Atria Investments Inc Sells 3,118 Shares of Johnson Controls International plc (NYSE:JCI)

Atria Investments Inc trimmed its position in Johnson Controls International plc (NYSE:JCI) by 5.0% during the 4th quarter, HoldingsChannel reports. The firm owned 59,705 shares of the company’s stock after selling 3,118 shares during the quarter. Atria Investments Inc’s holdings in Johnson Controls International were worth $4,713,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in JCI. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Johnson Controls International by 514.9% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 5,391,562 shares of the company’s stock worth $418,439,000 after purchasing an additional 4,514,792 shares during the last quarter. Fisher Asset Management LLC increased its holdings in shares of Johnson Controls International by 3.4% in the third quarter. Fisher Asset Management LLC now owns 15,295,506 shares of the company’s stock worth $1,187,084,000 after purchasing an additional 509,293 shares during the last quarter. Proficio Capital Partners LLC grew its position in 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 worth $38,245,000 after acquiring an additional 479,669 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in Johnson Controls International in the fourth quarter worth about $32,609,000. Finally, Robeco Schweiz AG purchased a new position in Johnson Controls International in the fourth quarter worth 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 several recent research reports. Barclays lifted 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. Melius Research reiterated a “hold” rating and issued a $95.00 price target on shares of Johnson Controls International in a research report on Tuesday, January 28th. Melius lowered Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price target for the company. in a research report on Tuesday, January 28th. Royal Bank of Canada boosted their target price on Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research report on Thursday, February 6th. Finally, JPMorgan Chase & Co. boosted their target price 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 equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $91.13.

Insider Buying and Selling

In related news, CEO George Oliver sold 124,497 shares of the business’s stock in a transaction that occurred on Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total value of $10,292,166.99. Following the completion of the transaction, the chief executive officer now owns 1,267,716 shares of the company’s stock, valued at $104,802,081.72. The trade was a 8.94 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Daniel C. Mcconeghy sold 1,950 shares of the business’s stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $87.73, for a total transaction of $171,073.50. Following the completion of the transaction, the vice president now directly owns 24,803 shares of the company’s stock, valued at $2,175,967.19. This trade represents a 7.29 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 837,777 shares of company stock valued at $72,867,455 over the last 90 days. Corporate insiders own 0.54% of the company’s stock.

Johnson Controls International Stock Down 1.2 %

Shares of NYSE JCI opened at $80.07 on Friday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. The firm has a market capitalization of $52.86 billion, a price-to-earnings ratio of 30.56, a PEG ratio of 1.96 and a beta of 1.32. The stock has a 50 day moving average price of $82.51 and a 200 day moving average price of $79.42. Johnson Controls International plc has a 52-week low of $59.83 and a 52-week high of $91.14.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, beating 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%. Sell-side analysts expect that Johnson Controls International plc will post 3.64 earnings per share for the current year.

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.