Landscape Capital Management L.L.C. Increases Stock Position in Johnson Controls International plc (NYSE:JCI)

Landscape Capital Management L.L.C. boosted its position in Johnson Controls International plc (NYSE:JCI) by 17.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,469 shares of the company’s stock after acquiring an additional 3,500 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Johnson Controls International were worth $1,852,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Compass Financial Services Inc purchased a new position in shares of Johnson Controls International in the 4th quarter valued at approximately $26,000. SBI Securities Co. Ltd. purchased a new stake in Johnson Controls International in the fourth quarter worth about $29,000. Synergy Asset Management LLC bought a new stake in Johnson Controls International during the 4th quarter worth approximately $42,000. Crowley Wealth Management Inc. bought a new position in shares of Johnson Controls International in the fourth quarter worth approximately $42,000. Finally, ST Germain D J Co. Inc. increased its stake in shares of Johnson Controls International by 32.8% in the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after purchasing an additional 134 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Buying and Selling

In other Johnson Controls International news, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction dated Tuesday, April 1st. The shares were sold at an average price of $79.72, for a total value of $113,361.84. Following the completion of the transaction, the vice president now directly owns 145,502 shares of the company’s stock, valued at approximately $11,599,419.44. This trade represents a 0.97 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the business’s stock in a transaction that occurred 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 sale, the vice president now directly owns 24,803 shares in the company, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 907,286 shares of company stock valued at $77,938,071 over the last ninety days. Corporate insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently commented on JCI. Citigroup lowered their price target on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a report on Monday, January 13th. Barclays decreased their price objective on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating for the company in a research note on Monday, March 10th. Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a research note on Friday, December 20th. Morgan Stanley raised their price target on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, Melius downgraded Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective on the stock. in a research report on Tuesday, January 28th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, Johnson Controls International has an average rating of “Moderate Buy” and an average target price of $91.27.

Johnson Controls International Price Performance

JCI stock opened at $71.84 on Friday. The business’s 50-day moving average is $82.63 and its two-hundred day moving average is $80.75. 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 1 year low of $59.83 and a 1 year high of $91.14. The firm has a market capitalization of $47.42 billion, a P/E ratio of 27.42, a P/E/G ratio of 1.96 and a beta of 1.32.

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 net margin of 6.83% and a return on equity of 15.11%. Analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders 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 dividend on an annualized basis and a yield of 2.06%. Johnson Controls International’s payout ratio is currently 56.49%.

About Johnson Controls International

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.