “c+” rating to a “b-” rating in a research report on Tuesday, December 26th. Melius Research restated a “hold” rating on shares of Johnson Controls International in a report on Tuesday, January 30th. Royal Bank of Canada reduced their price target on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a report on Wednesday, January 31st. Oppenheimer restated an “outperform” rating and set a $66.00 price target on shares of Johnson Controls International in a report on Wednesday, December 13th. Finally, StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $62.58.

Read Our Latest Stock Report on Johnson Controls International

Johnson Controls International Company Profile

(Free Report)

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.

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

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