Realta Investment Advisors Buys New Shares in Johnson Controls International plc (NYSE:JCI)

Realta Investment Advisors bought a new position in Johnson Controls International plc (NYSE:JCI) in the 4th quarter, Holdings Channel.com reports. The fund bought 6,154 shares of the company’s stock, valued at approximately $492,000.

A number of other institutional investors have also bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Johnson Controls International by 514.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock worth $418,439,000 after acquiring an additional 4,514,792 shares during the period. Fisher Asset Management LLC lifted its holdings in Johnson Controls International by 3.4% in the 3rd quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock worth $1,187,084,000 after purchasing an additional 509,293 shares in the last quarter. Janney Montgomery Scott LLC bought a new position in Johnson Controls International in the 4th quarter worth approximately $32,609,000. Worldquant Millennium Advisors LLC purchased a new stake in Johnson Controls International during the 3rd quarter valued at approximately $25,065,000. Finally, State Street Corp raised its position in shares of Johnson Controls International by 1.1% during the third quarter. State Street Corp now owns 27,939,766 shares of the company’s stock valued at $2,178,595,000 after buying an additional 300,712 shares during the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Up 2.4 %

NYSE JCI opened at $88.09 on Friday. Johnson Controls International plc has a 52 week low of $53.34 and a 52 week high of $88.90. The firm has a market capitalization of $58.15 billion, a price-to-earnings ratio of 34.68, a PEG ratio of 2.24 and a beta of 1.32. The company has a quick ratio of 0.79, a current ratio of 0.94 and a debt-to-equity ratio of 0.46. The company has a fifty day moving average of $80.85 and a two-hundred day moving average of $76.84.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 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, analysts predict that Johnson Controls International plc will post 3.45 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors 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 1.68%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s payout ratio is currently 58.27%.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. UBS Group began coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 target price for the company. Morgan Stanley increased their price objective on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday. Barclays lifted their target price on Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Melius lowered Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target for the company. in a research note on Tuesday, January 28th. Finally, Wells Fargo & Company lifted their price objective on Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat, Johnson Controls International presently has an average rating of “Hold” and a consensus target price of $90.27.

Insider Buying and Selling at Johnson Controls International

In other news, CEO George Oliver sold 224,152 shares of the business’s stock in a transaction 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 completion of the sale, the chief executive officer now directly owns 1,166,992 shares of the company’s stock, valued at approximately $96,533,578.24. The trade was a 16.11 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Nathan D. Manning sold 1,421 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $76.44, for a total transaction of $108,621.24. Following the completion of the transaction, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 649,208 shares of company stock valued at $54,081,073 in the last quarter. 0.54% of the stock is owned by insiders.

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.