2,977 Shares in Johnson Controls International plc (NYSE:JCI) Purchased by Smith Moore & CO.

Smith Moore & CO. bought a new stake in shares of Johnson Controls International plc (NYSE:JCI) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 2,977 shares of the company’s stock, valued at approximately $235,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Gilbert & Cook Inc. increased its position in Johnson Controls International by 2.0% during the 4th quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company’s stock valued at $510,000 after buying an additional 127 shares in the last quarter. Jackson Hole Capital Partners LLC increased its holdings in shares of Johnson Controls International by 0.7% during the fourth quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company’s stock valued at $1,470,000 after acquiring an additional 127 shares in the last quarter. Graypoint LLC raised its position in shares of Johnson Controls International by 4.1% in the 4th quarter. Graypoint LLC now owns 3,277 shares of the company’s stock worth $259,000 after purchasing an additional 130 shares during the last quarter. ST Germain D J Co. Inc. boosted its stake in Johnson Controls International by 32.8% in 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 in the last quarter. Finally, Brooklyn Investment Group grew its position in Johnson Controls International by 3.1% during the 4th quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock valued at $351,000 after purchasing an additional 135 shares during the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Trading Down 7.0 %

NYSE:JCI opened at $71.84 on Monday. Johnson Controls International plc has a one year low of $59.83 and a one year high of $91.14. The business has a fifty day moving average price of $82.63 and a 200-day moving average price of $80.87. The firm has a market capitalization of $47.42 billion, a price-to-earnings ratio of 27.42, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 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 forecast that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.06%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s dividend payout ratio (DPR) is 56.49%.

Analysts Set New Price Targets

JCI has been the subject of several recent analyst reports. UBS Group raised shares of Johnson Controls International from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $90.00 to $103.00 in a report on Monday, February 10th. Melius Research reaffirmed a “hold” rating and issued a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. Barclays reduced their target price on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating for the company in a report on Monday, March 10th. Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target on the stock in a report on Friday, December 20th. Finally, 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 research report on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International presently has an average rating of “Moderate Buy” and a consensus price target of $91.27.

Insider Buying and Selling

In related news, CEO George Oliver sold 205,168 shares of the firm’s stock in a transaction 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 transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the sale, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 907,286 shares of company stock valued at $77,938,071. Company insiders own 0.54% of the company’s stock.

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.