Russell Investments Group Ltd. Sells 15,206 Shares of Johnson Controls International plc (NYSE:JCI)

Russell Investments Group Ltd. decreased its position in Johnson Controls International plc (NYSE:JCI) by 3.1% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 474,277 shares of the company’s stock after selling 15,206 shares during the period. Russell Investments Group Ltd. owned about 0.07% of Johnson Controls International worth $37,482,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Gilbert & Cook Inc. lifted its position in shares of Johnson Controls International by 2.0% in the fourth quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company’s stock worth $510,000 after purchasing an additional 127 shares in the last quarter. Jackson Hole Capital Partners LLC increased its stake in Johnson Controls International by 0.7% in the 4th quarter. Jackson Hole Capital Partners LLC now owns 18,621 shares of the company’s stock valued at $1,470,000 after buying an additional 127 shares during the last quarter. Graypoint LLC lifted its position in Johnson Controls International by 4.1% during the 4th quarter. Graypoint LLC now owns 3,277 shares of the company’s stock worth $259,000 after buying an additional 130 shares in the last quarter. ST Germain D J Co. Inc. boosted its stake in shares of 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 worth $43,000 after buying an additional 134 shares during the last quarter. Finally, Brooklyn Investment Group grew its holdings in shares of Johnson Controls International by 3.1% in the 4th quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock valued at $351,000 after acquiring an additional 135 shares in the last quarter. Institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

JCI opened at $71.92 on Tuesday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The company has a market capitalization of $47.47 billion, a PE ratio of 27.45, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. The business has a fifty day simple moving average of $82.53 and a 200 day simple moving average of $80.85. Johnson Controls International plc has a 1 year low of $59.83 and a 1 year high of $91.14.

Johnson Controls International (NYSE:JCI) last released 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%. Research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 2.06%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s dividend payout ratio (DPR) is currently 56.49%.

Analysts Set New Price Targets

JCI has been the subject of several recent research reports. Argus upgraded Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 price target for the company in a research note on Friday, December 20th. Melius downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price on the stock. in a report on Tuesday, January 28th. Melius Research reiterated a “hold” rating and issued a $95.00 price target on shares of Johnson Controls International in a research note on Tuesday, January 28th. Citigroup lowered their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research note on Monday, January 13th. Finally, Morgan Stanley raised their target price on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Johnson Controls International currently has an average rating of “Moderate Buy” and a consensus target price of $91.27.

Insiders Place Their Bets

In other Johnson Controls International news, CEO George Oliver sold 162,894 shares of the company’s stock in a transaction on Friday, February 14th. The stock was sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the sale, the chief executive officer now directly owns 1,203,893 shares in the company, valued at $107,483,567.04. This represents a 11.92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 approximately $11,339,568.24. This represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 907,286 shares of company stock worth $77,938,071 in the last 90 days. Company insiders own 0.54% of the company’s stock.

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.