224,078 Shares in Johnson Controls International plc (NYSE:JCI) Purchased by Lansforsakringar Fondforvaltning AB publ

Lansforsakringar Fondforvaltning AB publ acquired a new position in Johnson Controls International plc (NYSE:JCI - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 224,078 shares of the company's stock, valued at approximately $17,686,000.

Several other institutional investors have also bought and sold shares of JCI. Compass Financial Services Inc bought a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $26,000. SBI Securities Co. Ltd. acquired a new stake in shares of Johnson Controls International in the fourth quarter valued at $29,000. Crowley Wealth Management Inc. acquired a new stake in shares of Johnson Controls International in the fourth quarter valued at $42,000. Synergy Asset Management LLC bought a new position in Johnson Controls International during the fourth quarter valued at about $42,000. Finally, Gables Capital Management Inc. boosted its stake in Johnson Controls International by 132.0% during the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock valued at $46,000 after buying an additional 330 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

Johnson Controls International Stock Performance

JCI stock traded down $0.97 during midday trading on Friday, hitting $101.17. The stock had a trading volume of 6,829,364 shares, compared to its average volume of 4,291,995. The stock has a 50-day simple moving average of $85.48 and a 200 day simple moving average of $83.48. The firm has a market capitalization of $66.57 billion, a price-to-earnings ratio of 38.61, a P/E/G ratio of 1.96 and a beta of 1.28. Johnson Controls International plc has a 52 week low of $64.31 and a 52 week high of $102.59. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50.

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 for the quarter, topping the consensus estimate of $0.77 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. The firm had revenue of $5.68 billion for the quarter, compared to analysts' expectations of $5.64 billion. During the same period in the prior year, the firm earned $0.78 earnings per share. The company's quarterly revenue was up 1.4% compared to the same quarter last year. As a group, equities research analysts anticipate 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 disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were issued a $0.37 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.46%. Johnson Controls International's dividend payout ratio is currently 39.47%.

Insider Buying and Selling

In other Johnson Controls International news, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total transaction of $113,361.84. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director George Oliver sold 100,000 shares of the stock in a transaction dated Friday, May 9th. The stock was 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 $82,924,768.50. This trade represents a 9.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 331,133 shares of company stock valued at $27,845,646 over the last three months. Company insiders own 0.54% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on JCI shares. JPMorgan Chase & Co. raised their price objective on shares of Johnson Controls International from $81.00 to $98.00 and gave the company an "overweight" rating in a research report on Friday, May 16th. Wells Fargo & Company raised their target price on shares of Johnson Controls International from $82.00 to $100.00 and gave the stock an "overweight" rating in a report on Thursday, May 8th. Morgan Stanley lifted their price target on shares of Johnson Controls International from $105.00 to $115.00 and gave the stock an "overweight" rating in a research report on Friday, May 9th. Deutsche Bank Aktiengesellschaft raised Johnson Controls International from a "hold" rating to a "buy" rating and upped their price target for the company from $101.00 to $112.00 in a report on Monday, May 12th. Finally, Oppenheimer raised their price objective on Johnson Controls International from $90.00 to $96.00 and gave the stock an "outperform" rating in a research note on Thursday, May 8th. Eight research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $96.12.

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.