Shufro Rose & Co. LLC Sells 67,692 Shares of Johnson Controls International plc (NYSE:JCI)

Shufro Rose & Co. LLC decreased its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 19.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 276,587 shares of the company's stock after selling 67,692 shares during the period. Johnson Controls International comprises approximately 1.7% of Shufro Rose & Co. LLC's portfolio, making the stock its 21st biggest holding. Shufro Rose & Co. LLC's holdings in Johnson Controls International were worth $21,832,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of JCI. Mackenzie Financial Corp lifted its position in shares of Johnson Controls International by 12.7% during the fourth quarter. Mackenzie Financial Corp now owns 322,297 shares of the company's stock worth $25,439,000 after acquiring an additional 36,440 shares in the last quarter. Castlekeep Investment Advisors LLC purchased a new stake in shares of Johnson Controls International during the fourth quarter worth $1,290,000. Richmond Investment Services LLC purchased a new stake in shares of Johnson Controls International during the fourth quarter worth $230,000. Public Employees Retirement System of Ohio purchased a new stake in shares of Johnson Controls International during the fourth quarter worth $22,795,000. Finally, Vise Technologies Inc. lifted its position in shares of Johnson Controls International by 91.7% during the fourth quarter. Vise Technologies Inc. now owns 14,915 shares of the company's stock worth $1,177,000 after acquiring an additional 7,136 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Johnson Controls International Trading Up 3.1%

Shares of NYSE JCI traded up $3.03 during trading hours on Tuesday, hitting $101.02. The company's stock had a trading volume of 5,541,896 shares, compared to its average volume of 4,286,549. 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 stock has a market cap of $66.48 billion, a price-to-earnings ratio of 38.56, a P/E/G ratio of 1.96 and a beta of 1.28. Johnson Controls International plc has a 12 month low of $64.31 and a 12 month high of $101.08. The business has a 50-day simple moving average of $84.76 and a 200-day simple moving average of $83.25.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.82 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.05. The company had revenue of $5.68 billion for 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%. Johnson Controls International's quarterly revenue was up 1.4% on a year-over-year basis. During the same period last year, the firm earned $0.78 earnings per share. On average, analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal 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 paid a $0.37 dividend. The ex-dividend date was Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.47%. Johnson Controls International's payout ratio is presently 39.47%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on JCI shares. UBS Group restated a "buy" rating and set a $116.00 target price (up previously from $103.00) on shares of Johnson Controls International in a research report on Thursday, May 22nd. Melius cut 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 report on Tuesday, January 28th. Vertical Research raised shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 price target on the stock in a report on Thursday, May 8th. Royal Bank of Canada increased their target price on Johnson Controls International from $82.00 to $98.00 and gave the company a "sector perform" rating in a research note on Thursday, May 8th. Finally, Deutsche Bank Aktiengesellschaft raised Johnson Controls International from a "hold" rating to a "buy" rating and raised their price objective for the company from $101.00 to $112.00 in a research note on Monday, May 12th. Eight research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $96.12.

Insider Buying and Selling

In other Johnson Controls International news, Director George Oliver sold 100,000 shares of Johnson Controls International stock in a transaction that occurred on Friday, May 9th. The stock was sold at an average price of $91.70, for a total transaction of $9,170,000.00. Following the sale, the director now directly owns 904,305 shares of the company's stock, valued at approximately $82,924,768.50. The trade was a 9.96% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Marc Vandiepenbeeck sold 28,289 shares of Johnson Controls International stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $90.92, for a total value of $2,572,035.88. Following the sale, the chief financial officer now directly owns 147,673 shares in the company, valued at approximately $13,426,429.16. The trade was a 16.08% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 331,133 shares of company stock valued at $27,845,646 over the last ninety days. 0.54% of the stock is owned by insiders.

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.