Valeo Financial Advisors LLC Has $349,000 Stock Position in Johnson Controls International plc (NYSE:JCI)

Valeo Financial Advisors LLC reduced its position in shares of Johnson Controls International plc (NYSE:JCI) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,057 shares of the company’s stock after selling 279 shares during the period. Valeo Financial Advisors LLC’s holdings in Johnson Controls International were worth $349,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Certified Advisory Corp bought a new stake in shares of Johnson Controls International during the first quarter worth $26,000. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Johnson Controls International during the fourth quarter worth $25,000. VitalStone Financial LLC grew its stake in shares of Johnson Controls International by 2,873.3% during the first quarter. VitalStone Financial LLC now owns 446 shares of the company’s stock worth $39,000 after buying an additional 431 shares during the last quarter. Coppell Advisory Solutions LLC bought a new stake in shares of Johnson Controls International during the second quarter worth $32,000. Finally, NBC Securities Inc. bought a new stake in shares of Johnson Controls International during the third quarter worth $26,000. 90.05% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

JCI has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $60.00 target price (down previously from $65.00) on shares of Johnson Controls International in a research note on Wednesday, January 31st. TheStreet raised shares of Johnson Controls International from a “c+” rating to a “b-” rating in a research note on Tuesday, December 26th. Royal Bank of Canada reduced their price objective on shares of Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating on the stock in a research note on Wednesday, January 31st. StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. Finally, Mizuho cut shares of Johnson Controls International from a “buy” rating to a “neutral” rating and set a $62.00 price objective on the stock. in a research note on Friday, February 23rd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Johnson Controls International currently has a consensus rating of “Hold” and an average price target of $64.08.

Johnson Controls International Price Performance

JCI stock opened at $65.29 on Monday. The firm has a market cap of $44.49 billion, a price-to-earnings ratio of 21.27, a PEG ratio of 1.64 and a beta of 1.24. 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 plc has a 12-month low of $47.90 and a 12-month high of $70.43. The company’s fifty day simple moving average is $60.98 and its 200 day simple moving average is $56.09.

Johnson Controls International (NYSE:JCI) last released its earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share (EPS) for the quarter, meeting 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 previous year, the business earned $0.67 earnings per share. Johnson Controls International’s revenue for the quarter was up .4% on a year-over-year basis. On average, analysts expect that Johnson Controls International plc will post 3.61 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 19th. Stockholders of record on Monday, March 25th will be issued a dividend of $0.37 per share. The ex-dividend date is Friday, March 22nd. This represents a $1.48 annualized dividend and a dividend yield of 2.27%. Johnson Controls International’s dividend payout ratio is currently 48.21%.

About Johnson Controls International

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.