Sanctuary Advisors LLC Reduces Holdings in Johnson Controls International plc (NYSE:JCI)

Sanctuary Advisors LLC decreased its position in shares of Johnson Controls International plc (NYSE:JCI) by 21.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 96,277 shares of the company’s stock after selling 25,902 shares during the period. Sanctuary Advisors LLC’s holdings in Johnson Controls International were worth $7,530,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Compass Financial Services Inc bought a new position in Johnson Controls International during the 4th quarter valued at about $26,000. Fortitude Family Office LLC boosted its position in shares of Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after buying an additional 278 shares during the period. Synergy Asset Management LLC bought a new position in shares of Johnson Controls International during the fourth quarter valued at approximately $42,000. ST Germain D J Co. Inc. raised its holdings in shares of Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after buying an additional 134 shares during the period. Finally, Western Pacific Wealth Management LP bought a new stake in shares of Johnson Controls International during the 3rd quarter worth approximately $44,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

JCI stock opened at $90.36 on Thursday. Johnson Controls International plc has a one year low of $56.28 and a one year high of $91.14. The firm has a market cap of $59.65 billion, a price-to-earnings ratio of 34.49, a PEG ratio of 1.98 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The firm has a 50-day simple moving average of $81.90 and a two-hundred day simple moving average of $78.18.

Johnson Controls International (NYSE:JCI) last posted its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating 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%. On average, equities analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.64%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is currently 56.49%.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on JCI. Royal Bank of Canada increased their target price on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 6th. Wells Fargo & Company raised their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Citigroup lowered 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. Robert W. Baird raised their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research report on Thursday, November 7th. Finally, Morgan Stanley boosted their price target on Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $91.13.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the company’s stock in a transaction that occurred on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the transaction, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. This represents a 0.95 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO George Oliver sold 162,894 shares of Johnson Controls International stock in a transaction on Friday, February 14th. The stock was sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the sale, the chief executive officer now owns 1,203,893 shares of the company’s stock, valued at $107,483,567.04. The trade was a 11.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 889,434 shares of company stock worth $77,215,058. 0.54% of the stock is owned by insiders.

Johnson Controls International 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.