Johnson Controls International plc (NYSE:JCI) Shares Acquired by National Bank of Canada FI

National Bank of Canada FI boosted its holdings in Johnson Controls International plc (NYSE:JCI) by 47.2% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 561,762 shares of the company’s stock after buying an additional 180,112 shares during the period. National Bank of Canada FI’s holdings in Johnson Controls International were worth $32,065,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Commonwealth Equity Services LLC lifted its holdings in shares of Johnson Controls International by 7.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 87,502 shares of the company’s stock valued at $4,656,000 after acquiring an additional 5,698 shares in the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in Johnson Controls International by 103.5% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 62,577 shares of the company’s stock worth $3,330,000 after buying an additional 31,826 shares during the period. Stratos Wealth Partners LTD. lifted its holdings in Johnson Controls International by 4.6% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 6,654 shares of the company’s stock worth $354,000 after buying an additional 293 shares in the last quarter. Independent Advisor Alliance boosted its position in Johnson Controls International by 6.6% in the 3rd quarter. Independent Advisor Alliance now owns 5,328 shares of the company’s stock valued at $284,000 after buying an additional 330 shares during the last quarter. Finally, J.W. Cole Advisors Inc. boosted its position in Johnson Controls International by 21.4% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 3,827 shares of the company’s stock valued at $204,000 after buying an additional 675 shares during the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Performance

Shares of NYSE:JCI traded up $0.53 during trading on Monday, hitting $62.91. 2,726,615 shares of the company traded hands, compared to its average volume of 5,650,286. The stock has a market capitalization of $42.38 billion, a price-to-earnings ratio of 25.26, a PEG ratio of 1.59 and a beta of 1.23. Johnson Controls International plc has a one year low of $47.90 and a one year high of $70.43. The company has a quick ratio of 0.65, a current ratio of 0.87 and a debt-to-equity ratio of 0.44. The business’s fifty day moving average is $63.31 and its 200-day moving average is $57.30.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, May 1st. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.03. Johnson Controls International had a return on equity of 13.21% and a net margin of 6.32%. The firm had revenue of $6.70 billion for the quarter, compared to analyst estimates of $7.51 billion. During the same period last year, the company earned $0.75 earnings per share. The firm’s revenue for the quarter was down 6.1% on a year-over-year basis. As a group, equities analysts predict that Johnson Controls International plc will post 3.61 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Monday, March 25th were given a $0.37 dividend. The ex-dividend date was Friday, March 22nd. This represents a $1.48 annualized dividend and a yield of 2.35%. Johnson Controls International’s dividend payout ratio is presently 59.92%.

Wall Street Analysts Forecast Growth

JCI has been the topic of several recent analyst reports. Barclays cut their price target on Johnson Controls International from $61.00 to $59.00 and set an “equal weight” rating on the stock in a research note on Thursday. Argus cut Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Melius Research restated a “hold” rating on shares of Johnson Controls International in a research note on Tuesday, January 30th. StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Finally, Citigroup raised their price objective on shares of Johnson Controls International from $59.00 to $68.00 and gave the stock a “neutral” rating in a report on Monday, April 8th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $63.75.

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.