Johnson Controls International plc (NYSE:JCI) Shares Sold by Massachusetts Financial Services Co. MA

Massachusetts Financial Services Co. MA decreased its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 21.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 9,659,610 shares of the company's stock after selling 2,574,684 shares during the period. Massachusetts Financial Services Co. MA owned about 1.46% of Johnson Controls International worth $762,433,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Compass Financial Services Inc purchased a new stake in shares of Johnson Controls International during the fourth quarter worth about $26,000. SBI Securities Co. Ltd. bought a new stake in shares of Johnson Controls International during the 4th quarter valued at about $29,000. Synergy Asset Management LLC bought a new position in shares of Johnson Controls International in the 4th quarter worth approximately $42,000. Crowley Wealth Management Inc. purchased a new stake in Johnson Controls International in the fourth quarter worth $42,000. Finally, ST Germain D J Co. Inc. raised its holdings 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 purchasing an additional 134 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Johnson Controls International

In related news, Director George Oliver sold 15,669 shares of the firm's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $77.49, for a total transaction of $1,214,190.81. Following the sale, the director now owns 1,003,893 shares in the company, valued at approximately $77,791,668.57. This trade represents a 1.54 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction 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 transaction, the vice president now directly owns 148,346 shares of the company's stock, valued at $11,339,568.24. The trade was a 0.95 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 907,286 shares of company stock worth $77,938,071. 0.54% of the stock is owned by corporate insiders.

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Analyst Ratings Changes

Several research firms have recently issued reports on JCI. Argus upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 target price for the company in a report on Friday, December 20th. UBS Group raised shares of Johnson Controls International from a "neutral" rating to a "buy" rating and raised their price target for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Wells Fargo & Company increased their target price on Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Citigroup decreased their price target on 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. Finally, Melius downgraded shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective on the stock. in a research report on Tuesday, January 28th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. Based on data from MarketBeat, Johnson Controls International presently has a consensus rating of "Moderate Buy" and an average target price of $91.27.

Johnson Controls International Trading Down 1.6 %

Shares of JCI traded down $1.14 during midday trading on Monday, hitting $70.56. The stock had a trading volume of 2,236,906 shares, compared to its average volume of 4,411,467. The firm has a market cap of $46.58 billion, a PE ratio of 26.78, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. Johnson Controls International plc has a 1 year low of $59.83 and a 1 year high of $91.14. The stock's 50 day moving average is $82.63 and its 200 day moving average is $80.87. 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 issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share (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 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 issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 2.10%. 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.