Mariner LLC Boosts Holdings in Johnson Controls International plc (NYSE:JCI)

Mariner LLC raised its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 16.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 154,391 shares of the company's stock after purchasing an additional 21,339 shares during the period. Mariner LLC's holdings in Johnson Controls International were worth $12,186,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of JCI. Park Avenue Securities LLC grew its position in shares of Johnson Controls International by 101.5% during the 4th quarter. Park Avenue Securities LLC now owns 26,517 shares of the company's stock worth $2,093,000 after buying an additional 13,360 shares during the period. Certuity LLC acquired a new position in shares of Johnson Controls International during the fourth quarter valued at about $243,000. BNC Wealth Management LLC bought a new position in shares of Johnson Controls International during the 4th quarter worth about $2,093,000. Seros Financial LLC acquired a new stake in shares of Johnson Controls International in the 4th quarter valued at about $561,000. Finally, Czech National Bank increased its position in Johnson Controls International by 6.4% in the 4th quarter. Czech National Bank now owns 144,839 shares of the company's stock valued at $11,432,000 after buying an additional 8,758 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Johnson Controls International news, Director George Oliver sold 15,669 shares of the firm's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $77.49, for a total value of $1,214,190.81. Following the sale, the director now owns 1,003,893 shares of the company's stock, valued at $77,791,668.57. This trade represents a 1.54 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now 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. In the last ninety days, insiders sold 907,286 shares of company stock valued at $77,938,071. Company insiders own 0.54% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on the company. UBS Group raised Johnson Controls International from a "neutral" rating to a "buy" rating and raised their price objective for the company from $90.00 to $103.00 in a research note on Monday, February 10th. JPMorgan Chase & Co. decreased their price target on shares of Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating for the company in a research note on Tuesday, April 8th. Wells Fargo & Company lifted their price objective on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a report on Thursday, February 6th. Melius Research reaffirmed a "hold" rating and issued a $95.00 price target on shares of Johnson Controls International in a research report on Tuesday, January 28th. Finally, Citigroup decreased their price objective on Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat, Johnson Controls International currently has a consensus rating of "Moderate Buy" and a consensus price target of $90.07.

Johnson Controls International Stock Performance

JCI stock traded up $0.11 during mid-day trading on Friday, hitting $76.77. The company had a trading volume of 4,893,466 shares, compared to its average volume of 4,469,172. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. The stock's fifty day moving average price is $81.28 and its two-hundred day moving average price is $80.81. The firm has a market cap of $50.68 billion, a PE ratio of 29.30, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. 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 (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 return on equity of 15.11% and a net margin of 6.83%. On average, analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date was Monday, March 24th. Johnson Controls International's payout ratio is currently 56.49%.

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.