Johnson Controls International plc (NYSE:JCI) Shares Sold by First Horizon Advisors Inc.

First Horizon Advisors Inc. decreased its position in Johnson Controls International plc (NYSE:JCI) by 6.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,974 shares of the company’s stock after selling 287 shares during the period. First Horizon Advisors Inc.’s holdings in Johnson Controls International were worth $314,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Compass Financial Services Inc acquired a new stake in shares of Johnson Controls International during the fourth quarter worth about $26,000. Fortitude Family Office LLC raised its position in Johnson Controls International by 195.8% during the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after buying an additional 278 shares during the last quarter. 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. boosted its holdings in shares of Johnson Controls International by 32.8% in 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 during the last quarter. Finally, Western Pacific Wealth Management LP acquired a new stake in shares of Johnson Controls International in the third quarter worth $44,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Melius Research restated a “hold” rating and set a $95.00 target price on shares of Johnson Controls International in a research report on Tuesday, January 28th. 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 report on Monday, January 13th. Melius lowered Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 target price on the stock. in a report on Tuesday, January 28th. Wells Fargo & Company lifted their price target on Johnson Controls International from $92.00 to $98.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Finally, Robert W. Baird raised their price objective on shares of Johnson Controls International from $80.00 to $85.00 and gave the stock a “neutral” rating in a research note on Thursday, November 7th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $91.13.

Insider Buying and Selling

In other news, VP Daniel C. Mcconeghy sold 1,950 shares of the company’s stock in a transaction 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 represents a 7.29 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO George Oliver sold 124,497 shares of the stock in a transaction dated Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total transaction of $10,292,166.99. Following the completion of the sale, the chief executive officer now owns 1,267,716 shares of the company’s stock, valued at $104,802,081.72. This trade represents a 8.94 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 708,700 shares of company stock worth $62,083,088. 0.54% of the stock is owned by corporate insiders.

Johnson Controls International Stock Performance

JCI opened at $83.87 on Wednesday. The firm’s fifty day simple moving average is $82.10 and its two-hundred day simple moving average is $78.78. Johnson Controls International plc has a 52-week low of $58.15 and a 52-week high of $91.14. The company has a market cap of $55.36 billion, a price-to-earnings ratio of 32.01, a PEG ratio of 1.96 and a beta of 1.32. The company has a quick ratio of 0.86, a current ratio of 1.02 and a debt-to-equity ratio of 0.50.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.59 by $0.05. Johnson Controls International had a net margin of 6.83% and a return on equity of 15.11%. Equities analysts anticipate that Johnson Controls International plc will post 3.64 earnings per share for the current fiscal year.

Johnson Controls International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, December 23rd were paid a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 1.76%. The ex-dividend date of this dividend was Monday, December 23rd. Johnson Controls International’s dividend payout ratio is presently 56.49%.

Johnson Controls International Company 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.