Moser Wealth Advisors LLC Sells 722 Shares of Johnson Controls International plc (NYSE:JCI)

Moser Wealth Advisors LLC lowered its holdings in Johnson Controls International plc (NYSE:JCI) by 3.8% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 18,191 shares of the company’s stock after selling 722 shares during the period. Moser Wealth Advisors LLC’s holdings in Johnson Controls International were worth $1,436,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Metis Global Partners LLC grew its stake in Johnson Controls International by 0.4% during the third quarter. Metis Global Partners LLC now owns 28,446 shares of the company’s stock worth $2,208,000 after buying an additional 127 shares in the last quarter. Gilbert & Cook Inc. boosted its position in shares of Johnson Controls International by 2.0% during the 4th quarter. Gilbert & Cook Inc. now owns 6,458 shares of the company’s stock worth $510,000 after acquiring an additional 127 shares in the last quarter. Graypoint LLC increased its stake in Johnson Controls International by 4.1% in the fourth quarter. Graypoint LLC now owns 3,277 shares of the company’s stock valued at $259,000 after acquiring an additional 130 shares during the last quarter. ST Germain D J Co. Inc. raised its position in 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 valued at $43,000 after purchasing an additional 134 shares in the last quarter. Finally, Brooklyn Investment Group lifted its stake in Johnson Controls International by 3.1% during the fourth quarter. Brooklyn Investment Group now owns 4,444 shares of the company’s stock worth $351,000 after purchasing an additional 135 shares during the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Activity

In other news, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction 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 owns 148,346 shares in the company, valued at $11,339,568.24. The trade was a 0.95 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO George Oliver sold 224,152 shares of the stock in a transaction on Wednesday, November 20th. The stock was sold at an average price of $82.72, for a total transaction of $18,541,853.44. Following the transaction, the chief executive officer now directly owns 1,166,992 shares in the company, valued at approximately $96,533,578.24. This represents a 16.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 856,326 shares of company stock valued at $72,313,086 in the last ninety days. 0.54% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on JCI. UBS Group began coverage on Johnson Controls International in a report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price target for the company. Royal Bank of Canada boosted their target price on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research note on Thursday. Oppenheimer raised their price target on shares of Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research note on Thursday, November 7th. JPMorgan Chase & Co. upped their price objective on shares of Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Robert W. Baird raised their target price on shares of Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Nine research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat, Johnson Controls International currently has a consensus rating of “Hold” and an average target price of $90.27.

Johnson Controls International Price Performance

Shares of JCI opened at $87.76 on Friday. The business has a 50-day moving average of $80.93 and a 200-day moving average of $76.96. Johnson Controls International plc has a 1 year low of $54.07 and a 1 year high of $88.90. The company has a market capitalization of $57.93 billion, a price-to-earnings ratio of 33.50, a price-to-earnings-growth ratio of 2.48 and a beta of 1.32. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.79.

Johnson Controls International (NYSE:JCI) last issued its quarterly 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%. As a group, equities research analysts anticipate that Johnson Controls International plc will post 3.52 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.69%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio (DPR) 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.