29,014 Shares in Johnson Controls International plc (NYSE:JCI) Bought by Vivid Wealth Management LLC

Vivid Wealth Management LLC bought a new stake in Johnson Controls International plc (NYSE:JCI - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 29,014 shares of the company's stock, valued at approximately $2,290,000.

Several other hedge funds have also recently added to or reduced their stakes in JCI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Johnson Controls International by 514.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company's stock valued at $418,439,000 after purchasing an additional 4,514,792 shares during the last quarter. Fisher Asset Management LLC increased its holdings in Johnson Controls International by 3.4% during the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company's stock valued at $1,187,084,000 after purchasing an additional 509,293 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in Johnson Controls International in the 4th quarter valued at $32,609,000. Worldquant Millennium Advisors LLC acquired a new position in Johnson Controls International in the third quarter worth $25,065,000. Finally, State Street Corp grew its holdings in shares of Johnson Controls International by 1.1% during the third quarter. State Street Corp now owns 27,939,766 shares of the company's stock worth $2,178,595,000 after purchasing an additional 300,712 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

Wall Street Analysts Forecast Growth

JCI has been the topic of a number of research analyst reports. Citigroup decreased their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a "neutral" rating on the stock in a report on Monday, January 13th. Barclays upped their price target on Johnson Controls International from $75.00 to $83.00 and gave the company an "equal weight" rating in a research note on Thursday, December 5th. Argus upgraded Johnson Controls International from a "hold" rating to a "buy" rating and set a $88.00 price objective for the company in a research report on Friday, December 20th. Melius downgraded shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 target price on the stock. in a research report on Tuesday, January 28th. Finally, StockNews.com lowered shares of Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Wednesday, November 20th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $91.13.

Insider Transactions at Johnson Controls International

In related news, CEO George Oliver sold 162,894 shares of the business's stock in a transaction that occurred on Friday, February 14th. The stock was sold at an average price of $89.28, for a total value of $14,543,176.32. Following the completion of the sale, the chief executive officer now directly owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. The trade was a 11.92 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Marlon Sullivan sold 7,230 shares of the business's stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total value of $602,620.50. Following the completion of the transaction, the executive vice president now directly owns 32,246 shares of the company's stock, valued at approximately $2,687,704.10. This trade represents a 18.31 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 889,434 shares of company stock valued at $77,215,058. 0.54% of the stock is currently owned by corporate insiders.

Johnson Controls International Stock Performance

Shares of JCI stock traded down $0.25 on Wednesday, reaching $90.36. The stock had a trading volume of 2,118,492 shares, compared to its average volume of 4,529,750. 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 firm's 50-day moving average is $81.90 and its two-hundred day moving average is $78.18. The firm has a market capitalization of $59.65 billion, a price-to-earnings ratio of 34.49, a P/E/G ratio of 1.98 and a beta of 1.32. Johnson Controls International plc has a 12 month low of $56.28 and a 12 month high of $91.14.

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, topping 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, research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.64%. The ex-dividend date was Monday, December 23rd. Johnson Controls International's payout ratio is 56.49%.

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.