Foguth Wealth Management LLC. Sells 214 Shares of Johnson Controls International plc (NYSE:JCI)

Foguth Wealth Management LLC. decreased its position in Johnson Controls International plc (NYSE:JCI) by 6.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,981 shares of the company’s stock after selling 214 shares during the quarter. Foguth Wealth Management LLC.’s holdings in Johnson Controls International were worth $243,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of 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 worth $418,439,000 after purchasing an additional 4,514,792 shares in the last quarter. Fisher Asset Management LLC grew its position in Johnson Controls International by 3.4% during the third quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock worth $1,187,084,000 after buying an additional 509,293 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in Johnson Controls International during the fourth quarter worth approximately $32,609,000. Worldquant Millennium Advisors LLC bought a new position in Johnson Controls International during the 3rd quarter worth $25,065,000. Finally, State Street Corp raised its holdings in Johnson Controls International by 1.1% in the 3rd quarter. State Street Corp now owns 27,939,766 shares of the company’s stock valued at $2,178,595,000 after acquiring an additional 300,712 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently issued reports on JCI. JPMorgan Chase & Co. reduced their target price on Johnson Controls International from $88.00 to $87.00 and set an “overweight” rating on the stock in a report on Wednesday, January 15th. Mizuho increased their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Melius cut shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price for the company. in a research report on Tuesday, January 28th. Wells Fargo & Company decreased their price objective on shares of Johnson Controls International from $95.00 to $92.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 7th. Finally, Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research note on Friday, December 20th. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to MarketBeat, Johnson Controls International presently has a consensus rating of “Hold” and an average target price of $87.20.

Johnson Controls International Trading Up 0.5 %

Shares of JCI stock opened at $77.35 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The firm has a market capitalization of $51.06 billion, a P/E ratio of 30.45, a P/E/G ratio of 2.24 and a beta of 1.32. Johnson Controls International plc has a twelve month low of $52.79 and a twelve month high of $87.16. The stock’s fifty day simple moving average is $80.72 and its 200 day simple moving average is $76.69.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results 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 14.51% and a net margin of 6.49%. As a group, sell-side analysts predict that Johnson Controls International plc will post 3.45 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.91%. Johnson Controls International’s dividend payout ratio (DPR) is presently 58.27%.

Insider Buying and Selling

In other news, EVP Marlon Sullivan sold 7,230 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the sale, the executive vice president now owns 32,246 shares of the company’s stock, valued at $2,687,704.10. This trade represents a 18.31 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the transaction, the vice president now owns 148,346 shares in the company, valued at approximately $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 have sold a total of 649,208 shares of company stock valued at $54,081,073 over the last 90 days. 0.54% of the stock is owned by 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.