Sheaff Brock Investment Advisors LLC Sells 4,700 Shares of Johnson Controls International plc (NYSE:JCI)

Sheaff Brock Investment Advisors LLC cut its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 58.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,366 shares of the company's stock after selling 4,700 shares during the period. Sheaff Brock Investment Advisors LLC's holdings in Johnson Controls International were worth $266,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JCI. Allworth Financial LP lifted its position in shares of Johnson Controls International by 6.3% in the 4th quarter. Allworth Financial LP now owns 5,913 shares of the company's stock valued at $485,000 after acquiring an additional 351 shares in the last quarter. Principal Securities Inc. lifted its position in shares of Johnson Controls International by 26.0% in the 4th quarter. Principal Securities Inc. now owns 6,880 shares of the company's stock valued at $543,000 after acquiring an additional 1,419 shares in the last quarter. Vivid Wealth Management LLC purchased a new stake in shares of Johnson Controls International in the 4th quarter valued at approximately $2,290,000. Bank Pictet & Cie Europe AG lifted its position in shares of Johnson Controls International by 67.4% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 88,569 shares of the company's stock valued at $6,991,000 after acquiring an additional 35,655 shares in the last quarter. Finally, Catalyst Financial Partners LLC lifted its position in shares of Johnson Controls International by 4.8% in the 4th quarter. Catalyst Financial Partners LLC now owns 3,154 shares of the company's stock valued at $249,000 after acquiring an additional 144 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Down 4.1 %

Shares of JCI traded down $3.60 during mid-day trading on Friday, hitting $85.23. 4,748,476 shares of the company's stock were exchanged, compared to its average volume of 4,509,988. The firm has a fifty day moving average of $82.06 and a two-hundred day moving average of $78.38. Johnson Controls International plc has a twelve month low of $57.78 and a twelve month high of $91.14. The stock has a market cap of $56.26 billion, a price-to-earnings ratio of 32.53, a P/E/G ratio of 1.99 and a beta of 1.32. 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 (NYSE:JCI - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating 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%. On average, sell-side analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were paid a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.74%. Johnson Controls International's payout ratio is presently 56.49%.

Insider Activity at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of the firm'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 transaction, the vice president now directly owns 24,803 shares in the company, valued at approximately $2,175,967.19. This trade represents a 7.29 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO George Oliver sold 162,894 shares of the stock in a transaction on Friday, February 14th. The shares were sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the sale, the chief executive officer now directly owns 1,203,893 shares of the company's stock, valued at approximately $107,483,567.04. This trade represents a 11.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 719,004 shares of company stock worth $62,950,067. 0.54% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on JCI. Wells Fargo & Company upped their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Robert W. Baird upped their price target on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a "neutral" rating in a research report on Thursday, November 7th. Barclays upped their price target on shares of Johnson Controls International from $75.00 to $83.00 and gave the company an "equal weight" rating in a research report on Thursday, December 5th. UBS Group upgraded shares of Johnson Controls International from a "neutral" rating to a "buy" rating and upped their price objective for the company from $90.00 to $103.00 in a research note on Monday, February 10th. Finally, Melius Research reiterated a "hold" rating and issued a $95.00 price objective on shares of Johnson Controls International in a research note on Tuesday, January 28th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, Johnson Controls International has an average rating of "Moderate Buy" and a consensus target price of $91.13.

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.