Rhumbline Advisers Sells 25,657 Shares of Johnson Controls International plc (NYSE:JCI)

Rhumbline Advisers reduced its stake in Johnson Controls International plc (NYSE:JCI) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,169,493 shares of the company’s stock after selling 25,657 shares during the period. Rhumbline Advisers’ holdings in Johnson Controls International were worth $92,308,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of JCI. Exchange Traded Concepts LLC grew its position in Johnson Controls International by 170.8% during the 3rd quarter. Exchange Traded Concepts LLC now owns 1,763 shares of the company’s stock worth $137,000 after acquiring an additional 1,112 shares during the last quarter. Creative Planning grew its position in Johnson Controls International by 11.1% during the 3rd quarter. Creative Planning now owns 73,594 shares of the company’s stock worth $5,712,000 after acquiring an additional 7,375 shares during the last quarter. Bleakley Financial Group LLC grew its position in Johnson Controls International by 1.5% during the 3rd quarter. Bleakley Financial Group LLC now owns 13,969 shares of the company’s stock worth $1,084,000 after acquiring an additional 204 shares during the last quarter. Trust Co. of Vermont grew its position in Johnson Controls International by 41.0% during the 3rd quarter. Trust Co. of Vermont now owns 1,348 shares of the company’s stock worth $105,000 after acquiring an additional 392 shares during the last quarter. Finally, Sumitomo Mitsui DS Asset Management Company Ltd grew its position in Johnson Controls International by 2.0% during the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 71,538 shares of the company’s stock worth $5,552,000 after acquiring an additional 1,381 shares during the last quarter. 90.05% of the stock is currently owned by institutional investors.

Johnson Controls International Trading Up 1.4 %

Johnson Controls International stock opened at $89.83 on Friday. Johnson Controls International plc has a 52 week low of $56.28 and a 52 week high of $89.95. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.79 and a current ratio of 1.02. The stock has a market capitalization of $59.30 billion, a P/E ratio of 34.28, a PEG ratio of 2.48 and a beta of 1.32. The stock has a 50-day simple moving average of $81.50 and a 200 day simple moving average of $77.68.

Johnson Controls International (NYSE:JCI) last posted its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. Analysts expect that Johnson Controls International plc will post 3.52 earnings per share for the current year.

Johnson Controls International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a dividend of $0.37 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.65%. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Insiders Place Their Bets

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the firm’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 transaction of $108,621.24. Following the completion of the sale, the vice president now directly owns 148,346 shares in the company, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO George Oliver sold 224,152 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer now owns 1,166,992 shares of the company’s stock, valued at $96,533,578.24. This trade represents a 16.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,113,772 shares of company stock worth $95,772,462 over the last three months. Insiders own 0.54% of the company’s stock.

Wall Street Analyst Weigh In

JCI has been the topic of a number of research analyst reports. Royal Bank of Canada increased their price target on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 6th. Wells Fargo & Company increased their price objective on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. StockNews.com lowered Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Wednesday, November 20th. Oppenheimer increased their price objective on Johnson Controls International from $86.00 to $87.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. Finally, JPMorgan Chase & Co. increased their price objective on Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $91.13.

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.