Victory Capital Management Inc. Sells 60,996 Shares of Johnson Controls International plc (NYSE:JCI)

Victory Capital Management Inc. trimmed its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 9.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 564,619 shares of the company's stock after selling 60,996 shares during the quarter. Victory Capital Management Inc. owned approximately 0.09% of Johnson Controls International worth $44,565,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in JCI. Compass Financial Services Inc acquired a new position in Johnson Controls International during the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. acquired a new position in Johnson Controls International in the 4th quarter valued at approximately $29,000. Synergy Asset Management LLC acquired a new position in Johnson Controls International in the 4th quarter valued at approximately $42,000. ST Germain D J Co. Inc. increased its position in Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock valued at $43,000 after acquiring an additional 134 shares during the period. Finally, Heck Capital Advisors LLC acquired a new position in Johnson Controls International in the 4th quarter valued at approximately $48,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 1,950 shares of the stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the completion of the transaction, the vice president now directly owns 24,803 shares of the company's stock, valued at approximately $2,175,967.19. This represents a 7.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible 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 value of $14,543,176.32. Following the transaction, 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. Insiders sold a total of 713,280 shares of company stock valued at $62,575,288 over the last three months. Corporate insiders own 0.54% of the company's stock.

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Analyst Upgrades and Downgrades

Several brokerages have issued reports on JCI. Barclays decreased their price target on shares of Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating for the company in a research report on Monday. Royal Bank of Canada upped their price target on shares of 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. Morgan Stanley upped their price target on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Melius cut shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target for the company. in a research report on Tuesday, January 28th. Finally, JPMorgan Chase & Co. upped 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. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $91.27.

Johnson Controls International Stock Down 1.3 %

NYSE JCI traded down $0.98 on Tuesday, hitting $76.94. 6,666,302 shares of the company were exchanged, compared to its average volume of 4,710,433. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14. The company has a market cap of $50.79 billion, a PE ratio of 29.37, a PEG ratio of 1.96 and a beta of 1.32. The stock has a fifty day moving average of $82.45 and a 200-day moving average of $79.64. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping 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, analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

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.