Bank Julius Baer & Co. Ltd Zurich Invests $450,000 in Johnson Controls International plc (NYSE:JCI)

Bank Julius Baer & Co. Ltd Zurich bought a new position in Johnson Controls International plc (NYSE:JCI - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The fund bought 5,170 shares of the company's stock, valued at approximately $450,000.

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

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Johnson Controls International Price Performance

NYSE:JCI traded up $2.68 during trading hours on Wednesday, hitting $79.67. 2,159,293 shares of the stock were exchanged, compared to its average volume of 4,654,164. The firm's fifty day moving average price is $82.45 and its 200 day moving average price is $79.64. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14. The company has a market cap of $52.60 billion, a P/E ratio of 30.43, a P/E/G ratio of 1.96 and a beta of 1.32. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping the consensus estimate 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 anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently declared 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 annualized dividend and a dividend yield of 1.86%. Johnson Controls International's dividend payout ratio is currently 56.49%.

Insider Buying and Selling

In other news, CEO George Oliver sold 129,263 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $83.55, for a total transaction of $10,799,923.65. Following the transaction, the chief executive officer now directly owns 1,203,893 shares in the company, valued at $100,585,260.15. The trade was a 9.70 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the sale, the vice president now directly owns 24,803 shares of the company's stock, valued at approximately $2,175,967.19. This represents a 7.29 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 706,050 shares of company stock worth $61,972,667. 0.54% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on JCI shares. Royal Bank of Canada raised their target price on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 6th. UBS Group raised Johnson Controls International from a "neutral" rating to a "buy" rating and increased their target price for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Argus raised Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price target for the company in a research report on Friday, December 20th. Melius Research restated a "hold" rating and set a $95.00 price objective on shares of Johnson Controls International in a research note on Tuesday, January 28th. Finally, StockNews.com lowered Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Wednesday, November 20th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, Johnson Controls International currently has a consensus rating of "Moderate Buy" and an average target price of $91.27.

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.