Sivia Capital Partners LLC Takes Position in Johnson Controls International plc (NYSE:JCI)

Sivia Capital Partners LLC bought a new stake in Johnson Controls International plc (NYSE:JCI - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 3,846 shares of the company's stock, valued at approximately $308,000.

Several other large investors also recently bought and sold shares of JCI. Brighton Jones LLC acquired a new stake in Johnson Controls International in the fourth quarter valued at approximately $222,000. Stratos Wealth Partners LTD. increased its stake in Johnson Controls International by 6.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 7,139 shares of the company's stock worth $564,000 after buying an additional 433 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in Johnson Controls International by 1.6% in the 4th quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 72,698 shares of the company's stock worth $5,738,000 after buying an additional 1,160 shares in the last quarter. Golden State Wealth Management LLC purchased a new position in Johnson Controls International in the 4th quarter valued at about $64,000. Finally, Kingsview Wealth Management LLC grew its stake in shares of Johnson Controls International by 6.4% during the fourth quarter. Kingsview Wealth Management LLC now owns 5,784 shares of the company's stock valued at $457,000 after acquiring an additional 348 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company's stock.

Wall Street Analysts Forecast Growth

JCI has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their price target on Johnson Controls International from $81.00 to $98.00 and gave the stock an "overweight" rating in a research note on Friday, May 16th. Oppenheimer lifted their price objective on Johnson Controls International from $90.00 to $96.00 and gave the stock an "outperform" rating in a report on Thursday, May 8th. Deutsche Bank Aktiengesellschaft upgraded Johnson Controls International from a "hold" rating to a "buy" rating and lifted their price objective for the stock from $101.00 to $112.00 in a report on Monday, May 12th. Robert W. Baird lifted their price objective on Johnson Controls International from $84.00 to $90.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Finally, Vertical Research upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 price target for the company in a research note on Thursday, May 8th. Eight investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company. Based on data from MarketBeat.com, Johnson Controls International currently has a consensus rating of "Moderate Buy" and a consensus target price of $97.88.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $103.81 on Monday. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a fifty-two week low of $64.31 and a fifty-two week high of $103.84. The firm has a 50-day simple moving average of $87.90 and a 200 day simple moving average of $84.20. The company has a market cap of $68.31 billion, a PE ratio of 39.62, a P/E/G ratio of 1.96 and a beta of 1.33.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its earnings results on Wednesday, May 7th. The company reported $0.82 EPS for the quarter, beating the consensus estimate of $0.77 by $0.05. The company had revenue of $5.68 billion during 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 business's revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.78 earnings per share. On average, sell-side analysts anticipate 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 given a dividend of $0.37 per share. The ex-dividend date was Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.43%. Johnson Controls International's dividend payout ratio is currently 39.47%.

Insider Transactions at Johnson Controls International

In related news, VP Anuruddha Rathninde sold 15,000 shares of the stock in a transaction that occurred on Friday, June 6th. The stock was sold at an average price of $103.13, for a total value of $1,546,950.00. Following the completion of the transaction, the vice president now directly owns 42,574 shares of the company's stock, valued at $4,390,656.62. This represents a 26.05% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director George Oliver sold 184,331 shares of the stock in a transaction on Wednesday, March 12th. The stock was sold at an average price of $79.49, for a total value of $14,652,471.19. Following the completion of the transaction, the director now directly owns 1,019,562 shares of the company's stock, valued at approximately $81,044,983.38. The trade was a 15.31% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 347,555 shares of company stock worth $29,536,076. Insiders own 0.54% of the company's stock.

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.

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