Johnson Controls International plc (NYSE:JCI) Shares Sold by Haverford Trust Co

Haverford Trust Co cut its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 2.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 288,414 shares of the company's stock after selling 5,887 shares during the quarter. Haverford Trust Co's holdings in Johnson Controls International were worth $22,765,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of JCI. Compass Financial Services Inc acquired a new stake in shares of Johnson Controls International in the 4th quarter worth about $26,000. SBI Securities Co. Ltd. bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $29,000. Crowley Wealth Management Inc. purchased a new stake in Johnson Controls International in the fourth quarter worth $42,000. Synergy Asset Management LLC bought a new stake in shares of Johnson Controls International in the fourth quarter valued at $42,000. Finally, ST Germain D J Co. Inc. grew its stake in shares of 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 period. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,421 shares of the business's stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the sale, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the business's stock in a transaction that occurred on Thursday, February 6th. The stock was 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. This trade represents a 7.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 905,864 shares of company stock worth $77,824,710 over the last 90 days. Company insiders own 0.54% of the company's stock.

Remove Ads

Johnson Controls International Stock Performance

NYSE JCI traded down $0.25 during trading hours on Tuesday, hitting $84.27. The company's stock had a trading volume of 3,086,262 shares, compared to its average volume of 4,176,080. The company's 50 day simple moving average is $82.88 and its two-hundred day simple moving average is $80.40. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. The company has a market cap of $55.63 billion, a P/E ratio of 32.16, 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.

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 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%. 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 announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be issued a $0.37 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.76%. Johnson Controls International's dividend payout ratio (DPR) is presently 56.49%.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Royal Bank of Canada increased their target price on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 6th. Wells Fargo & Company boosted their price objective on Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Barclays lowered their price target on shares of Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a report on Monday, March 10th. Argus upgraded shares of 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. Finally, JPMorgan Chase & Co. upped their target price on shares of Johnson Controls International from $87.00 to $100.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $91.27.

Johnson Controls International Company 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.