Woodward Diversified Capital LLC Sells 2,317 Shares of Johnson Controls International plc (NYSE:JCI)

Woodward Diversified Capital LLC reduced its stake in shares of Johnson Controls International plc (NYSE:JCI) by 45.5% during the fourth quarter, Holdings Channel reports. The firm owned 2,775 shares of the company’s stock after selling 2,317 shares during the quarter. Woodward Diversified Capital LLC’s holdings in Johnson Controls International were worth $219,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in JCI. Fortitude Family Office LLC raised its stake in Johnson Controls International by 195.8% in the third quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after buying an additional 278 shares in the last quarter. Wolff Wiese Magana LLC grew its holdings in shares of Johnson Controls International by 977.3% during the 3rd quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock worth $37,000 after acquiring an additional 430 shares during the period. Synergy Asset Management LLC bought a new position in shares of Johnson Controls International in the 4th quarter worth approximately $42,000. ST Germain D J Co. Inc. lifted its stake in shares of Johnson Controls International by 32.8% in the 4th 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 during the period. Finally, Western Pacific Wealth Management LP bought a new stake in shares of Johnson Controls International during the third quarter valued at approximately $44,000. 90.05% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

JCI has been the subject of a number of research reports. Melius Research reiterated a “hold” rating and issued a $95.00 price objective on shares of Johnson Controls International in a report on Tuesday, January 28th. Royal Bank of Canada increased their price target on shares of Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research note on Thursday. Mizuho boosted their price objective on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Wells Fargo & Company upped their price objective on shares of Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a report on Thursday. Finally, Barclays boosted their price target on Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a research report on Thursday, December 5th. Nine investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of “Hold” and an average target price of $90.27.

Insider Activity

In other Johnson Controls International news, CEO George Oliver sold 205,168 shares of the stock in a transaction dated Friday, February 7th. The stock was sold at an average price of $88.03, for a total value of $18,060,939.04. Following the transaction, the chief executive officer now owns 1,260,527 shares of the company’s stock, valued at approximately $110,964,191.81. This represents a 14.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction dated Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now owns 148,346 shares of the company’s stock, valued at approximately $11,339,568.24. This represents a 0.95 % 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 currently owned by company insiders.

Johnson Controls International Price Performance

NYSE JCI opened at $87.76 on Friday. Johnson Controls International plc has a one year low of $54.07 and a one year high of $88.90. The stock has a 50-day moving average of $80.85 and a 200 day moving average of $76.84. 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 company has a market capitalization of $57.93 billion, a price-to-earnings ratio of 33.50, a PEG ratio of 2.48 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last announced 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 net margin of 6.83% and a return on equity of 15.11%. On average, sell-side analysts forecast that Johnson Controls International plc will post 3.52 EPS for the current year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.48 annualized dividend and a dividend yield of 1.69%. Johnson Controls International’s payout ratio is 56.49%.

About Johnson Controls International

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.