Daiwa Securities Group Inc. Buys 26,784 Shares of Johnson Controls International plc (NYSE:JCI)

Daiwa Securities Group Inc. lifted its position in Johnson Controls International plc (NYSE:JCI) by 13.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 224,590 shares of the company’s stock after buying an additional 26,784 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Johnson Controls International were worth $17,727,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new stake in Johnson Controls International in the fourth quarter valued at $26,000. SBI Securities Co. Ltd. bought a new stake in shares of Johnson Controls International in the 4th quarter valued at about $29,000. Synergy Asset Management LLC acquired a new stake in Johnson Controls International in the 4th quarter valued at about $42,000. ST Germain D J Co. Inc. lifted its stake in 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 bought a new position in Johnson Controls International during the fourth quarter worth about $48,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Stock Performance

Shares of NYSE:JCI opened at $77.96 on Tuesday. Johnson Controls International plc has a 12-month low of $59.83 and a 12-month high of $91.14. The company’s 50 day moving average price is $82.49 and its two-hundred day moving average price is $79.60. The firm has a market cap of $51.47 billion, a PE ratio of 29.76, a PEG ratio of 1.96 and a beta of 1.32. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results 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%. Equities research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 129,263 shares of the firm’s stock in a transaction dated Tuesday, February 25th. The shares were sold at an average price of $83.55, for a total value of $10,799,923.65. Following the transaction, the chief executive officer now directly owns 1,203,893 shares of the company’s stock, valued at $100,585,260.15. This trade represents a 9.70 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the company’s stock in a transaction that occurred 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 sale, the vice president now directly owns 24,803 shares of the company’s stock, valued at approximately $2,175,967.19. This trade represents a 7.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 713,280 shares of company stock valued at $62,575,288 over the last quarter. 0.54% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

JCI has been the topic of several research analyst reports. Barclays dropped their price objective on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Monday. JPMorgan Chase & Co. increased 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. Citigroup reduced their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research report on Monday, January 13th. Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective on the stock. in a research report on Tuesday, January 28th. Finally, Morgan Stanley raised their target price on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Johnson Controls International has an average rating of “Moderate Buy” and an average price target of $91.27.

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.