Johnson Controls Inc (JCI) : Wbi Investments added new position in Johnson Controls Inc during the most recent quarter end. The investment management firm now holds 655,562 shares of Johnson Controls Inc which is valued at $28,910,284 , the company said in a statement filed on Aug 11, 2016 with the SEC.Johnson Controls Inc makes up approximately 1.01% of Wbi Investments’s portfolio.
Other Hedge Funds, Including , Tiemann Investment Advisors boosted its stake in JCI in the latest quarter, The investment management firm added 378 additional shares and now holds a total of 7,350 shares of Johnson Controls Inc which is valued at $324,135. Johnson Controls Inc makes up approx 0.29% of Tiemann Investment Advisors’s portfolio.Cable Hill Partners reduced its stake in JCI by selling 137 shares or 16.37% in the most recent quarter. The Hedge Fund company now holds 700 shares of JCI which is valued at $31,864. Johnson Controls Inc makes up approx 0.02% of Cable Hill Partners’s portfolio.Greatmark Investment Partners reduced its stake in JCI by selling 975 shares or 12.75% in the most recent quarter. The Hedge Fund company now holds 6,675 shares of JCI which is valued at $306,516. Johnson Controls Inc makes up approx 0.13% of Greatmark Investment Partners’s portfolio. Newsquare Capital sold out all of its stake in JCI during the most recent quarter. The investment firm sold 53 shares of JCI which is valued $2,452.
Johnson Controls Inc opened for trading at $44.59 and hit $45.42 on the upside on Tuesday, eventually ending the session at $45.06, with a gain of 1.40% or 0.62 points. The heightened volatility saw the trading volume jump to 1,61,69,740 shares. Company has a market cap of $28,737 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.