WealthShield Partners LLC Trims Position in Johnson Controls International plc (NYSE:JCI)

WealthShield Partners LLC cut its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 2.9% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm owned 27,879 shares of the company’s stock after selling 822 shares during the period. WealthShield Partners LLC’s holdings in Johnson Controls International were worth $2,211,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Compass Financial Services Inc bought a new stake in shares of Johnson Controls International during the fourth quarter valued at approximately $26,000. Fortitude Family Office LLC boosted its position in shares of Johnson Controls International by 195.8% during the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock valued at $33,000 after purchasing an additional 278 shares in the last quarter. Synergy Asset Management LLC bought a new stake in shares of Johnson Controls International during the fourth quarter valued at approximately $42,000. ST Germain D J Co. Inc. boosted its position in shares of Johnson Controls International by 32.8% during 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, Western Pacific Wealth Management LP bought a new stake in shares of Johnson Controls International during the third quarter valued at approximately $44,000. 90.05% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, EVP Marlon Sullivan sold 7,230 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $83.35, for a total transaction of $602,620.50. Following the completion of the transaction, the executive vice president now owns 32,246 shares in the company, valued at $2,687,704.10. This trade represents a 18.31 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO George Oliver sold 162,894 shares of the business’s stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the sale, the chief executive officer now owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. This trade represents a 11.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 708,700 shares of company stock worth $62,083,088 in the last quarter. 0.54% of the stock is owned by corporate insiders.

Johnson Controls International Stock Performance

Shares of JCI opened at $85.23 on Monday. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The business has a 50-day simple moving average of $82.06 and a two-hundred day simple moving average of $78.56. The stock has a market cap of $56.26 billion, a price-to-earnings ratio of 32.53, a PEG ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 52 week low of $57.78 and a 52 week high of $91.14.

Johnson Controls International (NYSE:JCI) last released 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 return on equity of 15.11% and a net margin of 6.83%. On average, analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.74%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) is 56.49%.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on JCI shares. 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. Morgan Stanley boosted their target price on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Robert W. Baird boosted their target price on Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, Citigroup dropped their target price on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average 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.