Johnson Controls International plc $JCI Shares Sold by Strs Ohio

Strs Ohio lessened its stake in Johnson Controls International plc (NYSE:JCI) by 9.2% in the first quarter, Holdings Channel reports. The institutional investor owned 186,424 shares of the company’s stock after selling 18,979 shares during the quarter. Strs Ohio’s holdings in Johnson Controls International were worth $24,412,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the stock. Maseco LLP grew its holdings in Johnson Controls International by 102.9% during the 4th quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after acquiring an additional 107 shares in the last quarter. Mcguire Capital Advisors Inc. acquired a new stake in shares of Johnson Controls International in the 4th quarter valued at about $27,000. Roxbury Financial LLC lifted its position in shares of Johnson Controls International by 71.9% during the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after purchasing an additional 100 shares during the last quarter. Twin Tree Management LP lifted its position in shares of Johnson Controls International by 140.9% during the fourth quarter. Twin Tree Management LP now owns 260 shares of the company’s stock worth $31,000 after purchasing an additional 895 shares during the last quarter. Finally, YANKCOM Partnership acquired a new position in Johnson Controls International in the fourth quarter worth about $34,000. 90.05% of the stock is currently owned by institutional investors.

Insider Activity

In other Johnson Controls International news, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $140.99, for a total value of $12,521,180.91. Following the sale, the vice president owned 57,059 shares in the company, valued at approximately $8,044,748.41. This trade represents a 60.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Todd M. Grabowski sold 1,800 shares of Johnson Controls International stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $146.20, for a total value of $263,160.00. Following the sale, the vice president directly owned 26,215 shares in the company, valued at approximately $3,832,633. This trade represents a 6.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.29% of the company’s stock.

Johnson Controls International Trading Up 0.0%

NYSE:JCI opened at $140.79 on Friday. The firm has a market capitalization of $85.90 billion, a P/E ratio of 25.19, a P/E/G ratio of 1.51 and a beta of 1.31. The business has a 50 day simple moving average of $141.99 and a 200 day simple moving average of $133.70. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.04 and a quick ratio of 0.85. Johnson Controls International plc has a 12-month low of $102.09 and a 12-month high of $151.18.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. The firm had revenue of $6.14 billion for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%. Equities research analysts predict that Johnson Controls International plc will post 4.9 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 15th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Monday, June 15th. Johnson Controls International’s dividend payout ratio (DPR) is 28.62%.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on JCI. Royal Bank Of Canada restated a “sector perform” rating and set a $154.00 price objective on shares of Johnson Controls International in a research note on Tuesday, June 2nd. Wolfe Research reiterated an “outperform” rating and issued a $171.00 price target on shares of Johnson Controls International in a report on Wednesday, June 3rd. Wells Fargo & Company boosted their price target on Johnson Controls International from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Thursday, May 7th. Robert W. Baird raised their price objective on Johnson Controls International from $132.00 to $148.00 and gave the stock a “neutral” rating in a research note on Monday, April 27th. Finally, Sanford C. Bernstein began coverage on shares of Johnson Controls International in a report on Tuesday, June 9th. They issued an “outperform” rating and a $176.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $152.85.

Johnson Controls International Company Profile

Johnson Controls International plc is a global diversified technology and multi?industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building?related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air?conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.