Cibc World Markets Corp Has $8.32 Million Holdings in Johnson Controls International plc (NYSE:JCI)

Cibc World Markets Corp lifted its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 15.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 105,416 shares of the company's stock after acquiring an additional 14,390 shares during the quarter. Cibc World Markets Corp's holdings in Johnson Controls International were worth $8,320,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Compass Financial Services Inc acquired a new position in Johnson Controls International during the fourth quarter valued at approximately $26,000. SBI Securities Co. Ltd. acquired a new position in Johnson Controls International in the 4th quarter valued at $29,000. Synergy Asset Management LLC bought a new position in Johnson Controls International in the 4th quarter worth $42,000. ST Germain D J Co. Inc. lifted its position 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 during the last quarter. Finally, Gables Capital Management Inc. boosted its holdings in Johnson Controls International by 132.0% during the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock valued at $46,000 after acquiring an additional 330 shares during the period. 90.05% of the stock is owned by institutional investors.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the firm'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. This trade represents a 0.95 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO George Oliver sold 205,168 shares of the company's stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the transaction, the chief executive officer now owns 1,260,527 shares in the company, valued at $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. In the last quarter, insiders sold 905,864 shares of company stock worth $77,824,710. 0.54% of the stock is currently owned by insiders.

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Johnson Controls International Price Performance

Johnson Controls International stock traded down $0.51 during mid-day trading on Friday, hitting $82.64. 6,990,704 shares of the company were exchanged, compared to its average volume of 4,179,319. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year high of $91.14. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The business has a fifty day moving average of $82.70 and a 200 day moving average of $80.04. The company has a market capitalization of $54.55 billion, a PE ratio of 31.54, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (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%. As a group, sell-side analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

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 issued a dividend of $0.37 per share. The ex-dividend date is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.79%. Johnson Controls International's dividend payout ratio is 56.49%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. UBS Group raised Johnson Controls International from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $90.00 to $103.00 in a research report on Monday, February 10th. Wells Fargo & Company increased their price objective on Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Melius Research restated a "hold" rating and issued a $95.00 price objective on shares of Johnson Controls International in a research note on Tuesday, January 28th. Barclays cut their target price on shares of Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating for the company in a research note on Monday, March 10th. Finally, 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 research report on Friday, December 20th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $91.27.

Johnson Controls International 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.