Johnson Controls International plc (NYSE:JCI) Stock Holdings Increased by Wedbush Securities Inc.

Wedbush Securities Inc. lifted its holdings in Johnson Controls International plc (NYSE:JCI) by 1.6% in the 4th quarter, HoldingsChannel reports. The firm owned 11,981 shares of the company’s stock after purchasing an additional 184 shares during the quarter. Wedbush Securities Inc.’s holdings in Johnson Controls International were worth $946,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Envestnet Asset Management Inc. grew its position in Johnson Controls International by 24.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 2,450,057 shares of the company’s stock valued at $193,383,000 after buying an additional 480,085 shares in the last quarter. Katamaran Capital LLP acquired a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $1,765,000. Oarsman Capital Inc. boosted its holdings in shares of Johnson Controls International by 6.2% in the fourth quarter. Oarsman Capital Inc. now owns 24,283 shares of the company’s stock valued at $1,917,000 after acquiring an additional 1,417 shares in the last quarter. KCM Investment Advisors LLC increased its stake in shares of Johnson Controls International by 6.1% during the fourth quarter. KCM Investment Advisors LLC now owns 24,089 shares of the company’s stock valued at $1,901,000 after acquiring an additional 1,382 shares during the period. Finally, Smith Moore & CO. bought a new stake in Johnson Controls International during the fourth quarter worth approximately $235,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Johnson Controls International

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the company’s stock in a transaction that occurred 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 transaction, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. This represents a 0.95 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction on Friday, February 7th. The shares were sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the sale, the chief executive officer now directly owns 1,260,527 shares of the company’s stock, valued at $110,964,191.81. This trade represents a 14.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 907,286 shares of company stock valued at $77,938,071 over the last three months. 0.54% of the stock is owned by corporate insiders.

Johnson Controls International Trading Down 7.0 %

NYSE JCI opened at $71.84 on Monday. The firm’s 50 day moving average price is $82.63 and its two-hundred day moving average price is $80.87. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. Johnson Controls International plc has a twelve month low of $59.83 and a twelve month high of $91.14. The stock has a market cap of $47.42 billion, a price-to-earnings ratio of 27.42, a PEG ratio of 1.96 and a beta of 1.22.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating 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%. Equities analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be issued a $0.37 dividend. The ex-dividend date of this dividend is Monday, March 24th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.06%. Johnson Controls International’s dividend payout ratio is 56.49%.

Analyst Ratings Changes

Several brokerages have recently issued reports on JCI. UBS Group upgraded Johnson Controls International from a “neutral” rating to a “buy” rating and lifted their price target for the company from $90.00 to $103.00 in a research report on Monday, February 10th. Wells Fargo & Company lifted their target price on Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Citigroup dropped their price target on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. Melius Research restated a “hold” rating and set a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. Finally, Barclays dropped their target price on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a report on Monday, March 10th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Johnson Controls International presently has an average rating of “Moderate Buy” and a consensus price target of $91.27.

Johnson Controls International 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.