Dana Investment Advisors Inc. Lowers Position in Johnson Controls International plc $JCI

Dana Investment Advisors Inc. lessened its holdings in Johnson Controls International plc (NYSE:JCI) by 5.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 78,165 shares of the company’s stock after selling 4,774 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Johnson Controls International were worth $9,360,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Maseco LLP raised its position in shares of Johnson Controls International by 102.9% in the fourth quarter. Maseco LLP now owns 211 shares of the company’s stock worth $25,000 after buying an additional 107 shares in the last quarter. Roxbury Financial LLC raised its position in shares of Johnson Controls International by 71.9% in the fourth quarter. Roxbury Financial LLC now owns 239 shares of the company’s stock worth $29,000 after buying an additional 100 shares in the last quarter. YANKCOM Partnership purchased a new stake in shares of Johnson Controls International in the fourth quarter worth $34,000. Physician Wealth Advisors Inc. raised its position in shares of Johnson Controls International by 62.8% in the third quarter. Physician Wealth Advisors Inc. now owns 319 shares of the company’s stock worth $35,000 after buying an additional 123 shares in the last quarter. Finally, Flagship Harbor Advisors LLC purchased a new stake in shares of Johnson Controls International in the fourth quarter worth $38,000. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Insider Transactions at Johnson Controls International

In other news, VP Daniel C. Mcconeghy sold 3,600 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $142.56, for a total transaction of $513,216.00. Following the transaction, the vice president directly owned 24,273 shares of the company’s stock, valued at approximately $3,460,358.88. This trade represents a 12.92% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Lei Zhang Schlitz sold 88,809 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $140.99, for a total value of $12,521,180.91. Following the transaction, 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.29% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Evercore began coverage on Johnson Controls International in a research report on Monday, April 13th. They issued a “hold” rating and a $155.00 price objective on the stock. The Goldman Sachs Group raised their price target on Johnson Controls International from $154.00 to $158.00 and gave the company a “buy” rating in a research report on Tuesday, April 7th. Wells Fargo & Company raised their price target on Johnson Controls International from $145.00 to $160.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. JPMorgan Chase & Co. raised their price target on Johnson Controls International from $158.00 to $162.00 in a research report on Thursday, May 7th. Finally, Royal Bank Of Canada raised their price target on Johnson Controls International from $139.00 to $154.00 and gave the company a “sector perform” rating in a research report on Thursday, May 7th. Eleven investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $147.63.

Johnson Controls International Trading Down 1.4%

NYSE JCI opened at $143.01 on Friday. The stock’s 50-day simple moving average is $137.41 and its two-hundred day simple moving average is $127.43. Johnson Controls International plc has a twelve month low of $96.01 and a twelve month high of $147.32. The company has a quick ratio of 0.85, a current ratio of 1.04 and a debt-to-equity ratio of 0.64. The company has a market capitalization of $87.25 billion, a price-to-earnings ratio of 25.58, a PEG ratio of 1.58 and a beta of 1.37.

Johnson Controls International (NYSE:JCI) last released 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 business had revenue of $6.14 billion for the quarter. Research analysts forecast that Johnson Controls International plc will post 4.87 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Monday, March 16th were paid a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Monday, March 16th. Johnson Controls International’s dividend payout ratio (DPR) is 28.62%.

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.