NBC Securities Inc. Acquires 38,490 Shares of Johnson Controls International plc (NYSE:JCI)

NBC Securities Inc. boosted its holdings in Johnson Controls International plc (NYSE:JCI - Free Report) by 104,027.0% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,527 shares of the company's stock after purchasing an additional 38,490 shares during the quarter. NBC Securities Inc.'s holdings in Johnson Controls International were worth $3,086,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the company. Compass Financial Services Inc acquired a new stake in shares of Johnson Controls International during the fourth quarter worth $26,000. SBI Securities Co. Ltd. purchased a new position in Johnson Controls International in the fourth quarter worth $29,000. Crowley Wealth Management Inc. purchased a new position in Johnson Controls International in the fourth quarter worth $42,000. Gables Capital Management Inc. raised its position in Johnson Controls International by 132.0% in the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock worth $46,000 after acquiring an additional 330 shares in the last quarter. Finally, Heck Capital Advisors LLC purchased a new position in Johnson Controls International in the fourth quarter worth $48,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Johnson Controls International Trading Up 0.0%

NYSE:JCI traded up $0.03 during mid-day trading on Thursday, reaching $102.36. The company's stock had a trading volume of 1,095,448 shares, compared to its average volume of 4,268,510. The stock has a market cap of $67.36 billion, a P/E ratio of 39.07, a P/E/G ratio of 1.96 and a beta of 1.28. Johnson Controls International plc has a twelve month low of $64.31 and a twelve month high of $106.00. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The company's fifty day simple moving average is $87.01 and its two-hundred day simple moving average is $83.93.

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

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were issued a $0.37 dividend. The ex-dividend date was Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.45%. Johnson Controls International's dividend payout ratio (DPR) is 39.47%.

Analysts Set New Price Targets

Several research analysts have issued reports on JCI shares. Vertical Research upgraded Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 price objective for the company in a research report on Thursday, May 8th. Royal Bank of Canada raised their price target on 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. Morgan Stanley raised their price target on Johnson Controls International from $105.00 to $115.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Citigroup dropped their price target on Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Finally, Oppenheimer raised their price target on Johnson Controls International from $90.00 to $96.00 and gave the company an "outperform" rating in a research report on Thursday, May 8th. Eight research analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $97.88.

Insider Activity

In other Johnson Controls International news, CFO Marc Vandiepenbeeck sold 28,289 shares of the business's stock in a transaction dated Thursday, May 8th. The stock was 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 owns 147,673 shares in the company, valued at approximately $13,426,429.16. The trade was a 16.08% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director George Oliver sold 15,669 shares of the firm's stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $77.49, for a total transaction of $1,214,190.81. Following the completion of the transaction, the director now directly owns 1,003,893 shares of the company's stock, valued at $77,791,668.57. This represents a 1.54% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 332,555 shares of company stock worth $27,989,126. 0.54% of the stock is currently 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.