Fulcrum Capital LLC Sells 18,952 Shares of Johnson Controls International PLC (JCI)

Fulcrum Capital LLC trimmed its position in shares of Johnson Controls International PLC (NYSE:JCI) by 20.4% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 74,151 shares of the auto parts company’s stock after selling 18,952 shares during the period. Fulcrum Capital LLC’s holdings in Johnson Controls International were worth $2,613,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Massachusetts Financial Services Co. MA boosted its holdings in Johnson Controls International by 0.5% in the first quarter. Massachusetts Financial Services Co. MA now owns 43,935,355 shares of the auto parts company’s stock valued at $1,548,281,000 after purchasing an additional 220,701 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Johnson Controls International by 2.0% in the fourth quarter. Geode Capital Management LLC now owns 9,083,841 shares of the auto parts company’s stock valued at $345,403,000 after purchasing an additional 181,798 shares in the last quarter. Lyrical Asset Management LP boosted its holdings in Johnson Controls International by 3.6% in the fourth quarter. Lyrical Asset Management LP now owns 5,759,767 shares of the auto parts company’s stock valued at $219,505,000 after purchasing an additional 199,455 shares in the last quarter. UBS Asset Management Americas Inc. boosted its holdings in Johnson Controls International by 13.2% in the fourth quarter. UBS Asset Management Americas Inc. now owns 4,882,033 shares of the auto parts company’s stock valued at $186,054,000 after purchasing an additional 569,204 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. boosted its holdings in Johnson Controls International by 1.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 3,261,618 shares of the auto parts company’s stock valued at $114,940,000 after purchasing an additional 32,350 shares in the last quarter. Hedge funds and other institutional investors own 90.98% of the company’s stock.

JCI stock opened at $36.51 on Friday. The company has a market capitalization of $33.73 billion, a PE ratio of 14.04, a PEG ratio of 1.18 and a beta of 0.87. Johnson Controls International PLC has a twelve month low of $36.13 and a twelve month high of $36.62. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.12 and a quick ratio of 0.79.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Tuesday, May 1st. The auto parts company reported $0.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.52 by $0.01. The business had revenue of $7.48 billion during the quarter, compared to the consensus estimate of $7.43 billion. Johnson Controls International had a return on equity of 11.60% and a net margin of 6.83%. The company’s revenue was up 3.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.50 earnings per share. sell-side analysts predict that Johnson Controls International PLC will post 2.81 EPS for the current year.

In other news, insider Rodney M. Rushing sold 14,199 shares of the stock in a transaction that occurred on Wednesday, February 21st. The stock was sold at an average price of $37.88, for a total value of $537,858.12. Following the completion of the sale, the insider now directly owns 39,847 shares of the company’s stock, valued at $1,509,404.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Rodney M. Rushing sold 8,148 shares of the stock in a transaction that occurred on Monday, May 14th. The shares were sold at an average price of $36.55, for a total value of $297,809.40. Following the completion of the sale, the insider now directly owns 31,999 shares of the company’s stock, valued at $1,169,563.45. The disclosure for this sale can be found here. 0.43% of the stock is currently owned by corporate insiders.

A number of equities analysts recently issued reports on JCI shares. Oppenheimer reaffirmed a “buy” rating and issued a $45.00 price target on shares of Johnson Controls International in a report on Thursday, February 1st. UBS started coverage on Johnson Controls International in a report on Monday, January 22nd. They issued a “buy” rating for the company. Zacks Investment Research raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a report on Wednesday, April 4th. Barclays started coverage on Johnson Controls International in a report on Thursday, February 15th. They issued an “equal weight” rating and a $41.00 price target for the company. Finally, Cowen reaffirmed a “hold” rating and issued a $42.00 price target on shares of Johnson Controls International in a report on Wednesday, February 7th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $44.42.

Johnson Controls International Profile

Johnson Controls International plc operates as a diversified technology and multi industrial company worldwide. The company operates through Building Technologies & Solutions and Power Solutions segments. It designs, sells, controls, installs heating, ventilating, and air conditioning systems. The company also provides residential air conditioning and heating systems, and industrial refrigeration products, as well as technical and energy management consulting services.

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

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