Tredje AP fonden Has $18.54 Million Stake in Johnson Controls International plc (NYSE:JCI)

Tredje AP fonden cut its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 4.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 234,878 shares of the company's stock after selling 10,069 shares during the period. Tredje AP fonden's holdings in Johnson Controls International were worth $18,539,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Compass Financial Services Inc acquired a new position in Johnson Controls International during the fourth quarter valued at approximately $26,000. SBI Securities Co. Ltd. acquired a new position in Johnson Controls International during the fourth quarter valued at approximately $29,000. Synergy Asset Management LLC acquired a new position in Johnson Controls International during the fourth quarter valued at approximately $42,000. ST Germain D J Co. Inc. boosted 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 during the last quarter. Finally, Gables Capital Management Inc. lifted its position in shares of Johnson Controls International by 132.0% in the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock valued at $46,000 after buying an additional 330 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Price Performance

Johnson Controls International stock traded up $2.32 during mid-day trading on Friday, reaching $79.78. 4,696,595 shares of the company were exchanged, compared to its average volume of 4,172,405. The company has a fifty day simple moving average of $82.41 and a 200-day simple moving average of $79.73. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The firm has a market cap of $52.67 billion, a PE ratio of 30.45, a PEG ratio of 1.96 and a beta of 1.32.

Remove Ads

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

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be paid a $0.37 dividend. The ex-dividend date is Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.86%. Johnson Controls International's payout ratio is 56.49%.

Insider Activity

In other news, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the transaction, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International 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 transaction, the vice president now owns 24,803 shares in the company, valued at approximately $2,175,967.19. The trade was a 7.29 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 906,050 shares of company stock worth $77,839,329. Insiders own 0.54% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on JCI shares. Royal Bank of Canada raised their price objective on Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a research report on Thursday, February 6th. StockNews.com cut Johnson Controls International from a "buy" rating to a "hold" rating in a research report on Wednesday, November 20th. Wells Fargo & Company raised their price objective 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. Morgan Stanley raised their price objective on Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Finally, JPMorgan Chase & Co. raised their price objective on Johnson Controls International from $87.00 to $100.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average 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.