PDS Planning Inc Takes $192,000 Position in Johnson Controls International plc (NYSE:JCI)

PDS Planning Inc purchased a new position in shares of Johnson Controls International plc (NYSE:JCI) during the fourth quarter, HoldingsChannel reports. The firm purchased 2,433 shares of the company’s stock, valued at approximately $192,000.

Other institutional investors also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new position in Johnson Controls International during the 4th quarter worth about $568,309,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Johnson Controls International by 514.9% during the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock worth $418,439,000 after acquiring an additional 4,514,792 shares during the last quarter. Amundi lifted its stake in shares of Johnson Controls International by 76.7% in the fourth quarter. Amundi now owns 3,870,478 shares of the company’s stock worth $309,422,000 after acquiring an additional 1,680,431 shares during the period. ANTIPODES PARTNERS Ltd boosted its holdings in Johnson Controls International by 391,951.9% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 1,215,361 shares of the company’s stock valued at $95,936,000 after acquiring an additional 1,215,051 shares during the last quarter. Finally, AMF Tjanstepension AB increased its position in Johnson Controls International by 500.7% during the 4th quarter. AMF Tjanstepension AB now owns 1,048,377 shares of the company’s stock valued at $82,797,000 after purchasing an additional 873,841 shares during the period. Institutional investors own 90.05% of the company’s stock.

Insider Activity

In other news, CEO George Oliver sold 205,168 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The stock was sold at an average price of $88.03, for a total value of $18,060,939.04. Following the completion of the transaction, the chief executive officer now directly owns 1,260,527 shares of the company’s stock, valued at $110,964,191.81. This represents a 14.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now directly owns 148,346 shares of the company’s stock, valued at $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 906,050 shares of company stock worth $77,839,329 over the last quarter. Insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on JCI. StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Melius downgraded Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target for the company. in a report on Tuesday, January 28th. Royal Bank of Canada boosted their price objective on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research note on Thursday, February 6th. Citigroup decreased their target price on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Finally, UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price target for the company from $90.00 to $103.00 in a research note on Monday, February 10th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $91.27.

Johnson Controls International Trading Up 1.6 %

JCI opened at $82.91 on Thursday. The firm has a market capitalization of $54.73 billion, a PE ratio of 31.64, a P/E/G ratio of 1.96 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14. The company’s 50-day moving average is $82.56 and its 200 day moving average is $79.95.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating 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, research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently announced 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 of this dividend is Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.79%. 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.