Jones Financial Companies Lllp Acquires 7,716 Shares of Johnson Controls International plc (NYSE:JCI)

Jones Financial Companies Lllp raised its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 39.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 27,194 shares of the company’s stock after buying an additional 7,716 shares during the quarter. Jones Financial Companies Lllp’s holdings in Johnson Controls International were worth $2,146,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Johnson Controls International by 514.9% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock valued at $418,439,000 after purchasing an additional 4,514,792 shares during the period. Fisher Asset Management LLC raised its position in shares of Johnson Controls International by 3.4% during the third quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock valued at $1,187,084,000 after buying an additional 509,293 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in shares of Johnson Controls International by 9,843.4% in the fourth quarter. Proficio Capital Partners LLC now owns 484,542 shares of the company’s stock valued at $38,245,000 after buying an additional 479,669 shares during the period. Janney Montgomery Scott LLC acquired a new stake in Johnson Controls International during the fourth quarter worth about $32,609,000. Finally, Robeco Schweiz AG bought a new position in Johnson Controls International during the fourth quarter valued at about $29,160,000. 90.05% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

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 research report on Tuesday, January 28th. Oppenheimer raised their target price on Johnson Controls International from $86.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, November 7th. UBS Group raised shares of Johnson Controls International from a “neutral” rating to a “buy” rating and boosted their price target for the company from $90.00 to $103.00 in a report on Monday, February 10th. Royal Bank of Canada increased their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research note on Thursday, February 6th. Finally, Melius lowered shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price on the stock. in a research report on Tuesday, January 28th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $91.13.

Johnson Controls International Stock Down 1.5 %

NYSE JCI opened at $81.02 on Friday. The stock’s 50 day simple moving average is $82.50 and its 200 day simple moving average is $79.35. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. Johnson Controls International plc has a one year low of $59.83 and a one year high of $91.14. The firm has a market cap of $53.48 billion, a PE ratio of 30.92, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last announced its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. As a group, sell-side analysts forecast that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Insider Buying and Selling at Johnson Controls International

In other news, EVP Marlon Sullivan sold 7,230 shares of the company’s stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $83.35, for a total transaction of $602,620.50. Following the transaction, the executive vice president now owns 32,246 shares of the company’s stock, valued at $2,687,704.10. This represents a 18.31 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO George Oliver sold 205,168 shares of Johnson Controls International 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 completion of the sale, the chief executive officer now owns 1,260,527 shares of the company’s stock, valued at approximately $110,964,191.81. The trade was a 14.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 837,777 shares of company stock worth $72,867,455. 0.54% of the stock is currently owned by corporate insiders.

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.