Mufg Securities Americas Inc. Takes Position in Johnson Controls International plc (NYSE:JCI)

Mufg Securities Americas Inc. acquired a new stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 9,861 shares of the company's stock, valued at approximately $778,000.

Several other institutional investors also recently bought and sold shares of JCI. Barclays PLC raised its position in shares of Johnson Controls International by 6.7% in the 3rd quarter. Barclays PLC now owns 1,685,322 shares of the company's stock worth $130,797,000 after acquiring an additional 105,194 shares in the last quarter. Capital Investment Advisors LLC raised its holdings in Johnson Controls International by 4.4% in the fourth quarter. Capital Investment Advisors LLC now owns 3,545 shares of the company's stock worth $280,000 after purchasing an additional 149 shares in the last quarter. Wedmont Private Capital lifted its position in shares of Johnson Controls International by 8.8% during the fourth quarter. Wedmont Private Capital now owns 7,388 shares of the company's stock valued at $581,000 after buying an additional 600 shares during the last quarter. Miracle Mile Advisors LLC boosted its holdings in shares of Johnson Controls International by 8.6% in the 4th quarter. Miracle Mile Advisors LLC now owns 18,479 shares of the company's stock valued at $1,459,000 after buying an additional 1,468 shares in the last quarter. Finally, FNY Investment Advisers LLC purchased a new position in shares of Johnson Controls International in the 4th quarter worth approximately $78,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Controls International Price Performance

Shares of JCI opened at $96.32 on Thursday. The business's 50-day moving average is $81.52 and its two-hundred day moving average is $81.96. The company has a market capitalization of $63.38 billion, a P/E ratio of 36.76, a P/E/G ratio of 1.96 and a beta of 1.28. Johnson Controls International plc has a fifty-two week low of $64.31 and a fifty-two week high of $97.11. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02.

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, topping the consensus estimate of $0.77 by $0.05. The firm had revenue of $5.68 billion for 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%. Johnson Controls International's revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period last year, the company earned $0.78 earnings per share. Research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors 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 yield of 1.54%. Johnson Controls International's dividend payout ratio is presently 39.47%.

Analyst Ratings Changes

Several equities research analysts have weighed in on JCI shares. Deutsche Bank Aktiengesellschaft upgraded shares of Johnson Controls International from a "hold" rating to a "buy" rating and raised their target price for the company from $101.00 to $112.00 in a research note on Monday. Wells Fargo & Company raised their price objective on Johnson Controls International from $82.00 to $100.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Morgan Stanley upped their target price on Johnson Controls International from $105.00 to $115.00 and gave the company an "overweight" rating in a research report on Friday, May 9th. Melius downgraded Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target for the company. in a report on Tuesday, January 28th. Finally, JPMorgan Chase & Co. dropped their price target on Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating on the stock in a research note on Tuesday, April 8th. Eight investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Based on data from MarketBeat.com, Johnson Controls International presently has an average rating of "Moderate Buy" and a consensus target price of $94.35.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, Director George Oliver sold 184,331 shares of the stock in a transaction that occurred on Wednesday, March 12th. The stock was sold at an average price of $79.49, for a total transaction of $14,652,471.19. Following the transaction, the director now owns 1,019,562 shares in the company, valued at approximately $81,044,983.38. This represents a 15.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction that occurred on Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total value of $113,361.84. Following the transaction, the vice president now owns 145,502 shares in the company, valued at $11,599,419.44. This represents a 0.97% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 623,290 shares of company stock valued at $53,188,746. Corporate insiders own 0.54% of the company's stock.

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.

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