HighPoint Advisor Group LLC Purchases 154 Shares of Johnson Controls International plc (NYSE:JCI)

HighPoint Advisor Group LLC boosted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 1.8% during the 4th quarter, Holdings Channel reports. The fund owned 8,852 shares of the company’s stock after buying an additional 154 shares during the period. HighPoint Advisor Group LLC’s holdings in Johnson Controls International were worth $699,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in JCI. Compass Financial Services Inc purchased a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $26,000. SBI Securities Co. Ltd. purchased a new position in Johnson Controls International during the fourth quarter valued at approximately $29,000. Synergy Asset Management LLC bought a new position in Johnson Controls International in the fourth quarter worth approximately $42,000. Crowley Wealth Management Inc. purchased a new stake in Johnson Controls International during the fourth quarter worth $42,000. Finally, ST Germain D J Co. Inc. boosted its position 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 acquiring an additional 134 shares in the last quarter. Hedge funds and other institutional investors own 90.05% of the company’s stock.

Johnson Controls International Stock Up 1.5 %

Johnson Controls International stock opened at $81.34 on Wednesday. The business’s 50-day simple moving average is $82.91 and its two-hundred day simple moving average is $80.77. 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 company has a market cap of $53.69 billion, a PE ratio of 31.04, a PEG ratio of 1.96 and a beta of 1.32. Johnson Controls International plc has a fifty-two week low of $59.83 and a fifty-two week high of $91.14.

Johnson Controls International (NYSE:JCI) last issued its earnings results on Wednesday, February 5th. The company reported $0.64 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%. Equities analysts anticipate 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. Investors of record on Monday, March 24th will be issued a dividend of $0.37 per share. The ex-dividend date is Monday, March 24th. This represents a $1.48 annualized dividend and a dividend yield of 1.82%. Johnson Controls International’s dividend payout ratio (DPR) is presently 56.49%.

Insider Activity at Johnson Controls International

In other Johnson Controls International news, CEO George Oliver sold 162,894 shares of Johnson Controls International stock in a transaction dated Friday, February 14th. The stock was sold at an average price of $89.28, for a total transaction of $14,543,176.32. Following the completion of the transaction, the chief executive officer now owns 1,203,893 shares in the company, valued at approximately $107,483,567.04. This trade represents a 11.92 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, VP Nathan D. Manning sold 1,422 shares of the company’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $79.72, for a total value of $113,361.84. Following the completion of the sale, the vice president now owns 145,502 shares in the company, valued at $11,599,419.44. The trade was a 0.97 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 907,286 shares of company stock worth $77,938,071 over the last three months. Company insiders own 0.54% of the company’s stock.

Analyst Ratings Changes

JCI has been the subject of several recent research reports. JPMorgan Chase & Co. boosted their price target on Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Morgan Stanley increased their price target on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Citigroup cut their price objective on shares of Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research report on Monday, January 13th. Melius Research reissued a “hold” rating and set a $95.00 target price on shares of Johnson Controls International in a research report on Tuesday, January 28th. Finally, Barclays cut their price target on shares of Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating on the stock in a report on Monday, March 10th. Eight analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $91.27.

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.