Jaffetilchin Investment Partners LLC Purchases 32,542 Shares of Johnson Controls International plc (NYSE:JCI)

Jaffetilchin Investment Partners LLC raised its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 12,420.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 32,804 shares of the company's stock after buying an additional 32,542 shares during the quarter. Jaffetilchin Investment Partners LLC's holdings in Johnson Controls International were worth $2,589,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of JCI. Compass Financial Services Inc purchased a new stake in Johnson Controls International in the 4th quarter valued at about $26,000. SBI Securities Co. Ltd. purchased a new position in shares of Johnson Controls International during the fourth quarter worth $29,000. Crowley Wealth Management Inc. acquired a new stake in shares of Johnson Controls International in the fourth quarter valued at $42,000. Synergy Asset Management LLC purchased a new stake in shares of Johnson Controls International in the 4th quarter valued at $42,000. Finally, ST Germain D J Co. Inc. lifted its stake 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 worth $43,000 after acquiring an additional 134 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Controls International Stock Up 0.2 %

NYSE JCI traded up $0.14 during trading on Tuesday, hitting $78.64. 3,519,212 shares of the company traded hands, compared to its average volume of 4,460,418. The company has a market capitalization of $51.91 billion, a P/E ratio of 30.01, a PEG ratio of 1.96 and a beta of 1.22. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The business has a fifty day simple moving average of $82.19 and a 200 day simple moving average of $80.83. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14.

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Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly 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 return on equity of 15.11% and a net margin of 6.83%. As a group, sell-side analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.88%. The ex-dividend date is Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is currently 56.49%.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of the business's 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 completion of the sale, the chief executive officer now owns 1,260,527 shares of the company's stock, valued at $110,964,191.81. The trade was a 14.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the company'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 sale, the vice president now directly owns 24,803 shares of the company's stock, valued at approximately $2,175,967.19. This trade represents a 7.29 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 907,286 shares of company stock worth $77,938,071 in the last ninety days. Company insiders own 0.54% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on JCI shares. Morgan Stanley raised their price target on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. UBS Group upgraded Johnson Controls International from a "neutral" rating to a "buy" rating and lifted their price objective for the company from $90.00 to $103.00 in a research note on Monday, February 10th. Melius Research restated a "hold" rating and set a $95.00 target price on shares of Johnson Controls International in a research note on Tuesday, January 28th. Melius cut shares of 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, Citigroup decreased their price target on Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a report on Monday. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $90.07.

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.