Johnson Controls International plc (NYSE:JCI) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC trimmed its holdings in Johnson Controls International plc (NYSE:JCI) by 2.8% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 92,882 shares of the company’s stock after selling 2,700 shares during the period. Yousif Capital Management LLC’s holdings in Johnson Controls International were worth $7,331,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. Fortitude Family Office LLC raised its stake in Johnson Controls International by 195.8% during the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after acquiring an additional 278 shares during the last quarter. Wolff Wiese Magana LLC raised its stake in shares of Johnson Controls International by 977.3% during the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock worth $37,000 after purchasing an additional 430 shares during the last quarter. Synergy Asset Management LLC acquired a new stake in shares of Johnson Controls International during the fourth quarter worth $42,000. ST Germain D J Co. Inc. grew its position in Johnson Controls International by 32.8% in the 4th quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after buying an additional 134 shares during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new position in Johnson Controls International in the 3rd quarter valued at $44,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on JCI. Citigroup reduced their target price on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Melius Research restated a “hold” rating and issued a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. Mizuho boosted their target price on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a report on Friday, December 20th. Finally, Royal Bank of Canada lifted their price target on Johnson Controls International from $81.00 to $86.00 and gave the company a “sector perform” rating in a research note on Thursday, November 7th. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $87.20.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $86.09 on Thursday. The firm has a market capitalization of $56.83 billion, a PE ratio of 33.89, a P/E/G ratio of 2.24 and a beta of 1.32. Johnson Controls International plc has a 52 week low of $52.79 and a 52 week high of $88.90. The firm’s 50-day simple moving average is $80.72 and its 200 day simple moving average is $76.69. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.49% and a return on equity of 14.51%. On average, equities research analysts predict that Johnson Controls International plc will post 3.45 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.72%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is presently 58.27%.

Insiders Place Their Bets

In related news, CEO George Oliver sold 224,152 shares of the firm’s stock in a transaction that occurred on Wednesday, November 20th. The shares were sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the sale, the chief executive officer now owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. This trade represents a 16.11 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the transaction, the vice president now owns 148,346 shares of the company’s stock, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 649,208 shares of company stock valued at $54,081,073. 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.