Barrow Hanley Mewhinney & Strauss LLC Acquires 305,185 Shares of Johnson Controls International plc (NYSE:JCI)

Barrow Hanley Mewhinney & Strauss LLC raised its holdings in Johnson Controls International plc (NYSE:JCI) by 4.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 7,128,506 shares of the company’s stock after purchasing an additional 305,185 shares during the period. Johnson Controls International comprises about 1.9% of Barrow Hanley Mewhinney & Strauss LLC’s holdings, making the stock its 13th largest holding. Barrow Hanley Mewhinney & Strauss LLC’s holdings in Johnson Controls International were worth $562,653,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of JCI. Raymond James Financial Inc. bought a new stake in Johnson Controls International in the fourth quarter valued at about $568,309,000. Norges Bank bought a new stake in shares of Johnson Controls International in the 4th quarter valued at about $560,549,000. Amundi boosted its stake in Johnson Controls International by 76.7% during the 4th quarter. Amundi now owns 3,870,478 shares of the company’s stock worth $309,422,000 after acquiring an additional 1,680,431 shares during the last quarter. ANTIPODES PARTNERS Ltd grew its holdings in Johnson Controls International by 391,951.9% during the fourth quarter. ANTIPODES PARTNERS Ltd now owns 1,215,361 shares of the company’s stock valued at $95,936,000 after purchasing an additional 1,215,051 shares during the period. Finally, AMF Tjanstepension AB increased its stake in Johnson Controls International by 500.7% in the fourth quarter. AMF Tjanstepension AB now owns 1,048,377 shares of the company’s stock valued at $82,797,000 after purchasing an additional 873,841 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Trading Down 3.1 %

JCI stock opened at $79.64 on Friday. Johnson Controls International plc has a 52 week low of $59.83 and a 52 week high of $91.14. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The company’s 50-day simple moving average is $82.95 and its 200 day simple moving average is $80.57. The company has a market capitalization of $52.57 billion, a PE ratio of 30.40, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) 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, sell-side analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.37 per share. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a yield of 1.86%. Johnson Controls International’s payout ratio is 56.49%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Citigroup decreased their price target on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a report on Monday, January 13th. Morgan Stanley lifted 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 report on Thursday, February 6th. Melius Research reaffirmed a “hold” rating and issued a $95.00 target price on shares of Johnson Controls International in a report on Tuesday, January 28th. Royal Bank of Canada lifted their price target on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. Finally, Barclays dropped their price objective on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Monday, March 10th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International currently has a consensus rating of “Moderate Buy” and an average target price of $91.27.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the firm’s stock in a transaction on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now owns 148,346 shares of the company’s stock, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO George Oliver sold 162,894 shares of the business’s stock in a transaction on 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 transaction, the chief executive officer now directly owns 1,203,893 shares of the company’s stock, valued at $107,483,567.04. This trade represents a 11.92 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 905,864 shares of company stock valued at $77,824,710 in the last ninety days. 0.54% of the stock is currently owned by company insiders.

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.