Johnson Controls International plc (NYSE:JCI) Shares Acquired by Twin Tree Management LP

Twin Tree Management LP increased its stake in Johnson Controls International plc (NYSE:JCI) by 9.1% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 50,740 shares of the company’s stock after buying an additional 4,245 shares during the quarter. Twin Tree Management LP’s holdings in Johnson Controls International were worth $4,005,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of the stock. Compass Financial Services Inc acquired a new stake in Johnson Controls International during the 4th quarter valued at approximately $26,000. SBI Securities Co. Ltd. acquired a new stake in Johnson Controls International during the 4th quarter valued at approximately $29,000. Synergy Asset Management LLC acquired a new stake in Johnson Controls International during the 4th quarter valued at approximately $42,000. ST Germain D J Co. Inc. grew its stake in Johnson Controls International by 32.8% during 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 in the last quarter. Finally, Gables Capital Management Inc. grew its stake in Johnson Controls International by 132.0% during the 4th quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock valued at $46,000 after purchasing an additional 330 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Insider Buying and Selling at Johnson Controls International

In other news, CEO George Oliver sold 205,168 shares of Johnson Controls International stock in a transaction on Friday, February 7th. The stock was sold at an average price of $88.03, for a total transaction of $18,060,939.04. Following the transaction, the chief executive officer now directly owns 1,260,527 shares in the company, valued at approximately $110,964,191.81. This trade represents a 14.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total value of $108,621.24. Following the transaction, the vice president now owns 148,346 shares in the company, valued at approximately $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 906,050 shares of company stock valued at $77,839,329 in the last quarter. Corporate insiders own 0.54% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have commented on JCI. Wells Fargo & Company increased their target price on Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Morgan Stanley increased their target price on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. JPMorgan Chase & Co. increased their target price on Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Royal Bank of Canada increased their target price on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a report on Thursday, February 6th. Finally, StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a report on Wednesday, November 20th. Eight investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $91.27.

Johnson Controls International Stock Up 0.1 %

Shares of Johnson Controls International stock opened at $81.58 on Wednesday. The business’s fifty day moving average price is $82.50 and its two-hundred day moving average price is $79.93. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The company has a market capitalization of $53.86 billion, a P/E ratio of 31.14, a PEG ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a 1-year low of $59.83 and a 1-year high of $91.14.

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

Johnson Controls International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 17th. Shareholders of record on Monday, March 24th will be paid a dividend of $0.37 per share. This represents a $1.48 annualized dividend and a yield of 1.81%. The ex-dividend date is Monday, March 24th. Johnson Controls International’s payout ratio is currently 56.49%.

Johnson Controls International 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.