9,861 Shares in Johnson Controls International plc (NYSE:JCI) Purchased by Mufg Securities Americas Inc.

Mufg Securities Americas Inc. acquired a new position in shares of Johnson Controls International plc (NYSE:JCI) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 9,861 shares of the company’s stock, valued at approximately $778,000.

A number of other hedge funds have also made changes to their positions in the company. Gilbert & Cook Inc. increased its position in shares of Johnson Controls International by 2.0% during the fourth quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company’s stock worth $510,000 after purchasing an additional 127 shares in the last quarter. Jackson Hole Capital Partners LLC grew its holdings in shares of Johnson Controls International by 0.7% during the fourth quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company’s stock worth $1,470,000 after buying an additional 127 shares in the last quarter. Brooklyn Investment Group grew its holdings in shares of Johnson Controls International by 3.1% during the fourth quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock worth $351,000 after buying an additional 135 shares in the last quarter. Trust Co. of Vermont raised its position in shares of Johnson Controls International by 10.4% in the fourth quarter. Trust Co. of Vermont now owns 1,488 shares of the company’s stock valued at $117,000 after buying an additional 140 shares during the last quarter. Finally, Catalyst Financial Partners LLC lifted its stake in shares of Johnson Controls International by 4.8% in the fourth quarter. Catalyst Financial Partners LLC now owns 3,154 shares of the company’s stock worth $249,000 after buying an additional 144 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

JCI has been the subject of several research reports. Vertical Research raised shares of Johnson Controls International from a “hold” rating to a “buy” rating and set a $105.00 price objective for the company in a research note on Thursday, May 8th. Melius cut Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price on the stock. in a report on Tuesday, January 28th. JPMorgan Chase & Co. cut their price target on Johnson Controls International from $100.00 to $81.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. Finally, Morgan Stanley raised their target price on Johnson Controls International from $105.00 to $115.00 and gave the stock an “overweight” rating in a research note on Friday, May 9th. Eight research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $94.35.

Johnson Controls International Trading Up 0.3%

Shares of JCI stock opened at $96.32 on Thursday. Johnson Controls International plc has a 1-year low of $64.31 and a 1-year high of $97.11. The firm has a market cap of $63.38 billion, a PE ratio of 36.76, a price-to-earnings-growth ratio of 1.96 and a beta of 1.28. The company has a 50-day moving average of $81.52 and a two-hundred day moving average of $81.96. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.82 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.05. The firm had revenue of $5.68 billion during the quarter, compared to analysts’ expectations of $5.64 billion. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. During the same quarter last year, the company posted $0.78 EPS. On average, analysts predict that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were issued a $0.37 dividend. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.54%. Johnson Controls International’s dividend payout ratio is presently 39.47%.

Insider Buying and Selling

In other Johnson Controls International news, Director George Oliver sold 100,000 shares of the business’s stock in a transaction dated Friday, May 9th. The shares were sold at an average price of $91.70, for a total transaction of $9,170,000.00. Following the sale, the director now directly owns 904,305 shares in the company, valued at $82,924,768.50. This represents a 9.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total transaction of $113,361.84. Following the sale, the vice president now directly owns 145,502 shares in the company, valued at $11,599,419.44. This represents a 0.97% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 623,290 shares of company stock valued at $53,188,746. Corporate insiders own 0.54% of the company’s stock.

Johnson Controls International Company 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.