Mutual of America Capital Management LLC Trims Holdings in Johnson Controls International plc (NYSE:JCI)

Mutual of America Capital Management LLC trimmed its position in Johnson Controls International plc (NYSE:JCI) by 4.4% in the 4th quarter, HoldingsChannel reports. The fund owned 91,250 shares of the company’s stock after selling 4,163 shares during the quarter. Mutual of America Capital Management LLC’s holdings in Johnson Controls International were worth $5,260,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. M. Kulyk & Associates LLC increased its holdings in Johnson Controls International by 2.6% in the 3rd quarter. M. Kulyk & Associates LLC now owns 92,945 shares of the company’s stock worth $4,946,000 after acquiring an additional 2,336 shares in the last quarter. Quantbot Technologies LP increased its holdings in Johnson Controls International by 249.8% in the 3rd quarter. Quantbot Technologies LP now owns 23,934 shares of the company’s stock worth $1,274,000 after acquiring an additional 17,091 shares in the last quarter. ANTIPODES PARTNERS Ltd increased its holdings in Johnson Controls International by 89.4% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 253,859 shares of the company’s stock worth $14,632,000 after acquiring an additional 119,844 shares in the last quarter. Wealthspire Advisors LLC increased its holdings in Johnson Controls International by 47.6% in the 3rd quarter. Wealthspire Advisors LLC now owns 4,595 shares of the company’s stock worth $244,000 after acquiring an additional 1,481 shares in the last quarter. Finally, Klein Pavlis & Peasley Financial Inc. purchased a new stake in Johnson Controls International in the 4th quarter worth approximately $928,000. 90.05% of the stock is owned by hedge funds and other institutional investors.

Johnson Controls International Stock Up 0.2 %

Shares of JCI opened at $65.29 on Monday. The company has a market cap of $44.49 billion, a PE ratio of 21.27, a P/E/G ratio of 1.64 and a beta of 1.24. The business has a fifty day moving average of $60.98 and a 200 day moving average of $56.09. Johnson Controls International plc has a 52-week low of $47.90 and a 52-week high of $70.43. 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 (NYSE:JCI) last issued its quarterly earnings results on Tuesday, January 30th. The company reported $0.51 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.51. The company had revenue of $6.09 billion during the quarter, compared to the consensus estimate of $6.94 billion. Johnson Controls International had a return on equity of 13.08% and a net margin of 7.85%. Johnson Controls International’s revenue was up .4% on a year-over-year basis. During the same period last year, the company earned $0.67 earnings per share. On average, sell-side analysts expect that Johnson Controls International plc will post 3.61 EPS for the current year.

Johnson Controls International Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts have weighed in on JCI shares. Royal Bank of Canada dropped their price target on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating for the company in a research note on Wednesday, January 31st. Melius Research restated a “hold” rating on shares of Johnson Controls International in a research note on Tuesday, January 30th. StockNews.com downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Thursday, January 25th. Argus downgraded Johnson Controls International from a “buy” rating to a “hold” rating in a research note on Tuesday, February 20th. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $60.00 price target (down from $65.00) on shares of Johnson Controls International in a research note on Wednesday, January 31st. One analyst has rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Johnson Controls International presently has a consensus rating of “Hold” and an average target price of $64.08.

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.