Fuller & Thaler Asset Management Inc. Raises Holdings in Johnson Controls International plc (NYSE:JCI)

Fuller & Thaler Asset Management Inc. lifted its stake in Johnson Controls International plc (NYSE:JCI - Free Report) by 3.6% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 123,632 shares of the company's stock after purchasing an additional 4,341 shares during the quarter. Fuller & Thaler Asset Management Inc.'s holdings in Johnson Controls International were worth $9,758,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of JCI. Raymond James Financial Inc. purchased a new position in shares of Johnson Controls International in the fourth quarter worth $568,309,000. Norges Bank purchased a new position in shares of Johnson Controls International during the fourth quarter worth $560,549,000. Invesco Ltd. raised its holdings in shares of Johnson Controls International by 13.2% during the fourth quarter. Invesco Ltd. now owns 18,407,597 shares of the company's stock worth $1,452,912,000 after purchasing an additional 2,150,573 shares during the last quarter. Amundi raised its holdings in shares of Johnson Controls International by 76.7% during the fourth quarter. Amundi now owns 3,870,478 shares of the company's stock worth $309,422,000 after purchasing an additional 1,680,431 shares during the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Johnson Controls International by 6.0% during the fourth quarter. Franklin Resources Inc. now owns 23,344,374 shares of the company's stock worth $1,842,571,000 after purchasing an additional 1,325,500 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Nathan D. Manning sold 1,421 shares of the firm's stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now directly owns 148,346 shares in the company, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction on Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the sale, the chief executive officer now owns 1,260,527 shares in the company, valued at $110,964,191.81. This represents a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 907,286 shares of company stock valued at $77,938,071. Company insiders own 0.54% of the company's stock.

Johnson Controls International Price Performance

JCI stock traded up $2.69 during mid-day trading on Thursday, reaching $86.59. The company's stock had a trading volume of 2,491,124 shares, compared to its average volume of 4,423,627. The stock has a market cap of $57.16 billion, a PE ratio of 33.06, a P/E/G ratio of 1.96 and a beta of 1.22. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14. The company's 50 day moving average is $79.80 and its two-hundred day moving average is $80.96.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Equities research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

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 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 dividend yield of 1.71%. Johnson Controls International's dividend payout ratio is currently 56.49%.

Analyst Ratings Changes

Several research analysts recently issued reports on the stock. UBS Group raised shares of Johnson Controls International from a "neutral" rating to a "buy" rating and raised their target price for the stock from $90.00 to $103.00 in a report on Monday, February 10th. Barclays dropped their price target on shares of Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a research report on Monday, March 10th. Wells Fargo & Company raised their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Royal Bank of Canada raised their price target on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a research report on Thursday, February 6th. Finally, Morgan Stanley raised their price target on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $90.07.

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.