Catalyst Funds Management Pty Ltd Has $205,000 Stock Position in Johnson Controls International plc (NYSE:JCI)

Catalyst Funds Management Pty Ltd reduced its position in Johnson Controls International plc (NYSE:JCI) by 53.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,600 shares of the company’s stock after selling 3,000 shares during the period. Catalyst Funds Management Pty Ltd’s holdings in Johnson Controls International were worth $205,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in JCI. Compass Financial Services Inc acquired a new stake in shares of Johnson Controls International in the 4th quarter valued at $26,000. SBI Securities Co. Ltd. acquired a new stake in shares of Johnson Controls International in the 4th quarter valued at $29,000. Synergy Asset Management LLC acquired a new stake in shares of Johnson Controls International in the 4th quarter valued at $42,000. ST Germain D J Co. Inc. grew its stake in shares of Johnson Controls International by 32.8% during the fourth quarter. ST Germain D J Co. Inc. now owns 543 shares of the company’s stock worth $43,000 after purchasing an additional 134 shares during the period. Finally, Gables Capital Management Inc. grew its stake in shares of Johnson Controls International by 132.0% during the fourth quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock worth $46,000 after purchasing an additional 330 shares during the period. 90.05% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, Director George Oliver sold 15,669 shares of the company’s stock in a transaction dated Friday, March 14th. The stock was sold at an average price of $77.49, for a total transaction of $1,214,190.81. Following the sale, the director now owns 1,003,893 shares in the company, valued at approximately $77,791,668.57. This represents a 1.54 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Nathan D. Manning sold 1,421 shares of the company’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $76.44, for a total value of $108,621.24. Following the sale, the vice president now owns 148,346 shares in the company, valued at $11,339,568.24. The trade was a 0.95 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 906,050 shares of company stock worth $77,839,329. Corporate insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. lifted their price objective 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. Melius cut Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective for the company. in a research note on Tuesday, January 28th. Royal Bank of Canada lifted their price objective on Johnson Controls International from $86.00 to $93.00 and gave the stock a “sector perform” rating in a research note on Thursday, February 6th. Barclays decreased their price objective on Johnson Controls International from $88.00 to $85.00 and set an “equal weight” rating for the company in a research note on Monday, March 10th. Finally, Citigroup decreased their price objective on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Eight investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $91.27.

Johnson Controls International Stock Performance

Shares of Johnson Controls International stock opened at $79.78 on Monday. The firm has a market cap of $52.67 billion, a price-to-earnings ratio of 30.45, a price-to-earnings-growth ratio of 1.96 and a beta of 1.32. The stock’s 50-day moving average is $82.41 and its 200-day moving average is $79.79. Johnson Controls International plc has a one year low of $59.83 and a one year high of $91.14. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86.

Johnson Controls International (NYSE:JCI) last issued its quarterly 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 predict that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The business 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 yield of 1.86%. Johnson Controls International’s payout ratio is presently 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.