L & S Advisors Inc Sells 15,402 Shares of Johnson Controls International plc (NYSE:JCI)

L & S Advisors Inc lowered its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 27.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 40,650 shares of the company's stock after selling 15,402 shares during the period. L & S Advisors Inc's holdings in Johnson Controls International were worth $3,209,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in JCI. Larson Financial Group LLC increased its stake in Johnson Controls International by 169.3% during the 3rd quarter. Larson Financial Group LLC now owns 738 shares of the company's stock valued at $57,000 after purchasing an additional 464 shares in the last quarter. Townsquare Capital LLC grew its holdings in shares of Johnson Controls International by 29.9% during the third quarter. Townsquare Capital LLC now owns 14,101 shares of the company's stock valued at $1,094,000 after buying an additional 3,247 shares during the last quarter. CreativeOne Wealth LLC bought a new stake in shares of Johnson Controls International during the third quarter worth about $328,000. Fiduciary Trust Co increased its position in shares of Johnson Controls International by 40.5% during the third quarter. Fiduciary Trust Co now owns 20,467 shares of the company's stock worth $1,588,000 after acquiring an additional 5,903 shares in the last quarter. Finally, Public Sector Pension Investment Board raised its holdings in shares of Johnson Controls International by 14.1% in the 3rd quarter. Public Sector Pension Investment Board now owns 28,321 shares of the company's stock worth $2,198,000 after acquiring an additional 3,500 shares during the last quarter. Institutional investors own 90.05% of the company's stock.

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Analyst Ratings Changes

JCI has been the subject of a number of recent research reports. JPMorgan Chase & Co. boosted 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. Royal Bank of Canada increased their price target on Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a research report on Thursday, February 6th. UBS Group raised shares of Johnson Controls International from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $90.00 to $103.00 in a report on Monday, February 10th. Citigroup lowered their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating for the company in a report on Monday, January 13th. Finally, Melius lowered shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target on the stock. in a research report on Tuesday, January 28th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $91.27.

Johnson Controls International Price Performance

NYSE:JCI traded down $4.26 during mid-day trading on Thursday, hitting $78.60. 1,576,218 shares of the stock traded hands, compared to its average volume of 4,394,125. 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 has a market cap of $51.89 billion, a PE ratio of 30.00, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The business's 50-day moving average price is $82.92 and its 200 day moving average price is $80.78.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings results 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%. On average, analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal 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 1.88%. The ex-dividend date is Monday, March 24th. Johnson Controls International's dividend payout ratio is currently 56.49%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 1,950 shares of the firm's stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the sale, the vice president now owns 24,803 shares in the company, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The transaction 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 Johnson Controls International 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 sale, the vice president now directly owns 148,346 shares of the company's stock, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 907,286 shares of company stock worth $77,938,071 over the last three months. 0.54% of the stock is owned by insiders.

Johnson Controls International Company 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.