SOA Wealth Advisors LLC. Boosts Holdings in Johnson Controls International plc (NYSE:JCI)

SOA Wealth Advisors LLC. increased its position in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 5,715.4% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 9,421 shares of the company's stock after buying an additional 9,259 shares during the quarter. SOA Wealth Advisors LLC.'s holdings in Johnson Controls International were worth $755,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Compass Financial Services Inc purchased a new stake in Johnson Controls International during the 4th quarter worth about $26,000. SBI Securities Co. Ltd. purchased a new stake in shares of Johnson Controls International during the fourth quarter worth approximately $29,000. Crowley Wealth Management Inc. acquired a new stake in Johnson Controls International in the fourth quarter valued at approximately $42,000. Gables Capital Management Inc. raised its holdings in Johnson Controls International by 132.0% in the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company's stock valued at $46,000 after acquiring an additional 330 shares in the last quarter. Finally, Flagship Wealth Advisors LLC purchased a new position in Johnson Controls International in the fourth quarter worth approximately $48,000. Hedge funds and other institutional investors own 90.05% of the company's stock.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Anuruddha Rathninde sold 15,000 shares of the stock in a transaction dated Friday, June 6th. The shares were 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 approximately $4,390,656.62. This trade represents a 26.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $79.72, for a total transaction of $113,361.84. Following the sale, the vice president now owns 145,502 shares of the company's stock, valued at approximately $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. In the last 90 days, insiders have sold 347,555 shares of company stock valued at $29,536,076. 0.54% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have commented on JCI. Deutsche Bank Aktiengesellschaft raised shares of Johnson Controls International from a "hold" rating to a "buy" rating and increased their price objective for the company from $101.00 to $112.00 in a research report on Monday, May 12th. Morgan Stanley lifted their price target on Johnson Controls International from $105.00 to $115.00 and gave the stock an "overweight" rating in a report on Friday, May 9th. Wells Fargo & Company increased their price objective on Johnson Controls International from $100.00 to $130.00 and gave the company an "overweight" rating in a report on Wednesday, June 4th. Vertical Research raised Johnson Controls International from a "hold" rating to a "buy" rating and set a $105.00 target price on the stock in a research report on Thursday, May 8th. Finally, Barclays upped their price target on Johnson Controls International from $85.00 to $90.00 and gave the company an "equal weight" rating in a report on Wednesday, May 14th. 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 has an average rating of "Moderate Buy" and a consensus target price of $97.88.

Johnson Controls International Stock Performance

NYSE:JCI traded down $0.27 during trading hours on Monday, reaching $103.52. 3,063,371 shares of the company's stock were exchanged, compared to its average volume of 4,278,260. Johnson Controls International plc has a 1-year low of $64.31 and a 1-year high of $104.39. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $68.12 billion, a price-to-earnings ratio of 39.51, a P/E/G ratio of 1.96 and a beta of 1.33. The company has a 50-day moving average of $87.90 and a 200 day moving average of $84.20.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $0.82 EPS 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 during the quarter, compared to analysts' expectations of $5.64 billion. During the same period in the prior year, the company earned $0.78 earnings per share. The business's revenue was up 1.4% compared to the same quarter last year. Research analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were given a $0.37 dividend. 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 1.43%. Johnson Controls International's payout ratio is currently 39.47%.

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.