Johnson Controls International plc (NYSE:JCI) Stock Holdings Lowered by M. Kulyk & Associates LLC

M. Kulyk & Associates LLC lowered its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 12.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,073 shares of the company's stock after selling 14,989 shares during the period. Johnson Controls International makes up 1.8% of M. Kulyk & Associates LLC's portfolio, making the stock its 16th biggest position. M. Kulyk & Associates LLC's holdings in Johnson Controls International were worth $8,530,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in JCI. Park Avenue Securities LLC grew its position in Johnson Controls International by 101.5% in the fourth quarter. Park Avenue Securities LLC now owns 26,517 shares of the company's stock valued at $2,093,000 after acquiring an additional 13,360 shares in the last quarter. Certuity LLC purchased a new position in shares of Johnson Controls International in the fourth quarter valued at $243,000. Y Intercept Hong Kong Ltd grew its holdings in Johnson Controls International by 136.8% during the 3rd quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company's stock valued at $7,082,000 after purchasing an additional 52,719 shares in the last quarter. Geode Capital Management LLC increased its stake in Johnson Controls International by 0.5% during the 3rd quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company's stock worth $1,041,822,000 after buying an additional 71,493 shares during the period. Finally, BNC Wealth Management LLC acquired a new position in Johnson Controls International in the 4th quarter worth $2,093,000. Institutional investors and hedge funds own 90.05% of the company's stock.

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Johnson Controls International Stock Performance

NYSE JCI traded up $2.58 during trading hours on Wednesday, hitting $79.57. The company had a trading volume of 1,497,660 shares, compared to its average volume of 4,637,000. 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 firm has a market cap of $52.53 billion, a P/E ratio of 30.34, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14. The business has a fifty day simple moving average of $82.45 and a 200-day simple moving average of $79.64.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued 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 analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.86%. Johnson Controls International's payout ratio is currently 56.49%.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on JCI. StockNews.com downgraded Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Wednesday, November 20th. Argus upgraded Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price objective for the company in a research note on Friday, December 20th. Barclays dropped their price objective on Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a report on Monday. Melius Research reiterated a "hold" rating and set a $95.00 target price on shares of Johnson Controls International in a research note on Tuesday, January 28th. Finally, Citigroup dropped their price target on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating for the company in a research note on Monday, January 13th. Eight equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $91.27.

Insiders Place Their Bets

In other news, VP Nathan D. Manning sold 1,421 shares of the company'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 value of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares of the company's stock, valued at approximately $11,339,568.24. This represents a 0.95 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO George Oliver sold 129,263 shares of the stock in a transaction that occurred on Tuesday, February 25th. The shares were sold at an average price of $83.55, for a total transaction of $10,799,923.65. Following the completion of the transaction, the chief executive officer now owns 1,203,893 shares of the company's stock, valued at $100,585,260.15. This trade represents a 9.70 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 706,050 shares of company stock worth $61,972,667. 0.54% of the stock is owned by company insiders.

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.