Legal & General Group Plc Decreases Stock Position in Johnson Controls International plc (NYSE:JCI)

Legal & General Group Plc reduced its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 5.9% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 5,241,806 shares of the company's stock after selling 326,749 shares during the quarter. Legal & General Group Plc owned approximately 0.79% of Johnson Controls International worth $413,736,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Gilbert & Cook Inc. increased its stake in shares of Johnson Controls International by 2.0% during the 4th quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company's stock worth $510,000 after purchasing an additional 127 shares during the last quarter. Jackson Hole Capital Partners LLC lifted its stake in Johnson Controls International by 0.7% in the fourth quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company's stock valued at $1,470,000 after purchasing an additional 127 shares during the last quarter. Graypoint LLC grew its holdings in Johnson Controls International by 4.1% during the fourth quarter. Graypoint LLC now owns 3,277 shares of the company's stock valued at $259,000 after purchasing an additional 130 shares during the period. ST Germain D J Co. Inc. increased its position in Johnson Controls International by 32.8% in the fourth 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 last quarter. Finally, Brooklyn Investment Group raised its stake in shares of Johnson Controls International by 3.1% in the fourth quarter. Brooklyn Investment Group now owns 4,444 shares of the company's stock valued at $351,000 after buying an additional 135 shares during the period. Institutional investors own 90.05% of the company's stock.

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Analysts Set New Price Targets

JCI has been the subject of several research reports. Wells Fargo & Company increased their price target on Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. 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 report on Monday, March 10th. JPMorgan Chase & Co. lowered their price target on shares of Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. UBS Group raised shares of Johnson Controls International from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $90.00 to $103.00 in a report on Monday, February 10th. Finally, Royal Bank of Canada boosted their target price on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a report on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, Johnson Controls International presently has a consensus rating of "Moderate Buy" and an average price target of $90.00.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction dated 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 completion of the sale, the chief executive officer now 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the company's 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 transaction, the vice president now owns 148,346 shares of the company's stock, valued at $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. In the last ninety days, insiders sold 907,286 shares of company stock valued at $77,938,071. Insiders own 0.54% of the company's stock.

Johnson Controls International Price Performance

Shares of NYSE:JCI traded up $1.45 on Friday, hitting $77.68. The company's stock had a trading volume of 3,026,682 shares, compared to its average volume of 4,468,796. The company has a market capitalization of $51.28 billion, a PE ratio of 29.65, a PEG ratio of 1.96 and a beta of 1.22. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The company has a 50-day simple moving average of $82.34 and a 200 day simple moving average of $80.82. Johnson Controls International plc has a 1 year low of $59.83 and a 1 year high of $91.14.

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

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.91%. The ex-dividend date is Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is currently 56.49%.

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.