In today’s session Johnson Controls International plc Ordinary Share (JCI) registered an unusually high (1,887) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious JCI increase. With 1,887 contracts traded and 44354 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: JCI161216C00046000 closed last at: $0.89 or 21.9% up. About 270,238 shares traded hands. Johnson Controls International plc Ordinary Share (NYSE:JCI) has risen 16.38% since April 22, 2016 and is uptrending. It has outperformed by 10.97% the S&P500.
Analysts await Johnson Controls International plc Ordinary Share (NYSE:JCI) to report earnings on February, 3. They expect $0.51 EPS, up 15.91% or $0.07 from last year’s $0.44 per share. JCI’s profit will be $476.22 million for 22.43 P/E if the $0.51 EPS becomes a reality. After $1.21 actual EPS reported by Johnson Controls International plc Ordinary Share for the previous quarter, Wall Street now forecasts -57.85% negative EPS growth.
Johnson Controls International plc Ordinary Share (NYSE:JCI) Ratings Coverage
Out of 16 analysts covering Johnson Controls Inc. (NYSE:JCI), 13 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 81% are positive. $64 is the highest target while $39 is the lowest. The $49.69 average target is 8.61% above today’s ($45.75) stock price. Johnson Controls Inc. has been the topic of 39 analyst reports since July 28, 2015 according to StockzIntelligence Inc. On Monday, August 24 the stock rating was initiated by Credit Suisse with “Neutral”. RBC Capital Markets maintained the stock with “Sector Perform” rating in Tuesday, November 1 report. The firm earned “Outperform” rating on Wednesday, September 28 by Cowen & Co. Bernstein initiated the stock with “Outperform” rating in Friday, September 16 report. Goldman Sachs upgraded the stock to “Buy” rating in Wednesday, August 12 report. Goldman Sachs initiated the shares of JCI in a report on Monday, October 24 with “Buy” rating. Barclays Capital maintained the shares of JCI in a report on Monday, January 25 with “Overweight” rating. Oppenheimer initiated it with “Outperform” rating and $48 target price in Thursday, January 7 report. UBS maintained Johnson Controls International plc Ordinary Share (NYSE:JCI) rating on Friday, September 16. UBS has “Buy” rating and $51 price target. The stock has “Buy” rating given by Goldman Sachs on Tuesday, November 1.
According to Zacks Investment Research, “Johnson Controls International plc provides building products and technology. It offers controls, fire, security, HVAC, power solutions and energy storage. The company serves institutions, commercial buildings, retail, industrial, small business and residential. Johnson Controls International plc, formerly known as Tyco International plc, is headquartered in Milwaukee, Wisconsin.”
Insitutional Activity: The institutional sentiment decreased to 0.03 in Q2 2016. Its down 1.15, from 1.18 in 2016Q1. The ratio is negative, as 50 funds sold all Johnson Controls International plc Ordinary Share shares owned while 256 reduced positions. 92 funds bought stakes while 268 increased positions. They now own 518.14 million shares or 9.83% more from 471.76 million shares in 2016Q1.
Trustco National Bank N Y holds 0.69% or 15,325 shares in its portfolio. Gam Holdings Ag owns 156,328 shares or 0.11% of their US portfolio. Icon Advisers accumulated 24,700 shares or 0.07% of the stock. Chevy Chase Trust Holdg accumulated 0.15% or 592,797 shares. Adage Capital Prtnrs Grp Inc Ltd Llc has invested 0.05% of its portfolio in Johnson Controls International plc Ordinary Share (NYSE:JCI). Highlander Management Ltd Limited Liability Company, a New Jersey-based fund reported 918 shares. Acropolis Inv Mgmt Lc holds 0.06% of its portfolio in Johnson Controls International plc Ordinary Share (NYSE:JCI) for 7,455 shares. Palouse Capital Mgmt has invested 3.01% of its portfolio in Johnson Controls International plc Ordinary Share (NYSE:JCI). Kerrisdale Advisers Limited Liability Corporation accumulated 1.51% or 212,650 shares. Balyasny Asset Management Ltd last reported 0.2% of its portfolio in the stock. Davidson Kempner Lp last reported 95,000 shares in the company. Shufro Rose And Com Lc holds 543,012 shares or 2.66% of its portfolio. Envestnet Asset holds 0.02% or 132,402 shares in its portfolio. Mount Vernon Assoc Md last reported 1.66% of its portfolio in the stock. Eagleclaw Cap Managment Limited Liability Com holds 1.71% of its portfolio in Johnson Controls International plc Ordinary Share (NYSE:JCI) for 58,000 shares.
Insider Transactions: Since August 19, 2016, the stock had 0 insider buys, and 1 insider sale for $4.41 million net activity. On Friday, August 19 the insider McDonald R Bruce sold $4.41M.
JCI Company Profile
Johnson Controls International plc, formerly Tyco International plc, incorporated on May 9, 2014, is a well-known provider of security services and products, fire detection and suppression services and products and life safety products. The Firm operates through three divisions: North America Integrated Solutions & Services (NA Integrated Solutions & Services), Rest of World (ROW) Integrated Solutions & Services (ROW Integrated Solutions & Services) and Global Products. The Company’s portfolio of services and products, sold under brands, such as Tyco, SimplexGrinnell, Chemguard, Wormald, Ansul, Simplex, Scott and ADT (other than the United States, Canada and Korea) serve security, fire detection and suppression and life safety needs across commercial, industrial, retail, small business, institutional and governmental markets, as well as non-United States residential markets.
Another recent and important Johnson Controls International plc Ordinary Share (NYSE:JCI) news was published by Fool.com which published an article titled: “Tyco International plc (Ireland) Ordinary Share up 11% on Merger With Johnson …” on January 25, 2016.
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