Integrated Wealth Concepts LLC Purchases 1,713 Shares of Johnson Controls International plc (NYSE:JCI)

Integrated Wealth Concepts LLC boosted its position in shares of Johnson Controls International plc (NYSE:JCI) by 21.1% during the 4th quarter, HoldingsChannel.com reports. The fund owned 9,842 shares of the company’s stock after buying an additional 1,713 shares during the quarter. Integrated Wealth Concepts LLC’s holdings in Johnson Controls International were worth $777,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in JCI. Park Avenue Securities LLC raised its holdings in shares of Johnson Controls International by 101.5% in the 4th quarter. Park Avenue Securities LLC now owns 26,517 shares of the company’s stock valued at $2,093,000 after purchasing an additional 13,360 shares during the period. Certuity LLC acquired a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $243,000. BNC Wealth Management LLC bought a new position in shares of Johnson Controls International during the fourth quarter worth approximately $2,093,000. Seros Financial LLC bought a new stake in Johnson Controls International in the 4th quarter valued at $561,000. Finally, Czech National Bank grew its holdings in 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 in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insiders Place Their Bets

In other news, VP Nathan D. Manning sold 1,422 shares of the stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total value of $113,361.84. Following the completion of the sale, the vice president now owns 145,502 shares of the company’s stock, valued at approximately $11,599,419.44. This 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 Johnson Controls International 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 completion of the transaction, the vice president now directly owns 24,803 shares in the company, valued at approximately $2,175,967.19. This represents a 7.29 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 907,286 shares of company stock valued at $77,938,071 in the last ninety days. 0.54% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. 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 research report on Tuesday, January 28th. Morgan Stanley increased their price target on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Barclays dropped their price objective on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating for the company in a report on Monday, March 10th. Citigroup reduced their target price on Johnson Controls International from $95.00 to $85.00 and set a “neutral” rating on the stock in a report on Monday, April 14th. Finally, Wells Fargo & Company boosted their price target on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research note on Thursday, February 6th. Eight analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $90.07.

Johnson Controls International Price Performance

JCI stock opened at $87.19 on Friday. Johnson Controls International plc has a 1 year low of $60.04 and a 1 year high of $91.14. 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 stock has a market cap of $57.56 billion, a price-to-earnings ratio of 33.28, a P/E/G ratio of 1.96 and a beta of 1.22. The company has a 50 day simple moving average of $79.87 and a 200 day simple moving average of $81.03.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating 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%. Research analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, April 17th. Investors of record on Monday, March 24th were given a dividend of $0.37 per share. The ex-dividend date of this dividend was Monday, March 24th. This represents a $1.48 annualized dividend and a yield of 1.70%. Johnson Controls International’s dividend payout ratio is presently 56.49%.

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.