Commonwealth Equity Services LLC Acquires 7,735 Shares of Johnson Controls International plc (NYSE:JCI)

Commonwealth Equity Services LLC grew its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 5.5% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 147,619 shares of the company’s stock after buying an additional 7,735 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Johnson Controls International were worth $11,652,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Compass Financial Services Inc acquired a new position in shares of Johnson Controls International during the 4th quarter worth about $26,000. SBI Securities Co. Ltd. acquired a new position in shares of Johnson Controls International during the 4th quarter worth about $29,000. Synergy Asset Management LLC acquired a new position in shares of Johnson Controls International during the 4th quarter worth about $42,000. ST Germain D J Co. Inc. increased its stake in shares of Johnson Controls International by 32.8% during the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after purchasing an additional 134 shares during the last quarter. Finally, Gables Capital Management Inc. increased its stake in shares of Johnson Controls International by 132.0% during the 4th quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock worth $46,000 after purchasing an additional 330 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 1,950 shares of the company’s stock in a transaction that occurred on Thursday, February 6th. The shares were 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 approximately $2,175,967.19. This represents a 7.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, 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 transaction of $18,060,939.04. Following the sale, the chief executive officer now directly owns 1,260,527 shares of the company’s stock, valued at approximately $110,964,191.81. This trade represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 906,050 shares of company stock valued at $77,839,329. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Performance

Shares of NYSE:JCI opened at $81.58 on Wednesday. The company’s 50 day moving average price is $82.50 and its two-hundred day moving average price is $79.93. Johnson Controls International plc has a 12-month low of $59.83 and a 12-month high of $91.14. The firm has a market cap of $53.86 billion, a PE ratio of 31.14, 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 announced its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Equities research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.81%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Melius Research restated a “hold” rating and set a $95.00 price objective on shares of Johnson Controls International in a research note on Tuesday, January 28th. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. UBS Group upgraded shares of Johnson Controls International from a “neutral” rating to a “buy” rating and upped their price target for the company from $90.00 to $103.00 in a research note on Monday, February 10th. Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target on the stock. in a research note on Tuesday, January 28th. Finally, Royal Bank of Canada upped their price target on shares of 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. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $91.27.

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.