Johnson Controls Inc (JCI) : Ridgeworth Capital Management scooped up 251,178 additional shares in Johnson Controls Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 11, 2016. The investment management firm now holds a total of 3,958,409 shares of Johnson Controls Inc which is valued at $161.5 Million.Johnson Controls Inc makes up approximately 1.43% of Ridgeworth Capital Management’s portfolio.
Other Hedge Funds, Including , Twin Capital Management Inc reduced its stake in JCI by selling 120 shares or 0.63% in the most recent quarter. The Hedge Fund company now holds 19,010 shares of JCI which is valued at $775,798. Johnson Controls Inc makes up approx 0.06% of Twin Capital Management Inc’s portfolio. Gideon Capital Advisors added JCI to its portfolio by purchasing 8,059 company shares during the most recent quarter which is valued at $328,888. Johnson Controls Inc makes up approx 0.41% of Gideon Capital Advisors’s portfolio.Johnson Financial Group boosted its stake in JCI in the latest quarter, The investment management firm added 1,000 additional shares and now holds a total of 8,626 shares of Johnson Controls Inc which is valued at $352,027. Johnson Controls Inc makes up approx 0.07% of Johnson Financial Group’s portfolio. Parametrica Management Ltd added JCI to its portfolio by purchasing 10,300 company shares during the most recent quarter which is valued at $420,137. Johnson Controls Inc makes up approx 1.52% of Parametrica Management Ltd’s portfolio.Candriam Luxembourg S.c.a. boosted its stake in JCI in the latest quarter, The investment management firm added 113,352 additional shares and now holds a total of 148,718 shares of Johnson Controls Inc which is valued at $6.2 Million. Johnson Controls Inc makes up approx 0.15% of Candriam Luxembourg S.c.a.’s portfolio.
Johnson Controls Inc opened for trading at $40.9 and hit $42.65 on the upside on Monday, eventually ending the session at $42.59, with a gain of 4.36% or 1.78 points. The heightened volatility saw the trading volume jump to 58,34,708 shares. Company has a market cap of $27,614 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. Morgan Stanley Resumed Johnson Controls Inc on Apr 13, 2016 to “Overweight”, Price Target of the shares are set at $47.
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.