Stock Traders Buy Large Volume of Call Options on Johnson Controls International (NYSE:JCI)

Johnson Controls International plc (NYSE:JCIGet Free Report) was the target of unusually large options trading activity on Wednesday. Stock investors bought 19,207 call options on the stock. This is an increase of approximately 1,963% compared to the average volume of 931 call options.

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. TheStreet upgraded shares of Johnson Controls International from a “c+” rating to a “b-” rating in a research note on Tuesday, December 26th. Barclays dropped their price target on shares of Johnson Controls International from $60.00 to $59.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 31st. HSBC lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $60.00 price objective on the stock. in a research note on Wednesday, January 31st. Wells Fargo & Company lowered their price objective on shares of Johnson Controls International from $65.00 to $64.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 31st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $60.00 price objective (down previously from $65.00) on shares of Johnson Controls International in a research note on Wednesday, January 31st. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $62.64.

Check Out Our Latest Research Report on Johnson Controls International

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 103,332 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The shares were sold at an average price of $52.30, for a total value of $5,404,263.60. Following the transaction, the chief executive officer now owns 980,403 shares of the company’s stock, valued at $51,275,076.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last 90 days, insiders have sold 103,892 shares of company stock valued at $5,435,042. Insiders own 0.69% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Ballentine Partners LLC boosted its holdings in Johnson Controls International by 1.6% during the second quarter. Ballentine Partners LLC now owns 9,173 shares of the company’s stock worth $625,000 after purchasing an additional 148 shares during the last quarter. Advisory Resource Group boosted its holdings in Johnson Controls International by 1.7% during the first quarter. Advisory Resource Group now owns 9,910 shares of the company’s stock worth $597,000 after purchasing an additional 162 shares during the last quarter. Optimum Investment Advisors boosted its holdings in Johnson Controls International by 17.5% during the fourth quarter. Optimum Investment Advisors now owns 1,175 shares of the company’s stock worth $68,000 after purchasing an additional 175 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in Johnson Controls International by 2.9% during the second quarter. Sequoia Financial Advisors LLC now owns 6,161 shares of the company’s stock worth $420,000 after purchasing an additional 176 shares during the last quarter. Finally, Raleigh Capital Management Inc. boosted its holdings in Johnson Controls International by 3.9% during the third quarter. Raleigh Capital Management Inc. now owns 4,767 shares of the company’s stock worth $254,000 after purchasing an additional 179 shares during the last quarter. Institutional investors own 88.64% of the company’s stock.

Johnson Controls International Trading Up 1.3 %

Johnson Controls International stock opened at $55.10 on Friday. The company has a 50 day moving average price of $55.39 and a 200 day moving average price of $55.66. Johnson Controls International has a 52 week low of $47.90 and a 52 week high of $70.43. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.73 and a current ratio of 0.97. The firm has a market capitalization of $37.55 billion, a price-to-earnings ratio of 17.95, a P/E/G ratio of 1.32 and a beta of 1.22.

Johnson Controls International (NYSE:JCIGet Free Report) last issued its earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.51. The company had revenue of $6.09 billion during the quarter, compared to analyst estimates 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 revenue for the quarter was up .4% on a year-over-year basis. During the same quarter last year, the business posted $0.67 EPS. Research analysts forecast that Johnson Controls International will post 3.63 EPS for the current year.

Johnson Controls International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, January 12th. Stockholders of record on Monday, December 18th were issued a dividend of $0.37 per share. The ex-dividend date was Friday, December 15th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.69%. Johnson Controls International’s dividend payout ratio is currently 48.21%.

About Johnson Controls International

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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.

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