Johnson Controls International plc (NYSE:JCI) Director George Oliver Sells 15,669 Shares

Johnson Controls International plc (NYSE:JCI - Get Free Report) Director George Oliver sold 15,669 shares of the company's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $77.49, for a total value of $1,214,190.81. Following the completion of the transaction, the director now directly owns 1,003,893 shares in the company, valued at $77,791,668.57. This represents a 1.54 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

George Oliver also recently made the following trade(s):

• On Wednesday, March 12th, George Oliver sold 184,331 shares of Johnson Controls International stock. The shares were sold at an average price of $79.49, for a total value of $14,652,471.19.
• On Tuesday, February 25th, George Oliver sold 129,263 shares of Johnson Controls International stock. The shares were sold at an average price of $83.55, for a total value of $10,799,923.65.
• On Friday, February 14th, George Oliver sold 162,894 shares of Johnson Controls International stock. The shares were sold at an average price of $89.28, for a total transaction of $14,543,176.32.
• On Monday, February 10th, George Oliver sold 205,168 shares of Johnson Controls International stock. The shares were sold at an average price of $89.07, for a total transaction of $18,274,313.76.
• On Friday, February 7th, George Oliver sold 205,168 shares of Johnson Controls International stock. The shares were sold at an average price of $88.03, for a total transaction of $18,060,939.04.

Johnson Controls International Stock Performance

Shares of JCI traded down $0.31 during trading hours on Tuesday, reaching $81.21. 1,247,760 shares of the company traded hands, compared to its average volume of 4,156,826. The stock's fifty day moving average is $82.45 and its 200 day moving average is $79.87. The stock has a market cap of $53.61 billion, a P/E ratio of 31.00, 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 quick ratio of 0.86 and a current ratio of 1.02. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year high of $91.14.

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Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating analysts' consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Equities research analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be given a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.82%. The ex-dividend date of this dividend is Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is presently 56.49%.

Analysts Set New Price Targets

Several brokerages have issued reports on JCI. JPMorgan Chase & Co. boosted their target price on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. StockNews.com cut shares of Johnson Controls International from a "buy" rating to a "hold" rating in a report on Wednesday, November 20th. UBS Group upgraded shares of Johnson Controls International from a "neutral" rating to a "buy" rating and boosted their price target for the company from $90.00 to $103.00 in a report on Monday, February 10th. Argus upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price target on the stock in a report on Friday, December 20th. Finally, Wells Fargo & Company boosted their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $91.27.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in JCI. Raymond James Financial Inc. acquired a new position in Johnson Controls International in the fourth quarter worth about $568,309,000. Norges Bank bought a new stake in Johnson Controls International during the fourth quarter worth about $560,549,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Johnson Controls International by 514.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company's stock worth $418,439,000 after buying an additional 4,514,792 shares during the last quarter. Invesco Ltd. grew its stake in Johnson Controls International by 13.2% during the fourth quarter. Invesco Ltd. now owns 18,407,597 shares of the company's stock worth $1,452,912,000 after buying an additional 2,150,573 shares during the last quarter. Finally, Amundi grew its stake in Johnson Controls International by 76.7% during the fourth quarter. Amundi now owns 3,870,478 shares of the company's stock worth $309,422,000 after buying an additional 1,680,431 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

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.