Wealthfront Advisers LLC Purchases 4,496 Shares of Johnson Controls International plc (NYSE:JCI)

Wealthfront Advisers LLC grew its position in shares of Johnson Controls International plc (NYSE:JCI) by 27.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 20,723 shares of the company’s stock after buying an additional 4,496 shares during the quarter. Wealthfront Advisers LLC’s holdings in Johnson Controls International were worth $1,636,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Compass Financial Services Inc bought a new position in shares of Johnson Controls International during the 4th quarter valued at $26,000. SBI Securities Co. Ltd. bought a new position in shares of Johnson Controls International during the 4th quarter valued at $29,000. Synergy Asset Management LLC bought a new position in shares of Johnson Controls International during the 4th quarter valued at $42,000. ST Germain D J Co. Inc. lifted its holdings 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 valued at $43,000 after buying an additional 134 shares during the period. Finally, Gables Capital Management Inc. lifted its holdings in shares of Johnson Controls International by 132.0% during the 4th quarter. Gables Capital Management Inc. now owns 580 shares of the company’s stock valued at $46,000 after buying an additional 330 shares during the period. 90.05% of the stock is owned by institutional investors.

Johnson Controls International Trading Up 3.0 %

Shares of Johnson Controls International stock opened at $79.78 on Friday. The firm has a market cap of $52.67 billion, a price-to-earnings ratio of 30.45, a PEG ratio of 1.96 and a beta of 1.32. The business has a 50-day moving average price of $82.41 and a 200-day moving average price of $79.67. 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 plc has a twelve month low of $59.83 and a twelve month high of $91.14.

Johnson Controls International (NYSE:JCI) last issued its quarterly earnings data 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 return on equity of 15.11% and a net margin of 6.83%. Equities research analysts anticipate that Johnson Controls International plc will post 3.64 EPS for the current fiscal year.

Johnson Controls International Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 17th. Investors of record on Monday, March 24th will be given a $0.37 dividend. 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 dividend payout ratio is currently 56.49%.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. UBS Group raised Johnson Controls International from a “neutral” rating to a “buy” rating and raised their target price for the stock from $90.00 to $103.00 in a report on Monday, February 10th. JPMorgan Chase & Co. raised their target price on Johnson Controls International from $87.00 to $100.00 and gave the stock an “overweight” rating in a report on Thursday, February 6th. Argus raised Johnson Controls International from a “hold” rating to a “buy” rating and set a $88.00 target price on the stock in a report on Friday, December 20th. Citigroup decreased their target price on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a report on Monday, January 13th. Finally, Barclays decreased their target price on 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 research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $91.27.

Insider Buying and Selling

In related news, VP Nathan D. Manning sold 1,421 shares of Johnson Controls International 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 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director George Oliver sold 15,669 shares of the firm’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 completion of the sale, the director now directly owns 1,003,893 shares of the company’s stock, valued at approximately $77,791,668.57. The trade was a 1.54 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 906,050 shares of company stock worth $77,839,329. Corporate insiders own 0.54% of the company’s stock.

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.