Avantax Advisory Services Inc. Purchases 4,107 Shares of Johnson Controls International plc (NYSE:JCI)

Avantax Advisory Services Inc. increased its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 24.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,189 shares of the company's stock after acquiring an additional 4,107 shares during the quarter. Avantax Advisory Services Inc.'s holdings in Johnson Controls International were worth $1,672,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Compass Financial Services Inc purchased a new stake in Johnson Controls International in the fourth quarter worth $26,000. SBI Securities Co. Ltd. purchased a new position in Johnson Controls International during the fourth quarter valued at $29,000. Synergy Asset Management LLC purchased a new position in Johnson Controls International during the fourth quarter valued at $42,000. ST Germain D J Co. Inc. lifted its position in 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 buying an additional 134 shares during the period. Finally, Gables Capital Management Inc. lifted its position in Johnson Controls International by 132.0% during the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock valued at $46,000 after buying an additional 330 shares during the period. Hedge funds and other institutional investors own 90.05% of the company's stock.

Johnson Controls International Stock Performance

NYSE JCI traded down $0.51 during trading hours on Friday, hitting $82.64. The company's stock had a trading volume of 6,990,691 shares, compared to its average volume of 4,182,809. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. The company's 50 day simple moving average is $82.62 and its two-hundred day simple moving average is $79.97. The company has a market cap of $54.55 billion, a P/E ratio of 31.54, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86.

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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, 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%. As a group, sell-side analysts expect 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 paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.79%. Johnson Controls International's dividend payout ratio is currently 56.49%.

Insider Buying and Selling at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the transaction, the vice president now directly owns 148,346 shares of the company's stock, valued at $11,339,568.24. The trade was a 0.95 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction dated Friday, February 7th. The shares were sold at an average price of $88.03, for a total value of $18,060,939.04. Following the transaction, the chief executive officer now directly owns 1,260,527 shares in the company, valued at approximately $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 worth $77,824,710 in the last three months. 0.54% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have commented on the company. Citigroup lowered their price objective on Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating for the company in a research report on Monday, January 13th. JPMorgan Chase & Co. raised their price objective on Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Morgan Stanley raised their price target on Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Melius downgraded Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target for the company. in a report on Tuesday, January 28th. Finally, Wells Fargo & Company raised their price target on 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 given a buy rating to the company's stock. Based on data from MarketBeat.com, Johnson Controls International has a consensus rating of "Moderate Buy" and a consensus price target of $91.27.

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.