First Hawaiian Bank Decreases Stock Holdings in Johnson Controls International plc (NYSE:JCI)

First Hawaiian Bank trimmed its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 8.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 67,934 shares of the company's stock after selling 6,132 shares during the quarter. First Hawaiian Bank's holdings in Johnson Controls International were worth $5,442,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of JCI. Compass Financial Services Inc bought a new position in Johnson Controls International during the 4th quarter valued at about $26,000. SBI Securities Co. Ltd. bought a new position in Johnson Controls International during the 4th quarter valued at about $29,000. Synergy Asset Management LLC bought a new position in Johnson Controls International during the 4th quarter valued at about $42,000. Crowley Wealth Management Inc. bought a new position in Johnson Controls International during the 4th quarter valued at about $42,000. Finally, Gables Capital Management Inc. lifted its stake in Johnson Controls International by 132.0% during the 4th quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock valued at $46,000 after acquiring an additional 330 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. Robert W. Baird raised their price objective on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and boosted their target price for the company from $101.00 to $112.00 in a research report on Monday, May 12th. Barclays boosted their target price on shares of Johnson Controls International from $85.00 to $90.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 14th. Royal Bank of Canada boosted their target price on shares of Johnson Controls International from $82.00 to $98.00 and gave the company a "sector perform" rating in a research report on Thursday, May 8th. Finally, UBS Group restated a "buy" rating and set a $116.00 target price (up from $103.00) on shares of Johnson Controls International in a research report on Thursday, May 22nd. Eight equities 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 currently has an average rating of "Moderate Buy" and an average target price of $96.12.

Johnson Controls International Price Performance

Shares of JCI traded down $1.64 during mid-day trading on Monday, reaching $99.73. The stock had a trading volume of 1,952,715 shares, compared to its average volume of 4,674,466. The firm has a market cap of $65.63 billion, a price-to-earnings ratio of 38.07, a PEG 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 $102.36. The business has a fifty day moving average of $85.82 and a 200 day moving average of $83.56. 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 posted its quarterly earnings results 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. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. The business had revenue of $5.68 billion during the quarter, compared to analyst estimates of $5.64 billion. During the same period in the prior year, the business posted $0.78 earnings per share. The company's revenue was up 1.4% on a year-over-year basis. Equities analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

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

Insider Transactions at Johnson Controls International

In other news, Director George Oliver sold 100,000 shares of the business's 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 transaction, the director now 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the business's stock in a transaction 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 directly owns 145,502 shares in the company, 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. Over the last quarter, insiders have sold 331,133 shares of company stock valued at $27,845,646. 0.54% of the stock is currently owned by corporate 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.