Voya Investment Management LLC Trims Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Voya Investment Management LLC trimmed its position in Johnson Controls International plc (NYSE:JCI - Free Report) by 19.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 212,664 shares of the company's stock after selling 50,335 shares during the quarter. Voya Investment Management LLC's holdings in Johnson Controls International were worth $16,786,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of JCI. Compass Financial Services Inc bought a new position in shares of Johnson Controls International during the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. acquired a new position in shares of Johnson Controls International in the fourth quarter valued at $29,000. Synergy Asset Management LLC bought a new position in shares of Johnson Controls International in the fourth quarter valued at about $42,000. Crowley Wealth Management Inc. acquired a new stake in shares of Johnson Controls International during the 4th quarter worth about $42,000. Finally, ST Germain D J Co. Inc. grew its stake in Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company's stock valued at $43,000 after buying an additional 134 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Johnson Controls International

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the sale, the vice president now directly owns 24,803 shares in the company, valued at approximately $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, VP Nathan D. Manning sold 1,421 shares of the business's stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the transaction, the vice president now directly owns 148,346 shares in the company, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 907,286 shares of company stock valued at $77,938,071. 0.54% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on JCI shares. Royal Bank of Canada upped their target price on Johnson Controls International from $86.00 to $93.00 and gave the company a "sector perform" rating in a research report on Thursday, February 6th. JPMorgan Chase & Co. lowered their price objective on Johnson Controls International from $100.00 to $81.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. Melius Research reissued a "hold" rating and issued a $95.00 target price on shares of Johnson Controls International in a research report on Tuesday, January 28th. UBS Group upgraded shares of Johnson Controls International from a "neutral" rating to a "buy" rating and lifted their price objective for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. Finally, Citigroup decreased 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 report on Monday, April 14th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $90.07.

Johnson Controls International Price Performance

JCI stock traded up $3.29 during trading on Thursday, reaching $87.19. 7,522,234 shares of the company were exchanged, compared to its average volume of 4,443,243. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. Johnson Controls International plc has a twelve month low of $59.83 and a twelve month high of $91.14. The company has a market capitalization of $57.56 billion, a price-to-earnings ratio of 33.28, a P/E/G ratio of 1.96 and a beta of 1.22. The company has a 50-day moving average of $79.80 and a two-hundred day moving average of $80.96.

Johnson Controls International (NYSE:JCI - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping 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%. As a group, equities analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.70%. The ex-dividend date of this dividend was Monday, March 24th. Johnson Controls International's dividend payout ratio (DPR) is currently 56.49%.

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.