Schonfeld Strategic Advisors LLC Grows Stock Position in Johnson Controls International plc (NYSE:JCI)

Schonfeld Strategic Advisors LLC increased its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 23.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 342,433 shares of the company's stock after acquiring an additional 64,821 shares during the quarter. Schonfeld Strategic Advisors LLC owned about 0.05% of Johnson Controls International worth $27,028,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JCI. Vanguard Group Inc. lifted its holdings in shares of Johnson Controls International by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 68,156,110 shares of the company's stock valued at $5,379,562,000 after purchasing an additional 179,743 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Johnson Controls International by 6.0% in the fourth quarter. Franklin Resources Inc. now owns 23,344,374 shares of the company's stock valued at $1,842,571,000 after acquiring an additional 1,325,500 shares during the period. Invesco Ltd. grew its position 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 acquiring an additional 2,150,573 shares during the last quarter. Fisher Asset Management LLC grew its position in shares of Johnson Controls International by 2.9% during the fourth quarter. Fisher Asset Management LLC now owns 15,743,019 shares of the company's stock worth $1,242,597,000 after acquiring an additional 447,513 shares during the last quarter. Finally, Geode Capital Management LLC increased its holdings in shares of Johnson Controls International by 2.5% in the 4th quarter. Geode Capital Management LLC now owns 13,818,777 shares of the company's stock valued at $1,087,670,000 after acquiring an additional 343,517 shares during the period. 90.05% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research analysts have issued reports on JCI shares. Citigroup lowered their price objective on shares of Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating on the stock in a research report on Monday, April 14th. UBS Group upgraded Johnson Controls International from a "neutral" rating to a "buy" rating and boosted their price target for the company from $90.00 to $103.00 in a research report on Monday, February 10th. JPMorgan Chase & Co. decreased their price objective on Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Melius cut Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target for the company. in a research note on Tuesday, January 28th. Finally, Barclays lowered 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 report on Monday, March 10th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $90.07.

Johnson Controls International Price Performance

Johnson Controls International stock traded up $1.81 during mid-day trading on Friday, reaching $89.06. The company had a trading volume of 5,868,597 shares, compared to its average volume of 4,394,311. The stock's 50-day simple moving average is $79.87 and its 200-day simple moving average is $81.03. Johnson Controls International plc has a 1 year low of $60.84 and a 1 year high of $91.14. 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 company has a market capitalization of $58.79 billion, a P/E ratio of 33.99, a P/E/G ratio of 1.96 and a beta of 1.22.

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

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.66%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's payout ratio is currently 56.49%.

Insider Buying and Selling at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the sale, the vice president now owns 148,346 shares of the company's stock, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO George Oliver sold 162,894 shares of Johnson Controls International stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $89.28, for a total value of $14,543,176.32. Following the sale, the chief executive officer now owns 1,203,893 shares of the company's stock, valued at approximately $107,483,567.04. This represents a 11.92 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 908,708 shares of company stock worth $78,061,657. 0.54% of the stock is owned by 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.