PFG Investments LLC Increases Stock Holdings in Johnson Controls International plc (NYSE:JCI)

PFG Investments LLC increased its holdings in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 187.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,630 shares of the company's stock after buying an additional 12,793 shares during the period. PFG Investments LLC's holdings in Johnson Controls International were worth $1,282,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JCI. Turtle Creek Wealth Advisors LLC acquired a new stake in shares of Johnson Controls International during the 4th quarter worth about $25,000. Rise Advisors LLC acquired a new stake in shares of Johnson Controls International during the 1st quarter worth about $25,000. NBC Securities Inc. acquired a new stake in shares of Johnson Controls International during the 3rd quarter worth about $26,000. EdgeRock Capital LLC acquired a new stake in shares of Johnson Controls International during the 4th quarter worth about $27,000. Finally, Hexagon Capital Partners LLC increased its position in shares of Johnson Controls International by 114.0% during the 4th quarter. Hexagon Capital Partners LLC now owns 503 shares of the company's stock worth $29,000 after purchasing an additional 268 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company's stock.

Johnson Controls International Stock Performance

Johnson Controls International stock traded up $0.66 during mid-day trading on Friday, hitting $65.11. 6,408,009 shares of the company's stock traded hands, compared to its average volume of 4,071,197. The firm has a 50 day moving average price of $62.79 and a 200 day moving average price of $56.90. The company has a quick ratio of 0.73, a current ratio of 0.97 and a debt-to-equity ratio of 0.45. The company has a market cap of $44.37 billion, a PE ratio of 21.21, a price-to-earnings-growth ratio of 1.62 and a beta of 1.24. Johnson Controls International plc has a one year low of $47.90 and a one year high of $70.43.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share for the quarter, meeting the consensus estimate of $0.51. The firm had revenue of $6.09 billion for the quarter, compared to the consensus estimate of $6.94 billion. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The firm's revenue for the quarter was up .4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.67 EPS. On average, equities analysts forecast that Johnson Controls International plc will post 3.61 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Monday, March 25th were given a $0.37 dividend. The ex-dividend date was Friday, March 22nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.27%. Johnson Controls International's dividend payout ratio is currently 48.21%.

Analysts Set New Price Targets

A number of analysts recently issued reports on JCI shares. Citigroup raised their price objective on Johnson Controls International from $59.00 to $68.00 and gave the stock a "neutral" rating in a research report on Monday, April 8th. Argus downgraded Johnson Controls International from a "buy" rating to a "hold" rating in a research report on Tuesday, February 20th. StockNews.com cut Johnson Controls International from a "buy" rating to a "hold" rating in a research note on Thursday, January 25th. Mizuho cut Johnson Controls International from a "buy" rating to a "neutral" rating and set a $62.00 target price for the company. in a research note on Friday, February 23rd. Finally, Barclays boosted their price objective on Johnson Controls International from $59.00 to $61.00 and gave the company an "equal weight" rating in a research note on Tuesday, April 2nd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $64.50.

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.

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