ExodusPoint Capital Management LP Has $2.45 Million Holdings in Johnson Controls International plc (NYSE:JCI)

ExodusPoint Capital Management LP grew its position in Johnson Controls International plc (NYSE:JCI) by 63.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,032 shares of the company’s stock after buying an additional 12,084 shares during the quarter. ExodusPoint Capital Management LP’s holdings in Johnson Controls International were worth $2,449,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Compass Financial Services Inc acquired a new position in Johnson Controls International in the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. purchased a new stake in shares of Johnson Controls International in the fourth quarter valued at $29,000. Synergy Asset Management LLC purchased a new stake in shares of Johnson Controls International in the fourth quarter valued at $42,000. Crowley Wealth Management Inc. acquired a new stake in shares of Johnson Controls International in the fourth quarter worth $42,000. Finally, ST Germain D J Co. Inc. grew its holdings in shares of Johnson Controls International by 32.8% during the fourth 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 in the last quarter. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP Daniel C. Mcconeghy sold 1,950 shares of the stock in a transaction dated Thursday, February 6th. The shares were 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 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO George Oliver sold 162,894 shares of the business’s stock in a transaction dated Friday, February 14th. The shares were sold at an average price of $89.28, for a total value of $14,543,176.32. Following the transaction, the chief executive officer now owns 1,203,893 shares in the company, valued at $107,483,567.04. This represents a 11.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 907,286 shares of company stock valued at $77,938,071 in the last quarter. Insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on JCI shares. Morgan Stanley increased their price objective on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. JPMorgan Chase & Co. increased their price target on shares of Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. UBS Group raised shares of Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Barclays cut their target price on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating for the company in a research report on Monday, March 10th. Finally, Argus raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a research note on Friday, December 20th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $91.27.

Johnson Controls International Price Performance

Shares of NYSE:JCI opened at $71.92 on Tuesday. The stock has a market capitalization of $47.47 billion, a P/E ratio of 27.45, a P/E/G ratio of 1.96 and a beta of 1.22. The business has a 50-day moving average of $82.53 and a two-hundred day moving average of $80.85. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week 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.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (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%. On average, equities research analysts predict that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be issued a $0.37 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 2.06%. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

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.