Johnson Controls International plc (NYSE:JCI) Shares Bought by Newbridge Financial Services Group Inc.

Newbridge Financial Services Group Inc. grew its position in Johnson Controls International plc (NYSE:JCI) by 1,262.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,458 shares of the company’s stock after acquiring an additional 1,351 shares during the period. Newbridge Financial Services Group Inc.’s holdings in Johnson Controls International were worth $115,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of JCI. Fortitude Family Office LLC raised its holdings in Johnson Controls International by 195.8% in the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after purchasing an additional 278 shares during the period. Wolff Wiese Magana LLC increased its position in shares of Johnson Controls International by 977.3% in the third quarter. Wolff Wiese Magana LLC now owns 474 shares of the company’s stock valued at $37,000 after buying an additional 430 shares in the last quarter. Synergy Asset Management LLC acquired a new position in shares of Johnson Controls International during the 4th quarter worth approximately $42,000. ST Germain D J Co. Inc. raised its stake in shares of 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 worth $43,000 after buying an additional 134 shares during the period. Finally, Western Pacific Wealth Management LP purchased a new position in shares of Johnson Controls International during the 3rd quarter valued at approximately $44,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO George Oliver sold 110,616 shares of the stock in a transaction that occurred on Friday, November 15th. The shares were sold at an average price of $84.60, for a total transaction of $9,358,113.60. Following the completion of the transaction, the chief executive officer now owns 1,244,617 shares of the company’s stock, valued at approximately $105,294,598.20. This trade represents a 8.16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Daniel C. Mcconeghy sold 1,950 shares of Johnson Controls International stock in a transaction that occurred on Thursday, February 6th. The shares were sold at an average price of $87.73, for a total transaction of $171,073.50. Following the completion of the sale, the vice president now 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 a total of 856,326 shares of company stock valued at $72,313,086 over the last quarter. 0.54% of the stock is owned by insiders.

Analyst Ratings Changes

JCI has been the subject of a number of research analyst reports. Barclays upped their price objective 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. Mizuho upped their price target on shares of Johnson Controls International from $62.00 to $75.00 and gave the stock a “neutral” rating in a research report on Thursday, October 17th. Melius Research reiterated a “hold” rating and issued a $95.00 price objective on shares of Johnson Controls International in a report on Tuesday, January 28th. UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and increased their target price for the company from $90.00 to $103.00 in a report on Monday. Finally, JPMorgan Chase & Co. lifted their price target on Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $91.13.

Johnson Controls International Stock Up 2.1 %

Shares of JCI opened at $89.47 on Tuesday. Johnson Controls International plc has a 52-week low of $54.07 and a 52-week high of $89.95. The company has a quick ratio of 0.79, a current ratio of 1.02 and a debt-to-equity ratio of 0.50. The stock has a fifty day simple moving average of $80.93 and a two-hundred day simple moving average of $77.08. The company has a market capitalization of $59.06 billion, a PE ratio of 34.15, a price-to-earnings-growth ratio of 2.48 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last released its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. As a group, equities analysts forecast that Johnson Controls International plc will post 3.52 EPS for the current year.

Johnson Controls International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, December 23rd were given a $0.37 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This represents a $1.48 annualized dividend and a yield of 1.65%. Johnson Controls International’s payout ratio is 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.