Universal Beteiligungs und Servicegesellschaft mbH Invests $39.13 Million in Johnson Controls International plc (NYSE:JCI)

Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Johnson Controls International plc (NYSE:JCI - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 495,743 shares of the company's stock, valued at approximately $39,129,000. Universal Beteiligungs und Servicegesellschaft mbH owned approximately 0.08% of Johnson Controls International at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Vanguard Group Inc. boosted its holdings in 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 period. Franklin Resources Inc. boosted its holdings in Johnson Controls International by 6.0% in the 4th quarter. Franklin Resources Inc. now owns 23,344,374 shares of the company's stock worth $1,842,571,000 after buying an additional 1,325,500 shares during the period. Invesco Ltd. boosted its holdings in Johnson Controls International by 13.2% in the 4th quarter. Invesco Ltd. now owns 18,407,597 shares of the company's stock worth $1,452,912,000 after buying an additional 2,150,573 shares during the period. Fisher Asset Management LLC boosted its holdings in Johnson Controls International by 2.9% in the 4th quarter. Fisher Asset Management LLC now owns 15,743,019 shares of the company's stock worth $1,242,597,000 after buying an additional 447,513 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in Johnson Controls International by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 13,818,777 shares of the company's stock worth $1,087,670,000 after buying an additional 343,517 shares during the period. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. JPMorgan Chase & Co. upped their target price on shares of Johnson Controls International from $81.00 to $98.00 and gave the stock an "overweight" rating in a report on Friday, May 16th. 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 report on Monday, May 12th. Morgan Stanley increased their price objective on shares of Johnson Controls International from $105.00 to $115.00 and gave the company an "overweight" rating in a report on Friday, May 9th. Robert W. Baird increased their price objective on shares of Johnson Controls International from $84.00 to $90.00 and gave the company a "neutral" rating in a report on Thursday, May 8th. Finally, UBS Group reissued a "buy" rating and set a $116.00 price objective (up previously from $103.00) on shares of Johnson Controls International in a report on Thursday, May 22nd. Eight analysts have rated the stock with a hold rating and ten have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $96.12.

Insider Buying and Selling

In other news, Director George Oliver sold 184,331 shares of the firm's stock in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $79.49, for a total transaction of $14,652,471.19. Following the transaction, the director now directly owns 1,019,562 shares of the company's stock, valued at approximately $81,044,983.38. This trade represents a 15.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Nathan D. Manning sold 1,422 shares of the firm's stock in a transaction that occurred on Thursday, May 1st. The stock was sold at an average price of $86.91, for a total transaction of $123,586.02. Following the transaction, the vice president now directly owns 144,704 shares in the company, valued at approximately $12,576,224.64. This trade represents a 0.97% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 331,133 shares of company stock valued at $27,845,646 in the last ninety days. 0.54% of the stock is owned by company insiders.

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 4,289,658. 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 $102.59. 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. The company's 50-day moving average is $85.48 and its two-hundred day moving average is $83.48.

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, 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 company had revenue of $5.68 billion for the quarter, compared to analyst estimates of $5.64 billion. During the same period in the prior year, the company posted $0.78 EPS. The firm's revenue for the quarter was up 1.4% on a year-over-year basis. 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 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. This represents a $1.48 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is currently 39.47%.

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.