Generali Asset Management SPA SGR Invests $2.47 Million in Johnson Controls International plc (NYSE:JCI)

Generali Asset Management SPA SGR acquired a new position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 31,251 shares of the company's stock, valued at approximately $2,467,000.

A number of other hedge funds have also recently made changes to their positions in JCI. State Street Corp lifted its stake in Johnson Controls International by 1.1% during the third quarter. State Street Corp now owns 27,939,766 shares of the company's stock worth $2,178,595,000 after purchasing an additional 300,712 shares in the last quarter. Fisher Asset Management LLC lifted its stake in Johnson Controls International by 2.9% during the 4th quarter. Fisher Asset Management LLC now owns 15,743,019 shares of the company's stock worth $1,242,597,000 after acquiring an additional 447,513 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Johnson Controls International by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company's stock valued at $1,041,822,000 after acquiring an additional 71,493 shares during the period. Raymond James Financial Inc. purchased a new position in Johnson Controls International during the 4th quarter valued at about $568,309,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Johnson Controls International by 514.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company's stock valued at $418,439,000 after acquiring an additional 4,514,792 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

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Insider Transactions at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 1,950 shares of the company's stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the completion of the sale, the vice president now owns 24,803 shares in the company, valued at $2,175,967.19. This represents a 7.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction 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 sale, the vice president now directly owns 148,346 shares of the company's stock, valued at approximately $11,339,568.24. This represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 905,864 shares of company stock worth $77,824,710. Company insiders own 0.54% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on JCI. JPMorgan Chase & Co. lifted their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Melius downgraded shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target for the company. in a research note on Tuesday, January 28th. UBS Group raised Johnson Controls International from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $90.00 to $103.00 in a research report on Monday, February 10th. Barclays decreased their target price on Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating for the company in a report on Monday, March 10th. Finally, Citigroup cut their price target on Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating on the stock in a report on Monday, January 13th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $91.27.

Johnson Controls International Stock Performance

NYSE JCI traded up $1.82 during trading hours on Monday, hitting $84.55. The company had a trading volume of 3,865,737 shares, compared to its average volume of 4,180,252. The business has a 50 day moving average of $82.70 and a 200-day moving average of $80.17. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year high of $91.14. The company has a market cap of $55.81 billion, a PE ratio of 32.27, a price-to-earnings-growth ratio of 1.96 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 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. As a group, equities research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be paid a $0.37 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.75%. Johnson Controls International's dividend payout ratio is presently 56.49%.

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.