SRS Capital Advisors Inc. Grows Stock Position in Johnson Controls International plc (NYSE:JCI)

SRS Capital Advisors Inc. raised its holdings in Johnson Controls International plc (NYSE:JCI) by 216.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,406 shares of the company’s stock after purchasing an additional 962 shares during the period. SRS Capital Advisors Inc.’s holdings in Johnson Controls International were worth $111,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Compass Financial Services Inc bought a new stake in Johnson Controls International during the 4th quarter worth approximately $26,000. Synergy Asset Management LLC bought a new position in Johnson Controls International in the fourth quarter valued at $42,000. ST Germain D J Co. Inc. increased its stake in Johnson Controls International by 32.8% in the fourth 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 last quarter. Western Pacific Wealth Management LP purchased a new stake in Johnson Controls International during the third quarter valued at about $44,000. Finally, Heck Capital Advisors LLC bought a new stake in Johnson Controls International during the fourth quarter worth about $48,000. 90.05% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO George Oliver sold 162,894 shares of the business’s stock in a transaction dated Friday, February 14th. The shares were 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 owns 1,203,893 shares in the company, valued at $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 Securities & Exchange Commission, which is available through this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the firm’s stock in a transaction dated 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 sale, the vice president now owns 24,803 shares of the company’s stock, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 837,777 shares of company stock valued at $72,867,455 over the last quarter. 0.54% of the stock is owned by company insiders.

Analyst Ratings Changes

JCI has been the topic of several recent research reports. JPMorgan Chase & Co. increased 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. UBS Group upgraded shares of Johnson Controls International from a “neutral” rating to a “buy” rating and increased their price target for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Wells Fargo & Company upped their price objective on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Citigroup reduced their target price 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. Finally, Barclays boosted their price target on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $91.13.

Johnson Controls International Stock Performance

Johnson Controls International stock opened at $82.29 on Thursday. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The firm has a market cap of $54.32 billion, a P/E ratio of 31.41, a P/E/G ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year high of $91.14. The firm has a 50-day moving average of $82.50 and a 200-day moving average of $79.34.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share 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%. Sell-side analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Company 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.