26,046 Shares in Johnson Controls International plc (NYSE:JCI) Bought by Sciencast Management LP

Sciencast Management LP bought a new stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 26,046 shares of the company's stock, valued at approximately $2,056,000.

Other institutional investors have also recently made changes to their positions in the company. Compass Financial Services Inc bought a new stake in shares of Johnson Controls International during the 4th quarter valued at $26,000. SBI Securities Co. Ltd. bought a new position in Johnson Controls International in the 4th quarter worth about $29,000. Synergy Asset Management LLC purchased a new position in Johnson Controls International during the 4th quarter valued at about $42,000. ST Germain D J Co. Inc. increased its position in shares of Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock valued at $43,000 after buying an additional 134 shares during the period. Finally, Gables Capital Management Inc. lifted its holdings in shares of Johnson Controls International by 132.0% in the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock worth $46,000 after buying an additional 330 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Analyst Upgrades and Downgrades

JCI has been the subject of several recent analyst reports. Citigroup reduced their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating for the company in a research note on Monday, January 13th. Melius cut shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target on the stock. in a report on Tuesday, January 28th. Melius Research reiterated a "hold" rating and issued a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. Morgan Stanley boosted their target price on Johnson Controls International from $95.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Finally, JPMorgan Chase & Co. raised their price target on Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $91.27.

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Johnson Controls International Price Performance

NYSE JCI traded down $0.25 on Tuesday, reaching $84.27. 3,086,262 shares of the company's stock traded hands, compared to its average volume of 4,171,447. The stock has a market cap of $55.63 billion, a PE ratio of 32.16, a P/E/G ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. The stock has a 50-day simple moving average of $82.88 and a 200 day simple moving average of $80.40. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. As a group, research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend is Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is presently 56.49%.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the sale, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO George Oliver sold 205,168 shares of the firm's stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the completion of the transaction, the chief executive officer now owns 1,260,527 shares in the company, valued at $110,964,191.81. This represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 905,864 shares of company stock worth $77,824,710 in the last ninety days. 0.54% of the stock is owned by company insiders.

Johnson Controls International Company Profile

Johnson Controls International plc, together with its subsidiaries, engages in engineering, manufacturing, commissioning, and retrofitting building products and systems in the United States, Europe, the Asia Pacific, and internationally. It operates in four segments: Building Solutions North America, Building Solutions EMEA/LA, Building Solutions Asia Pacific, and Global Products.