Johnson Controls International plc (NYSE:JCI) Shares Sold by John G Ullman & Associates Inc.

John G Ullman & Associates Inc. reduced its stake in shares of Johnson Controls International plc (NYSE:JCI) by 6.3% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 7,450 shares of the company’s stock after selling 500 shares during the period. John G Ullman & Associates Inc.’s holdings in Johnson Controls International were worth $429,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JCI. First National Bank & Trust Co. of Newtown acquired a new stake in shares of Johnson Controls International during the 4th quarter valued at about $213,000. Xponance Inc. grew its position in shares of Johnson Controls International by 1.4% during the 4th quarter. Xponance Inc. now owns 89,443 shares of the company’s stock valued at $5,155,000 after acquiring an additional 1,274 shares during the period. Peterson Wealth Services acquired a new stake in shares of Johnson Controls International during the 4th quarter valued at about $1,049,000. Daiwa Securities Group Inc. boosted its holdings in Johnson Controls International by 57.3% in the 4th quarter. Daiwa Securities Group Inc. now owns 104,795 shares of the company’s stock worth $6,040,000 after buying an additional 38,166 shares during the last quarter. Finally, Scissortail Wealth Management LLC acquired a new stake in Johnson Controls International in the 4th quarter worth about $3,972,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JCI has been the topic of several research analyst reports. Wells Fargo & Company lifted their price objective on Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a report on Tuesday, April 2nd. Mizuho cut Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 price objective on the stock. in a report on Friday, February 23rd. Royal Bank of Canada lowered their price objective on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a report on Wednesday, January 31st. Citigroup raised their target price on shares of Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a research note on Monday, April 8th. Finally, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $60.00 target price (down from $65.00) on shares of Johnson Controls International in a research note on Wednesday, January 31st. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Johnson Controls International presently has a consensus rating of “Hold” and a consensus target price of $64.50.

Johnson Controls International Stock Down 0.2 %

JCI stock opened at $63.66 on Friday. The firm has a market cap of $43.38 billion, a PE ratio of 20.74, a PEG ratio of 1.60 and a beta of 1.24. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 0.97. The firm’s 50 day moving average price is $61.94 and its 200-day moving average price is $56.42. Johnson Controls International plc has a one year low of $47.90 and a one year high of $70.43.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.51. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.94 billion. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The firm’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.67 earnings per share. On average, equities research analysts anticipate that Johnson Controls International plc will post 3.61 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Monday, March 25th were given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date was Friday, March 22nd. Johnson Controls International’s payout ratio is 48.21%.

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.