Blue Trust Inc. Lowers Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Blue Trust Inc. trimmed its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 36.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,629 shares of the company's stock after selling 3,246 shares during the period. Blue Trust Inc.'s holdings in Johnson Controls International were worth $444,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Compass Financial Services Inc bought a new position in shares of Johnson Controls International in the 4th quarter worth $26,000. Fortitude Family Office LLC raised its position in shares of Johnson Controls International by 195.8% in the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company's stock worth $33,000 after acquiring an additional 278 shares in the last quarter. Synergy Asset Management LLC bought a new position in shares of Johnson Controls International in the 4th quarter worth $42,000. ST Germain D J Co. Inc. increased its position 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 valued at $43,000 after buying an additional 134 shares in the last quarter. Finally, Western Pacific Wealth Management LP acquired a new position in Johnson Controls International during the 3rd quarter valued at about $44,000. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Stock Performance

Shares of JCI traded down $3.60 during mid-day trading on Friday, reaching $85.23. The company had a trading volume of 4,748,476 shares, compared to its average volume of 4,509,988. The stock has a market capitalization of $56.26 billion, a P/E ratio of 32.53, a PEG ratio of 1.99 and a beta of 1.32. The stock has a 50 day moving average of $82.06 and a two-hundred day moving average of $78.38. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 52-week low of $57.78 and a 52-week high of $91.14.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued 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%. On average, analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.74%. Johnson Controls International's dividend payout ratio is currently 56.49%.

Analyst Ratings Changes

JCI has been the topic of several recent analyst reports. StockNews.com lowered Johnson Controls International from a "buy" rating to a "hold" rating in a research report on Wednesday, November 20th. Wells Fargo & Company upped their target price on Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Citigroup reduced their target price on Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating on the stock in a research report on Monday, January 13th. JPMorgan Chase & Co. upped their target price 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. Finally, Robert W. Baird increased their price objective on Johnson Controls International from $80.00 to $85.00 and gave the company a "neutral" rating in a report on Thursday, November 7th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $91.13.

Insider Buying and Selling at Johnson Controls International

In related news, CEO George Oliver sold 162,894 shares of the stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $89.28, for a total value of $14,543,176.32. Following the completion of the sale, the chief executive officer now owns 1,203,893 shares of the company's stock, valued at approximately $107,483,567.04. This trade represents a 11.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Nathan D. Manning sold 1,421 shares of the firm's 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 trade represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 719,004 shares of company stock valued at $62,950,067 over the last quarter. 0.54% of the stock is currently owned by insiders.

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.