Geneos Wealth Management Inc. lifted its position in Johnson Controls International plc (NYSE:JCI – Free Report) by 136.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,778 shares of the company’s stock after buying an additional 1,027 shares during the quarter. Geneos Wealth Management Inc.’s holdings in Johnson Controls International were worth $102,000 as of its most recent SEC filing.
Several other large investors have also made changes to their positions in JCI. Turtle Creek Wealth Advisors LLC bought a new stake in shares of Johnson Controls International in the 4th quarter valued at approximately $25,000. NBC Securities Inc. bought a new stake in shares of Johnson Controls International in the 3rd quarter valued at approximately $26,000. Certified Advisory Corp bought a new stake in shares of Johnson Controls International in the 1st quarter valued at approximately $26,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Johnson Controls International in the 3rd quarter valued at approximately $30,000. Finally, Headinvest LLC bought a new stake in shares of Johnson Controls International in the 3rd quarter valued at approximately $30,000. Institutional investors own 90.05% of the company’s stock.
Johnson Controls International Stock Down 1.4 %
Shares of JCI stock opened at $64.39 on Tuesday. Johnson Controls International plc has a 12 month low of $47.90 and a 12 month high of $70.43. The firm has a market cap of $43.88 billion, a PE ratio of 20.97, a price-to-earnings-growth ratio of 1.64 and a beta of 1.24. The stock has a 50 day moving average of $61.20 and a 200-day moving average of $56.16. 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 Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, April 19th. Investors of record on Monday, March 25th will be paid a $0.37 dividend. 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 2.30%. Johnson Controls International’s payout ratio is 48.21%.
Analysts Set New Price Targets
Several equities research analysts recently commented on JCI shares. Barclays boosted their price target on Johnson Controls International from $59.00 to $61.00 and gave the company an “equal weight” rating in a research note on Tuesday, April 2nd. Argus cut Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Tuesday, February 20th. StockNews.com cut Johnson Controls International from a “buy” rating to a “hold” rating in a research report on Thursday, January 25th. Melius Research reaffirmed a “hold” rating on shares of Johnson Controls International in a research report on Tuesday, January 30th. Finally, Royal Bank of Canada decreased their target price on Johnson Controls International from $50.00 to $48.00 and set an “underperform” rating for the company in a research report 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.
Get Our Latest Analysis on JCI
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.
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