AMF Tjanstepension AB Purchases 873,841 Shares of Johnson Controls International plc (NYSE:JCI)

AMF Tjanstepension AB increased its holdings in Johnson Controls International plc (NYSE:JCI) by 500.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,048,377 shares of the company’s stock after purchasing an additional 873,841 shares during the quarter. AMF Tjanstepension AB owned approximately 0.16% of Johnson Controls International worth $82,797,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of JCI. Raymond James Financial Inc. purchased a new position in Johnson Controls International during the 4th quarter valued at $568,309,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Johnson Controls International by 514.9% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock valued at $418,439,000 after purchasing an additional 4,514,792 shares in the last quarter. Fisher Asset Management LLC increased its position in shares of Johnson Controls International by 3.4% during the third quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock valued at $1,187,084,000 after buying an additional 509,293 shares during the period. Proficio Capital Partners LLC increased its position in shares of Johnson Controls International by 9,843.4% during the fourth quarter. Proficio Capital Partners LLC now owns 484,542 shares of the company’s stock valued at $38,245,000 after buying an additional 479,669 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in Johnson Controls International in the fourth quarter worth about $32,609,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Trading Down 1.2 %

Shares of NYSE JCI opened at $80.07 on Friday. The firm’s 50 day moving average price is $82.51 and its 200-day moving average price is $79.42. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The company has a market cap of $52.86 billion, a PE ratio of 30.56, a P/E/G ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. On average, equities research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Insider Activity

In other news, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International 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 completion of the sale, the vice president now directly owns 148,346 shares in the company, valued at $11,339,568.24. The trade was a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO George Oliver sold 124,497 shares of the stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total transaction of $10,292,166.99. Following the transaction, the chief executive officer now owns 1,267,716 shares in the company, valued at approximately $104,802,081.72. This trade represents a 8.94 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 837,777 shares of company stock valued at $72,867,455 over the last ninety days. 0.54% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

JCI has been the topic of several research reports. Melius Research reaffirmed a “hold” rating and set a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Citigroup decreased their price objective on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a report on Monday, January 13th. Wells Fargo & Company boosted their target price on shares of Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Finally, JPMorgan Chase & Co. increased their price target on shares of Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, Johnson Controls International presently has a consensus rating of “Moderate Buy” and a consensus 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.