Anchor Capital Advisors LLC Invests $1.57 Million in Johnson Controls International plc (NYSE:JCI)

Anchor Capital Advisors LLC acquired a new stake in shares of Johnson Controls International plc (NYSE:JCI) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 19,835 shares of the company’s stock, valued at approximately $1,566,000.

Other hedge funds also recently bought and sold shares of the company. Compass Financial Services Inc bought a new stake in Johnson Controls International during the fourth quarter valued at about $26,000. Synergy Asset Management LLC bought a new stake in Johnson Controls International during the 4th quarter valued at approximately $42,000. ST Germain D J Co. Inc. raised its stake in Johnson Controls International by 32.8% during the 4th 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 during the period. Western Pacific Wealth Management LP purchased a new position in Johnson Controls International in the 3rd quarter worth approximately $44,000. Finally, Heck Capital Advisors LLC bought a new position in Johnson Controls International in the 4th quarter worth approximately $48,000. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Trading Up 1.7 %

JCI opened at $85.68 on Friday. Johnson Controls International plc has a 52 week low of $59.11 and a 52 week high of $91.14. The company has a market capitalization of $56.56 billion, a P/E ratio of 32.70, a PEG ratio of 1.96 and a beta of 1.32. The stock’s fifty day moving average is $82.43 and its two-hundred day moving average is $79.00. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating 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%. Analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.73%. Johnson Controls International’s payout ratio is presently 56.49%.

Insider Transactions at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 1,950 shares of the business’s stock in a transaction on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total value of $171,073.50. Following the completion of the transaction, the vice president now directly owns 24,803 shares of the company’s stock, valued at approximately $2,175,967.19. The trade was a 7.29 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, 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 sale, the vice president now owns 148,346 shares of the company’s stock, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 837,963 shares of company stock valued at $72,883,012. Company insiders own 0.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on JCI shares. JPMorgan Chase & Co. upped their price target on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Oppenheimer raised their price objective on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. Melius Research reissued a “hold” rating and set a $95.00 target price on shares of Johnson Controls International in a research report on Tuesday, January 28th. Wells Fargo & Company increased their price objective on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Finally, Morgan Stanley boosted their target price on Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $91.13.

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.