Xponance Inc. lifted its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 3.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 101,903 shares of the company's stock after acquiring an additional 3,393 shares during the quarter. Xponance Inc.'s holdings in Johnson Controls International were worth $8,043,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of JCI. Raymond James Financial Inc. bought a new stake in shares of Johnson Controls International during the 4th quarter worth $568,309,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Johnson Controls International by 514.9% in 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 valued at $418,439,000 after purchasing an additional 4,514,792 shares in the last quarter. Amundi lifted its holdings in shares of Johnson Controls International by 76.7% in the fourth quarter. Amundi now owns 3,870,478 shares of the company's stock valued at $309,422,000 after purchasing an additional 1,680,431 shares in the last quarter. ANTIPODES PARTNERS Ltd lifted its holdings in shares of Johnson Controls International by 391,951.9% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 1,215,361 shares of the company's stock valued at $95,936,000 after purchasing an additional 1,215,051 shares in the last quarter. Finally, AMF Tjanstepension AB lifted its holdings in shares of Johnson Controls International by 500.7% in the fourth quarter. AMF Tjanstepension AB now owns 1,048,377 shares of the company's stock valued at $82,797,000 after purchasing an additional 873,841 shares in the last quarter. 90.05% of the stock is owned by institutional investors.
Analyst Ratings Changes
A number of analysts have recently issued reports on the company. Wells Fargo & Company increased their target price on Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Melius lowered Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 target price for the company. in a report on Tuesday, January 28th. Morgan Stanley increased their price objective on Johnson Controls International from $95.00 to $105.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Melius Research reiterated a "hold" rating and set a $95.00 price objective on shares of Johnson Controls International in a report on Tuesday, January 28th. Finally, JPMorgan Chase & Co. increased their price objective on Johnson Controls International from $87.00 to $100.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $91.27.
View Our Latest Research Report on JCI
Insider Buying and Selling
In related news, CEO George Oliver sold 162,894 shares of Johnson Controls International stock in a transaction dated 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 directly owns 1,203,893 shares in the company, valued at $107,483,567.04. This trade represents a 11.92 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction dated Monday, February 3rd. The stock was 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 of the company's stock, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 905,864 shares of company stock worth $77,824,710 in the last three months. Insiders own 0.54% of the company's stock.
Johnson Controls International Stock Performance
Shares of NYSE:JCI traded down $0.51 during midday trading on Friday, hitting $82.64. The company's stock had a trading volume of 6,990,704 shares, compared to its average volume of 4,181,517. The stock has a market capitalization of $54.55 billion, a price-to-earnings ratio of 31.54, a PEG ratio of 1.96 and a beta of 1.32. The stock's 50 day simple moving average is $82.70 and its 200 day simple moving average is $80.10. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14. 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 (NYSE:JCI - Get Free Report) last released its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share 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%. As a group, research analysts anticipate 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 will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.79%. The ex-dividend date of this dividend is Monday, March 24th. Johnson Controls International's dividend payout ratio is 56.49%.
About Johnson Controls International
(
Free Report)
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.
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