Johnson Controls Inc (JCI) : Gardiner Nancy B reduced its stake in Johnson Controls Inc by 17.95% during the most recent quarter end. The investment management company now holds a total of 6,170 shares of Johnson Controls Inc which is valued at $276,108 after selling 1,350 shares in Johnson Controls Inc , the firm said in a disclosure report filed with the SEC on Aug 8, 2016.Johnson Controls Inc makes up approximately 0.87% of Gardiner Nancy B’s portfolio.
Other Hedge Funds, Including , Bailard added JCI to its portfolio by purchasing 5,755 company shares during the most recent quarter which is valued at $257,536. Johnson Controls Inc makes up approx 0.03% of Bailard’s portfolio. River Wealth Advisors added JCI to its portfolio by purchasing 4,637 company shares during the most recent quarter which is valued at $211,076. Johnson Controls Inc makes up approx 0.12% of River Wealth Advisors’s portfolio. Ecofin Ltd added JCI to its portfolio by purchasing 101,667 company shares during the most recent quarter which is valued at $4,627,882. Johnson Controls Inc makes up approx 0.90% of Ecofin Ltd’s portfolio.Letko Brosseau Associates Inc reduced its stake in JCI by selling 23,175 shares or 1.27% in the most recent quarter. The Hedge Fund company now holds 1,802,000 shares of JCI which is valued at $82,027,040. Johnson Controls Inc makes up approx 0.75% of Letko Brosseau Associates Inc’s portfolio.Nippon Life Insurance Co reduced its stake in JCI by selling 1,415 shares or 3.66% in the most recent quarter. The Hedge Fund company now holds 37,243 shares of JCI which is valued at $1,680,404. Johnson Controls Inc makes up approx 0.04% of Nippon Life Insurance Co’s portfolio.
Johnson Controls Inc opened for trading at $44.08 and hit $44.43 on the upside on Monday, eventually ending the session at $44.32, with a gain of 0.50% or 0.22 points. The heightened volatility saw the trading volume jump to 35,75,027 shares. Company has a market cap of $28,265 M.
On the company’s financial health, Johnson Controls Inc reported $1.07 EPS for the quarter, beating the analyst consensus estimate by $ 0.04 according to the earnings call on Jul 21, 2016. Analyst had a consensus of $1.03. The company had revenue of $9516.00 million for the quarter, compared to analysts expectations of $9633.18 million. The company’s revenue was down -1.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.91 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.