Deprince Race & Zollo Inc. Has $29.55 Million Position in Johnson Controls International plc (NYSE:JCI)

Deprince Race & Zollo Inc. lowered its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 0.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 374,318 shares of the company's stock after selling 2,974 shares during the period. Deprince Race & Zollo Inc. owned 0.06% of Johnson Controls International worth $29,545,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main bought a new position in Johnson Controls International in the fourth quarter worth about $1,506,000. EP Wealth Advisors LLC raised its stake in shares of Johnson Controls International by 3.1% during the fourth quarter. EP Wealth Advisors LLC now owns 11,907 shares of the company's stock valued at $940,000 after purchasing an additional 362 shares in the last quarter. Crestline Management LP raised its position in shares of Johnson Controls International by 4.2% during the 4th quarter. Crestline Management LP now owns 58,872 shares of the company's stock worth $4,647,000 after buying an additional 2,378 shares in the last quarter. Cetera Investment Advisers lifted its position in Johnson Controls International by 4.4% in the fourth quarter. Cetera Investment Advisers now owns 166,383 shares of the company's stock worth $13,133,000 after purchasing an additional 7,029 shares during the period. Finally, Captrust Financial Advisors raised its stake in shares of Johnson Controls International by 3.5% in the 4th quarter. Captrust Financial Advisors now owns 72,784 shares of the company's stock worth $5,745,000 after buying an additional 2,461 shares in the last quarter. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Stock Performance

JCI traded up $0.72 during trading on Friday, reaching $91.96. 3,018,776 shares of the company's stock were exchanged, compared to its average volume of 4,389,587. The company has a market capitalization of $60.71 billion, a P/E ratio of 35.10, a PEG ratio of 1.96 and a beta of 1.28. 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 business has a 50 day moving average price of $80.63 and a 200 day moving average price of $81.60. Johnson Controls International plc has a fifty-two week low of $64.31 and a fifty-two week high of $92.41.

Johnson Controls International (NYSE:JCI - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.77 by $0.05. The company had revenue of $5.68 billion during the quarter, compared to analysts' expectations of $5.64 billion. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. The business's revenue was up 1.4% on a year-over-year basis. During the same period last year, the business earned $0.78 earnings per share. As a group, analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were paid a $0.37 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.61%. Johnson Controls International's dividend payout ratio (DPR) is presently 56.49%.

Analyst Upgrades and Downgrades

Several analysts recently commented on JCI shares. Morgan Stanley increased their target price on shares of Johnson Controls International from $105.00 to $115.00 and gave the company an "overweight" rating in a research note on Friday. Oppenheimer lifted their target price on Johnson Controls International from $90.00 to $96.00 and gave the company an "outperform" rating in a research note on Thursday. Melius downgraded shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target on the stock. in a research note on Tuesday, January 28th. UBS Group raised shares of Johnson Controls International from a "neutral" rating to a "buy" rating and raised their price objective for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Finally, Royal Bank of Canada boosted their price target on Johnson Controls International from $82.00 to $98.00 and gave the stock a "sector perform" rating in a research report on Thursday. Eight analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $92.94.

Insider Activity at Johnson Controls International

In other news, CFO Marc Vandiepenbeeck sold 28,289 shares of the stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $90.92, for a total transaction of $2,572,035.88. Following the sale, the chief financial officer now directly owns 147,673 shares of the company's stock, valued at $13,426,429.16. This represents a 16.08 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, VP Nathan D. Manning sold 1,422 shares of the business's stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total transaction of $113,361.84. Following the completion of the transaction, the vice president now owns 145,502 shares of the company's stock, valued at $11,599,419.44. This trade represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 728,458 shares of company stock valued at $62,293,059 over the last ninety days. 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.