SageView Advisory Group LLC Boosts Stock Position in Johnson Controls International plc (NYSE:JCI)

SageView Advisory Group LLC boosted its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 129.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,111 shares of the company's stock after purchasing an additional 4,008 shares during the period. SageView Advisory Group LLC's holdings in Johnson Controls International were worth $561,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Synovus Financial Corp acquired a new stake in shares of Johnson Controls International in the fourth quarter valued at about $225,000. Sagespring Wealth Partners LLC bought a new position in Johnson Controls International during the fourth quarter worth $1,227,000. Townsquare Capital LLC lifted its holdings in Johnson Controls International by 14.1% in the fourth quarter. Townsquare Capital LLC now owns 16,093 shares of the company's stock valued at $1,270,000 after buying an additional 1,992 shares during the period. Crux Wealth Advisors bought a new stake in Johnson Controls International during the fourth quarter valued at $646,000. Finally, Rockefeller Capital Management L.P. grew its holdings in Johnson Controls International by 2.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 420,641 shares of the company's stock worth $33,194,000 after acquiring an additional 9,268 shares during the period. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Stock Performance

JCI traded up $0.11 during trading on Friday, hitting $76.77. 4,893,466 shares of the company traded hands, compared to its average volume of 4,472,177. The firm has a market cap of $50.68 billion, a P/E ratio of 29.30, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a one year low of $59.83 and a one year high of $91.14. The stock's fifty day moving average is $81.28 and its 200 day moving average is $80.78.

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

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.93%. The ex-dividend date was Monday, March 24th. Johnson Controls International's dividend payout ratio is currently 56.49%.

Analyst Ratings Changes

Several research firms recently commented on JCI. UBS Group raised Johnson Controls International from a "neutral" rating to a "buy" rating and raised their target price for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. JPMorgan Chase & Co. cut their price objective on shares of Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Wells Fargo & Company boosted their target price on Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Citigroup reduced their price objective on Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a research note on Monday, April 14th. Finally, Morgan Stanley increased their target price on Johnson Controls International from $95.00 to $105.00 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 assigned a buy rating to the stock. According to MarketBeat.com, Johnson Controls International currently has a consensus rating of "Moderate Buy" and an average target price of $90.07.

Insider Buying and Selling at Johnson Controls International

In other news, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now directly owns 148,346 shares of the company's stock, valued at approximately $11,339,568.24. This represents a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO George Oliver sold 205,168 shares of the business's stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the transaction, the chief executive officer now directly owns 1,260,527 shares of the company's stock, valued at approximately $110,964,191.81. This represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 907,286 shares of company stock valued at $77,938,071 over the last three months. 0.54% of the stock is currently owned by insiders.

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.