Johnson Controls International plc (NYSE:JCI) Stock Holdings Increased by Citizens Financial Group Inc. RI

Citizens Financial Group Inc. RI boosted its stake in shares of Johnson Controls International plc (NYSE:JCI) by 11.9% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,150 shares of the company’s stock after purchasing an additional 336 shares during the period. Citizens Financial Group Inc. RI’s holdings in Johnson Controls International were worth $249,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Compass Financial Services Inc purchased a new position in shares of Johnson Controls International during the 4th quarter valued at $26,000. SBI Securities Co. Ltd. acquired a new stake in Johnson Controls International during the fourth quarter valued at $29,000. Synergy Asset Management LLC purchased a new position in Johnson Controls International in the fourth quarter valued at about $42,000. ST Germain D J Co. Inc. grew its stake in Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock valued at $43,000 after purchasing an additional 134 shares in the last quarter. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Johnson Controls International during the 4th quarter worth about $48,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP Nathan D. Manning sold 1,421 shares of the company’s stock in a transaction on Monday, February 3rd. The stock was 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 directly owns 148,346 shares in the company, valued at approximately $11,339,568.24. This represents a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director George Oliver sold 15,669 shares of Johnson Controls International stock in a transaction on Friday, March 14th. The stock was sold at an average price of $77.49, for a total transaction of $1,214,190.81. Following the sale, the director now owns 1,003,893 shares in the company, valued at $77,791,668.57. This represents a 1.54 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 906,050 shares of company stock worth $77,839,329. 0.54% of the stock is currently owned by company insiders.

Johnson Controls International Stock Up 3.0 %

JCI opened at $79.78 on Friday. The business has a 50 day moving average of $82.41 and a 200-day moving average of $79.67. The stock has a market capitalization of $52.67 billion, a price-to-earnings ratio of 30.45, a P/E/G ratio of 1.96 and a beta of 1.32. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year high of $91.14.

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 net margin of 6.83% and a return on equity of 15.11%. As a group, sell-side 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 declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be issued a $0.37 dividend. The ex-dividend date is Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.86%. Johnson Controls International’s dividend payout ratio (DPR) is 56.49%.

Wall Street Analyst Weigh In

JCI has been the subject of several research reports. Royal Bank of Canada lifted their price target on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a report on Thursday, February 6th. JPMorgan Chase & Co. boosted their target price on shares of Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Barclays cut their price target 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. Morgan Stanley increased their target price on shares of Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Finally, Wells Fargo & Company raised their target price on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus 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.