Stock Traders Purchase Large Volume of Johnson Controls International Call Options (NYSE:JCI)

Johnson Controls International plc (NYSE:JCIGet Rating) saw some unusual options trading on Wednesday. Stock investors bought 19,207 call options on the stock. This represents an increase of 1,963% compared to the typical volume of 931 call options.

Johnson Controls International stock opened at $65.10 on Thursday. Johnson Controls International has a 52 week low of $59.82 and a 52 week high of $81.77. The company’s 50 day moving average price is $64.43 and its two-hundred day moving average price is $71.53. The company has a quick ratio of 0.79, a current ratio of 1.04 and a debt-to-equity ratio of 0.40. The stock has a market cap of $45.75 billion, a P/E ratio of 29.59, a P/E/G ratio of 2.35 and a beta of 1.16.

Johnson Controls International (NYSE:JCIGet Rating) last posted its earnings results on Wednesday, February 2nd. The company reported $0.54 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.53 by $0.01. The firm had revenue of $5.86 billion for the quarter, compared to analysts’ expectations of $5.79 billion. Johnson Controls International had a net margin of 6.48% and a return on equity of 10.58%. The company’s quarterly revenue was up 9.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.43 EPS. On average, equities analysts anticipate that Johnson Controls International will post 3.27 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Thursday, April 14th. Investors of record on Monday, March 21st were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date was Friday, March 18th. This is a boost from Johnson Controls International’s previous quarterly dividend of $0.34. Johnson Controls International’s payout ratio is 63.64%.

In other news, VP Robert M. Vanhimbergen sold 5,683 shares of the firm’s stock in a transaction dated Friday, February 25th. The stock was sold at an average price of $64.44, for a total value of $366,212.52. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, VP Robert M. Vanhimbergen sold 8,573 shares of the firm’s stock in a transaction dated Thursday, February 3rd. The shares were sold at an average price of $69.63, for a total value of $596,937.99. The disclosure for this sale can be found here. Company insiders own 0.61% of the company’s stock.

Large investors have recently bought and sold shares of the stock. Northwest Investment Counselors LLC bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $25,000. Blue Bell Private Wealth Management LLC bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $26,000. Addison Advisors LLC bought a new stake in shares of Johnson Controls International in the 4th quarter worth approximately $28,000. Bell Investment Advisors Inc bought a new stake in shares of Johnson Controls International in the 3rd quarter worth approximately $30,000. Finally, GPS Wealth Strategies Group LLC raised its holdings in shares of Johnson Controls International by 722.8% in the 1st quarter. GPS Wealth Strategies Group LLC now owns 469 shares of the company’s stock worth $31,000 after purchasing an additional 412 shares during the period. 88.89% of the stock is currently owned by institutional investors.

A number of equities analysts have issued reports on JCI shares. Credit Suisse Group cut their price target on Johnson Controls International from $89.00 to $86.00 and set an “outperform” rating for the company in a research note on Thursday, February 3rd. Deutsche Bank Aktiengesellschaft upgraded Johnson Controls International from a “hold” rating to a “buy” rating and cut their price target for the company from $80.00 to $79.00 in a research note on Wednesday, March 23rd. Wells Fargo & Company cut their price target on Johnson Controls International from $91.00 to $83.00 in a research note on Thursday, February 3rd. Mizuho cut their price target on Johnson Controls International from $93.00 to $88.00 and set a “buy” rating for the company in a research note on Thursday, February 3rd. Finally, Morgan Stanley cut their price target on Johnson Controls International from $84.00 to $82.00 and set an “overweight” rating for the company in a research note on Thursday, April 7th. Three investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $79.69.

About Johnson Controls International (Get Rating)

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.

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