5,365 Shares in Johnson Controls International plc (NYSE:JCI) Purchased by Parvin Asset Management LLC

Parvin Asset Management LLC acquired a new stake in Johnson Controls International plc (NYSE:JCI - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 5,365 shares of the company's stock, valued at approximately $423,000.

Several other large investors also recently bought and sold shares of the stock. Raymond James Financial Inc. acquired a new position in shares of Johnson Controls International during the 4th quarter worth $568,309,000. Norges Bank purchased a new stake in Johnson Controls International during the fourth quarter valued at about $560,549,000. Invesco Ltd. increased its position in shares of Johnson Controls International by 13.2% in the fourth quarter. Invesco Ltd. now owns 18,407,597 shares of the company's stock worth $1,452,912,000 after acquiring an additional 2,150,573 shares in the last quarter. Amundi lifted its position 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 in the last quarter. Finally, Franklin Resources Inc. increased its holdings in Johnson Controls International by 6.0% during the 4th 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. Institutional investors and hedge funds own 90.05% of the company's stock.

Johnson Controls International Stock Up 0.0 %

Shares of Johnson Controls International stock traded up $0.01 on Monday, hitting $88.93. The company had a trading volume of 1,385,147 shares, compared to its average volume of 4,371,857. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The firm has a market capitalization of $58.70 billion, a P/E ratio of 33.95, a P/E/G ratio of 1.96 and a beta of 1.22. Johnson Controls International plc has a twelve month low of $62.10 and a twelve month high of $91.14. The stock has a 50-day moving average of $79.97 and a 200-day moving average of $81.17.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating 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%. Research analysts predict that Johnson Controls International plc will post 3.64 earnings per share 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 paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.66%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's payout ratio is 56.49%.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. UBS Group raised Johnson Controls International from a "neutral" rating to a "buy" rating and raised their price target for the stock from $90.00 to $103.00 in a report on Monday, February 10th. Melius Research restated a "hold" rating and issued a $95.00 target price on shares of Johnson Controls International in a report on Tuesday, January 28th. Wells Fargo & Company increased their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. lowered their target price on Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Finally, Morgan Stanley lifted their price target on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an "overweight" rating in a research note on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat.com, Johnson Controls International has an average rating of "Moderate Buy" and a consensus price target of $90.07.

Insiders Place Their Bets

In related news, Director George Oliver sold 15,669 shares of the business's stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $77.49, for a total value of $1,214,190.81. Following the completion of the sale, the director now directly owns 1,003,893 shares of the company's stock, valued at $77,791,668.57. The trade was a 1.54 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the business's stock in a transaction on Tuesday, April 1st. The shares were sold at an average price of $79.72, for a total transaction of $113,361.84. Following the sale, the vice president now owns 145,502 shares of the company's stock, valued at $11,599,419.44. This trade represents a 0.97 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 907,287 shares of company stock valued at $77,953,036. 0.54% of the stock is currently owned by company insiders.

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.