Johnson Controls International plc (NYSE:JCI) VP Sells $113,361.84 in Stock

Johnson Controls International plc (NYSE:JCI - Get Free Report) VP Nathan D. Manning sold 1,422 shares of the company's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total value of $113,361.84. Following the transaction, the vice president now owns 145,502 shares of the company's stock, valued at approximately $11,599,419.44. This trade represents a 0.97 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Johnson Controls International Price Performance

Shares of Johnson Controls International stock traded down $5.39 during midday trading on Friday, hitting $71.84. 7,065,037 shares of the company traded hands, compared to its average volume of 4,419,179. The firm's fifty day moving average price is $82.63 and its 200-day moving average price is $80.81. The stock has a market cap of $47.42 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.96 and a beta of 1.22. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. 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 issued 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%. As a group, sell-side analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

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Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be given a $0.37 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.06%. Johnson Controls International's dividend payout ratio (DPR) is currently 56.49%.

Wall Street Analysts Forecast Growth

JCI has been the subject of a number of recent research reports. Argus upgraded shares of 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. Citigroup cut 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. Melius Research reissued a "hold" rating and issued a $95.00 target price on shares of Johnson Controls International in a report on Tuesday, January 28th. Barclays decreased their price target on Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a research note on Monday, March 10th. Finally, Melius lowered shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 target price on the stock. in a 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. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $91.27.

Institutional Investors Weigh In On Johnson Controls International

Several large investors have recently modified their holdings of JCI. Compass Financial Services Inc bought a new position in shares of Johnson Controls International in the 4th quarter worth about $26,000. SBI Securities Co. Ltd. bought a new position in shares of Johnson Controls International during the 4th quarter worth approximately $29,000. Crowley Wealth Management Inc. acquired a new stake in shares of Johnson Controls International during the 4th quarter worth approximately $42,000. Synergy Asset Management LLC bought a new stake in shares of Johnson Controls International in the 4th quarter valued at $42,000. Finally, ST Germain D J Co. Inc. boosted its stake in Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock worth $43,000 after acquiring an additional 134 shares in the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

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.