Johnson Controls International plc (NYSE:JCI) Shares Acquired by Amundi

Amundi raised its stake in shares of Johnson Controls International plc (NYSE:JCI) by 76.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,870,478 shares of the company’s stock after purchasing an additional 1,680,431 shares during the quarter. Amundi’s holdings in Johnson Controls International were worth $309,422,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of JCI. Compass Financial Services Inc acquired a new stake in shares of Johnson Controls International in the fourth quarter worth $26,000. SBI Securities Co. Ltd. acquired a new stake in shares of Johnson Controls International in the fourth quarter worth $29,000. Synergy Asset Management LLC acquired a new stake in shares of Johnson Controls International in the fourth quarter worth $42,000. ST Germain D J Co. Inc. increased its stake in shares of Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after acquiring an additional 134 shares during the period. Finally, Heck Capital Advisors LLC acquired a new stake in shares of Johnson Controls International in the fourth quarter worth $48,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

JCI opened at $80.07 on Friday. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The company has a market cap of $52.86 billion, a price-to-earnings ratio of 30.56, a PEG ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14. The firm’s fifty day simple moving average is $82.51 and its two-hundred day simple moving average is $79.48.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Equities analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Insider Activity

In other news, CEO George Oliver sold 124,497 shares of the stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total value of $10,292,166.99. Following the completion of the sale, the chief executive officer now directly owns 1,267,716 shares in the company, valued at $104,802,081.72. This represents a 8.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, 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 transaction of $171,073.50. Following the completion of the sale, the vice president now owns 24,803 shares of the company’s stock, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 837,777 shares of company stock worth $72,867,455 over the last three months. Insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on JCI shares. Melius Research reiterated a “hold” rating and issued a $95.00 price objective on shares of Johnson Controls International in a research note on Tuesday, January 28th. Morgan Stanley increased their price objective on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. StockNews.com downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Wells Fargo & Company increased their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Finally, Royal Bank of Canada increased their price target on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $91.13.

Johnson Controls International 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.