Johnson Controls, Inc. (NYSE:JCI) Quarterly Sales Review

Jay Anderson
June 20, 2017

The original version of this news story can be read at https://www.thestockobserver.com/2017/06/19/canada-pension-plan-investment-board-reduces-position-in-johnson-controls-international-plc-ordinary-share-jci-updated-updated.html. (JCI) stands at 28.97 while the industry's and the sector's growth for next 5 years ticked at 7.62 and 6.66 respectively. Prentiss Smith And invested in 125 shares. ValuEngine cut shares of Johnson Controls International PLC from a "buy" rating to a "hold" rating in a report on Friday, June 2nd. Atwood And Palmer Inc holds 0% of its portfolio in Johnson Controls International plc Ordinary Share (NYSE:JCI) for 208 shares. Cullinan Associate invested in 125,967 shares or 0.44% of the stock. The stock has been active on the tape, now trading at $41.86, down from yesterday's close by -0.19%. Altfest L J And, a New York-based fund reported 6,632 shares. Farmers Bank & Trust owns 0.09% invested in Johnson Controls International plc Ordinary Share (NYSE:JCI) for 3,721 shares. It is positive, as 28 investors sold Johnson Controls International plc Ordinary Share shares while 8 reduced holdings.

Edge Wealth Management Ltd Liability holds 0.01% or 426 shares in its portfolio. The Ohio-based Cleararc Capital has invested 0.44% in Johnson Controls International plc Ordinary Share (NYSE:JCI). Cibc World Mkts reported 0.28% in Johnson Controls International plc Ordinary Share (NYSE:JCI). Finally, Cowen and Company reaffirmed a "buy" rating and issued a $52.00 price target on shares of Johnson Controls International PLC in a report on Thursday, April 27th. (NYSE:JCI), 15 have Buy rating, 0 Sell and 7 Hold. Cutler Management Ltd Limited Liability Company reported 10,000 shares. Citigroup initiated Johnson Controls International plc Ordinary Share (NYSE:JCI) rating on Monday, November 28.

Other research analysts also recently issued reports about the stock.

Among 22 analysts covering Johnson Controls Inc. Ten equities research analysts have rated the stock with a hold rating, twelve have given a buy rating and one has issued a strong buy rating to the stock. Therefore 67% are positive. $50.83's average target is 19.49% above currents $42.54 stock price.

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Johnson Controls, Inc is a technology company. The firm earned "Buy" rating on Friday, October 2 by Normua. The stock has "Market Perform" rating by William Blair on Wednesday, December 2. Johnson Controls International PLC now has an average rating of Buy and an average target price of $50.93. The firm earned "Hold" rating on Tuesday, February 14 by Argus Research. RBC Capital Markets downgraded the shares of JCI in report on Tuesday, December 15 to "Sector Perform" rating. On Monday, October 24 the stock rating was initiated by Goldman Sachs with "Buy". The stock's market cap is $39.27 billion. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 1.23% with $932.87 Million sitting short, betting on future declines. Capital Guardian Trust Co. acquired a new position in shares of Johnson Controls International PLC during the fourth quarter worth $212,000. It has underperformed by 3.46% the S&P500.

Yet another important factor while evaluating a good buy/sell decision for Johnson Controls International plc (JCI) is its Earnings per Share or EPS. The Lower end of the earnings estimate is $0.48, while the higher end of the earnings estimate is $0.5. This translates into $664.65 million profit for JCI giving the stock a 14.77 P/E. After $0.50 actual earnings per share reported by Johnson Controls International plc Ordinary Share for the previous quarter, Wall Street now forecasts 44.00 % EPS growth.

Caisse DE Depot ET Placement DU Quebec increased its position in shares of Johnson Controls International PLC (NYSE:JCI) by 538.2% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

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