Johnson Controls Inc (JCI) : Amerigo Asset Management added new position in Johnson Controls Inc during the most recent quarter end. The investment management firm now holds 752,307 shares of Johnson Controls Inc which is valued at $33,191,785 , the company said in a statement filed on Jul 15, 2016 with the SEC.Johnson Controls Inc makes up approximately 3.56% of Amerigo Asset Management’s portfolio.
Other Hedge Funds, Including , Livforsakringsbolaget Skandia Omsesidigt boosted its stake in JCI in the latest quarter, The investment management firm added 15,100 additional shares and now holds a total of 76,553 shares of Johnson Controls Inc which is valued at $3,377,518. Johnson Controls Inc makes up approx 0.14% of Livforsakringsbolaget Skandia Omsesidigt’s portfolio.Gateway Investment Advisers reduced its stake in JCI by selling 486 shares or 0.92% in the most recent quarter. The Hedge Fund company now holds 52,343 shares of JCI which is valued at $2,313,561. Johnson Controls Inc makes up approx 0.02% of Gateway Investment Advisers’s portfolio.Banced Corp reduced its stake in JCI by selling 5,351 shares or 32.99% in the most recent quarter. The Hedge Fund company now holds 10,869 shares of JCI which is valued at $480,410. Johnson Controls Inc makes up approx 0.84% of Banced Corp’s portfolio.Chevy Chase Trust Holdings boosted its stake in JCI in the latest quarter, The investment management firm added 4,206 additional shares and now holds a total of 592,797 shares of Johnson Controls Inc which is valued at $25,988,220. Johnson Controls Inc makes up approx 0.14% of Chevy Chase Trust Holdings’s portfolio.
Johnson Controls Inc opened for trading at $44.11 and hit $44.21 on the upside on Monday, eventually ending the session at $44.12, with a gain of 0.32% or 0.14 points. The heightened volatility saw the trading volume jump to 27,37,167 shares. Company has a market cap of $28,606 M.
On the company’s financial health, Johnson Controls Inc reported $0.86 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Apr 21, 2016. Analyst had a consensus of $0.82. The company had revenue of $9031.00 million for the quarter, compared to analysts expectations of $9003.92 million. The company’s revenue was down -1.8 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.73 EPS.
Many Wall Street Analysts have commented on Johnson Controls Inc. Johnson Controls Inc was Upgraded by Credit Suisse to ” Outperform” on May 24, 2016.
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. The Building Efficiency segment offers designing producing marketing and installing integrated heating ventilating and air conditioning (HVAC) systems building management systems controls security and mechanical equipment. The Power Solutions segment offers lead-acid automotive batteries for passenger cars light trucks and utility vehicles. The Company serves both automotive original equipment manufacturers (OEMs) and the general vehicle battery aftermarket. The Company also supplies advanced battery technologies to power start-stop hybrid and electric vehicles.