Johnson Controls International plc (NYSE:JCI) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC lessened its holdings in Johnson Controls International plc (NYSE:JCI) by 12.5% 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 3,649 shares of the company’s stock after selling 519 shares during the quarter. Avior Wealth Management LLC’s holdings in Johnson Controls International were worth $210,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Certified Advisory Corp acquired a new position in Johnson Controls International in the first quarter worth $26,000. Turtle Creek Wealth Advisors LLC acquired a new position in Johnson Controls International in the fourth quarter worth $25,000. VitalStone Financial LLC boosted its holdings in Johnson Controls International by 2,873.3% in the first quarter. VitalStone Financial LLC now owns 446 shares of the company’s stock worth $39,000 after purchasing an additional 431 shares during the period. Coppell Advisory Solutions LLC acquired a new position in Johnson Controls International in the second quarter worth $32,000. Finally, NBC Securities Inc. acquired a new position in Johnson Controls International in the third quarter worth $26,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

JCI stock opened at $63.66 on Friday. The company has a market capitalization of $43.38 billion, a P/E ratio of 20.74, a PEG ratio of 1.60 and a beta of 1.24. The company has a 50-day simple moving average of $61.94 and a 200 day simple moving average of $56.42. Johnson Controls International plc has a fifty-two week low of $47.90 and a fifty-two week high of $70.43. The company has a quick ratio of 0.73, a current ratio of 0.97 and a debt-to-equity ratio of 0.45.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Tuesday, January 30th. The company reported $0.51 earnings per share for the quarter, hitting the consensus estimate of $0.51. The business had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.94 billion. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The company’s quarterly revenue was up .4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.67 earnings per share. Sell-side analysts predict that Johnson Controls International plc will post 3.61 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 19th. Shareholders of record on Monday, March 25th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 2.32%. The ex-dividend date was Friday, March 22nd. Johnson Controls International’s payout ratio is 48.21%.

Analysts Set New Price Targets

A number of equities analysts have commented on JCI shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $60.00 price objective (down previously from $65.00) on shares of Johnson Controls International in a report on Wednesday, January 31st. StockNews.com downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Wells Fargo & Company boosted their price target on shares of Johnson Controls International from $64.00 to $73.00 and gave the company an “overweight” rating in a report on Tuesday, April 2nd. Melius Research reissued a “hold” rating on shares of Johnson Controls International in a report on Tuesday, January 30th. Finally, Citigroup boosted their price target on shares of Johnson Controls International from $59.00 to $68.00 and gave the company a “neutral” rating in a report on Monday, April 8th. One investment analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Johnson Controls International has an average rating of “Hold” and an average price target of $64.50.

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.