River Global Investors LLP Has $1.71 Million Stock Position in Johnson Controls International plc (NYSE:JCI)

River Global Investors LLP lowered its stake in shares of Johnson Controls International plc (NYSE:JCI) by 47.3% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 21,698 shares of the company’s stock after selling 19,493 shares during the quarter. River Global Investors LLP’s holdings in Johnson Controls International were worth $1,713,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Compass Financial Services Inc acquired a new position in shares of Johnson Controls International during the fourth quarter worth approximately $26,000. SBI Securities Co. Ltd. acquired a new position in Johnson Controls International during the 4th quarter worth $29,000. Synergy Asset Management LLC bought a new position in Johnson Controls International in the 4th quarter valued at $42,000. ST Germain D J Co. Inc. increased 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 buying an additional 134 shares during the period. Finally, Western Pacific Wealth Management LP bought a new stake in shares of Johnson Controls International during the third quarter worth $44,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on JCI shares. Royal Bank of Canada raised their price target on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a report on Thursday, February 6th. Melius lowered 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 note on Tuesday, January 28th. Citigroup dropped their price target on shares of 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. UBS Group raised shares of Johnson Controls International from a “neutral” rating to a “buy” rating and raised their price objective for the company from $90.00 to $103.00 in a research note on Monday, February 10th. Finally, JPMorgan Chase & Co. upped their target price on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $91.13.

Johnson Controls International Stock Down 1.2 %

NYSE:JCI opened at $80.07 on Friday. The stock has a market cap of $52.86 billion, a price-to-earnings ratio of 30.56, a PEG ratio of 1.96 and a beta of 1.32. 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 stock has a 50-day moving average price of $82.51 and a two-hundred day moving average price of $79.42. Johnson Controls International plc has a 1 year low of $59.83 and a 1 year high of $91.14.

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

Insider Transactions at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 1,950 shares of the business’s stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $87.73, for a total value of $171,073.50. Following the sale, the vice president now directly owns 24,803 shares in the company, valued at $2,175,967.19. The trade was a 7.29 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the transaction, the vice president now directly owns 148,346 shares of the company’s stock, valued at $11,339,568.24. This represents a 0.95 % 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. Corporate insiders own 0.54% of the company’s stock.

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.