Signaturefd LLC Sells 443 Shares of Johnson Controls International plc (NYSE:JCI)

Signaturefd LLC decreased its position in Johnson Controls International plc (NYSE:JCI) by 4.0% during the fourth quarter, HoldingsChannel reports. The firm owned 10,500 shares of the company’s stock after selling 443 shares during the quarter. Signaturefd LLC’s holdings in Johnson Controls International were worth $605,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Invesco Ltd. raised its position in shares of Johnson Controls International by 4.7% in the third quarter. Invesco Ltd. now owns 13,063,227 shares of the company’s stock valued at $695,094,000 after purchasing an additional 588,724 shares during the period. Northern Trust Corp raised its position in shares of Johnson Controls International by 6.2% in the third quarter. Northern Trust Corp now owns 7,065,473 shares of the company’s stock valued at $375,954,000 after purchasing an additional 415,056 shares during the period. Bank of New York Mellon Corp raised its position in shares of Johnson Controls International by 3.3% in the third quarter. Bank of New York Mellon Corp now owns 6,155,879 shares of the company’s stock valued at $327,554,000 after purchasing an additional 197,770 shares during the period. abrdn plc raised its position in shares of Johnson Controls International by 1.7% in the third quarter. abrdn plc now owns 4,638,378 shares of the company’s stock valued at $246,808,000 after purchasing an additional 79,543 shares during the period. Finally, Raymond James & Associates raised its position in shares of Johnson Controls International by 5.2% in the fourth quarter. Raymond James & Associates now owns 3,763,779 shares of the company’s stock valued at $216,944,000 after purchasing an additional 186,455 shares during the period. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Trading Up 0.8 %

Shares of Johnson Controls International stock opened at $65.17 on Wednesday. The firm has a market capitalization of $44.41 billion, a PE ratio of 21.23, a price-to-earnings-growth ratio of 1.62 and a beta of 1.24. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.97 and a quick ratio of 0.73. The company’s fifty day moving average price is $62.34 and its two-hundred day moving average price is $56.67. Johnson Controls International plc has a 52-week low of $47.90 and a 52-week high of $70.43.

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

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 19th. Stockholders of record on Monday, March 25th were issued a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 2.27%. The ex-dividend date of this dividend was Friday, March 22nd. Johnson Controls International’s payout ratio is 48.21%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Barclays lifted their price target on shares of Johnson Controls International from $59.00 to $61.00 and gave the company an “equal weight” rating in a research report on Tuesday, April 2nd. StockNews.com lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. TheStreet raised shares of Johnson Controls International from a “c+” rating to a “b-” rating in a research report on Tuesday, December 26th. Mizuho lowered shares of Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 target price on the stock. in a research report on Friday, February 23rd. Finally, HSBC lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 target price on the stock. in a research report on Wednesday, January 31st. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus 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.