TD Waterhouse Canada Inc. Sells 7,781 Shares of Johnson Controls International plc (NYSE:JCI)

TD Waterhouse Canada Inc. lessened its stake in shares of Johnson Controls International plc (NYSE:JCI - Free Report) by 9.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 75,001 shares of the company's stock after selling 7,781 shares during the period. TD Waterhouse Canada Inc.'s holdings in Johnson Controls International were worth $5,921,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Barclays PLC lifted its holdings 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 Johnson Controls International in the 3rd quarter valued at $5,361,000. Sfmg LLC bought a new stake in Johnson Controls International in the 3rd quarter valued at $210,000. Wilmington Savings Fund Society FSB grew its position in Johnson Controls International by 27.6% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 223,989 shares of the company's stock worth $17,384,000 after purchasing an additional 48,416 shares during the last quarter. Finally, Peapack Gladstone Financial Corp increased its holdings in shares of Johnson Controls International by 8.6% during the 3rd 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 period. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Johnson Controls International Price Performance

NYSE:JCI traded down $0.60 during mid-day trading on Monday, reaching $80.47. 924,256 shares of the company were exchanged, compared to its average volume of 4,614,693. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The stock has a market cap of $53.12 billion, a PE ratio of 30.72, a PEG ratio of 1.96 and a beta of 1.22. The company has a fifty day moving average of $80.14 and a 200 day moving average of $80.91. Johnson Controls International plc has a 12 month low of $59.83 and a 12 month high of $91.14.

Johnson Controls International (NYSE:JCI - Get Free Report) last announced its quarterly earnings data 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 return on equity of 15.11% and a net margin of 6.83%. On average, research analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Stockholders of record on Monday, March 24th were given a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a dividend yield of 1.84%. The ex-dividend date was Monday, March 24th. Johnson Controls International's dividend payout ratio is 56.49%.

Insider Activity at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 1,950 shares of the company's stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the sale, the vice president now directly owns 24,803 shares of the company's stock, valued at $2,175,967.19. This represents a 7.29 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction that occurred 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 $110,964,191.81. The trade was a 14.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 907,286 shares of company stock worth $77,938,071 over the last ninety days. Company insiders own 0.54% of the company's stock.

Wall Street Analyst Weigh In

JCI has been the topic of several research reports. 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 note on Monday, February 10th. Barclays cut their target price on Johnson Controls International from $88.00 to $85.00 and set an "equal weight" rating for the company in a research note on Monday, March 10th. Melius downgraded shares of Johnson Controls International from a "buy" rating to a "hold" rating and set a $95.00 price target on the stock. in a research note on Tuesday, January 28th. Morgan Stanley increased their price objective on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an "overweight" rating in a research note on Thursday, February 6th. Finally, Citigroup lowered their target price on shares of Johnson Controls International from $95.00 to $85.00 and set a "neutral" rating on the stock in a research note on Monday, April 14th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target 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.