Johnson Controls International Target of Unusually Large Options Trading (NYSE:JCI)

Johnson Controls International plc (NYSE:JCI - Get Free Report) was the target of unusually large options trading on Wednesday. Investors purchased 19,207 call options on the stock. This is an increase of approximately 1,963% compared to the typical daily volume of 931 call options.

Insider Buying and Selling

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the sale, the vice president now directly owns 24,803 shares in the company, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO George Oliver sold 205,168 shares of the company's stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the completion of the transaction, the chief executive officer now owns 1,260,527 shares of the company's stock, valued at approximately $110,964,191.81. This trade represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 907,286 shares of company stock valued at $77,938,071. Insiders own 0.54% of the company's stock.

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Institutional Trading of Johnson Controls International

Several hedge funds and other institutional investors have recently modified their holdings of JCI. Compass Financial Services Inc purchased a new stake in Johnson Controls International in the 4th quarter worth about $26,000. SBI Securities Co. Ltd. acquired a new position in shares of Johnson Controls International in the 4th quarter valued at about $29,000. Synergy Asset Management LLC purchased a new stake in shares of Johnson Controls International in the fourth quarter worth approximately $42,000. Crowley Wealth Management Inc. acquired a new stake in shares of Johnson Controls International during the fourth quarter worth approximately $42,000. Finally, ST Germain D J Co. Inc. grew its position in Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock valued at $43,000 after purchasing an additional 134 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

Johnson Controls International Trading Up 0.3 %

JCI traded up $0.22 during trading on Monday, reaching $71.92. The company had a trading volume of 7,058,468 shares, compared to its average volume of 4,437,488. The firm's 50-day simple moving average is $82.53 and its 200 day simple moving average is $80.85. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The company has a market cap of $47.47 billion, a price-to-earnings ratio of 27.45, a PEG ratio of 1.96 and a beta of 1.22. Johnson Controls International has a 12-month low of $59.83 and a 12-month high of $91.14.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its earnings results 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 anticipate that Johnson Controls International 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 will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 2.06%. The ex-dividend date of this dividend is Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is currently 56.49%.

Wall Street Analyst Weigh In

JCI has been the subject of several recent analyst reports. Melius Research reissued a "hold" rating and issued a $95.00 price target on shares of Johnson Controls International in a research note on Tuesday, January 28th. Citigroup lowered 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. Wells Fargo & Company upped their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. raised their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Finally, Royal Bank of Canada upped their target price on Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus 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.