Dimensional Fund Advisors LP Acquires 59,001 Shares of Johnson Controls International plc (NYSE:JCI)

Dimensional Fund Advisors LP lifted its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 1.0% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 5,988,674 shares of the company's stock after purchasing an additional 59,001 shares during the quarter. Dimensional Fund Advisors LP owned 0.91% of Johnson Controls International worth $472,705,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of JCI. Barclays PLC boosted its position in Johnson Controls International by 6.7% in the 3rd quarter. Barclays PLC now owns 1,685,322 shares of the company's stock valued at $130,797,000 after buying an additional 105,194 shares during the last quarter. World Investment Advisors LLC acquired a new stake in Johnson Controls International in the 3rd quarter valued at approximately $5,361,000. Sfmg LLC bought a new stake in Johnson Controls International during the third quarter worth about $210,000. Wilmington Savings Fund Society FSB grew its position in shares of Johnson Controls International by 27.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 223,989 shares of the company's stock valued at $17,384,000 after acquiring an additional 48,416 shares during the period. Finally, Peapack Gladstone Financial Corp raised its stake in Johnson Controls International by 8.6% in the third quarter. Peapack Gladstone Financial Corp now owns 9,669 shares of the company's stock valued at $751,000 after buying an additional 763 shares during the period. Institutional investors and hedge funds own 90.05% of the company's stock.

Johnson Controls International Trading Up 1.4 %

Shares of JCI traded up $1.09 during trading hours on Friday, reaching $81.45. 1,029,754 shares of the company traded hands, compared to its average volume of 4,448,097. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month 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 company's fifty day moving average price is $80.33 and its two-hundred day moving average price is $80.82. The company has a market capitalization of $53.77 billion, a price-to-earnings ratio of 31.03, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings data 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%. Equities research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were given a $0.37 dividend. The ex-dividend date was Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.82%. Johnson Controls International's payout ratio is 56.49%.

Analyst Upgrades and Downgrades

JCI has been the subject of several research reports. Melius Research reissued a "hold" rating and set a $95.00 price target on shares of Johnson Controls International in a report on Tuesday, January 28th. JPMorgan Chase & Co. dropped their target price on shares of Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating for the company in a report on Tuesday, April 8th. UBS Group upgraded Johnson Controls International from a "neutral" rating to a "buy" rating and increased their target price for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Royal Bank of Canada raised their target price on 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. Finally, 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. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $90.07.

Insiders Place Their Bets

In related news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $79.72, for a total transaction of $113,361.84. Following the transaction, the vice president now owns 145,502 shares in the company, valued at approximately $11,599,419.44. The trade was a 0.97 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO George Oliver sold 205,168 shares of the company's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $88.03, for a total value of $18,060,939.04. Following the completion of the transaction, the chief executive officer now directly owns 1,260,527 shares of the company's stock, valued at approximately $110,964,191.81. This trade represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 907,286 shares of company stock worth $77,938,071. Company insiders own 0.54% of the company's stock.

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.