7,643 Shares in Johnson Controls International plc (NYSE:JCI) Acquired by AXQ Capital LP

AXQ Capital LP purchased a new position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 7,643 shares of the company's stock, valued at approximately $603,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JCI. Compass Financial Services Inc acquired a new position in Johnson Controls International in the fourth quarter worth $26,000. SBI Securities Co. Ltd. bought a new position in shares of Johnson Controls International in the fourth quarter valued at about $29,000. Synergy Asset Management LLC acquired a new position in Johnson Controls International during the 4th quarter worth about $42,000. ST Germain D J Co. Inc. grew 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 acquiring an additional 134 shares during the last quarter. Finally, Gables Capital Management Inc. grew its holdings in Johnson Controls International by 132.0% during the 4th quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock worth $46,000 after acquiring an additional 330 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on JCI shares. Wells Fargo & Company upped their target price on shares of 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 cut shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective for the company. in a research report on Tuesday, January 28th. UBS Group upgraded Johnson Controls International from a "neutral" rating to a "buy" rating and increased their price objective for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Melius Research restated a "hold" rating and set a $95.00 target price on shares of Johnson Controls International in a research report on Tuesday, January 28th. Finally, Argus upgraded Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price target on the stock in a report on Friday, December 20th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $91.27.

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Johnson Controls International Stock Down 0.3 %

Shares of Johnson Controls International stock traded down $0.25 during trading hours on Tuesday, reaching $84.27. 2,412,294 shares of the company's stock were exchanged, compared to its average volume of 4,179,907. The stock has a market cap of $55.63 billion, a P/E ratio of 32.16, a P/E/G ratio of 1.96 and a beta of 1.32. The company has a 50 day moving average of $82.80 and a two-hundred day moving average of $80.28. 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 plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating 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%. On average, sell-side analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.76%. The ex-dividend date is Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is currently 56.49%.

Insider Activity

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total transaction of $171,073.50. Following the completion of the transaction, the vice president now directly owns 24,803 shares of the company's stock, valued at $2,175,967.19. The trade was a 7.29 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO George Oliver sold 205,168 shares of the stock in a transaction dated Friday, February 7th. The shares were 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 directly owns 1,260,527 shares in the company, valued at $110,964,191.81. The trade was a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 905,864 shares of company stock valued at $77,824,710 in the last quarter. Company insiders own 0.54% of the company's stock.

About Johnson Controls International

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.