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Cullen Investment Group LTD. Decreases Stock Position in Johnson Controls International plc $JCI
Cullen Investment Group LTD. has reduced its stake in Johnson Controls International plc (NYSE:JCI) by 13.0% in the fourth quarter, selling 12,304 shares and holding 82,499 shares valued at $9.145 million. Despite this, other hedge funds like Viking Global Investors LP and Ameriprise Financial Inc. significantly increased their holdings. Analysts have a “Moderate Buy” rating for JCI with a consensus price target of $135.53, following the company’s strong Q4 earnings beat and revenue growth.