Twin Tree Management LP Buys 4,245 Shares of Johnson Controls International plc (NYSE:JCI)

Twin Tree Management LP raised its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 9.1% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,740 shares of the company's stock after buying an additional 4,245 shares during the period. Twin Tree Management LP's holdings in Johnson Controls International were worth $4,005,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. OneDigital Investment Advisors LLC lifted its holdings in Johnson Controls International by 5.9% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 6,964 shares of the company's stock worth $540,000 after purchasing an additional 390 shares during the last quarter. Thrivent Financial for Lutherans lifted its position in shares of Johnson Controls International by 15.1% during the 3rd quarter. Thrivent Financial for Lutherans now owns 39,279 shares of the company's stock worth $3,049,000 after buying an additional 5,152 shares during the last quarter. Baron Wealth Management LLC bought a new position in shares of Johnson Controls International in the third quarter worth about $219,000. Pathstone Holdings LLC boosted its position in Johnson Controls International by 2.4% in the third quarter. Pathstone Holdings LLC now owns 61,247 shares of the company's stock valued at $4,754,000 after buying an additional 1,411 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC boosted its holdings in shares of Johnson Controls International by 16.3% during the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 8,828 shares of the company's stock valued at $685,000 after acquiring an additional 1,239 shares in the last quarter. Institutional investors own 90.05% of the company's stock.

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Insider Activity

In other news, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction 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. This represents a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO George Oliver sold 205,168 shares of the stock in a transaction on Friday, February 7th. The shares were sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the sale, the chief executive officer now directly 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 disclosure for this sale can be found here. In the last quarter, insiders have sold 905,864 shares of company stock worth $77,824,710. 0.54% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on JCI shares. Wells Fargo & Company lifted their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Melius Research reaffirmed a "hold" rating and set a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. Argus raised Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price target on the stock in a research note on Friday, December 20th. JPMorgan Chase & Co. raised their price target on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Finally, Citigroup cut their target price on Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating on the stock in a research note on Monday, January 13th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of "Moderate Buy" and an average price target of $91.27.

Johnson Controls International Stock Performance

JCI stock traded down $0.51 during midday trading on Friday, reaching $82.64. 6,990,704 shares of the company's stock traded hands, compared to its average volume of 4,179,319. 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 52 week low of $59.83 and a 52 week high of $91.14. The firm 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. The company has a 50-day moving average price of $82.70 and a two-hundred day moving average price of $80.04.

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

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors 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 yield of 1.79%. The ex-dividend date is Monday, March 24th. Johnson Controls International's dividend payout ratio is currently 56.49%.

About Johnson Controls International

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.