Natixis Advisors LLC Increases Stock Position in Johnson Controls International plc (NYSE:JCI)

Natixis Advisors LLC raised its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 2.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 880,720 shares of the company's stock after acquiring an additional 20,303 shares during the quarter. Natixis Advisors LLC owned approximately 0.13% of Johnson Controls International worth $69,515,000 at the end of the most recent reporting period.

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

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Analyst Ratings Changes

A number of brokerages have issued reports on JCI. Citigroup cut their target price 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. JPMorgan Chase & Co. raised their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Melius downgraded 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 research note on Tuesday, January 28th. StockNews.com cut shares of Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Wednesday, November 20th. Finally, Wells Fargo & Company raised their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a report on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. Based on data from MarketBeat, Johnson Controls International presently has an average rating of "Moderate Buy" and an average target price of $91.27.

Insider Buying and Selling

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of the stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total value of $171,073.50. Following the transaction, the vice president now owns 24,803 shares of the company's stock, valued at $2,175,967.19. This represents a 7.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, 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 value of $1,214,190.81. Following the completion of the sale, the director now owns 1,003,893 shares in the company, valued at approximately $77,791,668.57. This represents a 1.54 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 906,050 shares of company stock worth $77,839,329. Company insiders own 0.54% of the company's stock.

Johnson Controls International Stock Up 0.4 %

JCI traded up $0.33 during trading hours on Thursday, hitting $83.22. 3,842,037 shares of the company's stock were exchanged, compared to its average volume of 4,659,782. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 12-month low of $59.83 and a 12-month high of $91.14. The firm has a market cap of $54.93 billion, a P/E ratio of 31.76, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The firm has a 50 day moving average of $82.56 and a 200 day moving average of $79.95.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced 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 return on equity of 15.11% and a net margin of 6.83%. Analysts predict that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

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 given a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.78%. The ex-dividend date of this dividend is Monday, March 24th. Johnson Controls International's dividend payout ratio is presently 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.