Johnson Controls Inc (JCI) : Hutchinson Capital Managementca scooped up 563 additional shares in Johnson Controls Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 1, 2016. The investment management firm now holds a total of 444,183 shares of Johnson Controls Inc which is valued at $20,041,537.Johnson Controls Inc makes up approximately 5.95% of Hutchinson Capital Managementca’s portfolio.
Other Hedge Funds, Including , Wheatland Advisors Inc reduced its stake in JCI by selling 1,296 shares or 2.52% in the most recent quarter. The Hedge Fund company now holds 50,214 shares of JCI which is valued at $2,265,656. Johnson Controls Inc makes up approx 1.19% of Wheatland Advisors Inc’s portfolio. Eads Heald Investment Counsel sold out all of its stake in JCI during the most recent quarter. The investment firm sold 7,785 shares of JCI which is valued $357,487.West Oak Capital reduced its stake in JCI by selling 655 shares or 5.15% in the most recent quarter. The Hedge Fund company now holds 12,065 shares of JCI which is valued at $528,930. Johnson Controls Inc makes up approx 0.38% of West Oak Capital’s portfolio.Patten Patten Inctn reduced its stake in JCI by selling 1,750 shares or 5.01% in the most recent quarter. The Hedge Fund company now holds 33,164 shares of JCI which is valued at $1,453,910. Johnson Controls Inc makes up approx 0.20% of Patten Patten Inctn’s portfolio.
Johnson Controls Inc closed down -0.28 points or -0.62% at $44.84 with 34,41,405 shares getting traded on Thursday. Post opening the session at $45.04, the shares hit an intraday low of $44.605 and an intraday high of $45.31 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
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.