Sage Mountain Advisors LLC Buys 315 Shares of Johnson Controls International plc (NYSE:JCI)

Sage Mountain Advisors LLC boosted its stake in shares of Johnson Controls International plc (NYSE:JCI) by 4.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,400 shares of the company’s stock after buying an additional 315 shares during the quarter. Sage Mountain Advisors LLC’s holdings in Johnson Controls International were worth $584,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Compass Financial Services Inc acquired a new position in shares of Johnson Controls International in the fourth quarter worth approximately $26,000. SBI Securities Co. Ltd. bought a new position in Johnson Controls International during the 4th quarter worth approximately $29,000. Synergy Asset Management LLC acquired a new position in shares of Johnson Controls International in the 4th quarter worth approximately $42,000. ST Germain D J Co. Inc. boosted its stake in shares of 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 purchasing an additional 134 shares during the last quarter. Finally, Heck Capital Advisors LLC acquired a new stake in shares of Johnson Controls International during the fourth quarter worth $48,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

JCI opened at $76.94 on Wednesday. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year high of $91.14. The company has a market cap of $50.79 billion, a price-to-earnings ratio of 29.37, a PEG ratio of 1.96 and a beta of 1.32. The company’s fifty day moving average price is $82.45 and its two-hundred day moving average price is $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) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating 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%. On average, analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on JCI. Barclays dropped their target price on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a report on Monday. Melius Research restated a “hold” rating and set a $95.00 target price on shares of Johnson Controls International in a research report on Tuesday, January 28th. Wells Fargo & Company raised their target price on 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. boosted their price target on 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, Melius cut Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target on the stock. in a report on Tuesday, January 28th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, Johnson Controls International has a consensus rating of “Moderate Buy” and a consensus target price of $91.27.

Insider Activity

In other Johnson Controls International news, CEO George Oliver sold 162,894 shares of the firm’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the transaction, the chief executive officer now directly owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. This trade represents a 11.92 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International 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 transaction, the vice president now directly owns 24,803 shares in the company, valued at $2,175,967.19. This represents a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 706,050 shares of company stock worth $61,972,667 over the last 90 days. 0.54% of the stock is currently owned by corporate insiders.

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.