DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main Takes Position in Johnson Controls International plc (NYSE:JCI)

DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main purchased a new position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 19,080 shares of the company's stock, valued at approximately $1,506,000.

Several other hedge funds also recently modified their holdings of JCI. Compass Financial Services Inc bought a new stake in Johnson Controls International in the fourth quarter valued at $26,000. SBI Securities Co. Ltd. bought a new stake in Johnson Controls International during the 4th quarter worth approximately $29,000. Synergy Asset Management LLC purchased a new position in shares of Johnson Controls International during the fourth quarter valued at approximately $42,000. Crowley Wealth Management Inc. purchased a new stake in Johnson Controls International in the 4th quarter valued at $42,000. Finally, ST Germain D J Co. Inc. lifted its stake in Johnson Controls International by 32.8% during 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. Institutional investors own 90.05% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Melius Research reaffirmed a "hold" rating and set a $95.00 target price on shares of Johnson Controls International in a research report on Tuesday, January 28th. Citigroup lowered their target price on shares of Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Barclays upped their price objective on shares of Johnson Controls International from $85.00 to $90.00 and gave the company an "equal weight" rating in a research note on Wednesday. Morgan Stanley lifted their target price on shares of Johnson Controls International from $105.00 to $115.00 and gave the stock an "overweight" rating in a research note on Friday, May 9th. Finally, Melius cut Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective for the company. in a report on Tuesday, January 28th. Eight research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $94.35.

Johnson Controls International Stock Performance

NYSE JCI traded up $0.30 during trading hours on Thursday, reaching $96.65. The stock had a trading volume of 2,544,750 shares, compared to its average volume of 4,387,615. Johnson Controls International plc has a 52-week low of $64.31 and a 52-week high of $97.11. The stock has a market cap of $63.60 billion, a P/E ratio of 36.89, a price-to-earnings-growth ratio of 1.96 and a beta of 1.28. The stock has a fifty day moving average of $81.52 and a 200 day moving average of $81.96. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02.

Johnson Controls International (NYSE:JCI - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 earnings per share for the quarter, topping analysts' consensus estimates of $0.77 by $0.05. The company had revenue of $5.68 billion for the quarter, compared to analyst estimates of $5.64 billion. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. The firm's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.78 earnings per share. Sell-side analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 1.53%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is presently 39.47%.

Insider Activity

In other Johnson Controls International news, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction on Thursday, May 1st. The stock was sold at an average price of $86.91, for a total transaction of $123,586.02. Following the transaction, the vice president now owns 144,704 shares of the company's stock, valued at $12,576,224.64. This represents a 0.97% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, Director George Oliver sold 100,000 shares of the stock in a transaction on Friday, May 9th. The shares were sold at an average price of $91.70, for a total value of $9,170,000.00. Following the completion of the sale, the director now owns 904,305 shares of the company's stock, valued at approximately $82,924,768.50. This represents a 9.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 623,290 shares of company stock valued at $53,188,746. 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.