ExodusPoint Capital Management LP Buys 12,084 Shares of Johnson Controls International plc (NYSE:JCI)

ExodusPoint Capital Management LP increased its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 63.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,032 shares of the company's stock after buying an additional 12,084 shares during the period. ExodusPoint Capital Management LP's holdings in Johnson Controls International were worth $2,449,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in JCI. Compass Financial Services Inc acquired a new position in Johnson Controls International in the fourth quarter valued at approximately $26,000. SBI Securities Co. Ltd. bought a new stake in shares of Johnson Controls International in the 4th quarter valued at $29,000. Synergy Asset Management LLC acquired a new position in shares of Johnson Controls International during the 4th quarter valued at $42,000. Crowley Wealth Management Inc. bought a new position in Johnson Controls International during the fourth quarter worth $42,000. Finally, ST Germain D J Co. Inc. grew its holdings in 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 worth $43,000 after purchasing an additional 134 shares during the period. Institutional investors own 90.05% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on JCI shares. Melius Research reissued a "hold" rating and issued a $95.00 price objective on shares of Johnson Controls International in a research note on Tuesday, January 28th. Argus upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price target for the company in a research note on Friday, December 20th. Wells Fargo & Company upped their price objective on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a 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 report on Tuesday, January 28th. Finally, JPMorgan Chase & Co. lowered their target price on shares of Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating on the stock in a report on Tuesday. Eight 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, the stock presently has an average rating of "Moderate Buy" and an average target price of $90.00.

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Johnson Controls International Price Performance

NYSE JCI traded up $1.45 during trading hours on Friday, reaching $77.68. 3,026,682 shares of the stock traded hands, compared to its average volume of 4,469,610. The company has a market cap of $51.28 billion, a price-to-earnings ratio of 29.65, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. Johnson Controls International plc has a 1 year low of $59.83 and a 1 year high of $91.14. The stock has a 50 day simple moving average of $82.34 and a two-hundred day simple moving average of $80.79. 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 earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. On average, analysts predict that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be given a $0.37 dividend. The ex-dividend date is Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.91%. Johnson Controls International's payout ratio is currently 56.49%.

Insider Activity

In related 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 value of $171,073.50. Following the sale, the vice president now owns 24,803 shares in the company, 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 legal filing with the SEC, which is available at this link. Also, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction that occurred on 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 sale, 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. Over the last 90 days, insiders sold 907,286 shares of company stock valued at $77,938,071. 0.54% of the stock is currently owned by company 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.