APG Asset Management N.V. Acquires Shares of 364,700 Johnson Controls International plc (NYSE:JCI)

APG Asset Management N.V. acquired a new position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 364,700 shares of the company's stock, valued at approximately $27,799,000. APG Asset Management N.V. owned about 0.06% of Johnson Controls International as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Compass Financial Services Inc acquired a new position in shares of Johnson Controls International during the 4th quarter worth $26,000. SBI Securities Co. Ltd. purchased a new position in Johnson Controls International during the 4th quarter valued at about $29,000. Crowley Wealth Management Inc. acquired a new position in Johnson Controls International during the fourth quarter worth about $42,000. Synergy Asset Management LLC acquired a new position in Johnson Controls International during the fourth quarter worth about $42,000. Finally, ST Germain D J Co. Inc. lifted its holdings in shares of Johnson Controls International by 32.8% in 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 in the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

JCI has been the subject of several research reports. Argus upgraded Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price objective for the company in a research report on Friday, December 20th. Royal Bank of Canada boosted their price target on Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a report on Thursday, February 6th. Melius lowered Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective on the stock. in a research note on Tuesday, January 28th. UBS Group upgraded Johnson Controls International from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $90.00 to $103.00 in a research report on Monday, February 10th. Finally, Wells Fargo & Company upped their target price on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $90.07.

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Johnson Controls International Trading Up 0.6 %

JCI stock traded up $0.46 on Tuesday, hitting $78.96. 1,042,846 shares of the company were exchanged, compared to its average volume of 4,451,280. The stock has a market capitalization of $52.12 billion, a price-to-earnings ratio of 30.14, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. The business's fifty day moving average is $82.19 and its two-hundred day moving average is $80.83. Johnson Controls International plc has a twelve month low of $59.83 and a twelve month high of $91.14. 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 quarterly earnings data on Wednesday, February 5th. The company reported $0.64 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, research analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.87%. The ex-dividend date of this dividend is Monday, March 24th. Johnson Controls International's payout ratio is currently 56.49%.

Insider Buying and Selling

In related news, VP Nathan D. Manning sold 1,422 shares of the company's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $79.72, for a total transaction of $113,361.84. Following the completion of the sale, the vice president now directly owns 145,502 shares of the company's stock, valued at approximately $11,599,419.44. This represents a 0.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director George Oliver sold 15,669 shares of the firm's stock in a transaction dated Friday, March 14th. The shares were sold at an average price of $77.49, for a total value of $1,214,190.81. Following the completion of the transaction, the director now directly owns 1,003,893 shares in the company, valued at $77,791,668.57. This trade represents a 1.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 907,286 shares of company stock valued at $77,938,071. 0.54% of the stock is currently owned by corporate insiders.

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.