TD Waterhouse Canada Inc. Sells 7,781 Shares of Johnson Controls International plc (NYSE:JCI)

TD Waterhouse Canada Inc. reduced its stake in shares of Johnson Controls International plc (NYSE:JCI) by 9.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 75,001 shares of the company’s stock after selling 7,781 shares during the period. TD Waterhouse Canada Inc.’s holdings in Johnson Controls International were worth $5,921,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the stock. Compass Financial Services Inc bought a new position in shares of Johnson Controls International during the fourth quarter worth about $26,000. SBI Securities Co. Ltd. bought a new position in Johnson Controls International during the 4th quarter worth approximately $29,000. Synergy Asset Management LLC acquired a new position in shares of Johnson Controls International in the 4th quarter worth approximately $42,000. Crowley Wealth Management Inc. bought a new stake in shares of Johnson Controls International in the 4th quarter valued at $42,000. Finally, ST Germain D J Co. Inc. increased its position in shares of Johnson Controls International by 32.8% during the fourth 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 period. 90.05% of the stock is owned by institutional investors.

Insider Buying and Selling

In other news, VP Daniel C. Mcconeghy sold 1,950 shares of the company’s stock in a transaction on Thursday, February 6th. The stock was 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 of the company’s stock, valued at $2,175,967.19. This represents a 7.29 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO George Oliver sold 162,894 shares of the stock in a transaction dated 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 transaction, the chief executive officer now owns 1,203,893 shares of the company’s stock, valued at $107,483,567.04. This represents a 11.92 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 907,286 shares of company stock worth $77,938,071. 0.54% of the stock is owned by company insiders.

Analyst Ratings Changes

A number of analysts have commented on the stock. Melius cut shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target on the stock. in a research report on Tuesday, January 28th. JPMorgan Chase & Co. cut their target price on Johnson Controls International from $100.00 to $81.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 8th. Wells Fargo & Company raised their target price on Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Royal Bank of Canada boosted their price target on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research note on Thursday, February 6th. Finally, UBS Group raised shares of Johnson Controls International from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $90.00 to $103.00 in a research report on Monday, February 10th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $90.07.

Johnson Controls International Stock Up 2.8 %

Shares of NYSE JCI opened at $76.57 on Wednesday. Johnson Controls International plc has a 1 year low of $59.83 and a 1 year high of $91.14. The stock has a market capitalization of $50.55 billion, a P/E ratio of 29.23, a P/E/G ratio of 1.96 and a beta of 1.22. 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 50-day moving average price of $80.75 and a 200-day moving average price of $80.81.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 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%. On average, equities research analysts forecast that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Shareholders of record on Monday, March 24th were given a dividend of $0.37 per share. The ex-dividend date was Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.93%. Johnson Controls International’s dividend 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.