Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck Sells 186 Shares

Johnson Controls International plc (NYSE:JCI) CFO Marc Vandiepenbeeck sold 186 shares of the stock in a transaction on Monday, April 22nd. The shares were sold at an average price of $63.70, for a total value of $11,848.20. Following the sale, the chief financial officer now owns 44,315 shares of the company’s stock, valued at approximately $2,822,865.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Marc Vandiepenbeeck also recently made the following trade(s):

• On Wednesday, April 3rd, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $65.50, for a total value of $12,183.00.
• On Wednesday, March 20th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $63.87, for a total value of $11,879.82.
• On Monday, March 4th, Marc Vandiepenbeeck sold 186 shares of Johnson Controls International stock. The shares were sold at an average price of $60.24, for a total value of $11,204.64.

Johnson Controls International Price Performance

NYSE:JCI opened at $65.17 on Wednesday. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.97 and a quick ratio of 0.73. The company has a 50 day moving average price of $62.34 and a 200-day moving average price of $56.67. Johnson Controls International plc has a 1-year low of $47.90 and a 1-year high of $70.43. The firm has a market cap of $44.41 billion, a price-to-earnings ratio of 21.23, a price-to-earnings-growth ratio of 1.60 and a beta of 1.24.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings results on Tuesday, January 30th. The company reported $0.51 EPS for the quarter, meeting the consensus estimate of $0.51. The company had revenue of $6.09 billion for the quarter, compared to analyst estimates of $6.94 billion. Johnson Controls International had a net margin of 7.85% and a return on equity of 13.08%. The firm’s revenue was up .4% on a year-over-year basis. During the same quarter last year, the business earned $0.67 earnings per share. Equities research analysts forecast that Johnson Controls International plc will post 3.61 EPS for the current year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, April 19th. Investors of record on Monday, March 25th were issued a $0.37 dividend. The ex-dividend date of this dividend was Friday, March 22nd. This represents a $1.48 dividend on an annualized basis and a yield of 2.27%. Johnson Controls International’s payout ratio is 48.21%.

Hedge Funds Weigh In On Johnson Controls International

Hedge funds have recently bought and sold shares of the business. Optimum Investment Advisors grew its holdings in Johnson Controls International by 17.5% in the fourth quarter. Optimum Investment Advisors now owns 1,175 shares of the company’s stock valued at $68,000 after purchasing an additional 175 shares during the period. Raleigh Capital Management Inc. grew its holdings in Johnson Controls International by 3.9% in the third quarter. Raleigh Capital Management Inc. now owns 4,767 shares of the company’s stock valued at $254,000 after purchasing an additional 179 shares during the period. BSW Wealth Partners grew its holdings in Johnson Controls International by 4.3% in the fourth quarter. BSW Wealth Partners now owns 4,494 shares of the company’s stock valued at $259,000 after purchasing an additional 185 shares during the period. HCR Wealth Advisors grew its holdings in Johnson Controls International by 1.2% in the fourth quarter. HCR Wealth Advisors now owns 16,225 shares of the company’s stock valued at $935,000 after purchasing an additional 185 shares during the period. Finally, Cottage Street Advisors LLC grew its holdings in Johnson Controls International by 4.9% in the third quarter. Cottage Street Advisors LLC now owns 4,189 shares of the company’s stock valued at $223,000 after purchasing an additional 196 shares during the period. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $60.00 target price (down previously from $65.00) on shares of Johnson Controls International in a research note on Wednesday, January 31st. TheStreet upgraded Johnson Controls International from a “c+” rating to a “b-” rating in a research note on Tuesday, December 26th. Wells Fargo & Company raised their target price on Johnson Controls International from $64.00 to $73.00 and gave the stock an “overweight” rating in a research note on Tuesday, April 2nd. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. Finally, Melius Research restated a “hold” rating on shares of Johnson Controls International in a research note on Tuesday, January 30th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International has a consensus rating of “Hold” and a consensus price target of $64.50.

Johnson Controls International Company 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.