Kera Capital Partners Inc. Makes New Investment in Johnson Controls International plc (NYSE:JCI)

Kera Capital Partners Inc. bought a new stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 3,387 shares of the company's stock, valued at approximately $271,000.

Several other large investors have also recently made changes to their positions in the business. Vanguard Group Inc. grew its stake in shares of Johnson Controls International by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 68,156,110 shares of the company's stock worth $5,379,562,000 after buying an additional 179,743 shares during the last quarter. Franklin Resources Inc. boosted its holdings in Johnson Controls International by 6.0% in the fourth quarter. Franklin Resources Inc. now owns 23,344,374 shares of the company's stock worth $1,842,571,000 after acquiring an additional 1,325,500 shares in the last quarter. Invesco Ltd. grew its stake in shares of Johnson Controls International by 13.2% in the fourth quarter. Invesco Ltd. now owns 18,407,597 shares of the company's stock worth $1,452,912,000 after acquiring an additional 2,150,573 shares during the last quarter. Fisher Asset Management LLC increased its holdings in shares of Johnson Controls International by 2.9% during the fourth quarter. Fisher Asset Management LLC now owns 15,743,019 shares of the company's stock valued at $1,242,597,000 after acquiring an additional 447,513 shares in the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Johnson Controls International by 2.5% during the fourth quarter. Geode Capital Management LLC now owns 13,818,777 shares of the company's stock valued at $1,087,670,000 after acquiring an additional 343,517 shares in the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, Director George Oliver sold 184,331 shares of Johnson Controls International stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $79.49, for a total transaction of $14,652,471.19. Following the completion of the sale, the director now directly owns 1,019,562 shares of the company's stock, valued at $81,044,983.38. The trade was a 15.31% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $79.72, for a total value of $113,361.84. Following the completion of the sale, the vice president now owns 145,502 shares of the company's stock, valued at $11,599,419.44. The trade was a 0.97% 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 in the last three months. Company insiders own 0.54% of the company's stock.

Johnson Controls International Price Performance

Shares of NYSE JCI traded down $0.97 during mid-day trading on Friday, hitting $101.17. 6,829,364 shares of the company's stock traded hands, compared to its average volume of 4,291,993. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. Johnson Controls International plc has a 1 year low of $64.31 and a 1 year high of $102.36. The company's 50-day moving average is $85.82 and its two-hundred day moving average is $83.59. The company has a market capitalization of $66.57 billion, a P/E ratio of 38.61, a PEG ratio of 1.96 and a beta of 1.28.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 earnings per share for the quarter, beating 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 for the quarter, compared to analysts' expectations of $5.64 billion. During the same quarter in the previous year, the business posted $0.78 earnings per share. The business's revenue was up 1.4% compared to the same quarter last year. On average, equities analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were issued a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.46%. Johnson Controls International's payout ratio is 39.47%.

Analyst Ratings Changes

A number of brokerages recently issued reports on JCI. Robert W. Baird upped their price target on shares of Johnson Controls International from $84.00 to $90.00 and gave the stock a "neutral" rating in a research note on Thursday, May 8th. UBS Group reiterated a "buy" rating and set a $116.00 target price (up from $103.00) on shares of Johnson Controls International in a research note on Thursday, May 22nd. Vertical Research upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 price objective on the stock in a research note on Thursday, May 8th. Citigroup decreased their target price on Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating on the stock in a report on Monday, April 14th. Finally, Royal Bank of Canada lifted their price target on shares of Johnson Controls International from $82.00 to $98.00 and gave the company a "sector perform" rating in a report on Thursday, May 8th. Eight investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $96.12.

Johnson Controls International Company 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.