Wrapmanager Inc. Increases Stock Holdings in Johnson Controls International plc (NYSE:JCI)

Wrapmanager Inc. boosted its stake in Johnson Controls International plc (NYSE:JCI) by 6.6% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 5,583 shares of the company’s stock after buying an additional 345 shares during the quarter. Wrapmanager Inc.’s holdings in Johnson Controls International were worth $441,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the stock. Compass Financial Services Inc bought a new stake in shares of Johnson Controls International in the 4th quarter worth $26,000. Fortitude Family Office LLC boosted its holdings in Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after purchasing an additional 278 shares during the last quarter. Synergy Asset Management LLC bought a new stake in Johnson Controls International in the 4th quarter worth about $42,000. ST Germain D J Co. Inc. increased its stake 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 bought a new position in shares of Johnson Controls International during the 3rd quarter worth approximately $44,000. 90.05% of the stock is currently owned by institutional investors.

Insider Activity at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction on 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 sale, the vice president now owns 148,346 shares of the company’s stock, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO George Oliver sold 124,497 shares of the company’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $82.67, for a total value of $10,292,166.99. Following the completion of the transaction, the chief executive officer now owns 1,267,716 shares in the company, valued at $104,802,081.72. This represents a 8.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 708,700 shares of company stock valued at $62,083,088. Corporate insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Down 1.7 %

Shares of JCI stock opened at $83.87 on Tuesday. The stock has a market capitalization of $55.36 billion, a price-to-earnings ratio of 32.01, a PEG ratio of 1.96 and a beta of 1.32. The company’s fifty day simple moving average is $82.06 and its two-hundred day simple moving average is $78.67. Johnson Controls International plc has a 1 year low of $58.15 and a 1 year high of $91.14. 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 issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. As a group, analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.76%. Johnson Controls International’s dividend payout ratio (DPR) is currently 56.49%.

Analysts Set New Price Targets

Several research firms have recently issued reports on JCI. Oppenheimer upped their target price on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. Robert W. Baird upped their price objective on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research note on Thursday, November 7th. 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 research note on Tuesday, January 28th. Royal Bank of Canada boosted their price target on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. Finally, Barclays raised their price objective on shares of Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Johnson Controls International presently has an average rating of “Moderate Buy” and an average target price of $91.13.

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.