3,005 Shares in Johnson Controls International plc (NYSE:JCI) Acquired by Legacy Solutions LLC

Legacy Solutions LLC acquired a new position in Johnson Controls International plc (NYSE:JCI - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,005 shares of the company's stock, valued at approximately $237,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Metis Global Partners LLC grew its position in Johnson Controls International by 0.4% in the 3rd quarter. Metis Global Partners LLC now owns 28,446 shares of the company's stock valued at $2,208,000 after acquiring an additional 127 shares in the last quarter. Gilbert & Cook Inc. grew its holdings in shares of Johnson Controls International by 2.0% in the fourth quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company's stock valued at $510,000 after purchasing an additional 127 shares in the last quarter. Graypoint LLC increased its stake in Johnson Controls International by 4.1% during the 4th quarter. Graypoint LLC now owns 3,277 shares of the company's stock worth $259,000 after buying an additional 130 shares during the period. ST Germain D J Co. Inc. lifted its holdings in Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock worth $43,000 after buying an additional 134 shares in the last quarter. Finally, Brooklyn Investment Group boosted its position in Johnson Controls International by 3.1% in the 4th quarter. Brooklyn Investment Group now owns 4,444 shares of the company's stock valued at $351,000 after buying an additional 135 shares during the period. Hedge funds and other institutional investors own 90.05% of the company's stock.

Johnson Controls International Stock Performance

JCI traded down $3.60 during trading on Friday, hitting $85.23. 3,616,085 shares of the stock were exchanged, compared to its average volume of 4,457,648. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 1-year low of $57.78 and a 1-year high of $91.14. The stock has a fifty day moving average price of $82.01 and a two-hundred day moving average price of $78.25. The firm has a market capitalization of $56.26 billion, a P/E ratio of 32.53, a PEG ratio of 1.99 and a beta of 1.32.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly 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, sell-side analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.74%. The ex-dividend date was Monday, December 23rd. Johnson Controls International's dividend payout ratio (DPR) is presently 56.49%.

Insider Transactions at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,421 shares of the firm's stock in a transaction dated Monday, February 3rd. The shares were 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 $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO George Oliver sold 10,304 shares of the business's stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $84.14, for a total value of $866,978.56. Following the transaction, the chief executive officer now owns 1,166,992 shares in the company, valued at $98,190,706.88. The trade was a 0.88 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 719,004 shares of company stock worth $62,950,067 over the last 90 days. 0.54% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on the company. Wells Fargo & Company upped their price objective on Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Melius Research reiterated a "hold" rating and issued a $95.00 price target on shares of Johnson Controls International in a research note on Tuesday, January 28th. JPMorgan Chase & Co. increased their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Barclays raised their price objective on shares of Johnson Controls International from $75.00 to $83.00 and gave the company an "equal weight" rating in a report on Thursday, December 5th. Finally, Citigroup lowered their target price 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. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $91.13.

Johnson Controls International 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.