Barnett & Company Inc. Sells 850 Shares of Johnson Controls International plc (NYSE:JCI)

Barnett & Company Inc. decreased its stake in shares of Johnson Controls International plc (NYSE:JCI) by 12.4% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 6,000 shares of the company’s stock after selling 850 shares during the period. Barnett & Company Inc.’s holdings in Johnson Controls International were worth $474,000 as of its most recent filing with the SEC.

Several other large investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in Johnson Controls International by 0.3% during the 4th quarter. Vanguard Group Inc. now owns 68,156,110 shares of the company’s stock worth $5,379,562,000 after purchasing an additional 179,743 shares in the last quarter. State Street Corp lifted its holdings in shares of Johnson Controls International by 1.1% in the 3rd quarter. State Street Corp now owns 27,939,766 shares of the company’s stock worth $2,178,595,000 after purchasing an additional 300,712 shares in the last quarter. Fisher Asset Management LLC increased its holdings in Johnson Controls International by 2.9% during the 4th quarter. Fisher Asset Management LLC now owns 15,743,019 shares of the company’s stock worth $1,242,597,000 after purchasing an additional 447,513 shares in the last quarter. Geode Capital Management LLC boosted its holdings in Johnson Controls International by 0.5% during the third quarter. Geode Capital Management LLC now owns 13,475,260 shares of the company’s stock worth $1,041,822,000 after purchasing an additional 71,493 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in shares of Johnson Controls International during the 4th quarter worth $568,309,000. Institutional investors own 90.05% of the company’s stock.

Wall Street Analysts Forecast Growth

JCI has been the topic of several recent analyst reports. JPMorgan Chase & Co. increased 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 note on Thursday, February 6th. Barclays cut their target price on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a research note on Monday, March 10th. Royal Bank of Canada raised 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. Melius Research reiterated a “hold” rating and set a $95.00 price objective on shares of Johnson Controls International in a research report on Tuesday, January 28th. Finally, Wells Fargo & Company boosted their price target on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $91.27.

Johnson Controls International Stock Down 0.6 %

Johnson Controls International stock opened at $82.64 on Monday. The stock has a market cap of $54.55 billion, a price-to-earnings ratio of 31.54, a PEG 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 52 week low of $59.83 and a 52 week high of $91.14. The company’s 50-day moving average price is $82.70 and its two-hundred day moving average price is $80.17.

Johnson Controls International (NYSE:JCI) last released its earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating 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 fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Stockholders of record on Monday, March 24th will be given a dividend of $0.37 per share. The ex-dividend date is Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.79%. Johnson Controls International’s dividend payout ratio (DPR) is currently 56.49%.

Insider Buying and Selling

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of the business’s stock in a transaction that occurred on 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 $110,964,191.81. The trade was a 14.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction that occurred 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 approximately $11,339,568.24. This represents a 0.95 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 905,864 shares of company stock worth $77,824,710 in the last quarter. 0.54% of the stock is owned by corporate insiders.

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.