RFG Bristol Wealth Advisors LLC Purchases New Position in Johnson Controls International plc (NYSE:JCI)

RFG Bristol Wealth Advisors LLC acquired a new position in shares of Johnson Controls International plc (NYSE:JCI) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 2,816 shares of the company’s stock, valued at approximately $222,000.

A number of other institutional investors also recently made changes to their positions in JCI. Public Sector Pension Investment Board grew its holdings in Johnson Controls International by 14.1% in the 3rd quarter. Public Sector Pension Investment Board now owns 28,321 shares of the company’s stock valued at $2,198,000 after buying an additional 3,500 shares in the last quarter. Benjamin Edwards Inc. grew its stake in shares of Johnson Controls International by 80.9% in the third quarter. Benjamin Edwards Inc. now owns 5,280 shares of the company’s stock valued at $410,000 after acquiring an additional 2,362 shares in the last quarter. Hilltop Holdings Inc. increased its position in Johnson Controls International by 14.3% during the third quarter. Hilltop Holdings Inc. now owns 6,582 shares of the company’s stock worth $511,000 after acquiring an additional 825 shares during the period. HighTower Advisors LLC raised its stake in Johnson Controls International by 0.8% in the 3rd quarter. HighTower Advisors LLC now owns 703,540 shares of the company’s stock worth $54,631,000 after purchasing an additional 5,551 shares in the last quarter. Finally, Janus Henderson Group PLC boosted its holdings in Johnson Controls International by 4.0% in the 3rd quarter. Janus Henderson Group PLC now owns 124,366 shares of the company’s stock valued at $9,651,000 after purchasing an additional 4,777 shares during the period. Institutional investors own 90.05% of the company’s stock.

Insiders Place Their Bets

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares in the company, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the company’s stock in a transaction dated Thursday, February 6th. The shares were sold at an average price of $87.73, for a total transaction of $171,073.50. Following the transaction, the vice president now owns 24,803 shares in the company, valued at $2,175,967.19. This represents a 7.29 % decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 907,286 shares of company stock worth $77,938,071. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Trading Up 1.9 %

JCI opened at $82.97 on Thursday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14. The company’s 50 day moving average price is $82.92 and its two-hundred day moving average price is $80.78. The firm has a market capitalization of $54.77 billion, a price-to-earnings ratio of 31.67, a PEG ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last announced its earnings results 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%. As a group, research analysts predict that Johnson Controls International plc will post 3.64 earnings per share for the current year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be issued a $0.37 dividend. The ex-dividend date is Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.78%. Johnson Controls International’s payout ratio is 56.49%.

Analyst Upgrades and Downgrades

JCI has been the subject of a number of analyst reports. Melius Research reiterated a “hold” rating and issued a $95.00 price target on shares of Johnson Controls International in a research report on Tuesday, January 28th. Morgan Stanley upped 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. Royal Bank of Canada raised their price target on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 6th. UBS Group raised shares of Johnson Controls International from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $90.00 to $103.00 in a research report on Monday, February 10th. Finally, JPMorgan Chase & Co. lifted their price objective 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. Eight investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $91.27.

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.