Cary Street Partners Financial LLC Buys New Shares in Johnson Controls International plc (NYSE:JCI)

Cary Street Partners Financial LLC purchased a new position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 63,181 shares of the company's stock, valued at approximately $4,987,000.

Other hedge funds also recently made changes to their positions in the company. Compass Financial Services Inc purchased a new position in shares of Johnson Controls International in the 4th quarter worth $26,000. SBI Securities Co. Ltd. acquired a new position in shares of Johnson Controls International in the 4th quarter valued at about $29,000. Crowley Wealth Management Inc. purchased a new stake in shares of Johnson Controls International during the 4th quarter worth about $42,000. Synergy Asset Management LLC purchased a new position in Johnson Controls International in the fourth quarter valued at approximately $42,000. Finally, ST Germain D J Co. Inc. raised its holdings in 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 valued at $43,000 after buying an additional 134 shares during the period. Institutional investors and hedge funds own 90.05% of the company's stock.

Insider Buying and Selling at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of the stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the transaction, the vice president now owns 24,803 shares in the company, valued at $2,175,967.19. This represents a 7.29 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO George Oliver sold 205,168 shares of the company's stock in a transaction that occurred on Friday, February 7th. The stock was 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 disclosure for this sale can be found here. Over the last 90 days, insiders have sold 907,287 shares of company stock worth $77,953,036. 0.54% of the stock is owned by company insiders.

Johnson Controls International Trading Up 0.4 %

Johnson Controls International stock opened at $89.31 on Tuesday. 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's 50-day moving average is $80.06 and its 200-day moving average is $81.25. Johnson Controls International plc has a 1 year low of $62.10 and a 1 year high of $91.14. The company has a market cap of $58.96 billion, a P/E ratio of 34.09, a PEG ratio of 1.96 and a beta of 1.22.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly 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%. On average, equities analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's payout ratio is 56.49%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on JCI shares. Melius Research reissued a "hold" rating and issued a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. Melius lowered Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective on the stock. in a research report on Tuesday, January 28th. Morgan Stanley upped their target price on Johnson Controls International from $95.00 to $105.00 and gave the stock an "overweight" rating in a research report on Thursday, February 6th. Royal Bank of Canada boosted their price target on Johnson Controls International from $86.00 to $93.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 6th. Finally, Citigroup lowered their price objective on shares of Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Eight 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, Johnson Controls International presently has an average rating of "Moderate Buy" and an average price target of $90.07.

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.

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