Legacy Solutions LLC Takes Position in Johnson Controls International plc (NYSE:JCI)

Legacy Solutions LLC bought a new position in shares of Johnson Controls International plc (NYSE:JCI) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,005 shares of the company’s stock, valued at approximately $237,000.

Other large investors have also added to or reduced their stakes in the company. Exchange Traded Concepts LLC increased its stake in shares of Johnson Controls International by 170.8% in the 3rd quarter. Exchange Traded Concepts LLC now owns 1,763 shares of the company’s stock valued at $137,000 after acquiring an additional 1,112 shares in the last quarter. Creative Planning increased its stake in Johnson Controls International by 11.1% in the third quarter. Creative Planning now owns 73,594 shares of the company’s stock valued at $5,712,000 after purchasing an additional 7,375 shares in the last quarter. Resonant Capital Advisors LLC bought a new position in shares of Johnson Controls International during the 3rd quarter worth about $240,000. Whittier Trust Co. of Nevada Inc. grew its stake in Johnson Controls International by 15.4% in the third quarter. Whittier Trust Co. of Nevada Inc. now owns 1,652 shares of the company’s stock valued at $128,000 after acquiring an additional 220 shares during the period. Finally, Jade Capital Advisors LLC boosted its holdings in Johnson Controls International by 200.0% during the 3rd quarter. Jade Capital Advisors LLC now owns 60,000 shares of the company’s stock worth $4,657,000 after acquiring an additional 40,000 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

JCI has been the subject of a number of recent analyst reports. Citigroup reduced their price objective on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. JPMorgan Chase & Co. boosted their target price on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Royal Bank of Canada increased their price objective on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a report on Thursday, February 6th. Oppenheimer lifted their target price on shares of Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Finally, StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $91.13.

Johnson Controls International Trading Up 1.0 %

Shares of JCI opened at $90.64 on Wednesday. The firm’s 50-day moving average price is $81.78 and its 200-day moving average price is $78.09. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $59.83 billion, a price-to-earnings ratio of 34.59, a PEG ratio of 1.98 and a beta of 1.32. Johnson Controls International plc has a 1-year low of $56.28 and a 1-year high of $91.14.

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 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%. Sell-side analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.63%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The shares were sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the completion of 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 represents a 14.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of the company’s 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 sale, the vice president now owns 148,346 shares of the company’s stock, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 889,434 shares of company stock worth $77,215,058. 0.54% of the stock is owned by corporate 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.