Anchor Capital Advisors LLC Takes Position in Johnson Controls International plc (NYSE:JCI)

Anchor Capital Advisors LLC bought a new position in shares of Johnson Controls International plc (NYSE:JCI) during the 4th quarter, according to its most recent 13F filing with the SEC. The fund bought 19,835 shares of the company’s stock, valued at approximately $1,566,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Compass Financial Services Inc acquired a new stake in Johnson Controls International in the fourth quarter worth about $26,000. Synergy Asset Management LLC purchased a new position in shares of Johnson Controls International in the 4th quarter valued at approximately $42,000. ST Germain D J Co. Inc. boosted its stake 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 worth $43,000 after purchasing an additional 134 shares in the last quarter. Western Pacific Wealth Management LP purchased a new stake in Johnson Controls International during the 3rd quarter worth approximately $44,000. Finally, Heck Capital Advisors LLC acquired a new position in Johnson Controls International during the 4th quarter valued at approximately $48,000. 90.05% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on JCI. Melius downgraded shares of Johnson Controls International from a “buy” rating to a “hold” rating and set a $95.00 price objective for the company. in a research note on Tuesday, January 28th. Wells Fargo & Company lifted their price target on Johnson Controls International from $92.00 to $98.00 and gave the stock an “overweight” rating in a research report on Thursday, February 6th. Citigroup dropped their price target on Johnson Controls International from $85.00 to $84.00 and set a “neutral” rating on the stock in a research note on Monday, January 13th. Morgan Stanley raised their price objective on Johnson Controls International from $95.00 to $105.00 and gave the stock an “overweight” rating in a research note on Thursday, February 6th. Finally, Robert W. Baird upped their target price on Johnson Controls International from $80.00 to $85.00 and gave the company a “neutral” rating in a research report on Thursday, November 7th. Eight research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $91.13.

Insider Buying and Selling at Johnson Controls International

In other Johnson Controls International news, VP Nathan D. Manning sold 1,421 shares of the stock in a transaction on Monday, February 3rd. The shares were sold at an average price of $76.44, for a total transaction of $108,621.24. Following the transaction, the vice president now directly owns 148,346 shares of the company’s stock, valued at $11,339,568.24. This trade represents a 0.95 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO George Oliver sold 124,497 shares of the business’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $82.67, for a total transaction of $10,292,166.99. Following 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 represents a 8.94 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 837,963 shares of company stock valued at $72,883,012. Company insiders own 0.54% of the company’s stock.

Johnson Controls International Price Performance

Shares of NYSE JCI opened at $85.68 on Friday. The company has a debt-to-equity ratio of 0.50, a current ratio of 1.02 and a quick ratio of 0.86. The stock has a market capitalization of $56.56 billion, a price-to-earnings ratio of 32.70, a PEG ratio of 1.96 and a beta of 1.32. The firm’s 50 day simple moving average is $82.43 and its 200-day simple moving average is $79.00. Johnson Controls International plc has a 12 month low of $59.11 and a 12 month high of $91.14.

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

Johnson Controls International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, December 23rd were given a dividend of $0.37 per share. The ex-dividend date was Monday, December 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.73%. Johnson Controls International’s dividend payout ratio is currently 56.49%.

About Johnson Controls International

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.