Johnson Financial Group Inc. Buys 8,022 Shares of Johnson Controls International plc (NYSE:JCI)

Johnson Financial Group Inc. grew its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 6,575.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 8,144 shares of the company's stock after buying an additional 8,022 shares during the quarter. Johnson Financial Group Inc.'s holdings in Johnson Controls International were worth $635,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of JCI. Barclays PLC grew its stake in shares of Johnson Controls International by 6.7% during the third quarter. Barclays PLC now owns 1,685,322 shares of the company's stock worth $130,797,000 after buying an additional 105,194 shares during the last quarter. World Investment Advisors LLC bought a new stake in shares of Johnson Controls International during the third quarter worth $5,361,000. Sfmg LLC bought a new stake in shares of Johnson Controls International during the third quarter worth $210,000. Wilmington Savings Fund Society FSB grew its stake in shares of Johnson Controls International by 27.6% during the third quarter. Wilmington Savings Fund Society FSB now owns 223,989 shares of the company's stock worth $17,384,000 after buying an additional 48,416 shares during the last quarter. Finally, Peapack Gladstone Financial Corp grew its stake in shares of Johnson Controls International by 8.6% in the third quarter. Peapack Gladstone Financial Corp now owns 9,669 shares of the company's stock worth $751,000 after purchasing an additional 763 shares during the last quarter. Institutional investors own 90.05% of the company's stock.

Johnson Controls International Stock Up 1.9 %

NYSE JCI traded up $1.54 during mid-day trading on Wednesday, hitting $83.87. The company's stock had a trading volume of 4,910,054 shares, compared to its average volume of 4,430,949. The company's 50 day simple moving average is $79.83 and its 200 day simple moving average is $80.94. Johnson Controls International plc has a twelve month low of $59.83 and a twelve month high of $91.14. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The firm has a market capitalization of $55.37 billion, a price-to-earnings ratio of 32.01, a PEG ratio of 1.96 and a beta of 1.22.

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

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.76%. The ex-dividend date was Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is presently 56.49%.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of the firm's 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 transaction, the chief executive officer now directly owns 1,260,527 shares in the company, valued at approximately $110,964,191.81. This trade represents a 14.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the firm's stock in a transaction on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total value of $171,073.50. Following the transaction, the vice president now owns 24,803 shares in the company, valued at approximately $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 907,286 shares of company stock worth $77,938,071. Corporate insiders own 0.54% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on the stock. Barclays reduced their price objective on shares of Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating on the stock in a research note on Monday, March 10th. UBS Group raised shares of Johnson Controls International from a "neutral" rating to a "buy" rating and boosted their price objective for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. Melius Research reissued a "hold" rating and issued a $95.00 price objective on shares of Johnson Controls International in a research note on Tuesday, January 28th. Melius cut shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price objective on the stock. in a research note on Tuesday, January 28th. Finally, Royal Bank of Canada upped 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. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, Johnson Controls International has an average rating of "Moderate Buy" and a consensus target price of $90.07.

Johnson Controls International 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.