Smartleaf Asset Management LLC Boosts Stake in Johnson Controls International plc (NYSE:JCI)

Smartleaf Asset Management LLC grew its holdings in Johnson Controls International plc (NYSE:JCI) by 25.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,845 shares of the company’s stock after purchasing an additional 1,190 shares during the period. Smartleaf Asset Management LLC’s holdings in Johnson Controls International were worth $463,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of JCI. West Michigan Advisors LLC lifted its position in Johnson Controls International by 0.5% in the fourth quarter. West Michigan Advisors LLC now owns 32,330 shares of the company’s stock valued at $2,561,000 after buying an additional 170 shares during the last quarter. US Bancorp DE raised its stake in shares of Johnson Controls International by 2.0% in the 4th quarter. US Bancorp DE now owns 84,643 shares of the company’s stock valued at $6,681,000 after acquiring an additional 1,645 shares during the period. Fisher Asset Management LLC lifted its holdings in shares of Johnson Controls International by 2.9% in the 4th quarter. Fisher Asset Management LLC now owns 15,743,019 shares of the company’s stock worth $1,242,597,000 after acquiring an additional 447,513 shares during the last quarter. SVB Wealth LLC purchased a new position in shares of Johnson Controls International during the 4th quarter worth approximately $422,000. Finally, Flputnam Investment Management Co. increased its holdings in Johnson Controls International by 11.0% in the 4th quarter. Flputnam Investment Management Co. now owns 5,545 shares of the company’s stock valued at $438,000 after purchasing an additional 550 shares during the last quarter. 90.05% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

JCI has been the topic of a number of research reports. Oppenheimer upped their price target on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research note on Thursday, November 7th. Barclays increased their target price on Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research note on Thursday, December 5th. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price for the company in a report on Friday, December 20th. UBS Group upgraded shares of Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $90.00 to $103.00 in a research note on Monday, February 10th. Finally, Citigroup lowered their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $91.13.

Insiders Place Their Bets

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of the firm’s stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the transaction, the chief executive officer now owns 1,260,527 shares of the company’s stock, valued at approximately $110,964,191.81. This trade represents a 14.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now owns 148,346 shares in the company, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 837,777 shares of company stock valued at $72,867,455. 0.54% of the stock is owned by corporate insiders.

Johnson Controls International Price Performance

Johnson Controls International stock opened at $80.84 on Wednesday. The stock has a market cap of $53.36 billion, a P/E ratio of 30.85, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The company has a fifty day simple moving average of $82.48 and a 200-day simple moving average of $79.32. 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 12-month low of $59.83 and a 12-month 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 (EPS) for the quarter, topping the consensus estimate 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 expect that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were paid a $0.37 dividend. The ex-dividend date was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.83%. Johnson Controls International’s dividend payout ratio is currently 56.49%.

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.