Operose Advisors LLC Trims Position in Johnson Controls International plc (NYSE:JCI)

Operose Advisors LLC lowered its stake in shares of Johnson Controls International plc (NYSE:JCI) by 33.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,000 shares of the company’s stock after selling 496 shares during the quarter. Operose Advisors LLC’s holdings in Johnson Controls International were worth $79,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in JCI. Park Avenue Securities LLC increased its stake in shares of Johnson Controls International by 101.5% during the fourth quarter. Park Avenue Securities LLC now owns 26,517 shares of the company’s stock worth $2,093,000 after acquiring an additional 13,360 shares during the period. Certuity LLC purchased a new stake in Johnson Controls International in the 4th quarter valued at approximately $243,000. BNC Wealth Management LLC acquired a new position in Johnson Controls International during the 4th quarter worth approximately $2,093,000. Seros Financial LLC purchased a new position in shares of Johnson Controls International during the 4th quarter worth approximately $561,000. Finally, Czech National Bank lifted its holdings in shares of Johnson Controls International by 6.4% in the 4th quarter. Czech National Bank now owns 144,839 shares of the company’s stock valued at $11,432,000 after buying an additional 8,758 shares during the period. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Buying and Selling at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction that occurred 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. The trade was a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director George Oliver sold 15,669 shares of the stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $77.49, for a total transaction of $1,214,190.81. Following the transaction, the director now directly owns 1,003,893 shares in the company, valued at approximately $77,791,668.57. This represents a 1.54 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 907,286 shares of company stock worth $77,938,071 in the last 90 days. 0.54% of the stock is owned by company insiders.

Johnson Controls International Price Performance

NYSE:JCI opened at $78.64 on Wednesday. The firm has a market cap of $51.91 billion, a price-to-earnings ratio of 30.01, a price-to-earnings-growth ratio of 1.96 and a beta of 1.22. Johnson Controls International plc has a 12-month low of $59.83 and a 12-month high of $91.14. The company has a current ratio of 1.02, a quick ratio of 0.86 and a debt-to-equity ratio of 0.50. The company’s 50-day moving average is $82.00 and its two-hundred day moving average is $80.81.

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 analysts’ consensus estimates 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 firm also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 1.88%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s payout ratio is 56.49%.

Analyst Ratings Changes

JCI has been the topic of a number of recent analyst reports. Morgan Stanley upped their price objective on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Melius Research reiterated a “hold” rating and issued a $95.00 price objective on shares of Johnson Controls International in a research note on Tuesday, January 28th. UBS Group raised shares of Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $90.00 to $103.00 in a report on Monday, February 10th. Melius cut shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price for the company. in a report on Tuesday, January 28th. Finally, Royal Bank of Canada boosted their price target on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat.com, Johnson Controls International currently has a consensus rating of “Moderate Buy” and an average target price of $90.07.

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.