Capital International Sarl Buys 1,379 Shares of Johnson Controls International plc (NYSE:JCI)

Capital International Sarl grew its stake in Johnson Controls International plc (NYSE:JCI) by 52.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,995 shares of the company’s stock after acquiring an additional 1,379 shares during the quarter. Capital International Sarl’s holdings in Johnson Controls International were worth $315,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. Compass Financial Services Inc purchased a new stake in Johnson Controls International during the 4th quarter valued at about $26,000. SBI Securities Co. Ltd. purchased a new stake in shares of Johnson Controls International during the fourth quarter valued at approximately $29,000. Synergy Asset Management LLC bought a new stake in shares of Johnson Controls International during the fourth quarter valued at approximately $42,000. Crowley Wealth Management Inc. purchased a new position in Johnson Controls International in the 4th quarter worth approximately $42,000. Finally, ST Germain D J Co. Inc. lifted its position 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 valued at $43,000 after acquiring an additional 134 shares in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of the stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the completion of the transaction, the vice president now directly owns 24,803 shares of the company’s stock, valued at approximately $2,175,967.19. This represents a 7.29 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total value of $113,361.84. Following the completion of the sale, the vice president now directly owns 145,502 shares in the company, valued at approximately $11,599,419.44. The trade was a 0.97 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 907,286 shares of company stock worth $77,938,071. 0.54% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research analysts have recently weighed in on JCI shares. Wells Fargo & Company boosted their price target on Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Barclays lowered their target price on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Monday, March 10th. Citigroup reduced their price target on shares of Johnson Controls International from $95.00 to $85.00 and set a “neutral” rating for the company in a research note on Monday, April 14th. Royal Bank of Canada increased their price objective on shares of 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. Finally, JPMorgan Chase & Co. dropped their target price on shares of Johnson Controls International from $100.00 to $81.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International has a consensus rating of “Moderate Buy” and a consensus price target of $90.07.

Johnson Controls International Stock Performance

Shares of JCI opened at $76.77 on Friday. Johnson Controls International plc has a 52 week low of $59.83 and a 52 week high of $91.14. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The stock has a market cap of $50.68 billion, a price-to-earnings ratio of 29.30, a PEG ratio of 1.96 and a beta of 1.22. The business has a 50-day simple moving average of $81.28 and a two-hundred day simple moving average of $80.81.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating the consensus estimate 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, analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.93%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International’s dividend payout ratio (DPR) is 56.49%.

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.