Schroder Investment Management Group Sells 147,793 Shares of Johnson Controls International plc (NYSE:JCI)

Schroder Investment Management Group cut its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 31.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 323,828 shares of the company's stock after selling 147,793 shares during the quarter. Schroder Investment Management Group's holdings in Johnson Controls International were worth $25,560,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Allianz SE purchased a new stake in Johnson Controls International during the fourth quarter valued at about $621,000. Allstate Corp bought a new stake in shares of Johnson Controls International in the fourth quarter valued at approximately $1,573,000. Orion Portfolio Solutions LLC lifted its stake in shares of Johnson Controls International by 2.4% during the 4th quarter. Orion Portfolio Solutions LLC now owns 30,061 shares of the company's stock valued at $2,373,000 after buying an additional 700 shares in the last quarter. Pictet Asset Management Holding SA boosted its holdings in Johnson Controls International by 24.7% in the 4th quarter. Pictet Asset Management Holding SA now owns 2,589,764 shares of the company's stock worth $204,410,000 after buying an additional 512,770 shares during the period. Finally, New Age Alpha Advisors LLC purchased a new position in Johnson Controls International in the 4th quarter valued at approximately $2,536,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

Johnson Controls International Price Performance

NYSE:JCI traded up $0.22 during midday trading on Monday, hitting $71.92. The company had a trading volume of 7,058,468 shares, compared to its average volume of 4,437,498. The stock's fifty day moving average price is $82.53 and its 200-day moving average price is $80.85. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $47.47 billion, a PE ratio of 27.45, 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 data on Wednesday, February 5th. The company reported $0.64 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%. As a group, research analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders 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 dividend on an annualized basis and a dividend yield of 2.06%. Johnson Controls International's payout ratio is 56.49%.

Insider Transactions at Johnson Controls International

In other news, CEO George Oliver sold 205,168 shares of the business's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $88.03, for a total value of $18,060,939.04. Following the completion of the sale, the chief executive officer now owns 1,260,527 shares of the company's stock, valued at approximately $110,964,191.81. The trade was a 14.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 owns 148,346 shares of the company's stock, valued at $11,339,568.24. This represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 907,286 shares of company stock worth $77,938,071. 0.54% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on JCI shares. Barclays dropped their target price on Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a research report on Monday, March 10th. Royal Bank of Canada increased 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. Melius lowered Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 target price for the company. in a report on Tuesday, January 28th. Wells Fargo & Company upped their price target 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. Finally, Citigroup cut their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating for the company in a research report on Monday, January 13th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $91.27.

Johnson Controls International Company 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.