Prescott Group Capital Management L.L.C. Purchases 4,000 Shares of Johnson Controls International plc (NYSE:JCI)

Prescott Group Capital Management L.L.C. boosted its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 100.0% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 8,000 shares of the company's stock after acquiring an additional 4,000 shares during the period. Prescott Group Capital Management L.L.C.'s holdings in Johnson Controls International were worth $631,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JCI. Ashton Thomas Private Wealth LLC lifted its stake in Johnson Controls International by 13.6% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 7,288 shares of the company's stock valued at $578,000 after buying an additional 870 shares in the last quarter. Callan Family Office LLC purchased a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $3,279,000. Vestmark Advisory Solutions Inc. boosted its stake in shares of Johnson Controls International by 7.0% in the fourth quarter. Vestmark Advisory Solutions Inc. now owns 6,991 shares of the company's stock worth $552,000 after acquiring an additional 459 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Johnson Controls International during the fourth quarter worth approximately $568,309,000. Finally, Vantage Financial Partners LLC acquired a new position in Johnson Controls International in the 4th quarter valued at $202,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of the company's stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the sale, the vice president now directly owns 24,803 shares in the company, valued at approximately $2,175,967.19. This represents a 7.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO George Oliver sold 162,894 shares of Johnson Controls International 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 sale, the chief executive officer now directly owns 1,203,893 shares in the company, valued at $107,483,567.04. The trade was a 11.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 713,280 shares of company stock valued at $62,575,288 over the last three months. Company insiders own 0.54% of the company's stock.

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Johnson Controls International Trading Down 1.3 %

JCI stock traded down $0.98 during midday trading on Tuesday, reaching $76.94. 6,666,302 shares of the company's stock traded hands, compared to its average volume of 4,710,433. The business has a 50-day moving average price of $82.49 and a two-hundred day moving average price of $79.60. 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 plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14. The company has a market capitalization of $50.79 billion, a P/E ratio of 29.37, a PEG ratio of 1.96 and a beta of 1.32.

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 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%. Equities research analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

JCI has been the topic of several recent research reports. Barclays lowered their target price on shares of Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a research note on Monday. Royal Bank of Canada upped their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a research note on Thursday, February 6th. Citigroup decreased their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating on the stock in a research note on Monday, January 13th. Argus upgraded Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price target for the company in a research report on Friday, December 20th. Finally, Melius Research reaffirmed a "hold" rating and issued a $95.00 price target on shares of Johnson Controls International in a report on Tuesday, January 28th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $91.27.

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.