Pine Valley Investments Ltd Liability Co Purchases 616 Shares of Johnson Controls International plc (NYSE:JCI)

Pine Valley Investments Ltd Liability Co lifted its holdings in shares of Johnson Controls International plc (NYSE:JCI) by 11.4% during the fourth quarter, HoldingsChannel reports. The firm owned 6,003 shares of the company’s stock after acquiring an additional 616 shares during the quarter. Pine Valley Investments Ltd Liability Co’s holdings in Johnson Controls International were worth $474,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Compass Financial Services Inc bought a new position in shares of Johnson Controls International in the 4th quarter valued at about $26,000. Fortitude Family Office LLC boosted its holdings in shares of Johnson Controls International by 195.8% during the 3rd quarter. Fortitude Family Office LLC now owns 420 shares of the company’s stock worth $33,000 after buying an additional 278 shares during the period. Synergy Asset Management LLC acquired a new position in shares of Johnson Controls International in the fourth quarter valued at approximately $42,000. ST Germain D J Co. Inc. grew its holdings in Johnson Controls International by 32.8% in 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 in the last quarter. Finally, Western Pacific Wealth Management LP bought a new position in Johnson Controls International during the 3rd quarter worth $44,000. Institutional investors own 90.05% of the company’s stock.

Insider Activity at Johnson Controls International

In related news, VP Nathan D. Manning sold 1,421 shares of the business’s stock in a transaction that occurred on 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 sale, the vice president now owns 148,346 shares in the company, valued at $11,339,568.24. The trade was a 0.95 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO George Oliver sold 124,497 shares of the company’s stock in a transaction on Tuesday, December 10th. The shares were sold at an average price of $82.67, for a total transaction of $10,292,166.99. Following the completion of the sale, the chief executive officer now directly owns 1,267,716 shares of the company’s stock, valued at $104,802,081.72. This trade represents a 8.94 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 837,963 shares of company stock valued at $72,883,012. Corporate insiders own 0.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on JCI shares. Royal Bank of Canada boosted their price objective on shares of Johnson Controls International from $86.00 to $93.00 and gave the company a “sector perform” rating in a research report on Thursday, February 6th. Morgan Stanley boosted their target price on shares of Johnson Controls International from $95.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Barclays increased their price target on Johnson Controls International from $75.00 to $83.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Citigroup reduced their target price on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating for the company in a research note on Monday, January 13th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Johnson Controls International from $87.00 to $100.00 and gave the company an “overweight” rating in a research report on Thursday, February 6th. Eight equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. According to data from MarketBeat.com, Johnson Controls International presently has an average rating of “Moderate Buy” and a consensus price target of $91.13.

Johnson Controls International Price Performance

JCI opened at $84.97 on Thursday. The firm has a 50-day moving average of $82.22 and a 200 day moving average of $78.83. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.86 and a current ratio of 1.02. Johnson Controls International plc has a fifty-two week low of $58.90 and a fifty-two week high of $91.14. The firm has a market cap of $56.09 billion, a P/E ratio of 32.43, a PEG ratio of 1.96 and a beta of 1.32.

Johnson Controls International (NYSE:JCI) last announced its quarterly earnings data on Wednesday, February 5th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.05. Johnson Controls International had a return on equity of 15.11% and a net margin of 6.83%. On average, research analysts expect that Johnson Controls International plc will post 3.64 EPS for the current year.

Johnson Controls International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a yield of 1.74%. The ex-dividend date was Monday, December 23rd. Johnson Controls International’s payout ratio is presently 56.49%.

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.