Johnson Controls International plc (NYSE:JCI) Shares Sold by AGF Management Ltd.

AGF Management Ltd. lowered its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 13.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 325,131 shares of the company's stock after selling 48,439 shares during the period. AGF Management Ltd.'s holdings in Johnson Controls International were worth $25,663,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Compass Financial Services Inc acquired a new position in Johnson Controls International during the 4th quarter worth $26,000. SBI Securities Co. Ltd. acquired a new stake in Johnson Controls International during the 4th quarter valued at $29,000. Synergy Asset Management LLC acquired a new stake in shares of Johnson Controls International during the fourth quarter worth $42,000. ST Germain D J Co. Inc. raised its position in shares of Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock worth $43,000 after buying an additional 134 shares during the period. Finally, Gables Capital Management Inc. raised its position in Johnson Controls International by 132.0% in the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock valued at $46,000 after purchasing an additional 330 shares during the period. Institutional investors and hedge funds own 90.05% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on JCI. 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. Wells Fargo & Company lifted their target price 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. Barclays dropped their target price on Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a report on Monday. Morgan Stanley increased their price target on Johnson Controls International from $95.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Finally, StockNews.com lowered Johnson Controls International from a "buy" rating to a "hold" rating in a research report on Wednesday, November 20th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $91.27.

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Insider Buying and Selling

In other news, VP Nathan D. Manning sold 1,421 shares of the business's stock in a transaction that occurred on Monday, February 3rd. The shares were 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 in the company, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO George Oliver sold 129,263 shares of the business's stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $83.55, for a total transaction of $10,799,923.65. Following the sale, the chief executive officer now owns 1,203,893 shares of the company's stock, valued at $100,585,260.15. This represents a 9.70 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 706,050 shares of company stock worth $61,972,667 over the last 90 days. 0.54% of the stock is owned by insiders.

Johnson Controls International Price Performance

Shares of JCI opened at $76.94 on Wednesday. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year high of $91.14. The stock has a market cap of $50.79 billion, a PE ratio of 29.37, a P/E/G ratio of 1.96 and a beta of 1.32. The firm has a 50-day simple moving average of $82.45 and a two-hundred day simple moving average of $79.64. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 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, analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current year.

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.

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