National Bank of Canada FI Sells 1,262,458 Shares of Johnson Controls International plc (NYSE:JCI)

National Bank of Canada FI decreased its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 97.6% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 30,968 shares of the company's stock after selling 1,262,458 shares during the period. National Bank of Canada FI's holdings in Johnson Controls International were worth $2,445,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Park Avenue Securities LLC lifted its holdings in shares of Johnson Controls International by 101.5% in the fourth 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 in the last quarter. Certuity LLC purchased a new position in shares of Johnson Controls International during the 4th quarter valued at $243,000. Y Intercept Hong Kong Ltd increased its holdings in shares of Johnson Controls International by 136.8% in the third quarter. Y Intercept Hong Kong Ltd now owns 91,248 shares of the company's stock worth $7,082,000 after purchasing an additional 52,719 shares during the period. Geode Capital Management LLC raised its position in shares of Johnson Controls International by 0.5% in the third 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 in the last quarter. Finally, BNC Wealth Management LLC purchased a new position in Johnson Controls International during the fourth quarter worth about $2,093,000. Institutional investors own 90.05% of the company's stock.

Johnson Controls International Trading Up 1.9 %

JCI traded up $1.45 during midday trading on Friday, reaching $77.68. 3,026,682 shares of the company's stock traded hands, compared to its average volume of 4,469,610. Johnson Controls International plc has a 52 week low of $59.83 and a 52 week high of $91.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The firm has a fifty day moving average of $82.34 and a two-hundred day moving average of $80.79. The stock has a market capitalization of $51.28 billion, a price-to-earnings ratio of 29.65, a P/E/G ratio of 1.96 and a beta of 1.22.

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Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping analysts' consensus estimates 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, equities analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share 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. Shareholders of record on Monday, March 24th will be issued a $0.37 dividend. The ex-dividend date is Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.91%. Johnson Controls International's dividend payout ratio (DPR) is presently 56.49%.

Insiders Place Their Bets

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 1,950 shares of the firm's stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total transaction of $171,073.50. Following the completion of the transaction, the vice president now owns 24,803 shares of the company's stock, valued at approximately $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO George Oliver sold 162,894 shares of the business's stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $89.28, for a total value of $14,543,176.32. Following the completion of the sale, the chief executive officer now directly owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. This represents a 11.92 % decrease in their ownership of the stock. 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. Company insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

JCI has been the subject of a number of research analyst reports. Morgan Stanley lifted their price target on Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Argus raised 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 report on Friday, December 20th. JPMorgan Chase & Co. reduced their target price on Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating on the stock in a research note on Tuesday. Royal Bank of Canada upped their price objective on Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a report on Thursday, February 6th. Finally, 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 report on Monday, February 10th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $90.00.

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.