Curat Global LLC Has $1.62 Million Holdings in Johnson Controls International plc $JCI

Curat Global LLC trimmed its stake in shares of Johnson Controls International plc (NYSE:JCI) by 37.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 13,500 shares of the company’s stock after selling 8,200 shares during the quarter. Johnson Controls International comprises approximately 1.8% of Curat Global LLC’s investment portfolio, making the stock its 10th biggest position. Curat Global LLC’s holdings in Johnson Controls International were worth $1,617,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JCI. Viking Global Investors LP boosted its position in Johnson Controls International by 368.5% during the third quarter. Viking Global Investors LP now owns 6,796,942 shares of the company’s stock worth $747,324,000 after purchasing an additional 5,346,130 shares during the period. Ameriprise Financial Inc. boosted its position in Johnson Controls International by 140.8% during the second quarter. Ameriprise Financial Inc. now owns 4,575,414 shares of the company’s stock worth $483,281,000 after purchasing an additional 2,675,157 shares during the period. First Trust Advisors LP boosted its position in Johnson Controls International by 23.3% during the third quarter. First Trust Advisors LP now owns 3,519,724 shares of the company’s stock worth $386,994,000 after purchasing an additional 665,782 shares during the period. Man Group plc boosted its position in Johnson Controls International by 148.1% during the second quarter. Man Group plc now owns 832,921 shares of the company’s stock worth $87,973,000 after purchasing an additional 497,221 shares during the period. Finally, Interval Partners LP boosted its position in Johnson Controls International by 793.0% during the third quarter. Interval Partners LP now owns 513,401 shares of the company’s stock worth $56,448,000 after purchasing an additional 455,907 shares during the period. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Stock Down 1.7%

Shares of NYSE JCI opened at $135.43 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64. The company has a market cap of $82.63 billion, a price-to-earnings ratio of 24.23, a PEG ratio of 1.52 and a beta of 1.37. Johnson Controls International plc has a 12 month low of $96.31 and a 12 month high of $147.32. The stock has a 50-day moving average price of $137.57 and a two-hundred day moving average price of $128.17.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Tuesday, March 31st. The company reported $1.19 EPS for the quarter. The firm had revenue of $6.14 billion during the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%. As a group, analysts forecast that Johnson Controls International plc will post 4.87 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Monday, March 16th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Monday, March 16th. This represents a $1.60 annualized dividend and a yield of 1.2%. Johnson Controls International’s payout ratio is presently 28.62%.

Analyst Upgrades and Downgrades

JCI has been the subject of a number of research reports. Morgan Stanley lifted their target price on Johnson Controls International from $130.00 to $140.00 and gave the stock an “overweight” rating in a report on Wednesday, March 11th. Weiss Ratings reissued a “buy (b)” rating on shares of Johnson Controls International in a report on Thursday, January 22nd. Wall Street Zen raised Johnson Controls International from a “hold” rating to a “buy” rating in a report on Sunday, May 3rd. Royal Bank Of Canada lifted their target price on Johnson Controls International from $139.00 to $154.00 and gave the stock a “sector perform” rating in a report on Thursday, May 7th. Finally, Robert W. Baird lifted their target price on Johnson Controls International from $132.00 to $148.00 and gave the stock a “neutral” rating in a report on Monday, April 27th. Eleven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $147.63.

Insider Activity

In other Johnson Controls International news, VP Daniel C. Mcconeghy sold 3,600 shares of the business’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $142.56, for a total transaction of $513,216.00. Following the completion of the transaction, the vice president owned 24,273 shares of the company’s stock, valued at approximately $3,460,358.88. The trade was a 12.92% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Lei Zhang Schlitz sold 88,809 shares of the business’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $140.99, for a total value of $12,521,180.91. Following the transaction, the vice president directly owned 57,059 shares of the company’s stock, valued at approximately $8,044,748.41. The trade was a 60.88% decrease in their position. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by insiders.

About Johnson Controls International

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.