Johnson Controls International plc (NYSE:JCI) Shares Sold by Yousif Capital Management LLC

Yousif Capital Management LLC cut its stake in Johnson Controls International plc (NYSE:JCI) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 92,882 shares of the company’s stock after selling 2,700 shares during the period. Yousif Capital Management LLC’s holdings in Johnson Controls International were worth $7,331,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Czech National Bank increased its holdings in shares of Johnson Controls International by 6.0% during the 3rd quarter. Czech National Bank now owns 136,081 shares of the company’s stock worth $10,561,000 after buying an additional 7,723 shares during the last quarter. GAMMA Investing LLC grew its position in Johnson Controls International by 28.5% during the third quarter. GAMMA Investing LLC now owns 10,092 shares of the company’s stock valued at $783,000 after acquiring an additional 2,240 shares during the period. Mather Group LLC. raised its holdings in shares of Johnson Controls International by 30.1% in the 3rd quarter. Mather Group LLC. now owns 2,241 shares of the company’s stock worth $174,000 after purchasing an additional 518 shares during the period. Atomi Financial Group Inc. raised its holdings in shares of Johnson Controls International by 8.4% in the 3rd quarter. Atomi Financial Group Inc. now owns 6,178 shares of the company’s stock worth $479,000 after purchasing an additional 481 shares during the period. Finally, Saxon Interests Inc. lifted its stake in shares of Johnson Controls International by 6.4% in the 3rd quarter. Saxon Interests Inc. now owns 8,812 shares of the company’s stock valued at $684,000 after purchasing an additional 529 shares in the last quarter. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Trading Up 11.4 %

Shares of JCI opened at $86.09 on Thursday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 0.94. Johnson Controls International plc has a one year low of $52.79 and a one year high of $88.90. The stock has a 50-day moving average price of $80.72 and a 200 day moving average price of $76.69. The company has a market capitalization of $56.83 billion, a P/E ratio of 33.89, a P/E/G ratio of 2.24 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last released its earnings results on Wednesday, February 5th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 14.51% and a net margin of 6.49%. Sell-side analysts forecast that Johnson Controls International plc will post 3.45 EPS for the current fiscal year.

Johnson Controls International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were given a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 1.72%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s payout ratio is currently 58.27%.

Insider Activity

In other news, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the completion of 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO George Oliver sold 110,616 shares of the company’s stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $84.60, for a total value of $9,358,113.60. Following the sale, the chief executive officer now directly owns 1,244,617 shares in the company, valued at approximately $105,294,598.20. This represents a 8.16 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 649,208 shares of company stock worth $54,081,073. 0.54% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Barclays increased their target price on shares of 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 downgraded 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 note on Tuesday, January 28th. UBS Group began coverage on shares of Johnson Controls International in a research report on Wednesday, November 13th. They set a “neutral” rating and a $90.00 price target for the company. Robert W. Baird increased their price target on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a report on Thursday, November 7th. Finally, Mizuho boosted their price objective on Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, October 17th. Nine investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $87.20.

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.