Easterly Investment Partners LLC Has $6.17 Million Position in Johnson Controls International plc $JCI

Easterly Investment Partners LLC lowered its stake in shares of Johnson Controls International plc (NYSE:JCI) by 13.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 51,487 shares of the company’s stock after selling 7,698 shares during the quarter. Easterly Investment Partners LLC’s holdings in Johnson Controls International were worth $6,166,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in JCI. Maseco LLP boosted its holdings in shares of Johnson Controls International by 102.9% in the 4th quarter. Maseco LLP now owns 211 shares of the company’s stock valued at $25,000 after purchasing an additional 107 shares in the last quarter. Roxbury Financial LLC boosted its holdings in shares of Johnson Controls International by 71.9% in the 4th quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock valued at $29,000 after purchasing an additional 100 shares in the last quarter. YANKCOM Partnership acquired a new stake in shares of Johnson Controls International in the 4th quarter valued at $34,000. Physician Wealth Advisors Inc. boosted its holdings in shares of Johnson Controls International by 62.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company’s stock valued at $35,000 after purchasing an additional 123 shares in the last quarter. Finally, Flagship Harbor Advisors LLC bought a new position in shares of Johnson Controls International in the 4th quarter valued at $38,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $134.05 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.85 and a debt-to-equity ratio of 0.64. The business has a 50-day moving average price of $138.21 and a two-hundred day moving average price of $128.97. Johnson Controls International plc has a 1-year low of $99.11 and a 1-year high of $147.32. The company has a market cap of $81.78 billion, a P/E ratio of 23.98, a PEG ratio of 1.45 and a beta of 1.33.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Tuesday, March 31st. The company reported $1.19 earnings per share for the quarter. Johnson Controls International had a return on equity of 19.50% and a net margin of 14.45%.The firm had revenue of $6.14 billion during the quarter. As a group, analysts anticipate that Johnson Controls International plc will post 4.86 EPS for the current year.

Johnson Controls International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Monday, March 16th were paid a $0.40 dividend. The ex-dividend date was Monday, March 16th. This represents a $1.60 annualized dividend and a dividend yield of 1.2%. Johnson Controls International’s dividend payout ratio (DPR) is currently 28.62%.

Analysts Set New Price Targets

A number of brokerages have recently commented on JCI. HSBC increased their price target on Johnson Controls International from $127.00 to $136.00 in a research note on Thursday, May 7th. UBS Group increased their price target on Johnson Controls International from $160.00 to $170.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Wall Street Zen upgraded Johnson Controls International from a “hold” rating to a “buy” rating in a research note on Sunday, May 3rd. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $154.00 price target on shares of Johnson Controls International in a research note on Wednesday, May 27th. Finally, Jefferies Financial Group raised their target price on Johnson Controls International from $125.00 to $135.00 and gave the stock a “hold” rating in a research report on Wednesday, April 15th. Eleven analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $147.63.

Insider Activity at Johnson Controls International

In other news, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $140.99, for a total value of $12,521,180.91. Following the completion of the sale, the vice president directly owned 57,059 shares in the company, valued at $8,044,748.41. This trade represents a 60.88% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.29% of the stock is currently owned by corporate insiders.

Johnson Controls International Profile

Johnson Controls International plc is a global diversified technology and multi‑industrial company that develops products, services and solutions for buildings and energy storage. The company’s core focus is on improving building efficiency, safety and sustainability through a combination of HVAC equipment, building controls and automation, fire and security systems, and related services. Johnson Controls traces its roots to 1885, when inventor Warren S. Johnson developed an electric room thermostat; over its long history the company has expanded from controls into a broad set of building‑related technologies and, through corporate transactions, into a global provider of integrated building solutions.

Johnson Controls’ product and service portfolio includes heating, ventilation and air‑conditioning equipment, chillers, air handlers and related mechanical systems, together with building automation and control platforms that monitor and manage energy use, indoor environmental quality and security.