Johnson Controls International plc (NYSE:JCI) Shares Bought by Washington Capital Management Inc.

Washington Capital Management Inc. lifted its stake in shares of Johnson Controls International plc (NYSE:JCIFree Report) by 35.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,140 shares of the company’s stock after acquiring an additional 3,705 shares during the quarter. Washington Capital Management Inc.’s holdings in Johnson Controls International were worth $815,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. NBC Securities Inc. acquired a new position in shares of Johnson Controls International during the third quarter valued at approximately $26,000. Certified Advisory Corp acquired a new position in shares of Johnson Controls International during the first quarter valued at approximately $26,000. Moisand Fitzgerald Tamayo LLC acquired a new position in shares of Johnson Controls International during the third quarter valued at approximately $30,000. Headinvest LLC acquired a new position in shares of Johnson Controls International during the third quarter valued at approximately $30,000. Finally, West Paces Advisors Inc. acquired a new position in shares of Johnson Controls International during the third quarter valued at approximately $31,000. Institutional investors and hedge funds own 90.05% of the company’s stock.

Johnson Controls International Stock Up 0.7 %

JCI stock opened at $65.32 on Friday. The company has a 50 day moving average of $58.94 and a two-hundred day moving average of $55.46. The company has a quick ratio of 0.73, a current ratio of 0.97 and a debt-to-equity ratio of 0.45. Johnson Controls International plc has a 12-month low of $47.90 and a 12-month high of $70.43. The company has a market cap of $44.51 billion, a price-to-earnings ratio of 21.28, a PEG ratio of 1.62 and a beta of 1.24.

Johnson Controls International (NYSE:JCIGet Free Report) last posted its quarterly earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.51. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.94 billion. During the same period last year, the business earned $0.67 EPS. The business’s quarterly revenue was up .4% on a year-over-year basis. On average, equities analysts anticipate that Johnson Controls International plc will post 3.62 earnings per share for the current fiscal year.

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 19th. Stockholders of record on Monday, March 25th will be issued a dividend of $0.37 per share. The ex-dividend date of this dividend is Friday, March 22nd. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.27%. Johnson Controls International’s dividend payout ratio is currently 48.21%.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Oppenheimer restated an “outperform” rating and set a $66.00 target price on shares of Johnson Controls International in a report on Wednesday, December 13th. Citigroup raised their target price on shares of Johnson Controls International from $58.00 to $61.00 and gave the stock a “neutral” rating in a report on Monday, December 11th. StockNews.com cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Thursday, January 25th. Barclays reduced their target price on shares of Johnson Controls International from $60.00 to $59.00 and set an “equal weight” rating for the company in a report on Wednesday, January 31st. Finally, Argus cut shares of Johnson Controls International from a “buy” rating to a “hold” rating in a report on Tuesday, February 20th. One investment analyst has rated the stock with a sell rating, nine have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $62.58.

View Our Latest Research Report on Johnson Controls International

Johnson Controls International Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Johnson Controls International (NYSE:JCI)

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